German logistics services provider Hoyer Group is expanding its liquefied natural gas (LNG) transport business footprint.
The Nordic energy company Gasum is seeing mixed signals on the maritime market recovery.
Russian gas giant Gazprom posted a net loss in the first quarter of this year mainly due to lower prices and demand in Europe, and a weak rouble. Gazprom reported a net loss of 116.2 billion Russian roubles ($1.6 billion) in the January-March period. This compares to a profit of 535.9 billion rouble
Russia’s largest independent natural gas and LNG producer Novatek reported a decline in both production and sales in the second quarter of this year. Novatek said Monday its natural gas production declined by 2.2 percent year-on-year to 18.5 billion cubic metres. The Russian company’s total producti
GasNet, a Czech natural gas distributor, has put into operation the first public mobile self-serve unit for liquefied natural gas (LNG) on the Czech market.
Cyprus has started building its first LNG import facility at Vassilikos, the nation’s largest and most expensive energy project. The project includes an FSRU connected to a jetty, mooring facilities, a pipeline, and other onshore and offshore related infrastructure. It has a price tag of 289 million
The Dutch liquefied natural gas (LNG) fueling infrastructure specialist Rolande has entered the German market with its first facility in Ulm.
The French outfit GTT has secured an order to design and build tanks for a trio of liquefied natural gas (LNG) carriers.
Russian Zvezda shipyard has started building another liquefied natural gas-powered Aframax tanker for compatriot Rosneft. The yard held a keel laying ceremony for the LNG-powered vessel on Monday, according to a statement by Russian state-owned energy company Rosneft. The vessel will be named after
A Shell study released on Tuesday exploring how the shipping industry is working to slash its emissions has confirmed LNG as one of the main transition fuels. The report named “Decarbonizing Shipping: All Hands on Deck” is a joint research by Shell and Deloitte. Shell says the report lays a “roadmap
Qatar’s PowerGlobe is looking to charter an LNG carrier to support its newly booked capacity at Croatia’s first import terminal on the island of Krk. The energy arm of privately-held Optimized Holding said in a statement it plans to charter the LNG vessel for a period of ten years. PowerGlobe did no
The Finnish technology group Wärtsilä has unveiled its reliquefaction system designed to reliquefy boil-off gas (BOG) onboard gas carriers and LNG bunker vessels.
Spanish port of Denia recently hosted its first liquefied natural gas bunkering operation supplying the fuel to Balearia’s ferry. The operation took place last Wednesday at the port located in Spain’s Alicante province, south of Valencia. Balearia’s converted ferry Bahama Mama bunkered the fuel via
Enagas and a unit of BP have teamed up to promote the use of LNG and CNG as fuel for the transport sector in Spain as part of a move to reduce emissions. The collaboration deal signed on Thursday also includes the promotion of renewable gases, and entrepreneurship and innovation projects. Enagas, th
