Canada’s Pieridae Energy, the developer of the Golboro liquefied natural gas export project, has negotiated extensions of the key deadlines under its long-term deal with Germany’s Uniper. This development follows Pieridae’s announcement in April on postponing a final investment decision to build the
A-Property, a firm owned by Russian energy tycoon Albert Avdolyan, has reportedly hired TechnipFMC to design a large liquefied natural gas export terminal. The LNG plant and surrounding infrastructure in the remote northern republic of Yakutia would require a $10 billion investment, Reuters reported
The Nordic energy company Gasum will expand its LNG filling station network with a new facility in Lieto.
Norwegian LNG transportation provider Awilco returned to profit in the first quarter of the year.
MET Croatia Energy Trade filed a binding offer to LNG Croatia to book capacity at the LNG terminal on the island of Krk.
Hamburg-based Nauticor said its bunker vessel Kairos completed the bunkering of DEME’s LNG-fueled dredged Scheldt River.
The Nordic energy company Gasum closed the acquisition of Linde’s LNG and biogas business in Sweden and Norway.
China’s Hudong-Zhonghua Shipbuilding has started building the second liquefied natural gas bunkering vessel owned by Japan’s MOL and chartered by Total of France. MOL’s first LNG bunkering ship, the world’s largest such vessel, was delivered on Thursday. Both of the vessels will have a capacity of 1
The Hague-based LNG giant Shell reported a nine per cent rise in its liquefied natural gas sales during the first quarter of this year. Shell sold 19 million tonnes of LNG in the January-March period, compared to 17.51 million tonnes in the same period last year, the company said on Thursday in its
Shell has decided to slash its dividend after seeing its quarterly profit nearly halved when compared to the last year’s quarter amid a dramatic decline in oil price.
Russia’s largest private natural gas producer and LNG player Novatek slipped into red under the COVID-19 impacts.
Russian gas giant Gazprom reported a 17 percent drop in 2019 net profit due to lower prices and declining demand in Europe. Gazprom’s net profit reached 1.2 trillion Russian roubles ($16.3 billion) last year. This compares to 1.46 trillion roubles in 2018. Operating profits also fell by 42 per cent
The Port Authority of Almeria has launched a feasibility study as it is looking to start supplying liquefied natural gas to ferries using the truck-to-ship bunkering method. The Spanish port authority awarded a contract to a local engineering firm to provide technical assistance for the assessment a
Polish liquefied natural gas import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Tuesday.
