Top Stories Japan, India to cooperate on LNG

Japan, India to cooperate on LNG

Japanese Prime Minister Shinzo Abe and his Indian counterpart Narendra Modi agreed to extend the cooperation between the two countries on a wide range of areas including LNG. With the goal of recognising the critical dependence of...

September 1 2014 / Read More »
We Tech equipment for Terntank LNG-powered tankers

We Tech equipment for Terntank LNG-powered tankers

WE Tech Solutions and Wärtsilä signed a contract for the delivery of four Direct Drive Permanent Magnet Shaft Generator solutions to a series of LNG fuelled tankers.  Based in Vaasa, Finland, WE Tech is to...

September 1 2014 / Read More »
BG Group improves gas infrastructure in Egypt

BG Group improves gas infrastructure in Egypt

BG Egypt, a subsidiary of LNG player BG Group, improved Egypt’s gas infrastructure with an upgraded well control system enabling it to bring new wells on in the complex West Delta Deep Marine concession while maintaining the supply...

September 1 2014 / Read More »
Gitxsan block Prince Rupert gas transmission project

Gitxsan block Prince Rupert gas transmission project

Prince Rupert gas transmission project has been blocked by the members of the Gitxsan nation. Members protesting claim that LNG traffic and other unauthorized industrial activity has been blocked off from the area. According to the...

August 29 2014 / Read More »
Sovcomflot posts H1 profit of USD 63.6 million

Sovcomflot posts H1 profit of USD 63.6 million

OAO Sovcomflot of Russia announced its financial and operating results for the six months ended 30 June 2014, boasting a net profit of $63.6 million compared to the loss of $14.4 in the previous year. Gross...

August 29 2014 / Read More »
Flex LNG posts Q2 results

Flex LNG posts Q2 results

Flex LNG said that the cash balances at 30 June were $0.4m (2013: $3.9m) with $0.4m net outflow (2013: $1.0m) in the quarter and $1.1m year to date (2013: $2.3m). In the six months in 2014 the...

August 29 2014 / Read More »
Caribbean FLNG construction progressing well

Caribbean FLNG construction progressing well

Belgian LNG and LPG carrier owner and operator Exmar said that the construction of the world’s first floating liquefaction unit Caribbean FLNG at Wison Heavy Industry’s shipyard in Nantong, China is progressing as planned. Start of operations is scheduled...

August 29 2014 / Read More »
Ophir Energy restructures senior management

Ophir Energy restructures senior management

As part of a reorganisation across all levels of the company designed to reduce costs, and adjust to the future needs of the business, the Board of Ophir Energy is to restructure and streamline the...

August 28 2014 / Read More »
Future role of LNG in Europe shrouded in uncertainty

Future role of LNG in Europe shrouded in uncertainty

Demand for natural gas in Europe has fallen dramatically, which has led to a severe drop in imports of LNG. Today, there is considerable uncertainty over the future role of LNG in Europe’s gas supply....

August 28 2014 / Read More »
Headlines

Top news of the week August 25-30, 2014

Top news of the week August 25-30, 2014

Chevron struggling to sell Gorgon LNG capacity Chevron is having a hard time to complete the 20-years sales contracts for its Gorgon LNG export...

Aug 31 2014 / Read More »

APLNG completes LNG storage tanks testing

APLNG completes LNG storage tanks testing

Australia Pacific LNG successfully completed the hydro and pneumatic testing on its second LNG storage tank, a first for Curtis Island. Australia Pacific LNG’s...

Aug 29 2014 / Read More »

LNG Limited finalises Bear Head LNG acquisition

LNG Limited finalises Bear Head LNG acquisition

Liquefied Natural Gas Limited has finalised the acquisition of 100% of Bear Head LNG Corporation (BHLC). This follows the announcement regarding the signing of an agreement to...

Aug 27 2014 / Read More »

Samsung C&T gets SLNG terminal expansion EPC contract

Samsung C&T gets SLNG terminal expansion EPC contract

Singapore LNG Corporation has awarded the Engineering, Procurement and Construction (EPC) contract for the Phase 3 expansion of the Singapore LNG terminal to Samsung...

Aug 27 2014 / Read More »

STX Offshore & Shipbuilding completes LNG Pskov

STX Offshore & Shipbuilding completes LNG Pskov

  STX Offshore & Shipbuilding of South Korea hosted a name-giving ceremony for the LNG carrier Pskov after the construction of the vessel was...

Aug 26 2014 / Read More »

Top news of the week August 18-23, 2014

Top news of the week August 18-23, 2014

PetroChina rethinking its LNG strategy PetroChina was forced to think over its strategy of producing LNG as transport fuel to over 80,000 LNG vehicles...

Aug 24 2014 / Read More »

LNG in Mozambique gets USD 30 bln push

LNG in Mozambique gets USD 30 bln push

Mozambique’s natural gas sector will get a $30 billion investment to build the capacity for production of 20 million tonnes per year of LNG,...

Aug 22 2014 / Read More »

Santos GLNG project more than 85 pct complete

Santos GLNG project more than 85 pct complete

The US$18.5 billion Santos GLNG project is more than 85% complete and remains on track for first LNG in 2015, Santos said in its...

Aug 22 2014 / Read More »

Lithuania signs LNG import deal with Statoil

Lithuania signs LNG import deal with Statoil

Looking to free itself from the dependence on Russian gas, Lithuania signed its first LNG purchase deal with Norway’s Statoil. Starting in 2015, Statoil...

Aug 21 2014 / Read More »

Origin cash flow climbs

Origin cash flow climbs

Origin Energy announced a statutory profit of $530 million for the financial year ended 30 June 2014, a 40 per cent increase from $378...

Aug 21 2014 / Read More »




Also in the News

Centrica repurchases more shares

Centrica repurchases more shares

Centrica plc said it purchased (through Barclays Bank PLC) 750,000 Centrica plc ordinary shares at an average price of 318.7234 pence per share. The highest price and the lowest price paid for these shares were 319.00 pence and 317.50 pence respectively. The purchased shares will be...

Sep 1 2014 / Read More »

Saudi Aramco looking to attract shale gas interest

Saudi Aramco looking to attract shale gas interest

Saudi Arabia’s state-run Saudi Aramco attracted the interest of four companies to work on unconventional gas in the country. According to the sources South Korea’s GS Engineering and Construction, Italy’s Maire Tecnimont, Japan’s JGC and SNC-Lavalin of Canada were all interested companies. Aramco plans to...

Sep 1 2014 / Read More »

Statoil resumes operations at In Amenas

Statoil resumes operations at In Amenas

19 months after the In Amenas attack, Statoil and the joint venture partners are ready to resume ordinary operations at the plant. In June, the corporate executive committee approved the return of temporary manning to the plant to finalise the implementation of the outstanding security...

Sep 1 2014 / Read More »

Power of Siberia pipeline construction starts

Power of Siberia pipeline construction starts

The construction works on Gazprom’s Power of Siberia pipeline that will deliver 4 trillion cubic meters of gas to China over a period of 30 years have commenced. Russian President Vladimir Putin and Chinese Vice President Zhang Gaoli launched the construction of the first part of...

Sep 1 2014 / Read More »

Trans-Asia finds LNG expensive

Trans-Asia finds LNG expensive

Trans-Asia Oil and Energy Development Corp. said that it will focus on completing the 270-MW coal plant in Batangas as coal still provides a cheaper option than LNG. Trans-Asia president Francisco Viray told reporters that “The big challenge of LNG is that it is relatively...

Sep 1 2014 / Read More »

VRA to sign gas supply agreements with four companies

VRA to sign gas supply agreements with four companies

The Volta River Authority of Ghana is about to sign gas supply agreements with four companies to meet the demand for gas needed for the running of its thermal plants.  The four companies are ND Western, Network Oil, Constant Capital and Sahara Oil, reports B&FT....

Sep 1 2014 / Read More »

Real Energy to look for gas in Cooper Basin

Real Energy to look for gas in Cooper Basin

Cooper Basin focused oil & gas exploration company Real Energy said that Ensign International drill rig 916 has been mobilised and is now being rigged up at Tamarama-1 wellsite, which is located in ATP927P. Real Energy’s maiden well, Tamarama-1, is expected to spud by the end of the...

Sep 1 2014 / Read More »

CE FLNG updates on proposed export terminal

CE FLNG updates on proposed export terminal

CE FLNG filed an update on its self-propelled floating LNG export terminal on the Mississippi river with the U.S. Federal Energy Regulatory Comission. According to the report it is still waiting for a ruling by U.S. Customs and Border Protection on the proposed use of purpose-built,...

Sep 1 2014 / Read More »

SHI and Samsung Engineering merge

SHI and Samsung Engineering merge

Samsung Heavy Industries said it will merge with Samsung Engineering, the first engineering company in Korea. The merger between Samsung Heavy Industries and Samsung Engineering was decided during their board of directors meeting on September 1 to create a “world-class total solution provider for shipbuilding and...

Sep 1 2014 / Read More »
Popular articles

LNG in Mozambique gets USD 30 bln push»

Mozambique’s natural gas sector will get a $30 billion investment to build the capacity for production of 20 million tonnes per year of LNG, with...

Aug 22 2014 / 2 comments / Read More »

Prelude FLNG turret sets sail for Korea»

The largest piece of the turret for Shell’s Prelude floating liquefied natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries...

Aug 15 2014 / 1 comment / Read More »

Wheatstone LNG moving forward (VIDEO)»

The Chevron-operated Wheatstone LNG project continued to gain momentum in the first half of 2014, and remains on track for first gas in late 2016....

Aug 13 2014 / 1 comment / Read More »

BG: US LNG exports could reach up to 70 mtpa by 2025»

LNG player BG Group believes that the US could become an exporter of 60 to 70 mtpa of LNG by 2025, Andrew Walker, the company’s Vice President...

Aug 6 2014 / 1 comment / Read More »

Apache exiting Wheatstone and Kitimat LNG projects»

Houston-based Apache said on Thursday that it intends to completely exit Australia’s Wheatstone and Canada’s Kitimat LNG projects to focus on drilling onshore in North America. “Consistent...

Jul 31 2014 / 1 comment / Read More »
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