Top Stories Cyprus to Talk LNG Project Financing with Deutsche Bank

Cyprus to Talk LNG Project Financing with Deutsche Bank

Representatives from Deutsche Bank are due in Cyprus on Thursday to meet the country’s Energy Minister, Giorgos Lakkotrypis, to discuss LNG terminal funding. According to the Cyprus News Agency, visits from Deutsche Bank and European...

April 24 2014 / Read More »
Ferus Buys Stake in Alberta LNG Facility from Encana

Ferus Buys Stake in Alberta LNG Facility from Encana

Ferus Natural Gas Fuels completed the purchase of Encana Corporation’s 50 percent interest in the Elmworth, Alberta 190,000-litre per day LNG production facility, retaining key Encana technical and management personnel. Phase one of the Elmworth...

April 24 2014 / Read More »
PGN Hopes to Ink LNG Supply Deal Soon

PGN Hopes to Ink LNG Supply Deal Soon

Perusahaan Gas Negara (PGN) of Indonesia hopes to sign an agreement with BP Berau on the supply of LNG from the Tangguh project before the company starts operating its new FSRU in July. “The full...

April 24 2014 / Read More »
Klaipedos Nafta to Start LNG Terminal Capacity Booking

Klaipedos Nafta to Start LNG Terminal Capacity Booking

Klaipedos Nafta has approved the regulations for use of the LNG terminal following the pre-approval by the National Commission for Energy Control and Prices of Lithuania (NCECP). Therefore, the company announced that LNG terminal capacity booking (the...

April 24 2014 / Read More »
GasLog Mulls Norwegian Bond Issuance

GasLog Mulls Norwegian Bond Issuance

GasLog, an international owner, operator and manager of LNG carriers, said that it is contemplating the issuance of senior unsecured bonds in the Norwegian bond market. The company intends to list the contemplated bonds on Oslo...

April 24 2014 / Read More »
Technip Net Income at EUR 67 Mln

Technip Net Income at EUR 67 Mln

Technip said its operating income was €120 million in the first quarter of 2014, versus €172 million a year ago. Highlights: order intake of €2.8 billion including major Subsea awards such as Block 15/06 in...

April 24 2014 / Read More »
PIRA: Asian Spot LNG Prices Fall, Opportunities for Flexible Buyers Rise

PIRA: Asian Spot LNG Prices Fall, Opportunities for Flexible Buyers Rise

PIRA Energy Group reports that as Asian LNG spot prices come down, opportunities are going up for flexible buyers. In North America, Canadian exports will play a vital role in determining gas supply available for...

April 24 2014 / Read More »
LNG Carrier Due at UK South Hook Next Week

LNG Carrier Due at UK South Hook Next Week

The UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG on April 30, port data reveals. The Fraiha LNG carrier, with a capacity of 210,000 cubic metres, is transporting...

April 24 2014 / Read More »
CB&I Q1 Revenue Climbs 30 Pct

CB&I Q1 Revenue Climbs 30 Pct

CB&I reported adjusted net income for the first quarter of $94.4 million, excluding integration related costs of $8.1 million. First quarter GAAP net income was $89.0 million. Revenue for the first quarter was $2.9 billion,...

April 24 2014 / Read More »
Headlines

Tohoku to Buy U.S. LNG from Mitsubishi

Tohoku to Buy U.S. LNG from Mitsubishi

Japan’s Tohoku Electric said it has signed a basic agreement to purchase 300,000 tonnes per annum of LNG for 16 years starting in 2022...

Apr 24 2014 / Read More »

Philippines: Pagbilao LNG Terminal Construction Progressing Well

Philippines: Pagbilao LNG Terminal Construction Progressing Well

Stewart Elliott, Chairman of Energy World Corporation met in Manilla on Wednesday with Carlos Jericho L. Petilla, Secretary of the Department of Energy of...

Apr 24 2014 / Read More »

Trio Selected to Ship LNG from Yamal Project

Trio Selected to Ship LNG from Yamal Project

Russia’s Yamal LNG project, operated by Novatek, has reportedly chosen Sovcomflot of Russia, Mitsui OSK of Japan and Teekay LNG of Canada to build tankers...

Apr 23 2014 / Read More »

Nakilat Adds Three New LNG Vessels to Its Fleet

Nakilat Adds Three New LNG Vessels to Its Fleet

  Nakilat of Qatar has added three new LNG vessels to its fleet through its joint venture Maran Nakilat, which has closed US $807.4m...

Apr 22 2014 / Read More »

Oil Search: PNG LNG Project Ahead of Schedule

Oil Search: PNG LNG Project Ahead of Schedule

Oil Search said on Tuesday that the PNG LNG Project is progressing a few months ahead of schedule, with first cargo deliveries expected in...

Apr 22 2014 / Read More »

FSRU Lampung on Its Way to Indonesia

FSRU Lampung on Its Way to Indonesia

Höegh LNG took delivery of the “PGN FSRU Lampung”, the first of the four newbuilt FSRUs that the company has ordered from Hyundai Heavy Industries,...

Apr 22 2014 / Read More »

Japan: LNG Imports Rise 1 Percent in 2013/14

Japan: LNG Imports Rise 1 Percent in 2013/14

Japan, the world’s biggest buyer of liquefied natural gas, imported 87.73 million tonnes of LNG in the fiscal year ended in March, up 1 percent...

Apr 21 2014 / Read More »

Top News of The Week April 14-20, 2014

Top News of The Week April 14-20, 2014

Stabilis Energy Buys Domestic LNG Business from Encana Stabilis Energy signed a definitive agreement to purchase substantially all of the U.S. based assets of...

Apr 20 2014 / Read More »

Dynagas LNG Charters Clean Force to Gazprom

Dynagas LNG Charters Clean Force to Gazprom

Dynagas LNG Partners, an owner and operator of LNG carriers, said that it has entered into a new 13-year time-charter contract with Gazprom Marketing...

Apr 18 2014 / Read More »

Minister: Krk LNG Project More Realistic than Ever Before

Minister: Krk LNG Project More Realistic than Ever Before

The long-delayed LNG terminal project on the northern Adriatic island of Krk in Croatia is way more realistic now than it was ever before...

Apr 17 2014 / Read More »




Also in the News

Noble Energy Posts Q1 Results

Noble Energy Posts Q1 Results

Noble Energy announced first quarter 2014 net income of $200 million on total revenues of $1.4 billion. Excluding the impact of certain items that would typically not be considered by analysts in published earnings estimates, first quarter 2014 adjusted income was $298 million. Discretionary cash...

Apr 24 2014 / Read More »

Clean Energy Inaugurates CNG Station for HART

Clean Energy Inaugurates CNG Station for HART

Clean Energy Fuels opened the Hillsborough Area Regional Transit Authority (HART) CNG station to serve the first transit agency in Florida expected to transition its entire fleet to cleaner-burning natural gas. This fueling station will be equipped with four fast-fill CNG dispensers to fuel buses,...

Apr 24 2014 / Read More »

Williams Shuts Down Wyoming Gas Facility After Explosion and Fire

Williams Shuts Down Wyoming Gas Facility After Explosion and Fire

Williams Partners, reported an explosion and fire at approximately 2 p.m. Mountain Time at their natural gas processing facility in Lincoln County, Wyo., near the town of Opal. There were no reported injuries or damage to property outside the facility, the company said in a...

Apr 24 2014 / Read More »

UKOOG: Huge Opportunities from Shale Gas Development in UK

UKOOG: Huge Opportunities from Shale Gas Development in UK

A UKOOG commissioned report by EY underlines the development of shale gas in the UK could create a £33bn investment opportunity for British business with the potential to create over 64,000 jobs. UKOOG’s “Getting ready for UK shale Gas”, forecasts that to drill up to...

Apr 24 2014 / Read More »

Nexen Appoints New CEO

Nexen Appoints New CEO

Following a 20-year career with Nexen, highlighted by overseeing the acquisition of the company by CNOOC Limited, Kevin Reinhart is departing from his role as CEO of Nexen Energy ULC, a wholly-owned subsidiary of CNOOC Limited. Fang Zhi, Executive Vice President, CNOOC Limited, is assuming...

Apr 24 2014 / Read More »

Synectics Unveils New COEX TriMode Camera Station

Synectics Unveils New COEX TriMode Camera Station

Synectics has launched a new range of COEX™ TriMode camera stations which offer three light-condition operating modes in one unit, for greater operational flexibility and image clarity in all possible light conditions. The supplier of advanced surveillance solutions to the global oil & gas and...

Apr 24 2014 / Read More »

Australian Greens: Big Gas Profits Driving Domestic Price Rises

Australian Greens: Big Gas Profits Driving Domestic Price Rises

Commenting on reports today that gas bills are set to increase as LNG exports through Queensland ramp up, Senator Larissa Waters, Australian Greens spokesperson for mining said: “Foreign-owned gas exporters are destroying our farmland, risking our groundwater and the Great Barrier Reef and are now making...

Apr 24 2014 / Read More »

Alaska Governor Applauds BP-Hilcorp Deal

Alaska Governor Applauds BP-Hilcorp Deal

Alaska’s Governor Sean Parnell released the following statement in response to news that BP would be selling its interests in four North Slope fields to Hilcorp. “Today’s announcement means another entrepreneurial company will be working to accelerate production and find additional reserves on the North...

Apr 24 2014 / Read More »

Minister McArdle: NSW Should Lift Its Game on Gas Production

Minister McArdle: NSW Should Lift Its Game on Gas Production

Queensland Energy Minister Mark McArdle has called on the new Baird Government to increase New South Wales gas supplies to provide cost relief to consumers. The call follows yesterday’s announcement that gas prices in New South Wales would increase by 17.6 per cent. McArdle said...

Apr 24 2014 / Read More »
Popular articles

ConocoPhillips to Resume Kenai LNG Exports»

ConocoPhillips Alaska Natural Gas Corporation has received authorization from the U.S. DOE to export LNG from a Kenai Peninsula facility, over a two-year period to FTA...

Apr 15 2014 / No comment / Read More »

Shell, BP Ink Kuwait LNG Deals»

Shell and BP have reportedly signed deals to supply Kuwait with LNG over the next 5-6 summers. The total volume of LNG to be delivered...

Apr 14 2014 / No comment / Read More »

Picture of the Day: Prelude FLNG LEGO Model»

Shell Australia presented the Prelude FLNG LEGO® model at the APPEA Conference and Exhibition in Perth. The LEGO model is over 4 meters long and...

Apr 9 2014 / No comment / Read More »

Prelude FLNG, Arms of Innovation (VIDEO)»

LNG player Shell posted a video of  Prelude’s innovative offloading arms tested for the first time. Cris Moreno has a big job on his hands....

Apr 8 2014 / No comment / Read More »

BG Moves Global LNG Trading Centre to Singapore»

BG Group said that it has relocated the centre of its global liquefied natural gas and oil marketing business to Singapore from its head office in...

Apr 7 2014 / No comment / Read More »
LB
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams