Top Stories Poland expects first LNG carrier early 2015

Poland expects first LNG carrier early 2015

Poland’s first LNG terminal at Swinoujscie will receive its first LNG cargo at the turn of the first and second quarters next year. “The construction is to be finished at the turn of 2014 and 2015,”...

July 24 2014 / Read More »
Fos Cavaou LNG terminal upgrades loading service

Fos Cavaou LNG terminal upgrades loading service

Elengy’s unit Fosmax LNG, which owns the Fos Cavaou LNG terminal, said it can now offer its customers a top grade reloading service (4,000 m3/h instead of 1,250 m3/h) for ships of up to 200,000 m3 (instead...

July 24 2014 / Read More »
PSO gets 12 LNG supply bids

PSO gets 12 LNG supply bids

After launching a tender two moths ago, Pakistan State Oil, received 12 international bids for the supply of 400,000 Mcf/day of LNG. Platts reports that some of the interested companies are Shell, BP and Mitsubishi...

July 24 2014 / Read More »
NOF Energy members complete Ichthys LNG FPSO contracts

NOF Energy members complete Ichthys LNG FPSO contracts

Two NOF Energy members, Flexible Engineered Solutions International of Ashington and Francis Brown, joined forces to complete contracts on a production and storage vessel which will be used off the Australian coast. Flexible Engineered Solutions...

July 24 2014 / Read More »
Japan June LNG imports rise YoY

Japan June LNG imports rise YoY

Japan, the world’s biggest buyer of liquefied natural gas, imported 6.82 million tonnes of LNG in June, up 5.9 percent from June in 2013, the country’s Ministry of Finance said on Thursday. The country imported...

July 24 2014 / Read More »
PIRA: Buyers spoiled for choice on the spot LNG market

PIRA: Buyers spoiled for choice on the spot LNG market

Recent PIRA Energy Group weekly report finds that multiple offers comfort the buyers but hurt the spot sellers, and Henry Hub in the U.S. dipped bellow $4, while Europe’s oil-indexed pricing becomes more important in spot/contract...

July 24 2014 / Read More »
LR to inspect LNG storage tank projects in India

LR to inspect LNG storage tank projects in India

Lloyd’s Register Energy has been named as the preferred supplier for both third-party inspection and vendor site inspection by engineering, procurement and construction firm IHI Corporation for two new LNG tank projects in western India....

July 24 2014 / Read More »
Technip q2 revenue up 9 pct

Technip q2 revenue up 9 pct

  LNG engineer Technip said its revenue in the second quarter of 2014 was at €2.6 billion, up by 9% as compared to the same period a year before. Thierry Pilenko, Chairman and CEO of...

July 24 2014 / Read More »
Repsol net income climbs

Repsol net income climbs

Repsol of Spain posted net income of 1.327 billion euros in the first half of the year, an increase of 47% from the year-earlier period. This reflects a good performance of the company’s businesses as well...

July 24 2014 / Read More »
Headlines

Cameron LNG to receive USD 7.5 bln loan

Cameron LNG to receive USD 7.5 bln loan

About 30 banks are about to sign a 16-year loan for Sempra’s Cameron LNG export project in the amount of $7.5 billion, early next...

Jul 24 2014 / Read More »

Tokyo Gas to buy Cameron LNG from Mitsui

Tokyo Gas to buy Cameron LNG from Mitsui

Tokyo Gas of Japan signed a deal with Mitsui to buy 520,000 tons of LNG per annum from the Cameron project in the United States...

Jul 24 2014 / Read More »

Downeast LNG submits pre-filing request with FERC

Downeast LNG submits pre-filing request with FERC

Downeast LNG (DELNG) submitted its pre-filing request on July 23 with the Federal Energy Regulatory Commission (FERC) to develop an estimated $2 billion bi-directional LNG...

Jul 24 2014 / Read More »

CSDC provides guarantees for Yamal LNG newbuilds

CSDC provides guarantees for Yamal LNG newbuilds

China Shipping Development Company (CSDC) has guaranteed orders for three LNG newbuilds, being built by DSME for the Yamal LNG project. Total consideration for...

Jul 23 2014 / Read More »

Alaska LNG project files export application with DoE

Alaska LNG project files export application with DoE

In another important step forward for the Alaska LNG project, an application to export liquefied natural gas (LNG) was submitted to the U.S. Department...

Jul 22 2014 / Read More »

Oil Search production doubles

Oil Search production doubles

PNG’s Oil Search said it’s oil and gas production in the second quarter was 3.69 million barrels of oil equivalent (mmboe), up 120 percent...

Jul 22 2014 / Read More »

Top news of the week July 14-19, 2014

Top news of the week July 14-19, 2014

Fluor wins Gate LNG expansion contract Fluor was awarded a contract by Gate Terminal, a unit of Dutch Vopak and Gasunie, to design and...

Jul 20 2014 / Read More »

SCT&E increases LNG export request to 12 mtpa

SCT&E increases LNG export request to 12 mtpa

SCT&E LNG, a subsidiary of Southern California Telephone & Energy, submitted a revised Free Trade Application to the U.S. Department of Energy. The revised...

Jul 18 2014 / Read More »

PNG LNG boosts Santos revenue

PNG LNG boosts Santos revenue

Santos of Australia reported higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project,...

Jul 18 2014 / Read More »

Cheniere pens another Corpus Christi deal

Cheniere pens another Corpus Christi deal

Cheniere’s unit Corpus Christi Liquefaction has entered into a liquefied natural gas sale and purchase agreement with Électricité de France (EDF). Under the agreement...

Jul 18 2014 / Read More »




Also in the News

Noble Energy net income at USD 192 million

Noble Energy net income at USD 192 million

Noble Energy announced second quarter 2014 net income of $192 million on total revenues of $1.4 billion. Excluding the impact of certain items, which would typically not be considered by analysts in published earnings estimates, second quarter 2014 adjusted income was $318 million. Key highlights for the second quarter...

Jul 24 2014 / Read More »

Tidal wetlands license for Cove Point LNG approved

Tidal wetlands license for Cove Point LNG approved

The Maryland Board of Public Works approved unanimously a tidal wetlands license for the Dominion Cove Point LNG export project. A crowd of about 250 Calvert County leaders and other citizens, labor representatives and supporters rallied outside the State House before the hearing. The BPW...

Jul 24 2014 / Read More »

Wartsila divests QMD 2-stroke JV shares

Wartsila divests QMD 2-stroke JV shares

Wärtsilä plans to divest its shares in the Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co. Ltd (QMD), the joint venture company established for manufacturing large low-speed marine diesel engines. Wärtsilä’s shares in the joint venture will be transferred to the current majority shareholder, Qingdao Qiyao...

Jul 24 2014 / Read More »

Downer and RIB Software to collaborate on Wheatstone LNG

Downer and RIB Software to collaborate on Wheatstone LNG

Downer EDI Limited (Downer) will implement the RIB iTWOcx Cloud Project Document Management, Collaboration and Governance Platform to deliver a trustworthy and auditable project management system for their downstream portion of the Chevron-operated Wheatstone Project in Western Australia. The contract, valued at approximately A$400 million,...

Jul 24 2014 / Read More »

Cheniere declares distributions

Cheniere declares distributions

Cheniere Energy Partners declared a cash distribution per common unit of $0.425 and the related distribution to its general partner. All of these distributions are payable on August 14, 2014 to unitholders of record as of August 1, 2014. Press Release, July 24, 2014; Image: Cheniere...

Jul 24 2014 / Read More »

BIMCO: sub-committee discusses LNG boil-off responsibilities

BIMCO: sub-committee discusses LNG boil-off responsibilities

BIMCO’s sub-committee tasked with the development of a new standard voyage charter party for the transportation of LNG met for the third time on 15 July in London to discuss the allocation of responsibilities in respect of heel and boil-off of cargo. While the normal practice under...

Jul 24 2014 / Read More »

Air Products reports 9 pct higher net income

Air Products reports 9 pct higher net income

Air Products reported third quarter results led by strong performance in Merchant Gases, and Electronics and Performance Materials. For the quarter ended June 30, 2014, net income was $314 million, up nine percent, and diluted earnings per share (EPS) was $1.46, an increase of seven...

Jul 24 2014 / Read More »

Gazprom wants Kazakh gas supply contract extension

Gazprom wants Kazakh gas supply contract extension

  Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Uzakbai Karabalin, Minister of Oil and Gas of the Republic of Kazakhstan met in Astana on Wednesday where they discussed cooperation in the gas sector.  “The parties discussed further cooperation in the gas sector and,...

Jul 24 2014 / Read More »

GE, LR ink gas turbines MoU

GE, LR ink gas turbines MoU

GE Marine and Lloyd’s Register have signed a Memorandum of Understanding (MOU) to identify potential gas turbine-powered commercial ship projects. “Through the MOU we will identify target segments and commercial customers for our highly-efficient marine gas turbine systems,” said Brien Bolsinger, Vice President, Marine Operations,...

Jul 24 2014 / Read More »
Popular articles

Yokogawa developing Yamal LNG systems»

  Yokogawa is currently developing control and safety systems for the Novatek-operated Yamal LNG project in Russia, Yokogawa Europe’s business development manager for upstream oil...

Jul 16 2014 / No comment / Read More »

Fluor wins Gate LNG expansion contract»

Fluor was awarded a contract by Gate Terminal, a unit of Dutch Vopak and Gasunie, to design and build an LNG break bulk terminal in Rotterdam, the...

Jul 15 2014 / 1 comment / Read More »

DNV GL optimistic on 1000 LNG-fuelled ships by 2020»

In 2012 DNV presented its Shipping 2020 publication predicting 1000 vessels sailing on LNG by 2020. Now DNV GL, the world’s largest classification society, still...

Jul 15 2014 / No comment / Read More »

Singapore’s ambitions as an LNG bunkering hub»

We are in a period of eco-friendly awareness on a global scale, traditional energy sources are in a decline due to new regulatory controls. The...

Jul 10 2014 / No comment / Read More »

Inpex floats FPSO hull for Ichthys LNG»

Inpex of Japan launched the hull of the floating production, storage and offloading (FPSO) facility for the Inpex-operated Ichthys LNG project from the dry dock at the Daewoo...

Jul 7 2014 / 1 comment / Read More »
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