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CNOOC Storing LNG Offshore

Jan 16, 2019

China's state-owned CNOOC is temporarily storing liquefied natural gas (LNG) in a tanker off South Korea as a warmer than usual winter cuts expected spot demand for the fuel, industry sources said on Wednesday.China faced a severe winter gas…

Melkoeya LNG Plant Restarts Operations

Jan 14, 2019

Norwegian oil and gas firm Equinor has restarted operations at its Melkoeya LNG plant after an outage ten days ago, the company said on Monday.The plant, which liquefies natural gas from the Arctic Snoehvit gas field for transportation by tankers…

US Oil Export Boom Sparks Battle to Build Texas Ports

Jan 10, 2019

Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new supplies expected over the next five years.Of seven proposed oil-export projects, nowhere is the opportunity greater or the competition more fierce than in Corpus Christi…

Challenge Peak Ships 1st Plant Condensate from Ichthys LNG Project

Jan 02, 2019

The oil products tanker operated by Singapore-based NYK Bulkship (Asia) Challenge Peak  has shipped the first batch of plant condensate produced at the onshore gas liquefaction plant of the INPEX-operated Ichthys LNG Project.According to a press…

Great Ships 2018: BP's British Partner

Dec 27, 2018

BP Shipping took delivery of British Partner, the first of a half dozen new 173,400 cu. m. capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea.  BP Shipping, which launched…

Cheniere, Malaysia's Petronas Sign 20-Year LNG Pact

Dec 19, 2018

Houston-based Cheniere Energy Partners has signed a 20-year liquefied natural gas (LNG) supply deal with a subsidiary of Petronas, Malaysia's state-owned oil and natural gas company.Per long-term pact, Petronas agreed to buy about 1.1 million tons a year from the Sabine Pass facility…

Sovcomflot completes USD 900 mln in Foreign Investment

Dec 18, 2018

Russia’s maritime shipping company Sovcomflot has announced that it has entered into a new USD 264 million six-year revolving credit facility with a consortium of five leading international banks.The completion of this credit facility marks the successful finalisation of SCF’s 2018 financing plan…

Lithuania Plans to Buy an FSRU

Dec 18, 2018

Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces its reliance on Russian natural gas.Klaipedos Nafta is currently…

Angola's Soyo LNG Plant Resumes Production

Dec 18, 2018

Angola's Soyo liquefied natural gas (LNG) plant has resumed production after a 'controlled' shutdown, a spokeswoman for Angola LNG said on Tuesday.She did not specify why the shutdown had occurred and declined to say when the plant would load its first cargo after reopening…

Norway Postpones Decision on Arctic Oil Terminal

Dec 14, 2018

The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes…

Poland's PGNiG Receives US LNG

Dec 14, 2018

Polish state-controlled oil and gas company Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) is set to receive a spot cargo of U.S. liquefied natural gas (LNG).The Warsaw-headquartered oil and gas company said in a statement that it will receive…

Christophe de Margerie Loads First Cargo from Third Train Yamal LNG

Dec 14, 2018

The Arctic LNG carrier Christophe de Margerie, owned and operated by Sovcomflot, loaded the first batch of liquefied natural gas (LNG) produced at the third train of Yamal LNG plant, at the Port of Sabetta on the Yamal Peninsula.Dmitry Medvedev…

Yamal LNG Reaches Full Capacity

Dec 12, 2018

The Yamal liquefied natural gas (LNG) project in Arctic Russia officially commissioned the third and last production line Tuesday.Russia's independent natural gas producer PAO Novatek announced that its joint venture Yamal LNG has reached full capacity at the plant’s three LNG trains…

AET Grows in Brazil

Dec 11, 2018

With the ongoing development of deepwater pre-salt plays and a decreased demand on local content in tankers and other vessels, Brazilian national operator Petrobras and other super-majors have been looking abroad for better rates and reliable operators of shuttle tankers…

Petronet Seeks Long-term Deal to Buy US LNG

Dec 10, 2018

Top Indian gas importer Petronet LNG is looking to sign a deal in a year's time to buy at least 1 million tonnes of U.S. natural gas annually for a period of up to 10 years, as it pushes to diversify its supply sources beyond the Middle East…

Current News

LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell

LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell

MEO Group Orders Five Crew Boats from Penguin

MEO Group Orders Five Crew Boats from Penguin

Palantir, Trafigura to Track Carbon Emissions for Oil, Metals industry

Palantir, Trafigura to Track Carbon Emissions for Oil, Metals industry

ADNOC, BP and Masdar in Hydrogen and Technology Partnership

ADNOC, BP and Masdar in Hydrogen and Technology Partnership

Keppel O&M Secures Three-year Bareboat Charters for Jack-up Rig Duo

Keppel O&M Secures Three-year Bareboat Charters for Jack-up Rig Duo

Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

Valaris MS-1 Offshore Drilling Rig Reaches Sasanof-1 Well Site

S. Korea Court Dismisses Application Against Barossa Pipeline Funding

S. Korea Court Dismisses Application Against Barossa Pipeline Funding
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