News Archive


Uncertainty undermines opportunities for Iranian energy sector
The Iran nuclear deal opens up billions of dollars in investment opportunities in the country’s energy sector. But uncertainty remains about the stability of the deal, the end of sanctions,... 19 Jun 16
3 reasons why Saudi Arabia will keep oil prices low
Despite a tentative agreement struck last week to freeze oil production, Saudi Arabia is likely to keep oil prices low for the foreseeable future. Last week Saudi Arabia, Venezuela, Qatar,... 19 Jun 16
South America’s bi-oceanic railway
A recently signed tri-lateral agreement between China, Peru and Brazil set hopes for a bi-oceanic railway corridor. If feasible, the project would significantly reduce trade costs and shipping times... 19 Jun 16
South Sudan faces impending economic collapse
Oil production has been slashed and oil revenues hurt by falling prices, depriving the government in Juba of most of the money it desperately needs. The UN warns that South... 19 Jun 16
Limited prospects for EU to diversify natural gas imports
Russia will remain a major supplier of natural gas to the EU as projects to find alternative sources face headwinds from escalating costs and political meddling from Moscow. Whereas Europe... 19 Jun 16
Sale of the Saudi Aramco: 3 things you should know
Saudi Arabia plans to sell part of its state-owned oil company next year. GRI analyzes the IPO and what it means for investors and the Saudi economy. ... 19 Jun 16
Greece and Bulgaria to develop proposal for Greek LNG terminal
According to Reuters, Greece’s Gastrade and Bulgaria’s BEH have established a task force in order to develop a proposal to construct an LNG terminal, which would be located offshore northern Greec... 18 Jun 16
Pricing risks in times of uncertainty
An interview with Cheong Jin Yu, Director - Oil, Gas & Power, Singapore Exchange.... 18 Jun 16
Flow Instruments wins new Gasrec contract
Flow Instruments GmbH, a European subsidiary of Chart Industries, has been awarded a contract to supply four LNG dispensers for the Gasrec LNG/LCNG vehicle fuelling station.... 18 Jun 16
EIS submitted for Chilean FSRU
GNL Talcahuano SpA has successfully submitted the Environmental Impact Study for its offshore LNG import facility in Talchuano, Chile.... 18 Jun 16
India in talks with South Korea and Japan regarding LNG purchasing alliance
According to Reuters, India has recommenced discussions with Japan and South Korea regarding an LNG purchasing alliance.... 18 Jun 16
Freeport LNG donates to flood relief
Freeport LNG and CEO Michael Smith have contributed US$100 000 to Brazoria County for flood relief.... 18 Jun 16
Petrolia’s Bourque Project receives financing
Petrolia has announced financing for its Bourque Project by the Quebec government.... 18 Jun 16
Ferus Smit delivers second LNG-powered cement tanker
Ferus Smit has announced that it has delivered the second LNG-powered cement tanker to the JT Cement joint venture.... 18 Jun 16
Alam Maritim awarded marine spreads contract for PFLNG SATU
Alam Maritim (M) Sdn Bhd has been awarded a subcontract for work on Petronas’ floating LNG project – PFLNG SATU.... 18 Jun 16
ABS granted RO status in Japan
Japan has designated ABS as the first foreign ‘recognised organisation’ authorised for maritime labour inspection.... 18 Jun 16
Gazprom and Shell to enhance collaboration in LNG sector
Alexey Miller and Ben van Beurden have signed a Memorandum of Understanding (MoU) on the Baltic LNG project.... 18 Jun 16
Shizuoka Gas signs SPA with Shell
Shizuoka Gas Co. Ltd has released a statement claiming that it has entered into an LNG sale and purchase agreement with Shell Eastern Trading (Pte.) Ltd for LNG reloaded at the Shimizu LNG terminal.... 18 Jun 16
Power plant inaugurated in Senegal
The Cap des Biches power plant has been inaugurated in Senegal. ... 18 Jun 16
Klaipedos Nafta allocates regasification capacities
Klaipedos Nafta has allocated LNG regasification capacities to UAB Lietuvos duju tiekimas and UAB Litgas.... 18 Jun 16
DNV GL to provide classification services for new gas-ready ferries
DNV GL has released a statement claiming that it has signed a contract with Stena Line to provide classification services for the company’s new RoPax ferries.... 18 Jun 16
Management changes at Flex LNG
Jostein Ueland and Trym Tveitnes have resigned from their positions as Chief Financial Officer and Chief Technical Officer at Flex LNG. ... 18 Jun 16
SeaRoad launches LNG-fuelled RoRo freight vessel
SeaRoad has announced that it has launched the Searoad Mersey II – an LNG-fuelled RoRo freight vessel for service in the Bass Strait between Tasmania and the Australian mainland.... 18 Jun 16
GasLog completes issuance of bonds
GasLog Ltd has announced that it has completed the issuance of NOK750 million of new senior unsecured bonds in the Norwegian bond market.... 18 Jun 16
Axègaz commences operations at French LNG station
Axègaz has announced that operations have commenced on the public LNG service station on the Lille-Lesquin CRT, France.... 17 Jun 16
LR grants AIP for LNG bunker design
Lloyd’s Register has announced that it has granted Approval in Principle for a 6600 m3 LNG bunker vessel design from Hyundai Mipo Dockyard.... 17 Jun 16
BC Ferries holds naming ceremony for two new LNG dual-fuel ferries
BC Ferries has held the official naming ceremony for the Salish Eagle and the Salish Raven – two 107 m long ferries, each capable of carrying 145 vehicles and 600 passengers and crew.... 17 Jun 16
GTT receives order for two new LNG carriers
GTT will equip two new LNG carriers with its Mark III Flex membrane technology.... 17 Jun 16
Fuelgarden wins LNG FEED contract
Fuelgarden Energy has been awarded an LNG FEED contract in the UK.... 17 Jun 16
Interview: Octávio Simões, President, Sempra LNG
CWC Group has conducted an interview with Octávio Simões, President, Sempra LNG.... 17 Jun 16
Enagas and Port of Barcelona to establish LNG distribution hub
Enagas and the Port of Barcelona have signed an agreement to promote new logistics services for an LNG plant managed by Enagas in the port area.... 17 Jun 16
Paving the path for the Caribbean
Kanfer Shipping presents a solution for bringing flexible small scale LNG infrastructure to the Caribbean.... 17 Jun 16
Yamal LNG project receives first financing tranche from Russian banks
According to Reuters, Russia’s Yamal LNG project has received its first financing tranche from Sberbank and Gazprombank.... 17 Jun 16
LNG Ltd denies takeover speculation
Liquefied Natural Gas Ltd has denied any knowledge of a potential takeover bid for the company. ... 17 Jun 16
Outokumpu awarded Gate Terminal contract
Outokumpu’s stainless steel rebar has been chosen for the Gate LNG terminal project in the Netherlands.... 17 Jun 16
AGDC appoints new President
Keith Meyer has been appointed as the new President of Alaska Gasline Development Corp. ... 17 Jun 16
KBR announces leadership appointment
Global engineering, procurement and construction company, KBR, has announced that Lynn Nazareth has been appointed Vice President of Investor Relations.... 17 Jun 16
IEA releases 2016 ‘Medium-Term Gas Market Report’
The International Energy Agency has released its 2016 ‘Medium-Term Gas Market Report’, which forecasts significant shifts in the global gas trade over the next five years.... 17 Jun 16
SCT&E LNG signs binding supply agreement
SCT&E LNG has signed a binding 20-year fixed price natural gas supply agreement.... 17 Jun 16
Further strikes at Elengy’s French LNG terminals
According to Reuters, the CGT union has confirmed that two 24 hr strikes will be carried out by Elengy’s workers on the company’s three LNG terminals.... 17 Jun 16
NCECP approves new rules for the use of Lithuanian LNG terminal
Klaipedos Nafta AB has announced that the National Commission for Energy Control and Prices (NCECP) has approved the new edition of the Rules for Use of the Liquefied Natural Gas Terminal. ... 17 Jun 16
ExxonMobil announces two PNG LNG milestones
The Kumul LNG carrier has successfully loaded its first cargo at the Papua New Guinea LNG marine facilities, and the 200th cargo is scheduled to be loaded onto the Spirit of Hela on 4 – 5 June 2016.... 17 Jun 16
Toho Gas enters LNG SPA with Diamond Gas
Toho Gas Co. Ltd has announced that it has entered a sale and purchase agreement with Diamond Gas International Pte. Ltd for the purchase of LNG from the US Cameron LNG project.... 17 Jun 16
Beach Energy hires new CFO
Beach Energy Ltd has reported the appointment of Mr Morné Engelbrecht as its Chief Financial Officer, effective 29 August 2016.... 17 Jun 16
Thailand’s PTT to increase LNG terminal capacity
According to Reuters, Thailand’s PTT will increase the capacity of its Map Ta Phut LNG import terminal, whilst also planning to construct a second terminal.... 17 Jun 16
Venture Global LNG appoints new member to Board of Directors
Venture Global LNG Inc. has announced that it has appointed Terry Newendorp to its Board of Directors.... 17 Jun 16
IOLPL contracts Amec Foster Wheeler
Amec Foster Wheeler has been awarded a contract for an LNG import and regasification terminal in India.... 17 Jun 16
Cheniere appoints President and CEO to Board of Directors
Jack A. Fusco has been appointed to Cheniere Energy’s Board of Diectors.... 17 Jun 16
ABS joins LNG-fuelled dry bulk carrier design project
ABS has announced that it has joined forces with Arista Shipping, Gaztransport & Technigaz, Deltamarin and Wärtsilä to develop a new, LNG-fuelled, dry bulk carrier concept.... 17 Jun 16
Höegh LNG releases interim results for 1Q16
Höegh LNG has released its interim results for 1Q16, demonstrating an increase in EBITDA since the previous quarter.... 17 Jun 16