News Archive


Asia: still the key
Peter Kiernan, The Economist Intelligence Unit (EIU), UK, explains why Asia remains key for future LNG market growth, despite a bearish outlook in the short-term. ... 30 Jun 16
Gazprom to promote use of LNG in Bolivia
Gazprom has signed agreements to help stimulate the growth of Bolivia’s energy market.... 30 Jun 16
RasGas reduces NOx emissions intensity
RasGas has announced that it has reduced NOx intensity by 90% through 10-year emissions reduction programme.... 30 Jun 16
PNW LNG project environmental review resumes
The Canadian Environmental Assessment Agency has resumed the environmental review of the Petronas-led Pacific NorthWest LNG project in northern British Columbia, Canada.... 30 Jun 16
Squamish Nation approves environmental assessment agreement for pipeline
Squamish Nation Chiefs and Council have approved the environmental assessment agreement for the proposed Eagle Mountain – Woodfibre gas pipeline project, and have issued FortisBC with an environment... 30 Jun 16
RasGas and EDF ink LNG SPA
RasGas has signed a new LNG Sales and Purchase Agreement with EDF.... 30 Jun 16
Intertek extends Ichthys LNG contract
Intertek extends quality assurance services into the operational phase of the Ichthys LNG Project.... 30 Jun 16
Harsco wins gas compression cooler order
Harsco Corp. has received an order for 12 gas compression coolers, which will support a new gas-fired compression station to be built along a 66-mile long pipeline in southeast Texas, US.... 30 Jun 16
EGAS launches tender for third FSRU
According to Reuters, Egyptian Natural Gas Holding Co. has launched a tender to rent a third floating storage and regasification unit.... 30 Jun 16
DNV GL opens training centre
DNV GL has officially opened a new training centre at its large-scale testing and research facility at Spadeadam in Cumbria, UK.... 30 Jun 16
Elengy considers new LNG truck loading facility
Elengy has confirmed that it is investigating the construction of a new LNG truck loading facility at the Montoir-de-Bretagne LNG terminal.... 30 Jun 16
Under the Radar: Tanzania’s helium find risks greater instability over land
A new helium find will spur mining in Tanzania, yet this risks increasing tensions with indigenous communities over land rights, threatening investors.... 30 Jun 16
GTT and Endel ink deal
GTT and Endel will work together for the roll-out of membrane containment systems.... 28 Jun 16
BigRoll Shipping receives new module carrier vessel for Yamal LNG
BigRoll Shipping has announced that it has received the BigRoll Bering vessel from Cosco Dalian Shipyard Co. Ltd for use in the Yamal LNG project.... 28 Jun 16
UGL faces further provisions for Ichthys LNG project
According to Reuters, the Australian contractor UGL Ltd has said that it might need to book a provision of up to AUS$200 million for losses on its work for the Ichthys LNG project.... 28 Jun 16
Adriatic LNG receives milestone cargo
Adriatic LNG recently received its 450th LNG cargo.... 28 Jun 16
MEI: LNG oversupply could last until 2024
Research from McKinsey Energy Insights suggests that LNG oversupply could last until 2024, unless low prices can stimulate a demand recovery.... 28 Jun 16
Frost & Sullivan on Brexit's effect on the energy industry
Frost & Sullivan has stated that the most immediate effect in the energy sector will be the negative impact of an increase in petrol prices, due to a weaker pound.... 28 Jun 16
Douglas-Westwood on Brexit
The immediate impact of the UK’s referendum outcome was a decrease in the value of the pound (£) to a 30 yr low of US$1.34.... 28 Jun 16
TechnipFMC merger receives positive decision from US antitrust regulators
FMC Technologies Inc. has received an early, positive decision from US antitrust regulators regarding its merger with Technip.... 28 Jun 16
SCF Group signs US$260 million loan agreement with VTB Bank
PAO Sovcomflot has signed a 13-year loan agreement with VTB Bank worth US$260 million to help finance the construction of an Arctic LNG tanker for the Yamal LNG project.... 28 Jun 16
Expanded Panama Canal officially opens
The newly expanded Panama Canal has now been officially opened.... 28 Jun 16
GlobalData: North America and Asia driving LNG industry
GlobalData’s latest report suggests that North America will drive liquefaction capacity growth in the LNG industry. ... 27 Jun 16
Swinoujscie LNG terminal granted operating permit
Gaz-System S.A. has confirmed that the Swinoujscie LNG terminal has been granted an operating permit.... 27 Jun 16
Video: Rolls-Royce discusses LNG as a marine fuel
Rolls-Royce has released a video of its LNG expert, Oscar Kallerdahl, discussing the company’s systems and the benefits of using LNG as a marine fuel.... 27 Jun 16
Rio Grande LNG responds to opposition
Rio Grande LNG and Rio Bravo Pipeline Co. have a filed a response to various motions, protests and comments regarding the application to build and operate an LNG production and export terminal.... 27 Jun 16
Sabine Pass Liquefaction Project progressing
Sabine Pass has filed its monthly construction status report to FERC for May 2016. ... 27 Jun 16
Maersk Group appoints new CEO
Søren Skou has been appointed as the new CEO of Maersk Group.... 27 Jun 16
TransCanada stockholders support Columbia Pipeline Group acquisition
TransCanada Corp. and Columbia Pipeline Group Inc. has announced that Columbia's stockholders voted to adopt the previously announced merger agreement.... 27 Jun 16
Repsol sells LNG businesses in Peru and Ecuador
According to Reuters, Repsol has reached an agreement to sell its Peruvian and Ecuadorian LNG businesses to Chile’s Abastible.... 27 Jun 16
Atkins awarded engineering support contract by Chevron
Atkins has announced that it has won a contract to provide engineering support services for Chevron’s Western Australian-based assets.... 27 Jun 16
FERC grants authorisation for Coastal Bend Header Project
The US Federal Energy Regulatory Commission has granted authorisation for the Coastal Bend Header Project, which will provide gas for Freeport LNG’s liquefaction and export terminal in Texas, US.... 27 Jun 16
LNG-powered chemical tanker passes sea trials
Winterthur Gas & Diesel has announced that Terntank Rederi AS’s first 150 000 DWT chemical tanker, featuring an LNG dual-fuel engine, has passed sea trials.... 27 Jun 16
ITOCHU Corp. and CITIC Resources sign MoU
ITOCHU Corp. has announced the signing of a MoU with CITIC Resources Holdings Ltd, for collaboration in oil and gas exploration and production. ... 23 Jun 16
ABS Group wins Elba LNG Project contract
Kinder Morgan has contracted ABS Group to develop a maintenance and integrity program for the Elba Island LNG Project.... 23 Jun 16
EWC draws down approximately US$32 million for LNG hub in the Philippines
Energy World Corp. Ltd has announced that it has achieved a drawdown of funds of approximately US$32 million under the financing document for its LNG hub terminal in Pagbilao in the Philippines.... 23 Jun 16
PGNiG not planning any LNG spot purchases in July 2016
According to Reuters, PGNiG has confirmed that it is not planning on purchasing any LNG spot cargoes in July 2016 through its new 3 billion zloty terminal in Swinoujscie, Poland.... 23 Jun 16
Novatek and Nuovo Pignone enter strategic cooperation agreement
Novatek has entered a strategic cooperation agreement with Nuovo Pignone, covering the development of Russia’s oil and gas industry and Novatek’s LNG projects.... 23 Jun 16
DOE releases US LNG export data
According to data from the US DOE’s Office of Fossil Energy, Sabine Pass exported a total of 21 508 223 million ft3 of LNG in the first four months of 2016.... 23 Jun 16
Sabine Pass withdraws application to construct LNG truck loading facilities
Cheniere Energy has withdrawn its application to construct LNG truck loading facilities at the Sabine Pass LNG terminal.... 23 Jun 16
Alaska LNG files second draft resource reports to FERC
As part of FERC’s pre-filing environmental process, the Alaska LNG project has filed second drafts of Resource Reports 1 (general project description) and 10 (alternatives).... 23 Jun 16
Tokyo Gas purchases 25% stake in Eagle Ford shale gas formation
According to Reuters, Tokyo Gas has purchased a 25% stake from VirTex Producing Co. in an Eagle Ford shale gas formation.... 23 Jun 16
Gazprom discusses small scale LNG with Fluxys and Srbijagas
Gazprom and Fluxys have discussed the prospects for cooperation in the European small scale LNG market.... 23 Jun 16
NYK to participate in LNG bunkering feasibility study
NYK is participating in a feasibility study for LNG bunkering in Yokohama, Japan.... 23 Jun 16
DSME and Maran Gas Maritime ink agreement
DSME has signed new contracts with Maran Gas Maritime and Maran Tankers Management for the construction of two ME-GI powered LNG carriers and two VLCCs. ... 23 Jun 16
2016 is the year of cheap renewables, not oil
While much attention is devoted to the fall of oil prices, 2016 has seen a significant expansion in the development of renewable energies ... 20 Jun 16
The Baghdad-Erbil-Ankara Triangle
Baghdad faces challenges from the Kurdish autonomous region, as development of western oil reserves relies on good relations with Erbil, as well as Ankara. Few can deny the tremendous developmental... 19 Jun 16
Nile Dilemma Between Development and Water Security
Over the last few weeks, the waves of dispute have been disturbing the otherwise calm waters of the Nile river. Ethiopia, one of the source countries of the river, has... 19 Jun 16
Clean Energy Damages Europe’s Competitiveness
For years Europe has been at the forefront of the renewable energy revolution, promoting and establishing global rules in this sector. There are signs however that this trend might change.... 19 Jun 16
Is PetroChina’s Lack of Performance Simply Bad Business?
PetroChina is one of the globe’s foremost producers of crude oil and China’s largest company. Following its establishment in 1999, the oil giant has experienced a number of ‘ups’, but... 19 Jun 16