Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas this week, according to Kaohsiung Port Authority. The Golar Mazo tanker, with a capacity of 135,000 cbm, will reach Yung-An terminal on June 24. The Yung-An terminal is Taiwan’s first liquefied natural gas receiving ter
Today Statoil launches its annual outlook for global economics and energy markets – Energy Perspectives 2012. It foresees significant progress for energy efficiency, but global energy demand is still expected to increase by more than 40 per cent towards 2040. Fossil fuels account for the majority of
Presently, the Ministry of Transport published The 1st Supporting Project of Energy-saving and Emission Reduction in Transport and Transportation 2012, among with the LNG vehicles became the highlight of the project. For the energy-saving and emission reduction projects in Binhai of Tianjing, Baodin
Natural gas production in the U.K. has been falling for years. Average monthly U.K. natural gas production has fallen from around 350 billion cubic feet (Bcf) per month in 2000 to less than 200 Bcf per month in 2011, the U.S. Energy Information Administration said in a report. Natural gas production
Germanischer Lloyd (GL) has undertaken its first Clean Shipping Index (CSI) verification for the product tanker Bit Viking. GL issued the vessel with a Statement of Compliance confirming that the data submitted by owner Tarbit Shipping meets the requirements of the Index, an essential step for ensur
Oil Search reported that as at 06:00 PNG time on 21 June, the Trapia 1 well was at a depth of 119 metres in a 12-1/4” pilot hole and preparations were underway to deepen the 30” casing. Drilling activities are expected to resume in approximately 1 – 2 weeks. The Trapia prospect is located approximat
Paolo Tonon, MSc has been appointed Vice President, R&D of Wärtsilä Industrial Operations as of 1 June 2012. Mr Tonon will be responsible for the Research and Development of Wärtsilä products. Mr Tonon, who joined Wärtsilä in 1998, has successfully held several leading strategic, operational and tec
PETRONAS signed three main contracts with PETRONAS Carigali Sdn Bhd and Hess Exploration and Production Malaysia B.V. that will pave the way for the implementation of the North Malay Basin project, a new integrated gas development in Peninsular Malaysia. The first contract is the amended Production
BG Group announced it has successfully added a US dollar denominated hybrid bond to the long-dated sterling and euro denominated hybrid bonds issued earlier this week. The size of the new issue is US$500 million, taking the total raised across all three currencies to US$2.07 billion. The new bonds,
Tokyo Gas of Japan announced that the company has completed the acquisition of shares in T-Power N.V., a company that operates natural gas fired power station in Belgium. On September 21, 2011, Tokyo Gas announced that it has signed a definitive agreement to purchase, via its subsidiary TG Europower
Qatar Shipping SPC, a wholly owned subsidiary of Milaha, has secured a ten year US $110 million ship financing facility with QNB Group . Proceeds from the facility will be utilized by Qatar Shipping to fund the ongoing construction of 19 harbor assistance vessels. The vessels will be deployed in Mes
South Korea’s Pyeongtaek LNG terminal is due to get a cargo of liquefied natural gas from Nigeria on 4 July, according to shipping data. The 145,842 cbm LNG Oyo is sailing from Nigeria’s Bonny terminal. The Pyeongtaek LNG terminal is South Korea’s first LNG import terminal and it is operated by KOGA
Alexey Miller, Chairman of the Gazprom Management Committee visited today the Portovaya compressor station – the key operational element of the Nord Stream gas pipeline. He heard the report on completion of testing at the first string of the gas pipeline. Performed in compliance with the industrial
Statoil has farmed into Petrofrontier’s four existing Exploration Permits (EP 103, 104, 127 and 128) as well as pending exploration permits (213 and 252) in the South Georgina Basin in Australia’s Northern Territories in a Joint Venture project. This is an early entry at scale into over 13 million a
