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LNG

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Shell inks charter deals for six LNG newbuilds
LNG

Shell inks charter deals for six LNG newbuilds

The Hague-based LNG giant Shell has expanded its fleet with charter deals for six newbuild liquefied natural gas (LNG) carriers.

about 6 years ago
OLT Offshore’s FSRU Toscana receives milestone cargo
LNG

OLT Offshore’s FSRU Toscana receives milestone cargo

OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, reached a milestone at the end of last month.

about 6 years ago
Trio joins forces on LNT A-Box-based LNG carrier
LNG

Trio joins forces on LNT A-Box-based LNG carrier

Liquefied natural gas technology provider LNT Marine will see its LNT A-Box containment system deployed in a new LNG carrier design.

about 6 years ago
EU backs Spanish LNG bunkering projects
LNG

EU backs Spanish LNG bunkering projects

Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7 million) from the European Commission.

about 6 years ago
U.S. weekly LNG exports flat
LNG

U.S. weekly LNG exports flat

Liquefied natural gas exports from the United States remained flat over the previous week.

about 6 years ago
Origin's LNG revenue dips despite APLNG record production
LNG

Origin’s LNG revenue dips despite APLNG record production

Australia’s power and gas retailer Origin Energy reported a slip in revenue as Australia Pacific LNG boasted record production in FY2020.

about 6 years ago
Hill International picked as Cyprus LNG owner's engineer
LNG

Hill International picked as Cyprus LNG owner’s engineer

Hill International has been selected as the owner’s engineer for the Cyprus LNG import terminal project.

about 6 years ago
Freeport LNG seeking permit to delay Train 4 development
LNG

Freeport LNG seeking permit to delay Train 4 development

The Freeport LNG export project in Texas led by billionaire Michael Smith, has asked for additional time to develop the project’s fourth train.

about 6 years ago
Sound Energy garners cash to pursue Moroccan LNG project
LNG

Sound Energy garners cash to pursue Moroccan LNG project

The UK-based Sound Energy has issued 129.4 million shares aiming to raise £2.75 million ($3.56 million) as it pushes forward with its Moroccan LNG project.

about 6 years ago
Impairments deepen Total's Q2 loss
LNG

Total logs profit despite COVID-19 effects

Total reported a 96 per cent drop in adjusted profit for the second quarter of 2020 due to lower prices and COVID-19 effects.

about 6 years ago
Shell's Murex LNG carrier
LNG

Shell’s second-quarter LNG sales drop

The Hague-based LNG giant Shell logged a 7 percent decline in its liquefied natural gas sales during the second quarter of this year as it reported a huge quarterly loss. Shell announced on Thursday a loss of $18.1 billion for the second quarter due to the effects related to the Covid-19 pandemic. T

about 6 years ago
US extends LNG export term to 2050
LNG

US extends LNG export term to 2050

The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the year 2050. This policy is a change from the current practice of granting 20-year LNG export terms. President Donald J. Trump announced the new

about 6 years ago
GTT sees revenue rise as orders keep coming in
LNG

GTT sees revenue rise as it continues to book new orders

French LNG containment specialist GTT posted a 66.2 percent rise in revenue in the first half as it booked eighteen new orders. The company said its revenue reached 203.8 million euros ($240 million) in the January-June period. Revenue benefited from the flow of orders over the last two years, it sa

about 6 years ago
Novatek logs 40 percent plunge in quarterly profit
LNG

Novatek logs 40 percent plunge in quarterly profit

Russian independent LNG producer Novatek reported a 40 percent decline in its second-quarter profit due to the effects related to the Covid-19 pandemic. Net profit reached 41.6 billion roubles ($572.8 million) in the April-June period, compared to 69.1 billion roubles last year. Revenues also droppe

about 6 years ago
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