Qatar’s Nakilat, the world’s largest liquefied natural gas shipper, reported an 18 per cent rise in its first-quarter profit. Nakilat said Monday its net profit reached 279.5 million Qatari riyals ($76.7 million) in the January-March period. Quarterly revenue also increased by 13 per cent year-on-ye
Keppel Data Centres said on Monday it has signed deals with Australia-based Toll Group and Dutch Vopak to study the feasibility of developing a floating data park and LNG-to-power infrastructure in Singapore. Under the memorandum of understanding, Keppel Data Centres and Toll Group will explore the
UK-based energy giant BP has signed a liquefied natural gas supply deal with Chinese city gas supplier Foran Energy. Foran and BP’s Chinese unit signed the deal via a video conference on April 17. Under the agreement, BP will be supplying up to 600,000 tonnes of LNG per year to China’s Guangdong pro
SOHAR Port and Freezone became the first Middle Eastern port to join the multi-sector industry coalition SEA-LNG.
French liquefied natural gas containment specialist GTT reported a 74 per cent rise in first-quarter revenue as new orders keep pouring in. GTT, which is about 40 per cent owned by French utility Engie, said its revenue reached 102.5 million euros ($111.2 million) in the first quarter of this year.
Australian liquefied natural gas (LNG) exports will survive in the current Coronavirus-hit environment but will not thrive, energy consultancy EnergyQuest said in its report.
Australian Industrial Energy has won approval to increase capacity at its planned liquefied natural gas import terminal in Port Kembla in New South Wales. The approval to modify the facility will allow increased volumes of gas to flow through the LNG import terminal, satisfying the market need for m
Belgian shipowner Exmar has made board changes following the death of its chairman Baron Phillippe Bodson. The LNG and LPG player said on Friday that Baron Phillippe Bodson, aged 75, had sadly passed away on 4 April following his 3-week fight against Covid-19 coronavirus. As part of the management c
Exports of liquefied natural gas (LNG) from the United States slipped during the month of February.
The United States exported more liquefied natural gas cargoes in the week ending April 15 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that 17 LNG cargoes were dispatched from four US terminals between Apri
The Hague-based Shell reached a final investment decision to develop Arrow Energy’s Surat gas project in Queensland, Australia.
Canada’s Pieridae Energy said on Thursday it postponed a final investment decision to build the Goldboro LNG export plant in Nova Scotia due to the effects of the coronavirus pandemic. The liquefied natural gas export project will be delayed beyond September 30, 2020. Pieridae Energy previously expe
Mexico Pacific said Thursday it has engaged Mitsubishi UFJ Financial Group as a financial advisor as it moves towards a final investment decision on its LNG export project. Japan’s MUFG is one of the world’s largest publicly traded financial institutions and Mexico Pacific believes that this move wo
There are three potential fuel pathways toward developing zero-emission vessels and decarbonizing the future of shipping, according to ABS. The US-based classification society just released the 2020 Setting the Course to Low-Carbon Shipping — Pathways to Sustainable Shipping outlook, which maps out
