Houston-based energy company and LNG player, ConocoPhillips reported earnings of $1.6 billion in its fourth quarter of 2017, compared with a loss of $35 million in the same quarter a year before, as oil and gas prices rose. On a per-share basis, ConocoPhillips posted fourth-quarter net income of $1.
US exports of liquefied natural gas (LNG) produced from shale gas rose week-on-week, according to the weekly report by the Energy Information Administration. Five LNG vessels with a combined capacity of 18.4 billion cubic feet (Bcf) departed Cheniere’s Sabine Pass liquefaction facility in the week e
Construction of a liquefied natural gas (LNG) bunkering facility started at Sweden’s Port of Gothenburg. The facility will open up new opportunities for LNG-fuelled ships that call at the Gothenburg Energy Port. It will become fully operational during 2018, according to a statement by the Port of Go
Dominion Energy said Wednesday it begun producing liquefied natural gas at its Cove Point terminal in Maryland, the second US facility to produce LNG from shale gas. “All major equipment has been operated and is being commissioned as expected following a comprehensive round of testing and quality as
Trifleet Leasing, the Netherlands-based tank container leasing company, is entering the cryogenic tank containers business with a focus on liquefied natural gas (LNG). The company said in a statement on Wednesday that it started building up a cryogenic container fleet and offering a full range of re
Sakhalin Energy, the operator of Russia’s first liquefaction plant, has reportedly launched a tender to sell eight cargoes of the chilled fuel from the export terminal on Sakhalin Island. The cargoes will be split between two tranches spanning from May 2018 to March 2019, Reuters reported on Wednesd
Wesfarmers unit Evol LNG has won a long-term contract to supply liquefied natural gas to a gold mine in Western Australia’s Murchison region. Evol LNG entered into a deal with Gascoyne Resources’ wholly-owned subsidiary GNT Resources for the supply of LNG to the Dalgaranga Gold Project, it said in a
SEALNG, the industry coalition promoting the use of liquefied natural gas as a marine fuel, said on Tuesday it has launched a new free-to-access online tool to improve understanding of the current and rapidly evolving, LNG bunkering infrastructure landscape. The new Bunker Navigator Tool utilises me
Arctia’s LNG-fueled icebreaker Polaris on Tuesday departed the base in Finland’s capital Helsinki and is on its way to the Bothnian Bay in the Baltic Sea to start its icebreaking duty. This is the vessels’ second icebreaking season. Polaris departed Helsinki as the Finnish icebreaking season’s third
Russia’s Novatek, the operator of the recently commissioned giant Yamal LNG export project, has sold a first gas condensate cargo from the Arctic facility. “First (gas condensate) cargo of 18,000 tonnes was loaded,” Reuters cited a Novatek spokesman as saying on Monday. According to the agency, Vito
Steelhead LNG, the Vancouver-based LNG export project developer, said it had narrowed the field of bidders to complete front-end engineering and design (FEED) work on the proposed Kwispaa LNG export project in Canada’s British Columbia. The engineering, procurement and construction (EPC) contractors
Tallink Grupp’s liquefied natural gas (LNG) powered ferry Megastar has proved to be the new benchmark for the in the Baltic Sea, according to the company’s CEO Janek Stalmaister.
Dominion Energy said Monday it expects to start exporting liquefied natural gas from its Cove Point terminal in Maryland, the second US facility to produce LNG from shale gas, in early March. Dominion introduced feed gas to the 5.25 mtpa liquefaction facility in December with the first tanker arrivi
South Korean shipbuilding giant Hyundai Heavy Industries said it had won a contract worth about $500 million for a liquefaction unit to be used for Steelhead LNG’s Kwispaa LNG export project in Canada’s British Columbia. Steelhead LNG, the Vancouver-based LNG export company, is developing the Kwispa
