British energy company BG Group, soon to be taken over by Shell in a $70 billion deal, has seen its profit rise in the second quarter of 2015. Namely, BG Group reported that its total earnings for the second quarter of 2015 were $2 225 million compared to $1 367 million in the second quarter [&helli
Belgium’s Exmar informed its LNG fleet recorded an operational result of USD 16 million during the first six months of the year, as compared to USD 18.5 million a year ago. All LNG’s and LNGRV’s in which the company has an ownership stake are in service and have contributed during this first half un
Belgium’s Exmar informed its LNG fleet recorded an operational result of USD 16 million during the first six months of the year, as compared to USD 18.5 million a year ago. All LNG’s and LNGRV’s in which the company has an ownership stake are in service and have contributed during this first half un
The Government of Canada revealed plans to invest $22.7 million over five years on a cash basis to improve the safety of marine transportation in the Arctic. As part of these investments, Fisheries and Oceans Canada’s Canadian Hydrographic Service will acquire and install four multibeam sonar system
The Government of Canada revealed plans to invest $22.7 million over five years on a cash basis to improve the safety of marine transportation in the Arctic. As part of these investments, Fisheries and Oceans Canada’s Canadian Hydrographic Service will acquire and install four multibeam sonar system
U.S. Senate Committee on Energy and Natural Resources approved Thursday the Energy Policy Modernization Act of 2015, and Offshore Production and National Security Act (OPENS), which would ensure Alaska and other coastal states receive a fair share of the revenue from oil and gas activity off their s
Within the Highway Trust Fund legislation passed by both Houses of the U.S. Congress this week and expected to be signed by President Obama, is a provision to equalize the federal tax on liquefied natural gas (LNG) to an energy-equivalent basis with diesel and gasoline. The result will lower the tax
Within the Highway Trust Fund legislation passed by both Houses of the U.S. Congress this week and expected to be signed by President Obama, is a provision to equalize the federal tax on liquefied natural gas (LNG) to an energy-equivalent basis with diesel and gasoline. The result will lower the tax
Houston-based LNG player Cheniere reported a net loss of $118.5 million for the three months ended June 30, compared to a net loss of $201.9 million for the comparable 2014 period. For the six months ended June 30, Cheniere posted a net loss of $386.2 million, compared to a net loss of $299.7 millio
Houston-based LNG player Cheniere reported a net loss of $118.5 million for the three months ended June 30, compared to a net loss of $201.9 million for the comparable 2014 period. For the six months ended June 30, Cheniere posted a net loss of $386.2 million, compared to a net loss of $299.7 millio
Earlier this week Grimsby Renewables Partnership was officially launched with an aim to connect offshore wind farm operators with local businesses. This will help the local economy while reducing the cost of green energy, writes Grimsby Telegraph. More than 200 people gathered at Grimsby Town Hall t
Petronet LNG of India said on Thursday it has appointed Prabhat Singh as the new MD & CEO of the company for a period of 5 years. Singh is currently the Director (Marketing) of GAIL. He succeeds AK Balyan, who recently completed his 5-year term at Petronet and joined the Anil Ambani group. India’s l
Petronet LNG of India said on Thursday it has appointed Prabhat Singh as the new MD & CEO of the company for a period of 5 years. Singh is currently the Director (Marketing) of GAIL. He succeeds AK Balyan, who recently completed his 5-year term at Petronet and joined the Anil Ambani group. India’s l
America’s first Bachelor of Science in Maritime Technology, offered by Northwestern Michigan College, is to get a special Falcon ROV, Saab Seaeye informed. In what the college says is a pioneering new capability the Falcon will be fitted with an advanced sonar system that will help graduates study R
