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Enagás posts lower profit in 2019
News

Enagás posts lower profit in 2019

Spanish LNG terminal operator, Enagás reported a net profit of €422.6 million ($456.6 million) in 2019, just the target set for the year, and 4.5 percent below the €442.6 million reported in 2018.

about 6 years ago
Norwegian oil output in January falls below forecast
News

Norwegian oil output in January falls below forecast

Norwegian oil production during January 2020 dropped around 6.6 percent below predictions made by the Norwegian Petroleum Directorate (NPD), according to the directorate’s report on Wednesday.

about 6 years ago
Marshall Islands
News

Marshall Islands’ EU White List Status Confirmed by ECOFIN

ECOFIN has moved the Republic of the Marshall Islands (RMI) to the EU white list.

about 6 years ago
Golar Power, BR Distribuidora partner up on LNG distribution in Brazil
News

Golar Power, BR Distribuidora partner up on LNG distribution in Brazil

Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, has formed a partnership with Petrobras Distribuidora for the development of LNG distribution businesses in Brazil.

about 6 years ago
TGS wraps up one 3D survey offshore Senegal, starts another
News

TGS wraps up one 3D survey offshore Senegal, starts another

Norwegian seismic player TGS has completed the acquisition of its latest 3D survey offshore Senegal, SN-UDO-19.

about 6 years ago
Shell halts cargo loadings at Prelude FLNG
News

Shell halts cargo loadings at Prelude FLNG

The Hague-based LNG giant Shell has reportedly suspended cargo loadings from its Prelude FLNG facility located 475 km North-East of Broome in Western Australia.

about 6 years ago
Titan, Repsol bunker DEME’s LNG-fueled dredger at port of Huelva
News

Titan, Repsol bunker DEME’s LNG-fueled dredger at port of Huelva

The Dutch service supplier of liquefied natural gas, Titan LNG, partnered with the Spanish energy giant Repsol to deliver liquefied natural gas to DEME’s LNG-fueled trailing suction hopper dredger (TSHD) Scheldt River at the port of Huelva.

about 6 years ago
ACCC: east coast natural gas prices too high
News

ACCC: east coast natural gas prices too high

Australian Competition and Consumer Commission (ACCC) noted that the 2020 supply-demand outlook in the east coast gas market has improved and LNG netback prices have decreased.

about 6 years ago
Rotterdam
News

Slowing World Trade Impacts Port of Rotterdam Volumes

The Port of Rotterdam’s freight throughput remained flat in 2019, as growth in international trade lost momentum.

about 6 years ago
EIB to fund port of Ystad expansion for LNG vessels
News

EIB to fund port of Ystad expansion for LNG vessels

European Investment Bank (EIB) signed 445 million Swedish Krona ($45.7 million) loan with Ystad to expand harbour facilities to accommodate LNG vessels on the Swinoujscie-Ystad line can access the harbour.

about 6 years ago
Solstad terminates charters for three laid up anchor handlers
News

Solstad terminates charters for three laid up anchor handlers

Norwegian offshore vessel operator Solstad Offshore has terminated bareboat charter agreements for three anchor handlers owned by SFL Corporation. The vessels have been in lay-up since 2016. Solstad Offshore said on Tuesday that the company and SFL Corporation had agreed to terminate the bareboat ch

about 6 years ago
Nakilat reports higher profit in 2019
News

Nakilat reports higher profit in 2019

Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, reported a 12.4 percent rise in profit for the year 2019.

about 6 years ago
Panama Canal
News

ICS: Ships Transiting Panama Canal May Face Over 30 Pct Price Hikes

Ships transiting the Panama Canal could face price hikes of over 30% by April 1, 2020, due to new charges.

about 6 years ago
NFE to build LNG-fueled power plant in Nicaragua
News

NFE to build LNG-fueled power plant in Nicaragua

New York City-based New Fortress Energy has signed a 25-year power purchase agreement with Distribuidora de Electricidad del Norte and Distribuidora de Electricidad del Sur, Nicaragua’s electricity distribution companies.

about 6 years ago
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