Image courtesy of ExxonMobil ExxonMobil reported a $4.7 billion income for the first quarter of 2018, 16 percent above the $4 billion recorded in the corresponding period a year earlier. The company’s revenue also moved up 16.3 percent reaching $68.2 billion, compared to the corresponding quarter in 2017. Oil-equivalent production
zoomImage courtesy of Eni Italian energy giant Eni has reported a net profit of €946 million ($1.15 billion) in the first quarter, 2 percent below the €965 million recorded in the corresponding quarter in 2017. The drop was contributed to the divestment of a 10 percent interest in the Zohr gas field
Pacific Breeze delivering Ichthys cooldown LNG cargo (Image courtesy of the Port of Darwin) Fluor-JGC joint venture wins LNG Canada EPC job Fluor Corporation and JGC joint venture has been selected as the engineering, procurement and construction contractor for LNG Canada’s proposed export facility in Kitimat, British Columbia. Photo: Ichthys
Image courtesy of LNG Canada Fluor Corporation and JGC joint venture has been selected as the engineering, procurement and construction contractor for LNG Canada’s proposed export facility in Kitimat, British Columbia. The award is conditional on a positive final investment decision later this year, Fluor said in a statement on
zoomImage courtesy of GasLog Partners GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, saw its first-quarter profit rise 7 percent compared to the first quarter in 2017. According to the company’s report, the net profit for the quarter on IFRS basis reached $32 million, which is the partnership’s
Pacific Breeze (Image courtesy of the Port of Darwin) The Inpex-operated giant Ichthys liquefied natural gas (LNG) export project near Darwin in Australia has received a cooldown cargo. To remind, Japan’s Inpex said earlier this week it purchased a cargo of the chilled fuel in order to cool down the
Image courtesy of Gasum Gasum, the Finnish energy gas company, said Volvo’s new LNG-powered heavy-duty truck has hit the road in the country. The vehicle was refueled at Gasum’s Turku gas filling station, the company said in a statement on Friday. Gasum added that currently, LNG-fueled vehicles can be refueled at
zoomImage courtesy of JGC Japan’s JGC Corporation formed ties with China’s Offshore Oil Engineering Co. (COOEC) to jointly work on modular FLNG and FPSO projects. Under the five-year strategic cooperation agreement, the two companies aim at developing facilities from multiple functional units that are fabricated in a third country other than
Image courtesy of Exmar Belgium’s Exmar, the Nicolas Savery-led shipowner said Thursday it has relocated its Caribbean FLNG (CFLNG) to a temporary location at Cosco shipyard in China. The barge-based floating natural gas liquefaction and storage facility was previously located at the Wison Offshore & Marine’s yard in Nantong, China.