zoomImage courtesy of Shell The Philippines has set up a short list of companies fit to build and operate the country’s first LNG import terminal valued at $2 billion. Speaking to Reuters the country’s energy secretary Alfonso Cusi said the winner of the contract could be nominated in November. Out of
A transshipment operation at the Gate terminal in the Rotterdam port (Image courtesy of Gate) Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal rose 190 percent in the January-September period as compared to the same period a year ago, according to the data released by the Port
zoomConstruction of TurkStream gas pipeline (Image courtesy of Gazprom) Russian giant Gazprom is progressing a number of gas pipeline projects with three major projects already over 90 percent complete. The company said in its statement that a total of 2,064 kilometers of pipes are already welded and laid for the Power of Siberia gas pipeline between
zoomImage courtesy of BP UK-based energy giant and LNG player BP reported a surge in profit during the third quarter, hitting the highest quarterly figure in over five years. Underlying replacement cost profit, the company’s version of net profit, for the third quarter of 2018 was $3.8 billion, more than
For illustration purposes only (Image courtesy of Tokyo Electric Power) Liquefied natural gas (LNG) use by Japan’s power companies declined by 2.1 percent in July when compared to the same month a year ago, the preliminary data from the Ministry of Economy, Trade and Industry shows. The power companies consumed
zoomImage courtesy of Eni Italian energy company Eni and its French peer Total have signed a deal to jointly explore for oil and gas in Algeria. The duo signed a deal with state-owned Algerian energy company Sonatrach to pursue offshore exploration in the country while working together on exploration permits.
zoomImage courtesy of Goldboro LNG Pieridae Energy said its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to $1.5 billion of loan guarantee by the German federal government. The confirmation is a step towards the completion of Pieridae’s acquisition
The proposed Rio Grande LNG export facility (Image courtesy of NextDecade) McDermott International on Monday said it plans to partner with the Italian oil and gas industry contractor Saipem to bid for NextDecade’s planned Rio Grande LNG project in Brownsville, Texas. David Dickson, president and CEO of McDermott, said, “pursuant
zoomImage courtesy of GTT / Roland Mouron French liquefied natural gas containment system specialist, GTT, posted a 7.1 percent rise in nine-month revenue as the company expects the year to be a record one. Revenue for the nine months of 2018 reached €184 million ($209.1 million), compared to €171 million
Image courtesy of BW LNG BW LNG’s first M-type, Electronically Controlled, Gas Injection (MEGI) LNG vessel has recently started a long-term charter with French energy giant Total. The 173,400-cbm BW Tulip started the charter with Total on October 10, BW LNG, a unit of the Singapore-based gas shipping giant BW Group