zoomFor illustration purposes only (Image courtesy of Dominion Energy) Liquefied natural gas (LNG) exports from the United States declined during the week ending Wednesday, April 11, the Energy Information Administration said in its weekly natural gas report. Five LNG vessels with a combined capacity of 17.7 billion cubic feet (Bcf)
zoomImage courtesy of GTT French liquefied natural gas (LNG) containment system specialist, GTT, saw a sharp increase in orders in the first quarter of the year, with revenues rising. The company reported a 12.4 percent increase in the first quarter revenue, reaching €64.2 million compared to €57 million in the
zoomPeter Damgaard Jensen (Image courtesy of PKA) Danish pension fund PKA, that manages about $46 billion worth of assets, said it has excluded 35 oil and gas companies from its investment portfolio. PKS, which actively invests into technologies such as offshore wind power and has previously excluded 70 coal companies, said
zoomImage courtesy of Volvo Trucks Volvo Trucks said it has selected Calor’s facility at Donington Park Services for fueling of its new FM LNG truck. The company said the first FM LNG vehicle in the United Kingdom is a gas-powered truck with a powertrain based on Volvo’s conventional diesel engine
Image courtesy of ExxonMobil US energy giant ExxonMobil restarted production of liquefied natural gas at the PNG LNG facility following the earthquake that shook Papua New Guinea at the end of February, causing a shutdown. LNG production resumed ahead of schedule the operator said, adding that exports of liquefied natural
Image courtesy of Engie The European Commission has cleared the acquisition of French Engie’s portfolio of upstream liquefied natural gas (LNG) assets by compatriot Total. The deal, announced in November last year is worth around $1.49 billion. European Commission concluded that the deal, one of the largest in the industry in years, would
Image courtesy of BP The UK-based energy giant BP has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro (Petrobras). Petrobras and BP agreed to explore potential joint commercial agreements in areas of mutual interest in upstream, downstream, trading and across low carbon initiatives, inside and outside
zoomImage courtesy of Shell The Hague-based LNG giant, Shell, released its report outlining the lower-carbon energy transition strategy. The strategy is by Shell’s outlook for the energy sector and the need to adapt to substantial changes, such as rising global population and standards of living that will drive growth in
Cartagena LNG terminal (Image courtesy of Enagás) Spain’s imports of liquefied natural gas rose 1.3 percent in March on a yearly basis, according to the data provided by the LNG terminal operator, Enagás. LNG imports reached 10.6 terawatt hours (TWh) in March as compared to 10.4 TWh in the same
Image courtesy of Viking Line Finnish shipping company Viking Line dispatched its LNG-fueled cruise ferry, the Viking Grace, on her first voyage equipped with a rotor sail. Developed by Viking Line’s compatriot Norsepower, the rotor sail technology further reduces the fuel consumption and reduce emissions by up to 900 tons annually. Viking Line