Image courtesy of Chart US LNG equipment maker Chart Industries on Thursday reported a third-quarter profit of $22.2 million as compared to $1.5 million in the year before. Orders of $263.8 million increased over the third quarter of 2017 by 21.3 percent, and decreased sequentially from the second quarter of 2018
zoomKochi LNG storage tanks (Image courtesy of Petronet LNG) India’s imports of liquefied natural gas (LNG) continued to rise in September, logging an increase for the seventh consecutive month. India imported 2.31 billion cubic meters of LNG or about 1.71 million tonnes last month, a rise of 3.2 percent year-on-year,
zoomImage courtesy of Commonwealth LNG Houston-based Commonwealth LNG awarded Mammoet USA South, a heavy lifting and transport technology specialist, a consulting services job for the export terminal located in Cameron Parish, Louisiana. The agreement secures Mammoet’s services in heavy lifting and transport of large process modules in support of Commonwealth’s
zoomFor illustration purposes only (Image courtesy of ExxonMobil) US energy giant ExxonMobil has reportedly signed a framework agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Provincial Energy Group. Under the deal, the Chinese company will receive 1 million tonnes of LNG per annum for 20 years, Reuters reported on
Elba Island LNG (Image courtesy of Kinder Morgan) US energy company Kinder Morgan said on Wednesday that the start-up of its Elba Island liquefied natural gas (LNG) export project near Savannah, Georgia had been pushed back, again. “Our Elba liquefaction project, we now anticipate that it will be in service
zoomImage courtesy of Nauticor Babcock Schulte Energy’s liquefied natural gas (LNG) bunkering vessel Kairos has set off on its voyage from South Korea’s Hyundai Mipo Dockyard to Europe. Nauticor, the Hamburg-based company that owns 90 percent in the joint venture that will charter the 7,500 cubic meter vessel , said it
zoomImage courtesy of Santos Australian LNG player Santos, the operator of the GLNG project, reported a 6 percent increase in production for the third quarter of 2018. Production reached 15 mmboe, compared to 14.2 mmboe reported in the second quarter of the year. Sales revenue jumped up 10 percent to
zoomImage courtesy of Woodside Australia’s Woodside Petroleum on Thursday reported a jump in sales revenue for the third quarter as prices increased. The LNG player reported sales revenue of $1.16 billion, 25.4 percent above the sales revenue reported in the corresponding period last year. Speaking of the results, Woodside CEO
zoom Estonia-based shipping company Tallink Grupp and Rauma Marine Constructions signed a letter of intent for the construction of a new LNG-powered shuttle ferry for the Tallinn-Helsinki route. The vessel is expected to cost about 250 million euros ($287m) and will be built at the Rauma shipyard in Finland, according
For illustration purposes only (Image courtesy of Tokyo Electric Power) Japanese imports of liquefied natural gas (LNG) rose 7.8 percent in September when compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance on Thursday. Japan, the world’s top LNG buyer,