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Higher oil prices boost Chevron’s earnings

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, saw its second-quarter earnings more than double.  The company reported earnings of $3.4 billion for the quarter under review, compared to the $1.5 billion in the second quarter last year. Chevron’s chairman and

Eni’s profit soars as oil prices recover

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Eni Italian energy giant Eni has reported a net profit of 1.25 billion euro ($1.45 billion) in the second quarter and 2.2 billion euro ($2.5 billion) for the first half of the year, rocketing up compared to the corresponding periods last year. This performance was driven by a robust

Eagle LNG marks official start of Maxville facility

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Eagle LNG Eagle LNG Partners officially opened its Maxville LNG facility that has been operating since early 2018, supplying its Marine Fuel Depot – Talleyrand located on the Port of Jacksonville’s (Jaxport) Talleyrand marine terminal. The plant has a production capacity of 200,000 liquefied natural gas (LNG) gallons-per-day

Engie’s profit drops on discontinued LNG business

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Engie French energy company and LNG player Engie posted a drop in net profit for the first half of 2018, as its upstream and midstream LNG business was classified as ‘discontinued operations.’ Net profit amounted to 0.9 billion euros ($1.05 billion), down from 1.2 billion euros in the corresponding

BC Ferries searching shipyards for five newbuilds, including LNG-fueled ferry

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomLNG-fueled Salish Eagle (Illustration purposes only – Image courtesy of BC Ferries) Canada’s British Columbia Ferry Services (BC Ferries)is looking for interested shipyards to build its five new vessels to replace its aging fleet assets.  The company issued Requests for Expressions of Interest (RFEOI) on Thursday, open to local, national and international

GTT’s revenue up on strong LNG market

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of GTT / Roland Mouron French liquefied natural gas containment system specialist, GTT, on the back of LNG market growth, reported an 11.9 percent rise in revenue for the first six months of the year 2018.  Revenues totaled 127.2 million euros ($148.2 million) during the first half of

Adani inks Dhamra LNG regasification deal with GAIL

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Adani Ports & SEZ) Adani Ports and Special Economic Zone (APSEZ), part of the Adani Group, signed a long-term deal to provide LNG regasification services at its Dhamra LNG terminal to the state-run gas utility GAIL. Liquefied natural gas regasification services will be provided on a use or

Wison bags job on Western FLNG project in Canada

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Wison Wison Offshore & Marine and Western LNG signed a technical service agreement (TSA) for the new floating liquefied natural gas (LNG) project that Western is developing in British Columbia, Canada. Pursuant to the TSA, Wison will develop the basis of design (BOD) and carry out front-end

BP to buy BHP Billiton’s US onshore oil and gas assets

27 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of BP UK-based major BP has agreed to purchase BHP Billiton’s interest in the Eagle Ford, Haynesville, Permian and Fayetteville onshore US oil and gas assets for $10.8 billion. Under the terms of the agreement, BP America Production Company will acquire from BHP Billiton Petroleum (North America) 100 percent of

EU intends to buy more US LNG

26 Jul No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of European Commission The European Commission’s president Jean-Claude Juncker held talks with the United States president Donald Trump during a visit to the White House.  The two leaders agreed to strengthen the strategic cooperation with respect to energy, a joint statement reads. “The European Union wants to import more

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