Image courtesy of Novatek Russia’s largest independent natural gas producer Novatek elected the board of the company during its extraordinary general meeting of shareholders. Following the approval of elections, members of the Novatek board are, Andrei I. Akimov, chairman of Gazprombank, Arnaud Le Foll, general director of Total E&P Russie,
Thailand’s PTT to set up LNG trading office
Image courtesy PTT LNG Thai state-run oil and gas company PTT is reportedly setting up a liquefied natural gas (LNG) trading desk in Singapore. Citing sources familiar with the matter, Reuters reports the company is looking to hire one LNG trader and additional operational staff. The company has already hired Daisuke
Shell names new Upstream director
Uniper, Titan join forces on advancing use of LNG as fuel
zoomImage courtesy of Uniper German utility Uniper and the Dutch Titan LNG signed a memorandum of understanding to accelerate the growth of LNG as a fuel in the downstream markets for industry, road fuel and shipping fuel in Germany. The parties are planning to develop a technical interface and commercial products
Coral Methane bunkers LNG to AIDAnova in Tenerife
zoomImage courtesy of Anthony Veder Anthony Veder said its Coral Methane carried out its first liquefied natural gas (LNG) bunkering operation on the world’s first LNG-powered cruise ship at Santa Cruz de Tenerife in the Canary Islands. Coral Methane fueled AIDAnova, the newest ship from AIDA Cruises, the cruise industry’s
Galileo fuels LNG truck fleet at Anchoris power plant
zoomImage courtesy of Galileo Technologies Argentina’s Galileo Technologies said it has fueled six liquefied natural gas (LNG)-fueled Scania trucks at the Anchoris thermoelectric power plant in Mendoza province. Owned by the Andreu carrier company from Mendoza, the new fleet will carry the virtual gas pipeline, the system used by Galileo Technologies
Higher production and prices boost Woodside’s Q4 revenue
zoomImage courtesy of Woodside Australian LNG player Woodside reported a jump in sales revenue for the fourth quarter of 2018, on the back of higher prices. Woodside’s revenue climbed 43 percent to $1.42 billion during the quarter under review, when compared to the corresponding quarter in 2017. Woodside reported higher
Gasum sells maintenance unit to Viafin Services
zoomImage courtesy of Gasum Finish energy company Gasum has decided to sell its unit Gasum Tekniika to the industrial maintenance partner Viafin Service. This arrangement is part of Gasum’s strategy of focusing on the development of the gas market and energy infrastructure in the Nordic countries, Gasum said in a statement. The
Novatek’s production rises in 2018
zoomImage courtesy of Novatek Russia’s largest independent natural gas producer Novatek reported a 6.9 percent increase in production for the year 2018. Novatek’s hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe), including 68.81 billion cubic meters (bcm) of natural gas and 11,800 thousand tons of liquids (gas condensate and
Croatia to push on with LNG project despite low interest
Image courtesy of LNG Croatia Croatian LNG project planned for the island of Krk will proceed regardless of the lack of interest from natural gas buyers. The country’s energy minister, Tomislav Ćorić said the project is among the most important ones for the government noting that it has received the financial