zoomImage courtesy of Eesti Gaas Estonian energy company Eesti Gaas completed the 1,500th liquefied natural gas bunkering operation at the Tallinn old city harbor. Eesti Gaas is the LNG supplier for the Tallink Grupp’s fast ferry the Megastar. The company noted that in the two years of operation it has delivered
QP, ExxonMobil to advance Golden Pass LNG export project
Image courtesy of Golden Pass LNG LNG giant Qatar Petroleum and US energy juggernaut ExxonMobil are reportedly pushing forward its plans for the development of the Golden Pass LNG export project in Sabine Pass, Texas. The two companies aim to expand the existing LNG import project in which ConocoPhillips also
GTT scores LNG tanks design order
Image courtesy of GTT/Roland Mouron French LNG containment systems specialist GTT has received an order to design tanks for two new liquefied natural gas carriers under construction at an Asian shipyard. The company noted the vessels will feature the NO96 GW has been selected for the design of the tanks. The shipyard,
Finland’s LNG-fueled icebreaker bunkers in Tornio
Image courtesy of Arctia Arctia’s LNG-fueled icebreaker Polaris completed the first LNG bunkering operation at the Tornio LNG facility. The vessel bunkered LNG directly from the facility located in a port that is surrounded by ice at least four months a year, Arctia said in its brief statement on social
ExxonMobil 2018 earnings pick up
Image courtesy of ExxonMobil US energy giant ExxonMobil reported 2018 earnings of $20.8 billion compared with $19.7 billion a year earlier. Fourth quarter 2018 earnings were $6 billion compared with $8.4 billion in the prior-year quarter. The company’s revenue jumped from $244.3 billion in 2017 to $290.2 billion, ExxonMobil said in a statement. Oil-equivalent production
Gazprom’s natural gas exports to Europe rise
zoomImage courtesy of Gazprom Russian giant Gazprom saw its natural gas export to Europe rise 1.6 percent in January, compared to the corresponding month last year. According to the company’s preliminary data, Gazprom’s gas deliveries to Europe amounted to an estimated 17.6 billion cubic meters during the month. The company
Top news of the week Jan. 28-Feb. 2
Image courtesy of Containerships Qatar eyeing orders for 60 new LNG tankers South Korean shipyard are bracing for a jump in liquefied natural gas (LNG) shipbuilding contracts from Qatar. WoodMac: FLNG industry growth facing headwind Floating liquefied natural gas industry is expected to continue its growth in the future, however,
Chevron posts rising profit
zoomImage courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, Reported a rise in the fourth quarter and full-year 2018 profit. For the fourth quarter, Chevron’s profit reached $3.7 billion, up from $3.1 billion in the corresponding quarter of 2017. For the twelve
Anadarko firms up Mozambique LNG sale deal with CNOOC
US LNG exports rise on week despite lower feedstock delivery
zoomImage courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States increased week on week despite a drop in natural gas feedstock deliveries. According to the weekly report by the Energy Information Administration, seven LNG vessels with a combined LNG-carrying capacity of 25.5 BIllion cubic feet departed the United