Image courtesy of Enagás Spanish LNG terminal operator, Enagás reported a net profit of €333.1 million ($368.3 million) for the first nine months of 2019. This is a 2.3 percent bump compared to the profit recorded in the corresponding period last year, the company said in its report. This growth
Image courtesy of ACWA Power Saudi Arabia’s ACWA Power has signed a memorandum of understanding with the Bangladesh Power Development Board (BPDB) for an LNG-based power plant and terminal in Bangladesh. ACWA Power said on Tuesday that it would target the development of 3,600 MW gas-fired independent power plants representing
Image courtesy of Tractebel Tractebel has been selected as the owner’s engineer for the first phase of the expansion of the LNG terminal in Santo Domingo, Dominican Republic. Following the collaboration between AES and Tractebel on the Costa Norte LNG terminal in 2015-2017 (Panama), AES has again selected Tractebel., the
Image courtesy of Santos Australian LNG player Santos has named Janine McArdle to its board as a non-executive director with effect from October 23, 2019. The company said in its statement that with over 30 years of experience in the energy industry in the energy industry across global new business
Image courtesy of Nakilat The UK’s South Hook liquefied natural gas (LNG) terminal is set to receive a cargo of the chilled fuel from Qatar over the following weekend. According to the shipping data from the Milford Haven Port Authority 266,000-cbm Q-Max LNG carrier, Umm Slal is scheduled to deliver
Image courtesy of Gasum Transport and logistics company NCS Finland, and its subcontractor Pinecape, has brought into use an LNG-fueled Volvo tractor truck unit. Gasum said on Wednesday that Pinecape started using a Volvo FH LNG tractor unit for transport in July. The use of LNG can reduce greenhouse gas emissions
Vladimir Voronin; Image courtesy of Teekay Russia’s largest private natural gas producer Novatek received notice from TC LNG Shipping that is has been taken off the US blacklist. In its statement, Novatek said that Yamal LNG received a notification from TC LNG Shipping, a joint-venture between Teekay LNG and China
zoomImage courtesy of Oil Search The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a drop in revenue in the third quarter of 2019. In its quarterly report, Oil Search said its revenue reached $361.1 million, 24 percent below the corresponding quarter in 2018
Image courtesy of Commonwealth LNG The U.S. Federal Energy Regulatory Commission (FERC) has issued a notice of schedule for environmental review to Commonwealth LNG. The Commonwealth LNG project encompasses the construction of one liquefied natural gas plant, including six gas liquefaction trains and appurtenant facilities. Each train will have a
Münsterland; Image courtesy of Wärtsilä; Photographer: Peter Andryszak Finnish technology group Wärtsilä will carry out a retrofitting project aimed at lessening the environmental footprint of a ferry operating in the Wadden Sea. The Wadden Sea is a UNESCO World Heritage-listed area in the southeastern end of the North Sea. The