zoomImage courtesy of Shell Shell Offshore, a unit of The Hague-based LNG giant Shell, agreed to sell its 22.45 percent non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Delek CT Investment, a Delek Group unit for $965 million. The sales and purchase agreement is subject
Illustration purposes only (Image courtesy of Bechtel) U.S. natural gas-fired combined-cycle (NGCC) capacity has surpassed annual and monthly coal-fired electricity generation capacity, according to the Energy Information Administration (EIA). EIA said on Wednesday that the amount of generating capacity from natural gas-fired combined-cycle (NGCC) plants surpassed coal-fired plants in 2018
Image courtesy of JERA Global Markets JERA Global Markets has purchased a liquefied natural gas cargo from Woodside Energy Trading Singapore. The cargo will be sourced from the Wheatstone LNG project in Western Australia and will be delivered to one of JERA’s LNG terminals in Japan during May, JERAGM said
zoomImage courtesy of Gazprom The Hague-based LNG giant Shell has decided to drop out of the Gazprom-led Baltic liquefied natural gas project in the Leningrad region. At the end of March Gazprom decided to integrate the Baltic LNG project with its gas processing plants in the Ust-Luga complex. Speaking to
zoomImage courtesy of Novatek Russia’s largest independent natural gas producer and LNG operator Novatek reported an 11 percent rise in production for the first quarter of 2019. During the first three months of the year, Novatek’s production totaled 147.1 million barrels of oil equivalent (boe), including 18.66 billion cubic meters
Image courtesy of Qatar Petroleum LNG giant Qatar Petroleum has awarded a number of contracts related to Qatar’s LNG expansion project designed to enhance its capabilities by increasing LNG production capacity from 77 to 110 million tons per year by 2024. Speaking at a conference in Shanghai recently, Saad Sherida
Illustration purposes only (Image courtesy of NYK Line) Nippon Yusen Kaisha (NYK Line) said it has signed a contract with Edison, a Milan-based energy company, to charter out a newly built liquefied natural gas (LNG) carrier for up to 20 years, including optional extension periods. The vessel featuring GTT’s containment
Image courtesy of DSME South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has booked a new liquefied natural gas carrier order from the Greek shipping company Maran Gas Maritime, a unit of Angelicoussis Shipping Group. DSME signed a deal on Tuesday, saying that the vessel, currently known as
Harvey Energy; Image courtesy of Wärtsilä Harvey Gulf, the New Orleans-based LNG-fueled PSV owner and LNG bunkering pioneer, has chosen Wärtsilä’s solution for the first LNG-fueled PSV hybrid retrofit in the Americas. Wärtsilä said that the hybrid retrofit installation entails an energy storage solution from on the Harvey Energy platform
Illustration only. Image source: Pixabay under CCO Creative Commons license. The price of spot liquefied natural gas contracted in Japan continued its decline in March. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the contract-based price slipped to $6.4 per mmBtu, a 14.7 percent drop from