The U.S. Energy Information Administration’s (EIA) Natural Gas Annual shows that the United States set new records in natural gas production, consumption, and gross exports in 2019. In 2019, dry natural gas production increased by 10 per cent, reaching a record-high average of 93.1 billion cubic feet per day (Bcf/d).
French liquefied natural gas containment systems specialist GTT has been contracted to design tanks for LNG cargo ready VLEC quartet. Courtesy of GTT The very large ethane carriers are being built on behalf of a ship-owner whose name remains confidential at this stage, GTT said in a statement on Monday.
Oil major Chevron has completed its previously announced acquisition of Noble Energy following approval by Noble Energy shareholders. Chevron and Noble Energy entered into a definitive merger agreement providing for Chevron’s acquisition of Noble Energy in an all-stock transaction on 20 July 2020. The transaction was subject to, among other
Finnish ferry operator Finnlines, part of the Italian Grimaldi Group, has secured a loan of EUR 30 million (about $35 million) to finance the acquisition of its three new hybrid cargo vessels. The loan was agreed with the Nordic Investment Bank (NIB). Back in 2018, Finnlines ordered the environmentally roll-on/roll-off
Belgian inland transportation specialist, Victrol, said LNG London completed its first ship-to-ship bunkering to a cruise vessel in the port of Rotterdam. Courtesy of Victrol In a brief social media statement, Victrol said the operation was completed on October 1. It was a new milestone for LNG Shipping and LNG London,
Volvo Trucks has noted a rise in interest in suing liquefied natural gas as fuel in heavy-duty transport in Europe. Volvo added that hauliers and transport buyers are increasingly interested in reducing their CO2 emissions and costs through the use of refrigerated liquefied gas as a fuel. Using biogas makes
French giant Engie has concluded its search for the new chief executive officer, naming Catherine MacGregor to the position. Her vision on ENGIE’s transformation and development, her industrial and international track record as well as her leadership and managerial skills will fully contribute to the achievement of the strategic orientations
Noble Energy’s shareholders approved the pending merger with Chevron and all other proposals related to the merger at Noble Energy’s special meeting of shareholders held last Friday. Noble Energy’s Leviathan platform in Israel; Source: Noble Energy The meeting of shareholderswas scheduled in late August following the clearance of one of
State-owned Pakistan LNG has turned to the spot market for additional liquefied natural gas volumes. Courtesy of Pakistan LNG The company has floated a tender seeking a total of six cargoes for December delivery. According to the tender document the cargoes will be supplied to Port Qasim, Karachi on a