The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search saw its revenue slip in the first quarter of 2020. Image courtesy of Oil Search Revenue for the first quarter reached $359.4 million, 20 per cent below the $446.7 million reported in the corresponding quarter of
Crowley Fuels LLC, wholesale fuel transportation and sales division of US-based Crowley Maritime, took delivery of its new Alaska Class 100,000-barrel, articulated tug-barge (ATB) from Bollinger Shipyards. The vessel will be used to transport multiple clean petroleum products for the Alaska market and it will be operated by Crowley for
Poland is continuing to increase imports of liquefied natural gas via its only import facility in Swinoujscie as it is looking to reduce reliance on pipeline gas imports from Russia. Image courtesy of PGNiG Poland’s dominant gas firm PGNiG said in a preliminary operating report on Tuesday that it imported
Spanish LNG terminal operator Enagas reported a 14.7 per cent rise in first-quarter profit as it saw no impact from the Covid-19 coronavirus pandemic. The company said net profit in the first quarter increased to 119 million euros ($128.8 million), up from 104 million euros in the same period a
China’s Avic Dingheng shipyard has started building the seventh liquefied natural gas-powered vessel ordered by Sweden’s Gothia Tanker Alliance. Image courtesy of Gothia Tanker Alliance The Chinese yard held a keel ceremony for the dual-fuelled product and chemical tanker on April 18, according to Swedish shipowner Furetank. Furetank is a
Japanese imports of liquefied natural gas continued to decline this year and they dropped for the third consecutive month in March. Japan, the world’s largest importer of LNG, received 7.2 million tonnes of the fuel last month, down 1.2 per cent from a year earlier. March LNG imports cost Japan
Spain’s imports of liquefied natural gas (LNG) jumped in March 2020. Image courtesy of Enagás The country’s LNG terminal operator Enagás noted in its monthly report that LNG imports stood at 23.2 terawatt-hours (TWh) in March 2020. This compares to 16.3 TWh in March 2019. For the year so far,
Qatar’s Nakilat, the world’s largest liquefied natural gas shipper, reported an 18 per cent rise in its first-quarter profit. Image courtesy of Nakilat Nakilat said Monday its net profit reached 279.5 million Qatari riyals ($76.7 million) in the January-March period. Quarterly revenue also increased by 13 per cent year-on-year to
Keppel Data Centres said on Monday it has signed deals with Australia-based Toll Group and Dutch Vopak to study the feasibility of developing a floating data park and LNG-to-power infrastructure in Singapore. Under the memorandum of understanding, Keppel Data Centres and Toll Group will explore the development of a near-shore
