zoomImage courtesy of TechnipFMC LNG engineer TechnipFMC saw its 2019 profit drop further into the red reporting a net loss of $2.4 billion, impacted by a $2.7 billion after-tax charge and credits. The company’s revenue jumped 6.8 percent from $12.5 billion in 2018 to $13.4 billion in 2019, TechnipFMC said
Image courtesy of Gazprom Russian giant Gazprom has lined up a fleet of LNG-fueled trucks for the transport of liquid helium from the Amur gas processing plant (GPP). Gazprom intends to export liquid helium via the logistics center in the Primorye Territory, the company said in its statement. During a
zoomImage courtesy of Höegh LNG Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG reported improved figures for the last quarter of 2019. The company said in its quarterly report that the net profit edged up from $3.2 million in the third quarter of 2019 to $4 million in
zoomImage courtesy of New Fortress Energy New Fortress Energy continues to advance construction of a liquefied natural gas (LNG) receiving and regasification terminal in the port of Pichilingue, Baja California Sur, Mexico. Over the past months, marine work has been underway at the site of the terminal. With all the
zoomImage courtesy of Clean Energy Fuels Clean Energy Fuels, the California-based liquefied natural gas (LNG) supplier for North American transport industry named Philippe Charleux, senior vice president of Total Marketing Services to its board. Charleux will replace Total executive Momar Nguer, president of TMS, who is stepping down, and join
Image courtesy of Polskie LNG Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Wednesday. Polish LNG terminal operator, Polskie LNG, said via social media that the delivery came to the facility onboard the LNG carrier Maran Gas
zoomIllustration purposes only (Image courtesy of Stabilis Energy) U.S. LNG producer and provider Stabilis Energy has made further progress in its push to expand its presence in the Mexican LNG market. The company said on Wednesday it has filed a permit application to build and operate a small-scale LNG production
Image courtesy of Woodside Australian major Woodside and its compatriot BHP have agreed to align their participating interests across the Scarborough (WA-1-R) and North Scarborough (WA-62-R) titles. The alignment agreement results in Woodside holding a 73.5 percent interest and BHP holding a 26.5 percent interest in each title. Woodside and BHP
Image courtesy of Petronas Malaysian energy giant Petronas reported lower earnings for the year 2019 impacted by lower revenues and impairments on assets. Profit after tax (PAT) for the financial year stood at 40.5 billion Malaysian ringgit ($9.6 billion), 27 percent lower than the 55.3 billion Malaysian ringgit posted in