zoomImage courtesy of Total French energy giant and LNG player Total reported an adjusted net income of $3.17 billion in the fourth quarter of 2019. The company noted that the net income remained stable despite a lower price environment. For the year 2019, Total reported an adjusted net income of
zoomImage courtesy of Adriatic LNG Adriatic LNG, the operator of the regasification terminal located off the Italian Veneto coast, said the facility has broken a number of operational records in 2019. The operator said that the facility registered an annual utilization rate of 95.6 percent, well above the European average
Image courtesy of GasLog Monaco-based LNG shipper GasLog said its newbuild, HN2213 is set to start week-long sea trials. The vessel, to be named GasLog Windsor is being built at South Korean shipbuilder, Samsung Heavy Industries. In a brief statement through its social media channels, GasLog said the yard will
zoomImage courtesy of Naturgy Spain’s Naturgy saw its net profit for the year 2019 jump 15 percent boosted by the growth in international activities. The company reported a net income of €1.43 billion ($1.57 billion), which compares to €1.25 billion ($1.37 billion) net profit reported in 2018. In Gas &
zoomImage courtesy of MOL Japan’s shipping giant Mitsui O.S.K. Lines plans to establish an offshore gas project division to focus specifically on LNG projects. As part of the company’s restructuring plans, the offshore gas project division would focus on businesses related to the LNG field in energy value chains. These
zoomImage courtesy of NK Hamburg-based Nauticor, a Linde Group Company said that the world’s largest bunker supply vessel (BSV) for liquefied natural gas (LNG) Kairos conducted its 100th LNG bunker supply operation. This milestone was achieved during a bunkering operation for the product tanker Gaia Desgagnes at anchorage in front
Released late last month, the IEA’s World Energy Outlook special report on the role of the oil and gas industry in the energy transition comes to a clear conclusion. Although a successful transition to low carbon energy sources is possible without the involvement of the traditional energy players, the report