Image courtesy of Woodside Australia’s Woodside Petroleum on Wednesday reported a 28 percent jump in profit as production rose in 2018 to 91.4 mmboe. Profit after tax reached $1.36 billion, the company said in its report with Woodside’s CEO Peter Coleman adding that the rise was “driven by robust operational performance
Image courtesy of Chevron U.S. oil and gas major Chevron signed a new sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea. Chevron said on Wednesday that GS Caltex, a joint venture between Chevron and GS Energy, signed a long-term
zoomImage courtesy of Shell The Hague-based LNG giant Shell said it is in no rush with the commissioning process of its Prelude floating liquefied natural gas (FLNG) facility located offshore Western Australia. The company has already started feeding the gas into the pipes in the third quarter last year and opened
zoomImage courtesy of Gasum Finish energy company Gasum said it has supplied liquefied natural gas fuel to Arctia’s Polaris, the world’s first LNG-fueled icebreaker at its two facilities in January and February. Polaris bunkered LNG in January from the Pori LNG import terminal and in February from the Manga LNG terminal located
Image courtesy of Woodside Australian LNG player Woodside is set to complete a number of maintenance shutdowns on its LNG assets in 2019. Pluto LNG facility is set to undergo one-month maintenance during April-May, a Woodside spokesperson told LNG World News. Last week the facility halted production due to a
Toyoda Gosei switches Seto plant to LNG Japan’s Toyoda Gosei installed liquefied natural gas (LNG) heating and cooling equipment at its Seto Plant, which manufactures automobile interior and exterior products. This switch from kerosene to LNG and electricity as an energy source will cut carbon dioxide (CO2) emissions at the
Image courtesy of Gazprom Russian giant Gazprom and the German utility discussed the supply of Russian gas to Germany in a recent meeting in Moscow. The two companies noted that gas exports from Russia to Germany in February remained at similar levels to the corresponding month last year, due to
The Hague-based LNG giant Shell is looking to up exports of liquefied natural gas from Egypt’s Idku facility as production ramps up from the West Delta field. Speaking to the media, Shell’s country chairman Gasser Hanter said the Idku facility shipped a total of 12 cargoes in 2018 and hopes to
zoomImage courtesy of Excelerate Energy Texas-based Excelerate Energy said its floating storage and regasification unit (FSRU) Exquisite completed the company’s 1,500th ship-to-ship LNG transfer operation. The transfer took place at the Engro Elengy Terminal in Pakistan, the company said in a brief statement through its social media channels. Excelerate’s FSRU Exquisite
zoomImage courtesy of OLT Offshore Italy’s OLT Offshore LNG Toscana, the operator of the floating import terminal off the coast between Livorno and Pisa, said the facility is working at almost 100 percent capacity. The operator said that thanks to the new allocation mechanism, from October 2018, 38 out of