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
Image courtesy of Centrica UK’s Centrica said it has collaborated with Centrais Elétricas de Sergipe (CELSE) to commission the first private liquefied natural gas (LNG) import terminal in Brazil. The Centrica-chartered vessel, the Singapore Energy, delivered 95,000 cubic meters of LNG by a ship-to-ship operation to the Golar Nanook floating
Image courtesy of Cheniere Houston-based LNG exporter Cheniere Energy reported a jump in profit for the quarter ending December 31, 2019. The company reported a net income of $939 million, which compared to $67 million for the comparable 2018 period. Net income increased primarily due to increased total margins, increased
Image courtesy of Venture Global LNG U.S. LNG export project developer Venture Global LNG has signed a deal with Électricité de France (EDF) for the supply of LNG from the Plaquemines LNG export facility in Plaquemines Parish, Louisiana. Under the sale and purchase agreement (SPA) EDF is set to receive
Yamal LNG (Image courtesy of Novatek) The Novatek-operated Yamal LNG project located in the Russian Arctic said Wednesday that it has shipped its thirtieth million ton of the chilled fuel since the start of the project. The Arc7 ice-class tanker “Nikolay Yevgenov” loaded the 411th cargo as the project reached
Image courtesy of Golar LNG LNG shipper Golar swung to a profit in the fourth quarter reporting an income of $24.8 million which compared to the $312.9 million loss in the corresponding quarter of 2018. Golar’s time charter equivalent (TCE) rate reached $77,000 per day in the fourth quarter negatively
Image courtesy of MOL South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) and Mitsui O.S.K. Lines of Japan said on Wednesday that the duo had signed a strategic cooperation deal to develop technologies and solutions for the digitalization of LNG FSRU. Through this collaboration, new “innovative solutions” will be developed
Image courtesy of Enagás Spain’s imports of liquefied natural gas (LNG) soared in January when compared to the corresponding month last year, according to the monthly data by the LNG terminal operator Enagás. LNG imports reached some 21.2 terawatt-hours (TWh) in January 2020 as compared to 9.3 TWh in January
