For illustration purposes only; Image courtesy of HHI South Korea grabbed the top spot in the global shipbuilding market in October, as liquefied natural gas (LNG) carrier market dominance continues. According to London-based Clarkson Research Services, South Korean shipyards, led by Hyundai Heavy Industries, won orders totaling 1.29 million compensated
zoomImage courtesy of Clean Energy Fuels Clean Energy Fuels, one of the largest providers of natural gas fuel for transportation in North America tightened its third-quarter loss. The company reported a net loss of $4.3 million during the third quarter which compares to $10.7 million in the corresponding quarter in
zoomImage courtesy of ADNOC ADNOC LNG, an Abu Dhabi National Oil Company (ADNOC) operating company, has concluded LNG supply agreements with BP and Total. Under the agreement, BP and Total have effectively booked out the majority of ADNOC’s LNG production through the first quarter of 2022. With the transactions, ADNOC
zoomImage courtesy of Gasum The Nordic energy company Gasum said that its gas filling station network continues to expand as it opened the fifth station in Sweden. The new station opened in Karlstad, offering liquefied natural gas (LNG) and liquefied biogas (LBG) for heavy-duty vehicles (HDVs). The new station responds
Image courtesy of Siem Offshore Norway’s Siem Offshore has scored a contract for one of its dual-fuel platform supply vessels (PSV) for Wintershall Dea. In its brief statement, Siem Offshore, said it will deploy Siem Symphony to operate under the charter contract with Wintershall Dea in Norway. The vessel will
zoomImage courtesy of Siemens German engineering giant Siemens has snapped up a deal to provide the equipment to upgrade Hiep Phuoc Power’s Hiep Phuoc 1 steam power plant in Ho Chi Minh City, Vietnam, to an LNG-fueled combined cycle power plant. This project will increase the plant’s electrical capacity by
Image courtesy of PGN Indonesian gas utility company PT Perusahaan Gas Negara (PGN), a unit of state-owned Pertamina, has signed a deal to supply LNG to China’s Sinopec in 2020. The company said in its statement that it will provide the volumes from Pertamina’s portfolio without disclosing any specific information
Illustration only. Image source: Pixabay under CCO Creative Commons license. Spot liquefied natural gas prices imported and contracted in Japan during the month of October plunged year-on-year according to the authority data. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the October contract-based price was at
zoomImage courtesy of Saipem Italian oil and gas industry contractor Saipem has signed a strategic agreement with and Daewoo E&C for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector. Saipem said on Monday that the two companies would enhance
zoomImage courtesy of Harland & Wolff InfraStrata, the UK company focused on infrastructure projects, has garnered £6 million ($7.7 million) through the sale of close to 2 billion shares through an accelerated bookbuild. The proceeds will be used to finance the acquisition of the principal assets of Harland & Wolff,
