Image courtesy of GasLog Monaco-based LNG shipper GasLog has laid the keel for its latest liquefied natural gas newbuild at the Samsung Heavy Industries shipyard. The vessel, currently known as SN2300 will have the capacity to transport 174,000 cubic meters of the chilled fuel. In a brief statement through its
PitPoint opens Europe’s first shore-to-ship LNG bunker station in Cologne
zoomImage courtesy of PitPoint LNG Dutch company PitPoint said it has opened Europe’s first shore-to-ship Liquefied Natural Gas (LNG) bunker station for inland shipping at the Niehler Hafen in Cologne. The opening of this station represents a step towards facilitating clean maritime transport, PitPoint said in its statement. The new
Origin’s Q3 APLNG revenue up
zoomImage courtesy of Origin Australia’s top power and gas retailer, Origin Energy, reported a jump in Australia Pacific LNG quarterly revenue driven by higher effective Australian dollar oil prices and increased LNG volumes. APLNG revenue edged 7 percent up in the quarter ended September 30, reaching A$688 million ($474.3 million)
GasLog Partners’ profit slips in Q3
zoomImage courtesy of GasLog Partners GasLog’s New York-listed spinoff, GasLog Partners, reported a drop in profit for the quarter ended September 30. The partnership reported a profit of $29.4 million, 11 percent below the $33 million reported in the corresponding quarter in 2018. However, compared to the previous quarter, this
Sempra Energy names two new executives
Image courtesy of Sempra Energy San Diego-based energy company and LNG operator Sempra Energy has made two new executive appointments. Sempra said that John Sowers was named as the chief transformation officer for Sempra LNG, while Brian Lloyd was named as the regional vice president of external affairs with a
Shell’s third-quarter profit slips on low prices
zoom The Hague-based LNG giant Shell saw its third-quarter profit slip 15 percent on lowest realized oil, LNG and gas prices. The company reported a profit of $4.8 billion, which compares to $5.8 billion in the corresponding quarter last year. Compared to the previous quarter, however, Shell did report a
BOA Offshore scores Greate Tortue Ahmeyim LNG job
Image courtesy of BOA BOA Offshore said that it has been awarded a contract by Eiffage GC Marine for transportation and float-off of 21 concrete caissons for BP’s LNG facility at the Senegal and Mauritania border. The caissons, around 16,000 tons each, are the main elements of the breakwater for
Arctic LNG 2 stake sales boost Novatek’s earnings
zoomImage courtesy of Novatek Novatek, Russia’s largest private gas producer, reported a jump in profit for the third quarter and the nine months of 2019. The company reported a net profit of 370 billion Russian rubles ($5.79 billion) for the third quarter of 2019, jumping up from 45.9 billion Russian
Botas looking to buy 70 LNG cargoes for 2020-2023 delivery
Image courtesy of Botas Turkish oil and gas pipeline operator Botas is reportedly looking to buy 70 cargoes of LNG for delivery over 2020-2023. Citing industry sources, Reuters said on Tuesday that the tender was issued on Friday two days after the United States lifted sanctions against Turkish ministries, including