Free ReadEuropean classification society DNV said there were a total of eight new vessels with alternative fuel propulsion ordered in November with four of them LNG-powered ships as the sector showed continued growth, helped by lower LNG bunker prices at under $890 a tonne in markets like Rotterdam to improve the…
Southern Cone gas and power players comprising the nations of Argentina, Brazil, Bolivia and Chile have plans to invest around $46 billion in natural gas production and $94Bln in new power supply through 2033.
QatarEnergy has completed the integration of all marketing and market-related activities formerly managed by QatarEnergy LNG into the parent company QatarEnergy as the Gulf nation progresses with expanded production ventures.
The Government of Cyprus said it was in alignment with US major Chevron Corp. on the imminent development of the Aphrodite natural gas field in the Eastern Mediterranean, the new regional natural gas and LNG hub despite security concerns over the ongoing conflict.
Free ReadJERA Co. Inc, Japan’s biggest liquefied natural gas importer and utility company, said it expected the LNG demand-supply imbalance to be less serious this winter season than last because the forecast milder weather, the high storage held in Europe and the delayed resurgence of the economy in China. JERA, which…
European and Asian liquefied natural gas prices dropped again after last week’s brief rebound as storage level optimism prevailed despite lower temperatures and with fewer LNG cargoes pointing at the European Union.
Williams Companies, a leading US natural gas pipelines operator with projects aimed at boosting feed-gas supplies for Gulf Coast LNG export plants, successfully closed two strategic transactions that now position the company as the third-largest gatherer in the Denver-Julesburg Basin.
Gaztransport and Technigaz (GTT), the French LNG storage technology company, has signed a deal with another Chinese shipyard that will allow the use of designs for tanks in floating storage and regasification units (FSRUs) as well as floating production vessels and conventional LNG carriers for the largest Chinese shipping group.
Free ReadRosneft, the Russian oil and gas company and the largest refiner and former partner of international majors such as ExxonMobil and BP, reported a fall in profits but is still managing the Western sanctions storm better than pipeline natural gas company Gazprom and LNG project developer Novatek. Rosneft said that…
South Korean shipbuilders are still leading their Chinese counterparts in orders for liquefied natural gas carriers, though China’s yards are well ahead in overall orders for newbuilds even as the shipbuilding market was weaker than in 2022.