JGC Holdings Corp., the leading Japanese LNG and energy engineering firm, has appointed the former executive at KBR of the US, Farhan Mujib, as President of JGC Corp, the overseas engineering, procurement and construction business.
Novatek, the largest Russian natural gas company after Gazprom and operator of the Yamal liquefied natural gas export plant in northern Siberia, has issued third-quarter production and sales details showing higher domestic gas sales and much lower volumes of LNG sold.
Höegh LNG Holdings, the Norwegian shipping company acquired in a takeover by Norwegian interests and a unit of US investment bank Morgan Stanley and de-listed, said it was seeking a new Chief Executive and President after Sveinung J. S. Støhle said he was stepping down after 15 years in charge.
Free ReadCheniere Energy, the largest US liquefied natural gas exporter from plants at Sabine Pass in Louisiana and Corpus Christi in Texas, has signed a sale and purchase agreement with ENN Group, the leading non-state energy company in China with LNG and growing city-gas assets. The ENN LNG marketing unit based…
The Russian authorities said that cargo transportations along the Northern Sea Route from Russia to Asia in the January-September 2021 period have amounted to 24.22 million tons, which is 3.5 percent more than in the same period last year.
Tsakos Energy Navigation (TEN), the Greek shipping company with a small LNG fleet of three vessels, has ordered four LNG-powered Aframaz tankers from a South Korean shipyard as first-half earnings resulted in a loss.
Lebanon, the former ‘Switzerland of the Middle East’ and potential LNG importer, has Egypt standing by to help with supplies of pipeline natural gas as the nation ran out of hyrdocarbon fuel and cut power countrywide for a whole weekend with the situation expected to worsen.
Free ReadGlobal Energy Storage (GES) of Singapore, a developer and operator of energy storage terminals, has announced a strategic partnership with a liquefied natural gas unit of Swedish shipping group Stena AB to identify and advance LNG logistics and storage solutions. GES and Stena Power and LNG Solutions hope to combine…
European natural gas prices fell back from record highs of the past week while North Asian spot cargo values moved higher as spot shipping charter rates soared, while crude oil increased every day this week to boost long-term LNG contract prices.
New Fortress Energy, the New York-based firm with LNG-to-power projects in South America and the Caribbean and its first venture pending in the Asian island nation of Sri Lanka, has provided an update on its natural gas supply and earnings goals during the current period of price spikes.