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Thursday, 11 October 2018
Flex LNG, the growing LNG shipping company listed on the Oslo bourse with shareholders including trusts connected to Norwegian shipping magnate John Fredriksen, is set to acquire five newbuilds at a cost of under $1 billion, partly financed with a private share placement.
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Thursday, 11 October 2018
The International Maritime Organization committee overseeing the sulfur cap for shipping from 2020 that is encouraging the change-over to LNG and alternative ship fuels with lower emissions is set to meet in London from October 22-26 to decide a final action programme.
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Thursday, 11 October 2018
Lyse Group, the Norwegian company owned by 16 municipalities that first acquired waterfall rights one hundred years ago to help develop hydro-electric power stations, has sold its remaining 30 percent in Nordic LNG company Skangas to majority-owner Gasum of Finland.
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Wednesday, 10 October 2018
Kosmos Energy, the US exploration and production company based in Dallas, said it was making more progress on developing multiple African liquefied natural gas production hubs offshore Senegal and Mauritania with UK partner BP and an investment decision was due soon.
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Wednesday, 10 October 2018
Japanese spot LNG cargo prices last month on a contracted basis averaged $10.60 per million British thermal units, up 55 percent or $3.70 per MMBtu from September 2017, as the nation’s year-on-year fuel costs continued to rise on the higher oil price.
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Wednesday, 10 October 2018
The Australian state of Victoria has delayed an LNG regasification project planned by AGL Energy to end energy shortages because the Labor-run government has ordered a full environmental assessment of the venture ahead of November elections.
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Wednesday, 10 October 2018
Royal Dutch Shell has outlined the main reasons why it had a compelling case for proceeding with the LNG Canada export project in British Columbia and it would come on stream at the site in Kitimat at a time of high global demand.
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Tuesday, 09 October 2018
JGC Corp Chairman and Chief Executive Masayuki Sato, whose company was awarded the LNG Canada contract, said the engineering, procurement and construction business was now surging ahead and a high level of performance was crucial for all contractors worldwide.
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Tuesday, 09 October 2018
Switzerland, the base for some of the leading global commodities traders in LNG and other fuels, is facing energy challenges, though it was unlikely a permit awarded to drill for hydrocarbons in Lake Geneva would be implemented anytime soon, according to a report from the International Energy Agency.
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Tuesday, 09 October 2018
A review board in the Canadian province of Nova Scotia has cancelled a hearing on whether the Goldboro LNG export project being developed by Calgary, Alberta-based Pieridae Energy should consult with native North American First Nations.
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