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BGC Partners acquires Poten & Partners
-11/16/2018 11:05:24 AM
BGC Partners, Inc, a leading global brokerage and financial technology company, announced that it has completed the acquisition of Poten & Partners Group, Inc. ("Poten"), a leading ship brokerage, consulting and business intelligence firm specializing in LNG, tanker and LPG markets.
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Most of Nord Stream 2 project to be paid for by 2019 - OMV CEO
-11/16/2018 10:39:22 AM
The Nord Stream 2 gas pipeline project connecting Russia to Germany will be 70 percent paid for by next year, the chief executive of Austrian oil and gas company OMV said.
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Finland's main gas grid to directly access first LNG supply in 2020
-11/16/2018 10:20:51 AM
The construction of a new liquefied natural gas (LNG) terminal in Finland’s southern port of Hamina will be concluded by the end of 2020, allowing the country to reduce its dependency on Russian energy supplies, contractor Wartsila said.
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Total's Papua LNG Project: MoU with state to finalize Gas Agreement, start first phase engineering studies
-11/16/2018 10:07:30 AM
A long-awaited project led by France’s Total SA that will help double LNG exports from Papua New Guinea has come another step closer, with the government agreeing to set financial terms early next year.
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PetroChina's gas marketing consolidation worries independent sellers
-11/15/2018 11:23:36 AM
PetroChina will merge its wholesale natural gas sales unit with retail provider Kunlun Energy to shore up profits though the move worries independent gas sellers that fear the combination will create a monopoly.
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Linde awarded contract for largest LNG plant in China
-11/16/2018 9:16:36 AM
The technology company The Linde Group has been awarded a contract from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia.
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Pakistan's Engro needs a year for next LNG import terminal decision
-11/15/2018 2:24:50 PM
Pakistan’s Engro said it will be a year before it can go ahead with a new liquefied natural gas (LNG) import terminal as domestic gas regulations need clarifying and new pipeline commitments are required.
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GTT to design new LNG carrier for Thenamaris
-11/14/2018 11:02:38 AM
GTT received a order notification from the Korean shipyard Hyundai Heavy Industries (HHI), concerning the tank design of a new 174,000 m3 LNGC, on behalf of Greek ship-owner Thenamaris.
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Impact of U.S. court ruling on Keystone XL timing unclear: TransCanada
-11/14/2018 3:15:21 PM
TransCanada Corp is reviewing a decision by a Montana judge blocking construction of the Keystone XL pipeline, but the impact on project timing remains unclear, the company’s top crude pipeline executive said.
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Natural gas looks like the IEA's big winner, but threats abound
-11/15/2018 11:01:34 AM
The trend of the past decade has been coal losing favor as renewables and natural gas expand their market share.
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Tankers storing LNG in Asian waters double as pre-winter demand disappoints
-11/15/2018 2:21:54 PM
Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number since late October as traders have been caught off guard by warmer-than-expected temperatures that have capped demand and pulled down prices.
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Kinder Morgan's Miss. Gulf LNG export plant passes environmental test
-11/15/2018 2:14:55 PM
U.S. energy company Kinder Morgan Inc’s proposed Gulf liquefied natural gas (LNG) export terminal in Mississippi took a step toward receiving federal approval for construction on Thursday after staff at the federal energy regulator issued a draft environmental report.
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Finland eyes imports of piped Norwegian gas via Baltics, Poland
-11/15/2018 11:31:52 AM
Finland could in future receive gas from Norway via a network of pipes being planned through the Baltic countries and Poland, as part of an effort to reduce its dependency on gas imports from Russia.
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Teekay says LNG tankers for Yamal project to be delivered early
-11/15/2018 11:41:04 AM
Teekay LNG says four Arctic ARC7 class liquefied natural gas tankers will be delivered three to five months earlier than scheduled next year for the northern Russian Yamal project.
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ADNOC to Extend Long-Term Gas Supply Agreement for LNG Production
-11/14/2018 9:19:12 AM
The Abu Dhabi National Oil Company (ADNOC) has agreed, in principle, to extend to 2040 its gas supply agreement with ADNOC LNG, in coordination with ADNOC LNG’s joint venture partners, Mitsui, BP and Total.
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First US LNG cargo since 10% tariff enacted arrives in China
-11/13/2018 5:32:40 PM
A liquefied natural gas (LNG) cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on US imports.
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China LNG growth not slowing, says Woodside CEO
-11/13/2018 9:38:59 AM
China's appetite for liquefied natural gas (LNG) has not slowed, but its purchases have been spread more evenly, avoiding last year's sudden spike to meet winter demand, Australia's top independent LNG producer said on Tuesday.
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Rocket fuel: Australia targets hydrogen as next big energy export
-11/13/2018 9:34:54 AM
Australia, the world's biggest coal exporter and second-biggest liquefied natural gas (LNG) exporter, wants to build its next big energy industry around exploiting solar and wind power along with brown coal to produce hydrogen.
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ADNOC signs framework agreement with Uzbekistan gas producer Uzbekneftegaz
-11/13/2018 8:43:00 AM
The Abu Dhabi National Oil Company (ADNOC) signed, today, a Framework Agreement with Uzbekneftegaz, a Joint Stock company of Uzbekistan's oil and gas industry, under which ADNOC will provide strategic advice in relation to Upstream and Downstream operations.
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MAN Cryo to design and deliver LNG regasification terminal
-11/13/2018 8:35:52 AM
MAN Energy Solutions has won the contract to design and deliver an LNG regasification terminal for the Forchem company in Rauma. Forchem, an innovative and industry-leading company producing chemical and Animal feed products from tall oil, has chosen to convert the boiler for generating steam for the refinery processing to natural gas/ bio-gas. MAN Energy Solution will deliver a tailor-made installation, including offloading skid for LNG trailers, vertically standing vacuum-insulated tank and vaporizer unit.
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Caliche Development Partners begins providing ethylene storage service
-11/12/2018 10:45:07 AM
Caliche Development Partners, a Houston-based company focused on the development, construction, and operation of subsurface hydrocarbon storage assets and related pipelines in North America, announced that its first natural gas liquids (NGLs) storage project in Beaumont, TX is officially in service.
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Total granted a 40% stake in unconventional gas concession
-11/12/2018 10:12:47 AM
On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, granting it a 40% stake in the Ruwais Diyab Unconventional Gas Concession. Under the terms of the agreement, Total will explore, appraise and develop the concession area’s unconventional gas resources.
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WoodMac: China better positioned to take on this winter's gas demand
-11/12/2018 9:32:43 AM
Last winter, strong demand growth in China caused regional gas shortages. But it will be a different story this winter. Policy and market signals imply that industrial and heating gas demand growth this winter could be moderate compared to last winter, a sign that China comes better prepared after last winter's gas shortage.
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ADNOC, Saudi Aramco sign agreement on natural gas, LNG cooperation
-11/12/2018 9:19:05 AM
The Abu Dhabi National Oil Company (ADNOC) signed a framework agreement with Saudi Aramco (Aramco) to explore potential opportunities for collaboration in the natural gas and Liquefied Natural Gas (LNG) sectors.
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In race to fill LNG supply gap, project goalposts have changed
-11/12/2018 8:45:09 AM
The race is on for liquefied natural gas (LNG) producers to build export terminals as demand soars, but the criteria for financing such mega-projects have shifted as traditional relationships with LNG consumers have begun to disintegrate.
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