Gas
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New BW LPG CEO Ackerman starts in August
Singapore: BW LPG has announce today that Martin Ackermann will begin his new role as chief executive officer of the…
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Exmar raises $40m for LNG infrastructure investments
Athens: Exmar Netherlands has completed a tap issue of NOK 300m ($39.6m) in bonds, which it says will be used…
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Canadian aboriginal tribe offered nearly $1bn to allow LNG export terminal
Vancouver: The Lax Kw’alaams First Nation, a Canadian aboriginal group, has been offered close to $1bn in return for endorsing…
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Hyundai Heavy wins Gazprom FLNG contract
Seoul: South Korea’s Hyundai Heavy Industries has beaten compatriots Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries to clinch…
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Tide to turn for Varun Shipping?
Mumbai: The entire nine-strong fleet of gas carriers in the Varun Shipping stable is scheduled to be operational by June…
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Höegh LNG FSRU commences operations in Egypt
Oslo: Höegh LNG has said that floating storage and regasification unit Höegh Gallant has commenced commercial operations at the LNG…
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Petronet LNG under government investigation over gas purchase deals
New Delhi: Natural gas importer Petronet LNG is being investigated by the Indian government over alleged irregularities in gas purchase…
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Varun Shipping clarifies stance on investor grievances
Mumbai: Beleaguered Indian shipowner Varun Shipping has written to stock market regulator Securities & Exchange Board of India (SEBI), clarifying…
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BW LPG takes 25-year-old VLGC for $8m
Singapore: BW LPG, the world’s largest VLGC operator, is paying $8m in exercising a purchase option for the Berge Summit.…
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Atomflot orders $116m Vyborg icebreaker
Moscow: FSUE Atomflot is spending $116m on a new icebreaker to be built by Vyborg Shipyard in Russia. The vessel…
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Varun Shipping faces SEBI ban over investor complaints
Mumbai: Stock market regulator Securities & Exchange Board of India (SEBI) has hit Varun Shipping with a notice of a…
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Hiranandanis to set up floating LNG terminal in West Bengal
Mumbai: Real estate developer Hiranandani Group has decided to diversify into import and distribution of liquefied natural gas (LNG), and…
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US export boom for LNG predicted
Houston: US Energy Secretary Ernest Moniz told the CERAWeek energy conference on Thursday that there is “a good chance” the…
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Red Dot closes in on first ship acquisition
Singapore: Red Dot Shipping, the gas player launched in Singapore last year, is scouring the market for its first ship.…
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EU goes to court against Gazprom
Brussels: The EU will in a few days take Russian energy giant Gazprom to court, which is accused of anti-competitive activities…
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GasLog charters up to nine LNG carriers to BG Group
London: GasLog is to charter three of its large LNG carrier newbuildings to Methane Services (MS), part of BG Group, plus up…
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Near term outlook grim: Sea Asia Global Forum
Singapore: The mood was mixed among panellists at the Sea Asia Global Forum this morning. The lead start to the…
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Shanghai Waigaoqiao pushes design envelope with 85,000 cu m LPG orders
Shanghai: Chinese yards continue to up the ante in VLGC design with news of orders for the world’s largest LPG…
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Stena Bulk charters LNG carrier down under
Gothenburg: Swedish shipowner Stena Bulk has said today it has chartered LNG carrier Stena Blue Sky (145,500 cbm, built 2006)…
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Pak govt’s dawdling would allow Engro to encash bank guarantee on April 21
Islamabad: Engro Corporation has become eligible to encash on April 21 a $50m bank guarantee provided by gas utility Sui…
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