Gas
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Avance Gas fixes finances amid ‘prolonged weak freight market’
Avance Gas has reached a comprehensive agreement with its lending banks. For a 2.5 year period commencing on January 1…
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Qatargas and Petronas signs LNG supply agreement
Qatargas has announced that it has signed a new five-year liquefied natural gas (LNG) sale and purchase agreement with Petronas…
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Nakilat takes back management of LNG fleet from Shell
Qatar’s Nakilat is growing up as a shipowner. The giant gas operator has decided to let Shell go as a…
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Golar greenlights Brazil power project and 25-year FSRU deal
Golar Power has reached its final investment decision (FID) for the power generation project at the $1.3bn Porto de Sergipe Project…
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Ocean Yield cancels ethylene carrier at Sinopacific
Norway’s Ocean Yield has cancelled one of three liquefied ethylene gas carriers under construction at China’s Sinopacific Offshore & Engineering.…
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Cheniere Energy given OK to double LNG exports from Sabine Pass
Houston-based Cheniere Energy was given the go-ahead on Wednesday to double its quantity of liquefied natural gas (LNG) exports from…
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South Korean yards set for mega LNG carrier order
Clean energy company CBI Energy and Chemical Group is looking to order up to 20 LNG carriers from South Korean…
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ExxonMobil ordered to pay Chad almost 7 times its GDP
A consortium of three oil companies led by ExxonMobil has been ordered to pay Chad $74bn in fines after a court in…
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BW LPG revises takeover bid for Aurora
BW LPG has renewed its offer to take over Aurora LPG and has offered over 10% more cash, which has…
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Petronas weighing up possible sale of stake in Pacific NorthWest LNG project
Malaysia’s state energy giant Petronas may be mulling whether or not to sell its lead stake in the Pacific NorthWest…
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Canada gives all-clear for Petronas-backed Pacific NorthWest LNG project
Canada’s federal government on Tuesday gave its conditional approval to the huge liquefied natural gas (LNG) project in northern British…
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Teekay seals Yamal charter for newbuild
Teekay LNG Partners, the publicly-traded Teekay Corporation MLP, has entered into a 15-year time-charter contract with the Yamal LNG project…
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Samsung Heavy and GasLog close to sealing LNG orders
Samsung Heavy Industries (SHI) is being widely tipped to have just about clinched its first order of the year. Monaco-based…
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BW LPG prepares takeover offer for Aurora
BW LPG has upped its stake in Aurora LPG again and is to launch a voluntary tender offer to buy…
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BW LPG builds Aurora stake
BW LPG has continued its steady buildup in the stakeholding of rival Aurora LPG. On Friday, BW LPG came in…
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Avance Gas offloads LNG carrier
Oslo-listed Avance Gas Holding has announced an agreement for the sale of its LNG carrier Gaea. While the buyer has…
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Second LNG train completed at Cheniere’s Sabine Pass terminal
Houston-based Cheniere Energy has announced the “substantial completion” of the second liquefaction train at its Sabine Pass LNG terminal in…
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KOGAS signs MOU to develop LNG import terminal in Brazil
South Korea’s state gas company KOGAS has signed a Memorandum of Understanding (MOU) with the Brazilian state of Ceara to…
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Koreans eye LNG carrier repair business
Three Korean companies have come together to form an LNG carrier repair entity. GAS Entec, a Korean engineering firm is…
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Varun Shipping in for 15-year-old BW VLGC
Despite being unable to pay crew on at least one of his ships, Yudhi Khatau, boss of India’s Varun Shipping,…
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