Daily Archives: April 27, 2020

PGNiG says Gazprom did not slash gas prices

By Mirza Duran Poland’s dominant gas firm PGNiG claims that Russian giant Gazprom has not reduced gas prices despite a court ruling last month. The arbitration tribunal in Stockholm ruled in March that Gazprom must pay PGNiG about $1.5 billion in a pricing dispute case. The court also ruled that a gas pricing formula in…

Red ink for Kvaerner as coronavirus costs bite

By Nermina Kulovic Affected by coronavirus costs and provisions, Kvaerner sank to a loss in the first quarter of the year compared to a profit in the year-before quarter. The post Red ink for Kvaerner as coronavirus… … Read Full Article Here For more great articles: Offshore Energy Today

NYSE listing warning for Vaalco Energy

By Nermina Kulovic Houston-based oil and gas company Vaalco Energy has received a continued listing warning from the New York Stock Exchange (NYSE). The post NYSE listing warning for Vaalco Energy appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

U.S. weekly offshore rig count flat at 17

By Bojan Lepic The number of offshore rigs in the U.S. remained unchanged with 17 active units last week, according to weekly rig count reports released on Friday by Baker Hughes Company. The post U.S. weekly… … Read Full Article Here For more great articles: Offshore Energy Today

Cosco, CNPC to order LNG carrier trio at Hudong

By Mirza Duran A joint venture consisting of Chinese shipowner Cosco and energy giant CNPC is to order three liquefied natural gas carriers at Hudong Zhonghua Shipbuilding. The price for each of the 174,000 cubic meter LNG carriers is $185 million, according to a statement by Cosco Shipping Energy Transportation. The vessels will be used…

Liqvis opens Kassel LNG filling station

By Adnan Bajic Uniper’s unit Liqvis has opened its second permanent liquefied natural gas (LNG) filling station in Kassel. It is the first such facility in Grünheide near Berlin. The facility replaces the mobile station that has been stationed in Kassel up until now. Liqvis is planning to relocate this now-superfluous mobile filling station from…