Tagged Asia

Shell’s shipping study confirms LNG as transition fuel

Rate this article By Mirza Duran A Shell study released on Tuesday exploring how the shipping industry is working to slash its emissions has confirmed LNG as one of the main transition fuels. For illustration only (Image: Shell) The report named “Decarbonizing Shipping: All Hands on Deck” is a joint research by Shell and Deloitte….

Chevron wraps up Puma acquisition in Australia

Rate this article By Mirza Duran US energy giant and LNG operator Chevron has completed the acquisition of Puma Energy’s Australian commercial and retail fuels business. Image: Chevron Singapore’s Puma Energy, majority-owned by Trafigura and Sonangol, sold all off shares and equity interests in the Australian business to Chevron’s downstream unit. The deal has a…

EIA: U.S. year-to-date LNG exports more than halved

Rate this article By Adnan Bajic Liquefied natural gas (LNG) exports from the United States have declined by more than half so far in 2020, the U.S. Energy Information Administration said. Courtesy of Freeport LNG Daily natural gas deliveries to U.S. facilities that produce liquefied natural gas for export were a record 9.8 billion cubic…

Eni, KOGAS ink LNG MoU

Rate this article By Adnan Bajic Italian oil and gas company Eni signed an energy and LNG sector cooperation MoU with Korea Gas Corporation. Courtesy of Eni The memorandum of understanding was signed by Eni CEO Claudio Descalzi and KOGAS president and CEO Hee-bong Chae. Under the agreement, the companies aim to identify specific cooperation…

Seadrill gets termination for drillship deal

Rate this article By Nermina Kulovic Seadrill has been hit by early termination of a drilling contract for a drillship operating in Southeast Asia. The post Seadrill gets termination for drillship deal appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

US Port of Long Beach joins LNG fuelling coalition

Rate this article By Mirza Duran The Port of Long Beach, the USA’s second-busiest container port, has joined the SEA-LNG industry coalition. The Californian port is the third North American port to join the coalition and brings SEA-LNG’s count of port members to a total of seven, the coalition said in a statement on Tuesday….

Report: Russia’s A-Property contracts TechnipFMC to design $10 bln LNG plant

Rate this article By Mirza Duran A-Property, a firm owned by Russian energy tycoon Albert Avdolyan, has reportedly hired TechnipFMC to design a large liquefied natural gas export terminal. Image courtesy of TechnipFMC The LNG plant and surrounding infrastructure in the remote northern republic of Yakutia would require a $10 billion investment, Reuters reported on…

Japan’s monthly LNG imports continue to decline

Rate this article By Mirza Duran Japanese imports of liquefied natural gas continued to decline this year and they dropped for the third consecutive month in March. Japan, the world’s largest importer of LNG, received 7.2 million tonnes of the fuel last month, down 1.2 per cent from a year earlier. March LNG imports cost…

ABB to power Singapore’s LNG hybrid tug

Rate this article By Mirza Duran Swiss engineering group ABB is providing electric propulsion, storage and other technology for what is claimed to be the first tug in South Asia capable of switching between LNG and battery power. The tug, which will operate in Singapore harbor, has been ordered by Sembcorp Marine subsidiary Jurong Marine…

EU LNG import bill hits 16.2 billion euros

Rate this article By Mirza Duran The European Union member states paid about 16.2 billion euros for the 108 billion cubic meters of liquefied natural gas they imported last year, according to the Commission’s latest gas market report. Last year’s LNG imports increased by a record 48 billion cubic meters or by 75 per cent…