By Sanja Pekic The Norwegian unit of energy giant Shell has sold its downstream LNG subsidiary Gasnor to Spain’s Molgas Energy. The post Shell sells Gasnor to Molgas appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Adnan Bajic Global downstream gas and LNG logistics company Atlantic Gulf & Pacific (AG&P), has been cleared to proceed with the development of the Philippines LNG project. The post AG&P given green light to build Philippines LNG plant appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Sanja Pekic Australian investment bank Macquarie Capital has launched WaveCrest, a platform that will develop, construct, own and operate LNG regasification, power and downstream infrastructure assets. The post LNG platform WaveCrest launches appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Adnan Bajic TruMarx Data Partners, developers of the COMET energy marketplace, and LNG Alliance (Singapore) have inked a cooperation MoU. Illustration only (Courtesy of BV) Under the agreement, TruMarx Data Partners will support LNG Alliances business objectives with software and data solutions including the COMET Marketplace for the LNG/Gas trading and distribution platform in…
By Adnan Bajic Novatek, Russia’s largest independent natural gas producer, has launched its first small-scale LNG plant in the Chelyabinsk region. Illustration only (Courtesy of Novatek) The LNG major noted the facility will have a capacity of 40,000 tons of LNG per annum. Novatek’s unit, Novatek-Chelyabinsk, commenced pilot LNG production, the company’s statement reads. The…
By Mirza Duran Australia’s Viva Energy aims to start front-end engineering and design work on a planned LNG import terminal at its Geelong refinery by the end of this year. Geelong refinery (Image: Viva Energy) The downstream player announced earlier this year it plans to build the LNG import facility that includes installing an FSRU…
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 price tag of…
By Mirza Duran State-owned LNG giant Qatar Petroleum said on Thursday it will integrate chemical distributor Muntajat as part of efforts to further strengthen its downstream business. Saad Sherida Al-Kaabi (Image: Qatar Petroleum) The integration of Chemical and Petrochemical Marketing and Distribution Company will enable QP to continue expanding its global reach, it said in…
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 opportunities in different…
By Mirza Duran The Australia Pacific liquefied natural gas (LNG) plant, run by ConocoPhillips, has shipped its 500th cargo of the fuel since it started operations in 2016. Image courtesy of ConocoPhillips Australia The 174,100 cubic meters CESI Tianjin loaded the milestone cargo and departed the Curtis Island facility near Gladstone on Thursday, according to…