Tagged Forecast

BHP inks LNG supply deal with Shell

By Adnan Bajic Australian resource company BHP signed the first LNG supply deal for its Newcastlemax bulkers with Shell. FueLNG Bellina The five vessels will transport iron ore between Western Australia and China from 2022. Shell has been awarded the contract to fuel the vessels, which BHP will charter from Eastern Pacific Shipping (EPS) for…

Norway: October oil output hit by strike action

By Nermina Kulovic Norwegian oil production in October 2020 was below forecast by the NPD due to effects of strike action as well as maintenance operations on some fields. The post Norway: October oil output hit by… … Read Full Article Here For more great articles: Offshore Energy Today

Germany playing catch-up in LNG-fueled long-haul market

By Adnan Bajic The distribution of liquefied natural gas (LNG) as fuel for long-distance haulage has only recently started gaining momentum in Germany. Courtesy of Iveco The segment has been experiencing a boom across Europe for a while, German LNG Terminal, the joint venture aiming to build and operate an LNG terminal in Brunsbüttel, said…

Australia: LNG export earnings forecast to dip

By Adnan Bajic Australia’s LNG capacity expansion is nearing its end and although the country has taken over the LNG exporter top spot in 2019-20, the earnings are expected to dip. Courtesy of Woodside In its Resources and Energy Quarterly report, Australia’s Department of Industry, Science, Energy and Resources, noted that the latest wave of…

Jemena plans to connect Port Kembla LNG facility to EGP

By Adnan Bajic Australia’s energy infrastructure company, Jemena, has submitted plans to the New South Wales government to connect a proposed LNG import terminal at Port Kembla to the Eastern Gas Pipeline (EGP). Courtesy of Australian Industrial Energy Jemena’s managing director, Frank Tudor, said the company has also advanced plans to modify the EGP to…