Tagged Global

Top news of the week October 16-21

Rate this article By LNG World News MOL FSRU Challenger, the world’s largest FSRU (Image: MOL)LNG Canada contracts BAM to build new Rio Tinto wharf BAM International, together with Canada’s JJM Construction and a U.S. company Manson Construction has been awarded the contract to build the new Rio Tinto Aluminium BC Works wharf on behalf…

Asian LNG market to get $10 bln push from Japan

Rate this article By LNG World News Asian LNG market is set to receive a $10 billion public-private push from Japan, the world’s largest importer of liquefied natural gas. Japanese minister of economy, trade and industry, Hiroshige Seko was reported by Platts as saying the Japanese initiative will financially support projects boosting supplies to Asia…

GAZ Group Presents Specialized CNG Models

Rate this article By NGV Global GAZ Group, Russia’s largest manufacturer of commercial motor vehicles, has introduced new Compressed Natural Gas (CNG) models of specialized vehicles – a garbage truck with rear loading and a repair mobile workshop created on the base of a GAZon Next CNG medium-duty truck. The vehicles powered by YAMZ-534 CNG…

IEA: market flexibility improving thanks to LNG

Rate this article By LNG World News For illustration purposes only: a MISC LNG tanker (Image courtesy of MISC)While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s latest assessment of global…

Global Petroleum moves towards final award of Italian blocks

Rate this article By _Offshore_Energy_Today_ Italian authorities have published the remaining two environmental decrees in relation to Global Petroleum’s four applications for offshore permits, marking the final administrative stage before granting the permits. The new decrees relate to applications designated D 80 F.R-GP and D 81 F.R-GP while environmental decrees for D 82 F.R-GP and…

Shell director steps down amid Rio Tinto fraud allegations

Rate this article By Offshore Energy Today.. A director at the Anglo/Dutch oil major Royal Dutch Shell has stepped down following fraud allegations related to his previous post at Rio Tinto, a global mining group. Shell said on Wednesday that Guy Elliott has stood down as a non-executive director of the company with immediate effect….

Petrobangla agrees new LNG terminal development

Rate this article By LNG World News Image courtesy of PetrobanglaBangladesh’s state-owned Petrobangla signed a term-sheet for LNG terminal use agreement with Hongkong Shanghai Manjala Power and Malaysia’s Global LNG and Petronas LNG to set up a terminal at Cox’s Bazar. Under the agreement, Hongkong Shanghai Manjala Power and Petronas LNG will set up a…

Global Petroleum sees prospectivity increase offshore Namibia

Rate this article By Offshore Energy Today.. Oil and gas company Global Petroleum has seen an increase in the prospectivity of its acreage offshore Namibia following the completion of seismic data interpretation. Global holds an 85% participating interest in Petroleum Exploration Licence No. 0029, covering offshore blocks 1910B and 2010A. The blocks are located in…

India, Japan firm LNG memorandum of cooperation

Rate this article By LNG World News India’s minister of petroleum and natural gas Dharmendra Pradhan signed a memorandum of cooperation on LNG with Japanese minister of economy, trade and industry Hiroshige Seko. Under the MoC signed during Pradhan’s visit to Japan the two countries will work on establishing a liquid, flexible and global LNG…

Clean Energy Fuels Begins First Bronx CNG Fueling Station

Rate this article By NGV Global Clean Energy Fuels Corp., the leading provider of natural gas fuel for transportation in North America- the City of New York, and community leaders broke ground on a new, state-of-the-art compressed natural gas (CNG) station in the Hunts Point section of the Bronx that will fuel multiple fleets operating…