Golar revealed this in its second-quarter results report on Thursday. The company said it had increased its focus on securing “attractive” FLNG growth units, following 20-year charter deals in Argentina for FLNG Hilli Episeyo and […]
Origin said in its full-year report that this was partially offset by lower realized LNG prices and the reduction in revenue following completion of the price review with China’s Sinopec effective from January 2025, as […]
Norwegian shipleasing specialist Ocean Yield and KKR-managed vehicles have agreed to acquire CapeOmega Gas Transportation from private equity firm Partners Group, expanding their exposure to the LNG sector. CapeOmega holds joint ownership in a fleet […]
The US decision to go public on its offensive against the International Maritime Organization’s proposed net-zero framework has created considerable debate within the shipping community. Various ministers within the Donald Trump administration issued a joint […]
Australian energy infrastructure developer Venice Energy has agreed to sell its project to LNG terminals and downstream infrastructure firm AG&P LNG, a subsidiary of US-owned Nebula Energy. This follows an eight-month negotiation process after […]
South Korea’s HD Hyundai is set to start shipbuilding in the Philippines from January next year, with a revamped Subic Bay yard capable of turning out up to 10 vessels annually. The shipbuilding giant has […]
Gastrade announced the resumption of unloading and regasification services at the Alexandroupolis LNG terminal on Monday. “Such services will become available at a maximum regasification capacity of 45.4 GWh/day, including redundancy with respect to its […]
NextDecade said in an SEC filing on Monday that its units have entered into subscription agreements with subsidiaries of TotalEnergies and GIP. Under the agreements, TotalEnergies will provide up to $300 million for a 10 […]
The company said on Tuesday its second-quarter income from operations of $1 billion rose 186 percent year-on-year, net income $0.4 billion rose 21 percent year-on-year, and consolidated Adjusted Ebitda of $1.4 billion increased 217 percent […]
Recently, I was asked: what if Edison had won the Battle of the Currents? As power grids today are increasingly dominated by inverter-based generation, could a direct current (dc) grid be more effective than the […]
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