While oil pipeline capacity in the U.S. currently exceeds production, the country’s booming LNG and natural gas markets mean demand for infrastructure is soaring. The United States is projected to become the world’s largest exporter […]
Baker Hughes, one of the biggest oilfield services companies on the planet, issued its second quarter earnings update yesterday. The company reported a net loss of $839 million during 2Q, but more than half that […]
Previously, a heat wave hit Japan with high temperatures exceeding 40 degrees Celsius in many places for nine consecutive days. Last month could be said to be the hottest June in Japan since 1875. A few […]
Driven by fears that Russia may cut supply to Europe, the EU imported more LNG from the U.S. than pipeline gas from Russia for the first time ever. This insatiable thirst for natural gas has […]
Pakistan’s energy crisis is expected to draw out for months following another botched effort by the South Asian nation to import liquefied natural gas (LNG), reported Bloomberg. Stephen Stapczynski, a Singapore-based Bloomberg reporter who covers […]
South Korean shipbuilding group Korea Shipbuilding & Offshore Engineering (KSOE) has received two orders for the construction of a total of ten liquefied natural gas (LNG) carriers. The orders have a combined value of KRW 2.87 […]
Germany may struggle to reach adequate levels of gas storage by winter despite a $15.7 billion credit line. If Germany does not start conserving gas immediately, it could face shortages through autumn, winter, and next […]
Russia is expected to meet just 25% of EU gas demand this year, its lowest level in more than two decades, the International Energy Agency said July 5. In its latest quarterly gas market report, […]
The North Field East LNG project will expand Qatar’s LNG export capacity from the current 77 million tons per annum (mtpa) to 110 mtpa. A $28.75 billion investment, NFE is to start production before the end of […]
On 20 May, FSG CEO Philipp Maracke and Tony Johnson, Technical Marine Manager of SeaRoad, jointly pushed the button to start the laser cutting machine. The first sheet of steel belonged to module H23 from […]
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