The Norwegian subsidiary of energy firm Shell has sold its downstream liquefied natural gas (LNG) subsidiary Gasnor to Madrid-based Molgas Energy Holding for an undisclosed sum, it said on Thursday. The transaction transfers all of Norske Shell’s complete shareholding […]
The global economic recovery is set to drive Australia’s resources earnings to an all-time high this financial year, led by number one export iron ore, while rapid growth in the production of battery minerals will […]
Efforts are continuing to build out the global infrastructure to support the use of LNG as a marine fuel. As the latest demonstration of the rapid expansion of LNG bunkering capabilities, the first ship-to-ship LNG […]
Liquefied natural gas (LNG) ships are set to receive an earnings boost from restocking demand after colder conditions drove a scramble for supplies and record high freight rates, a top LNG tanker player said. A cold snap in […]
After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel. The combination of a severe […]
Energy News Beat Publishers Note: The LNG shipping and exports for the United States are imperative long term place on the energy table. The cost of shipping liquefied natural gas from the U.S. to Asia hit […]
Tokyo — Severe cold spells and surging power demand are tightening Japan’s power supply amid declining LNG stocks and low renewable output, Minister of Economy, Trade and Industry Hiroshi Kajiyama said Jan. 12, with utilities undertaking […]
TAIPEI, Jan 10 (Reuters) – Taiwan’s state-owned CPC Corp began on Sunday receiving liquefied natural gas (LNG) cargoes from Cheniere Energy Inc under a 25 year deal signed with the U.S. company in 2018, and […]
Energy News Beat Publishers Note: We covered this on our live YouTube show months ago. Billions of dollars tied up on the floating LNG processing facility, and it has been off-line for 11 months due […]
LNG, ammonia and hydrogen among alternative fuel contenders Orders at lowest in at least two decades in 2020: IHS Markit Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new […]
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