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  • Chinas second largest offshore oil and gas platform installed in the South China Sea, China National Offshore Oil Corporation (CNOOC) announced Thursday. The central platform and wellhead platforms for the Dongfang 13-2 Gas Fields Developme
    xinde marine news2019-04-22 16:43:54
  • Gas is the future. Among the reasons oil companies are latching onto gas as the energy transition looms are that its plentiful, future demand growth outstrips oil and it has relatively low carbon intensity. Amidst all this, the LNG market i
    xinde marine news2019-04-18 16:36:01
  • The technology group Wrtsil and Samsung Heavy Industries (SHI) have signed a Joint Development Project (JDP) agreement aimed at establishing a more efficient solution for LNG Carrier and Shuttle Tanker vessels. Overall cost optimisation, in
    xinde marine news2019-04-18 10:05:46
  • The first LNG receiving terminal funded by a domestic private enterprise will start construction of its submarine pipelines this year in Zhejiang province, and upon completion, it will reach an annual handling capacity of 3 million metric t
    xinde marine news2019-04-17 14:38:27
  • Norwegian classification bureau DNV GL and Singapore-based Keppel Marine and Deepwater Technology (KMDTech), a subsidiary of Keppel Offshore Marine (Keppel OM), have signed a framework agreement to boost the uptake of liquefied natural gas
    xinde marine news2019-04-15 14:52:08
  • Chinas LNG demand is set to grow by 14% in 2019 according to Beijing Gas group. The rising gas demand is a result of Chinas ongoing policy to move households and industry from coal to gas, as well as economic stimulus that includes a value-
    xinde marine news2019-04-11 11:06:43
  • LNGs potential to become Asias dominant fuel, as the region transitions away from coal to cleaner energy, will only be realised if the industry can work together to lower costs and overhaul trading conditions, senior Chinese energy official
    xinde marine news2019-04-04 13:39:13
  • China is building the worlds largest liquefied natural gas carrier with a capacity of 270,000 cubic meters to cope with the rising demand for the clean fuel in the nation, a top shipbuilder said on Tuesday. Shanghai-based Hudong-Zhonghua Sh
    xinde marine news2019-04-03 16:34:14
  • Global natural gas market is undergoing substantial changes, as gas demand is increasing at a rapid pace driven by emerging economies, such as China and India, according to industry observers. At the ongoing 19th International Conference Ex
    xinde marine news2019-04-03 16:00:36
  • China National Offshore Oil Corp, the nations largest producer of offshore oil and gas, produced 27.73 billion cubic meters of natural gas and imported 26.42 million tons of liquefied natural gas in 2018, making it the countrys second-large
    xinde marine news2019-03-29 10:43:06
  • French energy company EDF has signed an agreement with the Chinese utility China Energy Investment Corporation (CEI) to jointly deliver two offshore wind power projects in China. The Dongtai IV and V offshore wind farms account for a total
    xinde marine news2019-03-28 13:45:59
  • The United Kingdom and China have opened a new research center in Yantai, Shandong province, that will help British wind energy companies export to China, one of the fastest growing offshore wind markets in the world. The center will also p
    xinde marine news2019-03-27 14:10:45
  • Chinas liquefied natural gas (LNG) price dropped 2.1 % to 4,322 yuan/t ($644.3/t) averagely over March 11-20 compared with ten days ago, showed data from National Bureau of Statistics (NBS). China kept robust stockpiling for winter season i
    xinde marine news2019-03-26 16:22:28
  • The spot price for LNG delivered to NE Asia dropped to $4.65 per mmBtu in the week to March 21, the lowest since May 2016. Its been an unusual northern winter for LNG, with the price peaking at $10.90 per mmBtu in November and steadily slid
    xinde marine news2019-03-26 13:26:05
  • LNT Marine signed a frame cooperation agreement with Huarun Dadong Dockyard (HRDD) in China for the cooperation on LNG carrier repairs, upgrading and conversion. In a brief social media statement, LNT Marine noted that the two companies wil
    xinde marine news2019-03-20 17:02:41