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  • Novatek, Russias largest private gas producer, signed a deal with China National Oil and Gas Exploration and Development Company (CNODC), a unit of CNPC, to enter the Arctic LNG 2 project. The binding agreement provides for the acquisition
    xinde marine news2019-04-30 14:40:54
  • Chinas CNOOC has secured a 10 percent participation interest in Novateks second liquefied natural gas project, the Arctic LNG 2. Russias largest private natural gas producer said on Thursday a binding agreement for the acquisition of the 1o
    xinde marine news2019-04-30 14:10:22
  • China, the worlds second-largest importer of LNG, saw its liquefied natural gas imports dipped for the second month running following record January levels. Data from the Chinese General Administration of Customs shows that imports of lique
    xinde marine news2019-04-24 17:01:08
  • Chinas offshore wind energy sector is expected to boom this year onward on the back of a maturing onshore segment, and the countrys accent on growth via high-quality manufacturing and consumption upgrade. The maturing of the onshore segment
    xinde marine news2019-04-23 13:19:07
  • 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
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