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

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

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

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-

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

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

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

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

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

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

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

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

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

Construction works on the first offshore wind power project in east Chinas Zhejiang Province were completed on Monday after the last wind turbine was installed on Liuheng island. The project has been ongoing for the past 27 months, costing

China, the worlds largest gas importer, is set to double the import of liquefied natural gas equipment in the next five years, after shipments of the clean fuel doubled in the last two years on Beijings concerted efforts to reduce carbon em