Europes increased need for liquefied natural gas (LNG) looks set to intensify competition with Asia for limited new supply available over the next two years and may dominate LNG trade over the longer term, according to Shells LNG Outlook 20

Chinas largest crude oil commercial reserve project, located in Dongying, East Chinas Shandong province, started commercial operation on Thursday according to operator China National Offshore Oil Corp, Chinas top offshore oil and gas drille

Introduction Despite LNG carriers accounting for a mere 1.45% of the total cargo fleet, the overall value of LNG sale and purchase transactions accounted for nearly 12% of all cargo transactions that took place in 2022, up from 3% in 2021.

Image: CIMC China International Marine Containers (CIMC) has provided more details regarding a recent containership order that Switzerland-based shipping giant MSC placed at Zhoushan Changhong International Shipyard. Zhoushan Changhong Inte

The need for China-made liquefied natural gas tankers will remain high and generate profound changes within the global market landscape, driven by burgeoning demand for LNG in many countries such as India, Japan, France and Brazil, market o

China Three Gorges Corporation (CTG) has begun construction of the second phase of its offshore wind farm Zhangpu Liuao, the worlds first offshore wind farm to be powered by 16 MW wind turbines. Located off the southeast of the Liuao Penins

A very large Liquefied Natural Gas (LNG) station for south Chinas Guangdong-Hong Kong-Macao Greater Bay Area (GBA) completed the construction of a storage tank in Zhuhai on Tuesday. This was announced in a press release by the China Nationa

China has successfully applied a newship bunkeringmode on the Jiangsu section of the Beijing-Hangzhou Grand Canal on Tuesday by replacing external mobile fuel tanks of two 5,000-ton LNG-powered cargoships, according to the China National Of

A liquefied natural gas (LNG) carrier built by Samsung Heavy Industries [SAMSUNG HEAVY INDUSTRIES] Samsung Heavy Industries (SHI) has bagged a 609.7-billion-won ($496.4 million) order to build two liquefied natural gas (LNG) carriers for an

On January 31, worlds first LNG fuel mobile reloading and replenishment of 200TEU inland container ship maiden voyage and Beijing-Hangzhou Canal Green Shipping Development Seminar was held in Xuzhou. The Hongyuan Xuzhou and Hongyuan Wuhan a

Hudong-Zhonghua Shipbuilding has selected TMC Compressors to deliver the marine compressed air system to seven LNG carriers the shipbuilder is constructing for Japanese shipping major Mitsui O.S.K. Lines (MOL). Upon completion, all seven ve

Introduction 2022 was an eventful year for the Offshore industry. Geopolitical tensions between Russia and Ukraine caused the price of oil to hit USD 100 per barrel and reach highs of c. USD 130 per barrel. Oil majors announced record profi

Chinas liquefied natural gas (LNG) carrier manufacturers have ramped up vessel supplies to meet the growing demand from global clients. As the shortage of natural gas in Europe continues to intensify, the demand for LNG carriers in the inte

Paris-Tianjin January 12th, 2023. As part of the BGGTianjin Nangang LNG terminal, China Huanqiu Contracting Engineering Co. Ltd (HQCEC) has completed the construction of two Liquefied Natural Gas (LNG) onshore storage tanks, each with a cap

Chinese oil and gas giant CNOOC Limited has unveiled its 2023 Business Strategy and Development Plan, which entails ramping up oil and gas production this year by bringing new projects on stream while advancing the transition to low-carbon