Friday, 31 July 2015

oil-fuel-Decline

Oil prices to fall further, report suggests

The drastic slide on Brent crude was one of the stories of 2014 and continued to run deep into 2015, but a report from the International Energy Agency (IEA) suggests oil prices may yet fall further.

bestobell lng

Reliquefaction market entry for Bestobell

The Marine sector of Bestobell has secured two new high profile contracts for its cryogenic globe and check valves. The products are to be fitted in the LNG reliquefaction systems that will be installed on two LNG carriers being constructed in South Korea and two in Japan.

Liquefied natural gas terminal

Vladivostok LNG plant construction shelved

Russian state gas company Gazprom is postponing construction of the Vladivostok LNG plant on the country’s Pacific Coast – choosing to supply the product to China by pipeline instead.

France map

World’s first launched by Cryostar

Thanks to its know-how in LNG refuelling station technology Cryostar is proud to announce the release of its brand new LNG Dispenser – the so-called 2.0.

pentair

Pentair expands portfolio with new LNG products

Pentair Valves & Controls will present its expanded portfolio of specialised products for the LNG industry at the World Gas Conference (WGC) 2015. Three products designed specifically for LNG applications have been added to the company’s comprehensive offering for this market.

air liquide yanbu

Air Liquide starts up largest investment in Saudi Arabia

Air Liquide announces the start-up of its global-scale hydrogen production site in Yanbu Industrial City, on the West coast of the Kingdom of Saudi Arabia.

financial analysis euro stats

Strong start for Linde in 2015

With profits up 9% to €1.010bn, it’s forecast that operating profits for the Fiscal year will be between €4.1bn and €4.3bn. A weaker Euro results in significant growth in Linde’s revenue of 8.7% €4.398bn.

Euro currency financial appreciation

Solid first quarter for Air Liquide

Major highlights for the quarter includes the signing of a contract, between the company and Sasol, for Air Liquide to build and operate the largest oxygen production unit in the world – located in South Africa. There were also further acquisitions in healthcare and further developments in hydrogen.

Euro currency finance

Solid performance from Air Liquide

The company has announced its results for 2014 in which it has achieved a “solid performance” in a “mixed environment” by recording another year in growth in revenues, operating margin and net profit.

Sam Thomas - July 2015

Going full circle at Chart Industries, Inc. Subscription

By Rob Cockerill, published in gasworld magazine

Chart Industries Chairman, President and CEO Sam Thomas discusses the evolution of the company throughout the decades and doing business in a fluctuating energy market.

Technology

AL-Sasol

Air Liquide chosen by Sasol for Africa ASU

25 Feb 2015 | By Stuart Radnedge

The company has been chosen to build, own and operate the world’s largest oxygen production unit for Sasol in South Africa. The ASU will have a total capacity of 5,000 tonnes of oxygen per day – a milestone in the history of industrial gas production.

al h2 2

Sassenage hydrogen station opened by Air Liquide

10 Jun 2015 | By Stuart Radnedge

The station allows the first users of the HyWay project to recharge their vehicles with hydrogen. Next fall, a second station will be built in Grenoble.

ap h2 india

Air Products opens India’s first hydrogen station

9 Jun 2015 | By Stuart Radnedge

The company’s SmartFuel® technology was commissioned at India’s first renewable hydrogen fuelling station – with the inauguration ceremony led by Shri Piyush Goyal marking the occasion.

financial analysis euro stats

Strong start for Linde in 2015

30 Apr 2015 | By Stuart Radnedge

With profits up 9% to €1.010bn, it’s forecast that operating profits for the Fiscal year will be between €4.1bn and €4.3bn. A weaker Euro results in significant growth in Linde’s revenue of 8.7% €4.398bn.

Germany-map

Hydrogen production unit start-up ceremony held

17 Apr 2015 | By Stuart Radnedge

Today, Air Liquide held the official start-up ceremony for its new, state-of-the-art Steam Methane Reformer (SMR) unit located in the Chempark Dormagen site near Cologne, Germany.

Other LNG news

Liquefied natural gas terminal

Höegh LNG signs deal in Chile

The contract, with Octopus LNG SpA, is for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile. The contract is for a period of 20 years and is expected to generate an average annual EBITDA of around $36m.

LNG market

BP and Kansai sign LNG deal

BP and The Kansai Electric Co., Inc. (Kansai Electric) today entered into a sales and purchase agreement for liquefied natural gas (LNG), and a cooperation agreement for the purpose of exploring opportunities for business collaboration.

Chart shell lng truck refuelling station rotterdam

Second LNG station opens in Netherlands

With Chart’s engineers completing the final test process in just 12 days, the second of Shell’s retail LNG fuelling stations, at Waalwijk in The Netherlands, was opened for business in April.

jbog

JBOG in Qatar a “major environmental investment”

His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior of the State of Qatar, officially inaugurated the Jetty Boil-Off Gas Recovery (JBOG) Project in Ras Laffan Industrial City (RLIC) – which reduces LNG industry carbon emissions.

lng boc

LNG station opened to more people

UK supermarket giant Asda has opened its LNG refuelling station at Avonmouth, in Bristol, to third parties. The station is supplied by BOC and increases the network of stations available for use.

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