Geneva-based energy trader Vitol has extended its LNG sale and purchase agreement with Brunei Energy Services & Trading (BEST) under which it buys LNG for its Asian operations.
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US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
Vitol’s liquefied natural gas (LNG) bunkering and supply vessel, Vivit Asia LNG, is expected to start operations later this year after completing its sea trials in China.
Switzerland-based Axpo and energy trader Vitol have completed what they say is the first ship-to-ship LNG refueling at the Port of Civitavecchia, Italy’s largest cruise port.
Italian energy firm Eni said on Wednesday that its previously announced sale of a 25 percent stake in the Congo LNG project to energy trader Vitol was not finalized.