CONTRACTS & AGREEMENTS

Total Charters First Two LNG-Powered VLCCs

Total has chartered its first two LNG-powered Very Large Crude Carriers (VLCCs). Under a time-chartering deal signed with Malaysian shipowner AET, the...

Tellurian Extends 2019 Loan Agreement to 2021

Tellurian has extended the maturity date of its Term Loan by 18 months to November 23, 2021 under a new agreement to...

Brazil’s Sergipe power plant reaches COD

Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, has reached COD on the 1.5-GW Porto de Sergipe I...

MERGERS & ACQUISITIONS

Santos to sell Darwin LNG and Bayu-Undan stakes

Santos has agreed to sell 25% stakes in the Darwin LNG project and the Bayu-Undan gas field to SK E&S for $390...

CLEANCOR acquires Palm Springs LNG Fueling Station

SEACOR Holdings subsidiary, CLEANCOR Energy Solutions, has acquired an LNG and CNG fueling station in Palm Springs, California. The attended card lock...

GTT purchases smart shipping designer Marorka

French LNG engineering specialist GTT has acquired 100% of Iceland-based maritime energy monitoring and optimization system designer Marorka’s share capital. The company was purchased...

JOINT VENTURES

Sovcomflot and NOVATEK sign Joint Venture Agreement

PAO Sovcomflot and PAO NOVATEK signed a Heads of Agreement while at the Eastern Economic Forum. The agreement specifies the creation of...

NOVATEK and Severgroup Sign Memorandum on Strategic Partnership and Cooperation

PAO NOVATEK and OOO Severgroup signed a Memorandum on Strategic Partnership and Cooperation. The agreement expressed intent to cooperate on supplies for...

NOVATEK and Gazprom Neft Sign Arctic Agreement

PAO NOVATEK and PAO Gazprom Neft signed an Agreement of Intent on Arctic Projects to form a joint venture to explore and...

COMPANIES

Cheniere donates over $1 Million for COVID-19 relief

Cheniere Energy will donate over $1 million US dollars in response to the current COVID-19 outbreak. The money will go to organizations...

ExxonMobil reduces 2020 Capex and Opex

ExxonMobil will reduce its 2020 capital spending by 30% and cash operating expenses by 15%, the company announced. The...

Tellurian to reduce Corporate Spending

In response to uncertain market conditions, Tellurian aims to reduce its corporate spending and reorganize financing for its 2019 term loan.

People

Tellurian brings in two New Executive Leadership Team Members

Tellurian has added two new members to its executive leadership team. Kian Granmayeh has been promoted to the role of...

Clean Energy appoints Total executive to Board

Clean Energy Fuels Corp. (CLNE) has appointed Philippe Charleux, senior vice president of Total Marketing Services (TMS), to its board of directors. Charleux joins...

Elengy Appoints New CEO

Elengy’s Board of Directors appointed Sandra Roche-Vu Quang as new CEO, effective June 1st. She succeeds Laurence Borie-Nacel, who has been reappointed.