China Shipping Development Co (CSDC) almost doubled its net losses in the first half of this year, and has warned of further losses amid the weak shipping market.

Malaysia's MISC Bhd continued on the road to recovery as better revenues from its LNG and chemical tanker businesses helped the group turn in a first half net profit of MYR671.6m turning around from a MYR17.8m loss in the previous corresponding...

Five Yemeni soldiers and one guard, guarding the Balhaf LNG terminal in the Shabwa province of Yemen, were killed yesterday by suspected Al-Qaeda militants.

A third terminal for exports of LNG out of the US Gulf is now closer to reality. The US Department of Energy (DOE) gave an initial okay to gas exports from a terminal to be built in Lake Charles, Louisiana, owned jointly by the energy giant BG...

Teekay LNG Partners has announced it will acquire a $205m, 155,900cu m LNG carrier newbuilding from Norwegian LNG carrier owner-operator Awilco LNG.

There is no doubt that Malaysia's national oil company (NOC) Petroliam Nasional (Petronas) is a behemoth in the country's oil and gas (O&G) industry. But that the initial public offering of a company can be derailed by the suspension of a licence...

A final investment decision (FID) on Petroliam Nasional Bhd's (Petronas) second floating liquefied natural gas (FLNG) project for the Rotan field in Block H, offshore Sabah will be made in the second half of the year, according to local news reports.

Dutch company Vopak and Swedish gas firm Swedegas are to establish a new LNG terminal at the Port of Gothenburg, supplying LNG to both shipping and industry.

Transportation is intertwined with energy and patterns of consumption and trade are dynamic, with early July offering two vivid examples: the Canadian oil train tragedy and plans for a floating LNG terminal close to the New York harbour.

Greek shipowners committed at least $5.5bn to ship newbuilding projects in the first six months of 2013. Some $3.634bn has been invested in signed projects with $1.3bn committed to options and contracts set to be signed. Though it is becoming...