Daily Digest: January 30th, 2020

Anglo-Dutch major Shell reported dismal financial results for Q4 2019 trading, although operationally there were bright spots, particularly in Integrated Gas.

The Acorn carbon capture and storage (CCS) project will be operational by 2024, according to the CEO of offshore industry group Oil & gas UK, Deirdre Michie. 

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German utility Uniper is to close 2.9 GW of hard coal-fired generating capacity by no later than 2025, it said.

The Gazprom-operated NordStream 1 pipeline carried 58.5bn m³ to Europe in 2019, matching the volume in 2018.

UK Serica has stopped production from the Bruce, Rhum and Keith fields offshore UK while it repairs a damaged caisson discovered during an inspection of the Bruce platform, it said. 

UK-based Chrysaor has filed decommissioning plans for the Jupiter gas fields in the North Sea, the UK government reported on its website on January 29.

Finnish sate-owned utility Gasum has opened a new filling station in the eastern city of Kuopio, it said January 29.

Greek gas supply firm Depa has secured a €20mn ($22mn) loan from the European Investment Bank (EIB) to fund the construction of an LNG bunkering vessel, the EU lender said on January 28. 

Tajikistan is negotiating with Uzbekistan to increase gas import by 43% year-on-year to 200mn m3 in 2020, Tajiktransgas deputy CEO Shavkat Shoimzoda told local Asia-Plus on January 29.

Excelerate Energy and Engro Elengy Terminal have signed an initial agreement for the expansion of the LNG import terminal located in Port Qasim, Pakistan, Excelerate said January 29. 

Bahrain LNG, the developer and owner of the LNG receiving and regasification terminal in Bahrain, January 27 announced that it has completed the mechanical construction and commissioning of the terminal.

Singapore-based Atlantic Gulf and Pacific (AG&P) January 29 said it is expanding its portfolio of proprietary technologies for small-scale bunker vessels and LNG-to-power barges in response to the growing global demand for cleaner and cheaper fuel.

Sinanju Tankers Holdings January 29 said Singapore's first dual-fuel bunker tanker has joined its fleet.

Japan's first LNG-fuelled vessel, the tugboat Sakigake, on January 23 was supplied with LNG as fuel for the 100th time since the tugboat’s delivery in 2015, NYK, which owns the vessel, said January 29.

Oilex has signed a binding initial agreement with fellow Australian explorer Doriemus for the proposed sale of all of its interests in the Cooper-Eromanga basin, Oilex said January 29.

Cooper Basin joint venture partners Santos and Beach Energy have agreed to extend the ethane gas supply contract with Qenos, an Australian manufacturer of polyethylene and supplier of polymers, Santos said in a statement.

Halliburton Company has been awarded seven contracts for drilling and completion services for the next phase of field development of the Inpex-operated Ichthys project in the Browse Basin offshore northern Australia, it said January 28.  

Papua New Guinea’s first-ever dedicated grid-connected gas-fired power plant, Port Moresby power plant, was inaugurated on December 6 by country’s prime minister James Marape, Australian engineering firm Clough said on January 28 in a statement.

Pennsylvania-based Edge LNG has been selected by a large Marcellus basin producer to monetise gas at stranded wells in Tioga County, New York State, it said on January 29.

US dry gas output reached 92bn ft³/d (about 2.6bn m3/d) last year, 9.8% more than 2018, but it has potential to exceed 120bn ft³/d by 2050, the Energy Information Administration said January 29.