Petronas has refuted allegations in news reports stating the company has deactivated 14 rigs and shut down 14 projects.
Work to rebuild eroded sand dunes along Semaphore Beach and stabilize the area with vegetation is officially underway, Government of South Australia reports. The Government’s Department for Environment and Water (DEW) has been working closely with the City of Port Adelaide Enfield and community repr
FSUE Hydrographic Company and Mordraga have signed an agreement for reconstruction of the Gulf of Ob seaway canal where the Novatek’s Utrenny terminal is being built, IAA PortNews reports. The limit price under the agreement is $504 million. According to IAA PortNews, the works will last for three y
Poland’s dominant gas firm PGNiG claims that Russian giant Gazprom has not reduced gas prices despite a court ruling last month. The arbitration tribunal in Stockholm ruled in March that Gazprom must pay PGNiG about $1.5 billion in a pricing dispute case. The court also ruled that a gas pricing form
Affected by coronavirus costs and provisions, Kvaerner sank to a loss in the first quarter of the year compared to a profit in the year-before quarter.
In order to support companies in Belgium’s Port of Antwerp during the coronavirus crisis, Antwerp Port Authority has agreed to let them delay payment of port dues for seagoing ships and barges.
The transition of the global shipping industry to fuels compliant with the IMO 2020 sulphur cap seems to be running smoothly with marginal non-compliance issues. According to the Port of Singapore, the world’s largest bunker hub and one of the largest trading hubs in the world, about 96% of the ship
New York State Office of General Services Commissioner, RoAnn Destito, last week announced the start of dredging at Blind Sodus Bay in Wayne County as part of the State’s $15 million REDI Regional Dredging Project. The initiative is addressing a backlog of projects at harbor navigation channels alon
Houston-based oil and gas company Vaalco Energy has received a continued listing warning from the New York Stock Exchange (NYSE).
Twenty port authorities from different parts of the world have signed a declaration calling for collaboration and sharing of best practices in ensuring port operations remain open to trade as part of the global efforts to fight the COVID-19 pandemic. Ports across the globe have been declared essenti
The Galveston District of the U.S. Army Corps of Engineers received a signed Chief of Engineers Report (Chief’s Report) for the proposed Houston Ship Channel (HSC) Expansion Project on April 23. Signed April 24 by Lt. Gen. Todd T. Semonite, USACE Chief of Engineers and Commanding General, the report
The UK’s oil and gas industry regulator, Oil and Gas Authority (OGA), has named two new non-executive directors to its board of directors.
A joint venture consisting of Chinese shipowner Cosco and energy giant CNPC is to order three liquefied natural gas carriers at Hudong Zhonghua Shipbuilding. The price for each of the 174,000 cubic meter LNG carriers is $185 million, according to a statement by Cosco Shipping Energy Transportation.
The U.S. Army Corps of Engineers’ Buffalo District conducted the annual Presque Isle beach walk at Presque Isle State Park in Erie, PA, on April 22, 2020. Data collected on the walk will help determine the scope of the District’s annual sand nourishment project at Presque Isle. The Presque Isle sand
