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News

South Korea to Recover Sewol Wreck in Early April
News

South Korea to Recover Sewol Wreck in Early April

The wreck of the Sewol ferry, which sank almost three years ago with over 300 people on board, may emerge from the water by April 5, South Korea’s Ministry of Oceans and Fisheries (MOF) said. The 6,825-ton ship sank off Jindo Island on April 16, 2014, killing 304 people, 250 of which were high schoo

about 9 years ago
Richard Slater retires from KBR’s board
News

Richard Slater retires from KBR’s board

Houston-based LNG engineer KBR said that Richard Slater will retire from the company’s board of directors effective May 17, 2017.

about 9 years ago
Tellurian paves road for $200 mln share offering
News

Tellurian paves road for $200 mln share offering

Tellurian signed a distribution agency agreement with Credit Suisse Securities to list company shares on the Nasdaq capital market for total proceeds of up to US$200 million.

about 9 years ago
Petrobras ordered to restart asset sales
News

Petrobras ordered to restart asset sales

Brazilian court has ordered the state-owned oil company Petrobras to restart its assets sale program, meant to help the company reduce its massive debt, except for two projects. Brazil’s Federal Accounting Court (TCU) on Wednesday overturned an injunction from December last year that had prevented P

about 9 years ago
New Western Australia Petroleum Minister named
News

New Western Australia Petroleum Minister named

Peter Tinley has been appointed by incoming West Australian premier Mark McGowan as new Mines and Petroleum Minister following Labor’s win in Saturday’s election. Western Australia is the home to several giant liquefied natural gas (LNG) projects including Chevron’s Gorgon and the Woodside-led North

about 9 years ago
Spain: Still No Deal on Port Reform Model between Dockers and Gov’t
News

Spain: Still No Deal on Port Reform Model between Dockers and Gov’t

No deal on the port reform model has been reached between Spanish stevedores and the government as the country’s Ministry of Public Works and Transport has not scheduled a meeting for this purpose. Only a technical meeting has been convened between the legal services of port companies’ association A

about 9 years ago
UPS expanding LNG-fueled fleet
News

UPS expanding LNG-fueled fleet

UPS plans to add 50 liquefied natural gas (LNG) vehicles to its fleet as part of a US$90 million investment in natural gas.

about 9 years ago
Containerships plans additional investment in LNG technology
News

Containerships plans additional investment in LNG technology

Finnish shipping company Containerships is aiming to continue its growth through investment in LNG technology during 2017.

about 9 years ago
BPA: UK Needs Frictionless Trade Deal with EU after Brexit
News

BPA: UK Needs Frictionless Trade Deal with EU after Brexit

British Ports Association (BPA) has called for a frictionless trade agreement between the UK and EU following Brexit. According to BPA’s Chief Executive Richard Ballantyne, probably the number one Brexit related concern from the ports sector is facilitation, with potential major challenges on Ro-Ro

about 9 years ago
Oil jumps off lows, IEA sees H1 deficit after OPEC cuts
News

Oil jumps off lows, IEA sees H1 deficit after OPEC cuts

By Edmund Blair LONDON (Reuters) – Oil prices climbed more than $1 on Wednesday, lifted by a surprise drawdown in U.S. inventories and data from the International Energy Agency (IEA) suggesting OPEC cuts should create a crude deficit in the first half of 2017. “For those looking for a rebalancing of

about 9 years ago
Australian PM secures Gladstone LNG projects’ support to domestic gas market
News

Australian PM secures Gladstone LNG projects’ support to domestic gas market

Australia’s prime minister Malcolm Turnbull has secured commitments from two of the three Curtis Island LNG projects to contribute to the domestic gas market.

about 9 years ago
42 Nobelwind Turbines Installed, 8 to Go
News

42 Nobelwind Turbines Installed, 8 to Go

42 out of 50 MHI Vestas V112-3.3MW turbines have been installed at the 165MW Nobelwind offshore wind farm in the Belgian North Sea, Parkwind, the developer and part owner of the wind farm, reports.

about 9 years ago
Interview: European LNG terminal owners looking for new ways to boost utilization
News

Interview: European LNG terminal owners looking for new ways to boost utilization

European liquefied natural gas (LNG) import terminal operators are constantly searching for new ways to improve capacity utilization and make it commercially viable for their customers to bring more of the chilled fuel to the continent, Stefaan Adriaens, Commercial Manager at the Dutch Gate terminal

about 9 years ago
Trinidad’s LNG production down 9 pct in Jan
News

Trinidad’s LNG production down 9 pct in Jan

Trinidad and Tobago’s liquefied natural gas (LNG) production has dropped again due to ongoing gas supply shortfalls in the country. LNG production at the Point Fortin liquefaction and export facility was down 8.7 percent in January year-on-year to 2.2 million cubic meters, according to the data by T

about 9 years ago
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