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News

Ministers Pradhan and Perry talk US-India LNG cooperation
News

Ministers Pradhan and Perry talk US-India LNG cooperation

India’s minister of petroleum and natural gas, Dharmendra Pradhan discussed LNG cooperation with the newly appointed US Energy Secretary Rick Perry in Washington.

about 9 years ago
Gunmen Attack Bulker off Nigeria
News

Gunmen Attack Bulker off Nigeria

A bulk carrier was attacked off Nigeria on March 8 when seven gunmen approached in a skiff and fired upon the ship underway. The attack occurred around 106 nautical miles southwest of Bayelsa Coast, according to data provided by the International Chamber of Commerce (ICC) International Maritime Bure

about 9 years ago
MPI Discovery Installs First Rampion Turbine
News

MPI Discovery Installs First Rampion Turbine

MPI Offshore’s jack-up vessel MPI Discovery installed the first of 116 3.45MW MHI Vestas wind turbines at the 400MW Rampion offshore wind farm off Sussex in the early morning hours of Friday, 10 March.

about 9 years ago
Report: Gazprom delays Baltic LNG start
News

Report: Gazprom delays Baltic LNG start

Russia’s Gazprom has delayed the launch of its planned Baltic liquefied natural gas facility to 2022-2023.

about 9 years ago
Imports at Top US Container Ports Set to Rise Despite Situation in Washington
News

Imports at Top US Container Ports Set to Rise Despite Situation in Washington

Despite developments in Washington, imports at the major US retail container ports should see double-digit year-over-year increases for the next two months as a growing economy drives the demand for affordable merchandise, according to the monthly Global Port Tracker report released by the National

about 9 years ago
Oil edges off three-month low, but glut worries fester
News

Oil edges off three-month low, but glut worries fester

By Aaron Sheldrick TOKYO (Reuters) – Crude prices inched up on Friday after dropping to their lowest in more than three months the session before, pressured by concerns that a global supply glut is proving stubbornly persistent. U.S. West Texas Intermediate crude (WTI) <CLc1> was up 17 cents, or 0.4

about 9 years ago
Shell CEO urges switch to clean energy as plans hefty renewable spending
News

Shell CEO urges switch to clean energy as plans hefty renewable spending

HOUSTON (Reuters) – The oil and gas industry risks losing public support if progress is not made in the transition to cleaner energy, Royal Dutch Shell Plc Chief Executive Ben van Beurden said on Thursday. The world’s second largest publicly-traded oil company plans to increase its investment in ren

about 9 years ago
EIA: Henry Hub price climbs, one Sabine Pass LNG cargo shipped
News

EIA: Henry Hub price climbs, one Sabine Pass LNG cargo shipped

Natural gas spot prices in the U.S. increased in most locations in the week ending March 8, with the Henry Hub price rising 13¢ from last Wednesday, according to the weekly report by the Energy Information Administration. The Henry Hub spot price rose 9¢ from $2.60/MMBtu last Wednesday to $2.69/MMBt

about 9 years ago
Six fast supply vessels delivered for Petrobras charter
News

Six fast supply vessels delivered for Petrobras charter

The final six fast supply vessels (FSVs), designed by the Australian ship designer Incat Crowther, have recently been delivered to Baru Offshore, for charter with Petrobras. Incat said on Wednesday the vessels were the last of a dozen 48 meter-long DNV Classed DP-1 monohulls named the Baru Serrana,

about 9 years ago
USCG Issues BWM Extension Program Guide
News

USCG Issues BWM Extension Program Guide

The United States Coast Guard (USCG) has released a new guidance related to its Ballast Water Management (BWM) Extension Program, which grants an extension of a vessel’s compliance date to an owner/operator who proves that BWM compliance is not possible. Vessel owners/operators are obliged to comply

about 9 years ago
Statoil hits gas in Norwegian Sea
News

Statoil hits gas in Norwegian Sea

Norwegian energy giant and LNG operator Statoil made a minor gas find in the northern part of the Norwegian Sea and about 200 kilometers west of Sandnessjøen.

about 9 years ago
Shell to invest up to $1B in new energies, but energy transition won’t happen overnight
News

Shell to invest up to $1B in new energies, but energy transition won’t happen overnight

Oil and gas major Shell will invest up to $1 billion a year in new energies, according to CEO Ben van Beurden. This fits into Shell’s strategy to lower emissions. “Energy transition will take decades though,” said Van Beurden “and it will be different from country to country.” “Shell wants to play a

about 9 years ago
New Tonnage Record for Panama Canal
News

New Tonnage Record for Panama Canal

The Panama Canal set a new daily tonnage record in February 2017 of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the expanded and original locks, the canal authority said. The previous record was established the month prior in January 2017 when the ca

about 9 years ago
Spanish Dockworkers Delay Strike Plans for Another Week
News

Spanish Dockworkers Delay Strike Plans for Another Week

The planned strikes of Spanish dockworkers scheduled for tomorrow, March 10, March 13 and March 15 have been postponed, in yet another attempt of the country’s stevedores to reach a deal on the port reform model. The move follows the government’s announcement on delaying voting on the port reform fo

about 9 years ago
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