By Karolin Schaps, Christoph Steitz and Vera Eckert LONDON/FRANKFURT (Reuters) – Banks ING and Societe Generale are in talks with traders to test liquefied natural gas (LNG) trading based on blockchain, the technology starting to shake up the traditional energy industry. Blockchain, which originates
A Vietnamese-flagged ship identified as MV Phu An 268 managed to escape pirate hands while sailing through Philippine waters on Sunday, March 5. Namely, a boat with six men started tailing the general cargo ship on Sunday afternoon while it was sailing off Lihiman Island, the Philippines and attempt
OPEC Secretary General Mohammad Barkindo has praised Russia’s commitment to the oil production cuts Opec and Non-Opec had agreed in December 2016. Asked about Russia’s level of compliance the OPEC Secretary General this week confirmed Russia had said from the start that it wouldn’t immediately be ab
Monday 6 March saw the delivery of the purpose built 700 tonne Pile Installation Frame (PIF) to the Rhenus Logistics Facility in Rotterdam, ahead of deployment to the 588MW Beatrice offshore wind farm site in Outer Moray Firth, Scotland.
German cruise line AIDA Cruises has refuted the pollution accusations by environmental association Nature And Biodiversity Conservation Union (NABU) resulting from “undercover” air tests on the passenger deck of AIDAprima, which reportedly unveiled high loads of health-damaging ultra-fine particles
MPI Offshore’s wind turbine installation vessel MPI Discovery has arrived at the 400MW Rampion offshore wind farm and is getting ready to start installing first MHI Vestas turbines at the site.
MPI Offshore’s wind turbine installation vessel MPI Discovery has arrived at the 400MW Rampion offshore wind farm and is getting ready to start installing first MHI Vestas turbines at the site.
UK Chancellor Philip Hammond delivered the Spring Budget 2017 on 8 March, according to which the Levy Control Framework (LCF) will be replaced with new set of controls later this year.
Trends for liquefied natural gas (LNG) exports are becoming much more difficult to predict in long-term as the market is changing on a monthly basis, according to Charif Souki, the former head and founder of U.S. LNG export player Cheniere Energy.
Italian oil and gas company Eni agreed to sell its 25 percent interest in gas-rich Area 4 block offshore Mozambique to ExxonMobil for a cash price of approximately US$2.8 billion.
Japan’s average price of spot liquefied natural gas (LNG) that was contracted in February edged up to US$8.5 per mmBtu, the Ministry of Economy, Trade and Industry (METI) said on Thursday.
France’s LNG player Engie, through its unit, GDF International, proposed to shed its shareholding in India’s largest importer of liquefied natural gas, Petronet LNG.
Sonatrach of Algeria is reportedly set to extend the liquefied natural gas supply deals it has with the French utility and LNG player Engie.
Offshore service vessel provider Farstad Shipping has taken delivery of the light construction/inspection, maintenance, and repair (IMR) vessel Far Superior from Vard Group. Farstad said on Thursday that the vessel of a Vard 3 17 design was delivered on Wednesday, March 8. The Far Superior was const
