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Top news of the week January 2-7
News

Top news of the week January 2-7

Report: Asia becoming largest importer of U.S. LNG Cheniere’s Sabine Pass LNG terminal in Louisiana shipped nine liquefied natural gas cargoes to Asian countries during December. Chevron resumes production at Gorgon LNG Train 1 US-based energy giant Chevron resumed production at the first liquefacti

about 9 years ago
REN: Portugal’s natural gas consumption hits 5-year high
News

REN: Portugal’s natural gas consumption hits 5-year high

Redes Energéticas Nacionais (REN), the operator of the Sines LNG terminal, said that last year’s natural gas consumption in Portugal reached the highest value since 2011. Portugal’s natural gas consumption hit 11,571 GWh in 2016, down just 3.4 percent from the all-time high recorded in 2010, REN sai

about 9 years ago
Platts: Oil stock overhang could disappear by 3Q 2017
News

Platts: Oil stock overhang could disappear by 3Q 2017

With 2016 behind us, energy intelligence groups have begun dishing out their takes on the energy sector for 2017. One of them, S&P Global Platts, an independent provider of information and benchmark prices for the commodities and energy markets, has shared its view on what to watch this year when it

about 9 years ago
Asian winter temperature drops boost LNG demand
News

Asian winter temperature drops boost LNG demand

Demand for LNG and thermal coal for power generation in North Asia has risen on the back of low winter temperatures.

about 9 years ago
Oil prices post gains on OPEC hopes, but doubts linger
News

Oil prices post gains on OPEC hopes, but doubts linger

Oil prices edged higher on Friday as output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases aimed at curbing global oversupply.

about 9 years ago
Pilbara Ports Authority Handles More in December 2016
News

Pilbara Ports Authority Handles More in December 2016

Australia’s Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 60.5 million tons (Mt) for the month of December 2016, an increase of 12% from the same month in 2015. The Port of Port Hedland achieved a monthly throughput of 44.5Mt, representing a rise of 17% from the previous

about 9 years ago
Port of Milford Haven Acquires Site at Wards Yard
News

Port of Milford Haven Acquires Site at Wards Yard

The Port of Milford Haven in the UK has completed the acquisition of the site at Wards Yard, Castle Pill, to ensure it is protected for future investment and development. The site is located directly facing the Waterway and could form an extension of Milford Waterfront. However, there are no immedia

about 9 years ago
Gallery: Gulf of Mexico platform fire
News

Gallery: Gulf of Mexico platform fire

Following a fire on an oil platform in the U.S. Gulf of Mexico on Thursday, which has now been put out, the U.S. Coast Guard has released the photos of the firefighting operations. To remind, the Ship Shoal 266 A platform owned by Renaissance Offshore caught fire around early morning on Thursday. Th

about 9 years ago
Wind Innovation Assumes Position at Veja Mate
News

Wind Innovation Assumes Position at Veja Mate

C-bed’s floating hotel Wind Innovation has started 2017 by heading off to the German North Sea and starting a new charter on the 402MW Veja Mate offshore wind farm. The new project is located 95 kilometres off Borkum Island. In total, the wind farm will comprise 67 Siemens 6MW turbines. The project

about 9 years ago
Dril-Quip buys offshore equipment provider OPT for $20M
News

Dril-Quip buys offshore equipment provider OPT for $20M

Dril-Quip has acquired offshore equipment provider OilPatch Technologies (OPT) for approximately $20 million. Based in Houston, OPT provides offshore riser systems and components, proprietary threaded connections and other products, with a focus on deepwater Spar and TLP Systems. Blake DeBerry, Pres

about 9 years ago
Oak Spirit Delivers First US LNG to Japan
News

Oak Spirit Delivers First US LNG to Japan

Oak Spirit, a liquefied natural gas (LNG) carrier, delivered the first cargo produced in the contiguous United States (US LNG) to Joetsu LNG Terminal of Chubu Electric Power Company in Japan on January 6, 2017. Jera, a joint venture created by Japan-based electric companies Tepco and Chubu Electric

about 9 years ago
USA: West Coast senators want permanent offshore drilling ban
News

USA: West Coast senators want permanent offshore drilling ban

U.S. Senators Maria Cantwell and Patty Murray from Washington, supported by their Californian and Oregonian colleagues, have introduced an act to permanently ban offshore drilling on the U.S. Pacific Coast. According to a statement issued on Thursday, the legislation, first introduced in 2010, would

about 9 years ago
Vroon sheds emergency rescue and recovery vessel
News

Vroon sheds emergency rescue and recovery vessel

Dutch shipping company Vroon has sold one of its emergency rescue and recovery vessels to an unknown buyer. According to information provided by VesselsValue, Vroon sold the VOS Northwind ERRV on Tuesday, January 3, for an undisclosed sum. The vessel was built by Japanese Shimoda Dock Yard in 1972 a

about 9 years ago
Belgium to receive reloaded UK LNG cargo?
News

Belgium to receive reloaded UK LNG cargo?

Belgium’s Zeebrugge liquefied natural gas (LNG) terminal is set to receive a reloaded cargo from the Grain terminal in the UK, at least that is what the shipping data currently shows. The 74,500-cbm GDF Suez Global Energy, owned by French utility and LNG player Engie, is expected to deliver the relo

about 9 years ago
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