The government of the United Kingdom has decided to tackle substandard working conditions at sea by enforcing the provisions of the Modern Slavery Act, which came into force on 8 August. Law enforcement officers across the country will join the fight against modern slavery at sea as they will be all
This July was busiest for the Port of Oakland in last ten years. The port handled 223,619 TEUs, the most since it lifted 227,996 TEUs in 2006. The port’s total container volume jumped 8.8 percent from July of 2015. “The numbers are encouraging and with holiday shipments set to commence, this could b
Shell Petroleum Development Company, a Nigerian unit of Shell has declared force majeure on gas supplies to the giant Nigeria LNG export facility located on Bonny Island. “The Shell Petroleum Development Company of Nigeria Ltd (SPDC) declared force majeure on gas supply to NLNG on 8 August 2016, fol
The ranked top 25 global wind asset owners owned 170GW of grid-connected capacity at the end of 2015, comprising 41% of global cumulative capacity, a decline from 42% in 2014 and 47% in 2012, as global ownership continues to become more fragmented due to smaller owners outside of the top 25, accordi
UK’s Oil and Gas Authority (OGA) will be established as an independent regulator by the UK Government as of October 1, 2016. To remind, UK’s Energy Bill in July 2015 introduced the Oil and Gas Authority as an independent oil and gas regulator in the UK, and the regulator received the royal assent in
Despite challenging market conditions, global capital expenditure on FLNG facilities is forecast to total $41.6 billion over the 2016-2022 period, according to a report by Douglas-Westwood (DW). The protracted oil price downturn has impacted the sanctioning of capital intensive liquefaction units ov
RenewableUK has named Emma Pinchbeck as its new Executive Director, with the appointment effective as of mid-November. Pinchbeck, who will be responsible for leading RenewableUK’s vital policy and communication work, will be joining the organisation from WWF-UK where she is Head of Climate Change an
RenewableUK has named Emma Pinchbeck as its new Executive Director, with the appointment effective as of mid-November. Pinchbeck, who will be responsible for leading RenewableUK’s vital policy and communication work, will be joining the organisation from WWF-UK where she is Head of Climate Change an
Natural gas marketed production in the U.S. is expected to rise in late 2016 and through 2017 due to gas price increases and growing LNG exports, according to the Energy Information Administration (EIA). The agency said in its August Short-Term Energy Outlook that forecast natural gas production is
London-based LNG engineer Amec Foster Wheeler swung to an interim net loss, due to the oil and gas price downturn. Amec Foster Wheeler reported a pretax loss of 446 million pounds ($581.4m) in the six months ended June 30, compared with a pretax profit of 73 million pounds in the same period a year
UK’s trade union Unite has called for urgent talks with energy company Wood Group to avert further strike action in the North Sea after new strike dates had been set. To remind, Wood Group’s workers on Shell’s North Sea assets participated in two strike actions in a dispute over proposed cuts of up
After last week’s reports on crude oil patches discovered on beaches in Trinidad, Petrotrin, the national oil company said it has cleaned up the oil that washed ashore the beaches along the southwestern peninsula. On 2016 August 3 and 4, the state-owned oil company began the clean-up activities at M
Russian gas giant Gazprom posted on Wednesday a drop of 5.1% in its first-quarter net profit as operating expenses rose. Gazprom’s net profit of 362.3 billion roubles ($5.6 billion) in the first quarter dropped from 382.1 billion roubles in the corresponding period a year before. The Russian company
The western Canadian province of British Columbia on Tuesday granted an environmental approval for a proposed pipeline that will supply natural gas to the Woodfibre LNG project. Environment Minister Mary Polak and Natural Gas Development Minister Rich Coleman have issued the environmental assessment
