India-flagged tanker Distya Ameya has been removed from the UN Security Council’s blacklist initially included amid measures aimed at preventing attempts to “illicitly export crude oil from Libya.” The ship had attempted to transport some 650,000 barrels of crude oil shipped by the country’s eastern
The emergence of US LNG as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices, Fitch Ratings says. The first shipment of US liquefied n
The load-out of the jacket for the Burbo Bank Extension offshore wind farm’s substation took place on 11 May at Smulders’ Hoboken yard, the company reported. The jacket, weighing 985 tonnes, was transported by the Matador 3 from the dry dock to the Engie Fabricom yard, where it was placed on a ponto
Germany’s Rostock Port Warnemünde had a busy Wednesday last week, welcoming three large cruise ships, Regal Princess, Costa Luminosa and Celebrity Silhouette. The arrival of the three cruise ships followed that of AIDAprima on April 28, which marked the opening of the cruise season at the port. The
Oil prices fell by around one percent on Friday as a stronger dollar weighed and Russia warned that a global crude supply overhang could last into next year.
The UK Energy Bill introduced in July 2015 has received royal assent, marking the formal establishment of the Oil and Gas Authority (OGA). The Government said on Wednesday that the Energy Act is designed to help drive forward the government’s energy goals and commitments which further implies greate
Oslo-based LNG shipping company, Awilco LNG, reported a first quarter freight income of US$8.9 million, down from $12.1 million in the same quarter the previous year.
ArcelorMittal Mining Canada on Friday said it has been awarded a CAD$4.5m grant from the Québec government to enable its pellet plant in Port-Cartier enabling the furnace to cook pellet using LNG and a reduced amount of conventional fuel oil.
Japan’s price of spot liquefied natural gas cargoes arriving in April hit a new low reaching US$5.8 per mmBtu on DES basis.
Shell has shut production from its oil platform in the U.S. Gulf of Mexico offshore Louisiana following an oil leak. Federal regulator the Bureau of Safety and Environmental Enforcement (BSEE) on Thursday said it was responding to a two mile by thirteen mile sheen in the Gulf of Mexico, approximatel
Origin Energy of Australia has reportedly hired Macquarie Capital to advise on possible spin-off of it gas production businesses.
US-based LNG engineer Black & Veatch on Thursday said it has named Ed Walsh, President of the company’s power business to its board of directors.
Cheniere Energy on Thursday informed its unit, Cheniere Corpus Christi Holdings, has priced and upsized the offering of senior secured notes due 2024.
Changfeng Energy, a natural gas utility in China on Thursday said it has opened the LNG and CNG station in Sanya City, Hainan Province.