Klaipedos Nafta, the operator of the first Lithuanian LNG terminal informed that sales revenues from the import facility reached €6 million, 11.1 percent up on €5.4 million in the same month last year.
Offshore drilling contractor Hercules Offshore, which in November last year emerged from Chapter 11 bankruptcy, posted a net loss for the quarter as well as lower revenues. The drilling contractor reported a net loss of $26.9 million, on revenue of $50.9 million for the first quarter 2016, compared
By Henning Gloystein SINGAPORE (Reuters) – Oil prices dipped on Friday, dragged down by a surging dollar that at least temporarily outweighed supply disruptions in North America, where a massive wildfire was threatening Canada’s huge oil sands operations. The dollar firmed against the euro and yen o
The Woodlands, Texas-based NextDecade on Thursday informed it has filed an application with the U.S. Federal Energy Regulatory Commission for authorization to site, construct and operate Rio Grande LNG export facility near Brownsville.
Clean Energy Fuels revealed it has delivered 15.4 million gallons of LNG in the first three months of 2016 compared to the 18.3 million delivered in the same period in 2015.
LNG Canada on Thursday said it is beginning engineering and planning work on Cedar Valley Lodge.
Gardline Geosurvey and Neptune have teamed up, and integrated their vessel and ROV services. The deal will see Gardline’s DP2 multi-role survey vessel, the MV Kommandor, enhanced with the permanent installation of Neptune’s Explorer 06 100HP ROV. According to a statement on Friday, the ROV integrati
The United States-European Union Energy Council met on Wednesday in Washington discussing energy security in Europe and the United States.
By Karolin Schaps LONDON (Reuters) – Britain’s largest energy supplier Centrica <CNA.L> announced a surprise share sale on Thursday to pay off debt, showing its determination to protect its credit rating after being hit hard by weak energy prices and tough retail market competition. The British Gas
TransCanada Corporation said on Thursday it has received the last two of ten pipeline and facilities permits required from the BC Oil and Gas Commission for the Coastal GasLink pipeline project. The project now has approval for construction and operation of the proposed pipeline and related faciliti
The string of attacks in the Gulf of Guinea continues as pirates attempted to board a tanker earlier today while underway some 36 nautical miles south west of Bayelsa coast, Nigeria. Specifically, a group of armed pirates in a speedboat chased and fired upon a tanker underway, the Maritime Trade and
A report by European Commission’s Joint Research Centre reveals that LNG as fuel, together with methanol, is the fuel best suited for the decarbonisation of the shipping sector. Alternative fuels have already entered the market with shipbuilders, engine manufacturers and classification societies int
A product tanker identified as Tamaya 1 has beached ashore near Robertsport, northern Liberia coast, Liberia Maritime Authority confirmed to World Maritime News. Based on the reports from Liberia Radio, the 1980-built 1,441 DWT ship washed ashore on May 4th without anybody on board. It is not known
FPSO operator Bluewater has received a contract cancellation from Nexen for the FPSO Aoka Mizu producing from the Ettrick field in the North Sea. According to Bluewater, production from the field will cease on June 1, 2016 and decommissioning of the vessel will start from that date. Redeployment opp
