Oil giant Royal Dutch Shell is reportedly in talks to sell some of its North Sea assets following completion of its takeover of a rival oil and gas producer, BG Group, that made Shell one of the world’s largest foreign stakeholders in Brazilian deepwater oil fields. According to The Sunday Times, th
Dutch cargo ship Abis Bergen ran aground on Saturday, March 26th at the entrance of the German port of Rostock blocking the access to the port while its captain was under the influence of alcohol. According to the German water police, during the investigation on board, it was found that the captain’
The leading issue of European ports is still air quality which remains the number one environmental priority of the ports, as it was in 2013, according to the European Sea Ports Organization’s (ESPO) 2016 environmental review. “This is fully in line with the priority given to the subject at EU polit
The government of Israel has indicted six people for their involvement in a corruption case tied to one of the country’s two main cargo ports, the port of Ashdod, according to Israeli newspaper Haaretz. Among the people charged for bribery, extortion and money laundering in the period from 2010 to 2
MILAN/LONDON (Reuters) – Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the matter said. Exxon is seen as a front-runner to buy into Eni’s gas development and this would be the U.S. firm’s first [
Noble Energy, a U.S.-based oil and gas company, has said that the development of the Leviathan gas find in the Mediterranean Sea could risk further delays after the Supreme Court of the State of Israel’s ruling that blocked a crucial provision of the plan to develop the field. Namely, Noble Energy w
The Egyptian Natural Gas Holding Company (EGAS) has reportedly managed to secure the two LNG cargoes for delivery in Aril despite initial difficulties.
The Energy Atlantic LNG carrier, which was scheduled to pick up the first cargo from Cheniere’s Sabine Pass liquefaction and export plant, has finally docked at the facility located along the Sabine Pass River on the border between Texas and Louisiana. The 160,000 cbm tanker has been idle offshore t
China has launched a new research vessel ‘Zhang Jian’, designed as a mother vessel for ‘Rainbow Fish’ submersible. According to Shanghai Ocean University, the vessel is 97 meters long, and 17.8 meters wide. The vessel has been financed in total by private sector. Zhang Jian is scheduled to depart on
The United States Federal Energy Regulatory Commission issued a draft environmental impact statement for the proposed Golden Pass LNG export project located on the Sabine-Neches Waterway in Jefferson County, Texas.
After the UK government revealed that the oil and gas industry would be aided by tax cuts worth £1 billion, Douglas-Westwood, an energy consultancy group, has raised a question whether this is too little too late. On March 16th, the UK government effectively abolished the Petroleum Revenue Tax (PRT)
World’s largest oilfield services provider, Schlumberger, and Cameron International Corporation jointly announced on Friday that Chinese Ministry of Commerce (MOFCOM) has cleared their proposed merger without any conditions. MOFCOM approval represents the last major closing condition to the proposed
MILAN/LONDON (Reuters) – Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the matter said. Exxon is seen as a front-runner to buy into Eni’s gas development and this would be the U.S. firm’s first [
Russia’s oil company Rosneft and Germany’s Siemens AG signed a cooperation and partnership agreement that will allow them to cooperate in developing solutions for offshore and onshore fields. The document was signed by Rosneft Chairman of the Management Board Igor Sechin and Siemens AG Chairman of t
