Gazprom’s deputy chairman Vitaly Markelov and PetroVietnam’s BoD Chairman Nguyen Quoc Khanh discussed a possibility of supplying liquefied natural gas to Vietnam, in Hanoi on Tuesday.
Activities at Belgian seaports are continuing as usual, according to the latest update from GAC Belgium, following the explosions that rocked the country’s capital earlier this morning. Brussels Airport is closed and all incoming flights have been diverted to other European destinations, after two b
French LNG player Engie on Monday revealed its unit GDF Suez Trading has been renamed Engie Global Markets.
The UN Security Council has decided to remove four ships from its blacklist of North Korean vessels following a request from China. The Council said on Monday that the vessels in question are not economic resources controlled or operated by North Korean shipping company Ocean Maritime Management and
BG Egypt has suspended work at some development projects in Egypt after the company was unable to reach agreement over the price of gas with the government, an official at the Egyptian General Petroleum Corp (EGPC) told Reuters on Tuesday.
Gabon has extended the bid submission deadline for the 11th Gabon Deep Water Licensing round, which was formally opened on October 27th 2015. According to information shared by the French seismic company CGG, the bids extension was announced at the 6th African Petroleum Congress & Exhibition in Abuj
Conflicts and tensions in the Middle East, Far East and North and sub-Saharan Africa pose a real threat to the maritime environment and some of the world’s most important shipping lanes, maritime security company MAST warns. “Concern over the decision to reduce the High Risk Area (HRA) in the wester
Gulf Marine Services, a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas industry, has posted a 12% rise in revenues for 2015 compared to the year-before. The company’s revenues for 2015 increased from $196.6 million in 2014 to $219.7 million in 2015. D
The Panama Canal Authority (ACP) has released advisory to shipping containing a draft restriction for all shipping agents, owners and operators due to a lower water level of the Gatun Lake. Effective April 18, 2016, the maximum authorized transit draft is to be set at 11.89 m Tropical Fresh Water (T
Oman’s rising domestic demand for power generation has forced the country to reschedule about 5 percent of LNG shipments in 2016.
VLCC, Suezmax, Aframax and product tanker rates are expected to rebound in the second quarter of 2016 supported by oil market fundamentals’ recovery, according to Tanker Freight Forecaster from Maritime Strategies International. Though last month saw a fall in VLCC spot earnings, rates are set to ri
US-based LNG equipment maker Chart Industries said Monday it has named Kenneth J. Webster as the company’s vice president and chief financial officer (CFO). Webster is succeeding retiring CFO Michael F. Biehl, and will start in his new role as of April 15th, Chart said in its statement. Webster join
Finland’s Wärtsilä has informed that its Ship Design unit has entered into a cooperation agreement with Shanghai Merchant Ship Design & Research Institute (SDARI), China-based ship design house. SDARI is a part of the China State Shipbuilding Corporation group (CSSC). According to Wärtsilä, the agre
Patrick Pouyanné, Chairman and CEO of French oil company Total, has signed a strategic cooperation agreement with Wang Yilin, Chairman of China National Petroleum Company (CNPC). The agreement to extend the two companies’ existing collaboration was signed while Pouyanné was attending the China Devel
