Japan’s imports of liquefied natural gas dropped 2.7 percent in November as compared to the same month a year ago. The world’s largest buyer of the chilled gas imported 6.69 million tonnes of LNG last month, preliminary data from Japan’s Ministry of Finance reveals. Japan paid 379,385 million yen fo
Oil and gas output in November for the Brazilian state-owned oil giant Petrobras has dropped due to a strike by the oil workers during the month. Average oil and natural gas output in Brazil and other countries in November was 2.71 million boed, down 1.8% from 2.76 million boed in October, due to sh
Australian LNG-player Woodside on Thursday revealed its expenditure for the calendar year will be US$170 million lower than initially estimated in February.
Oil Search, a company with a 29 percent stake in the ExxonMobil-operated PNG LNG project said its non-executive director Fiona Harris will resign from her post with immediate effect due to health issues.
The board of directors of France’s oil giant Total elected Patrick Pouyanné, who has been Chief Executive Officer of Total since October 22, 2014, and director since May 29, 2015, Chairman of the Board of Directors. As announced on October 22, 2014, Total explained, Pouyanné becomes Chairman and Chi
The United States Federal Energy Regulatory Commission issued an update on the environmental review progress for Annova LNG’s proposed 6 mtpa export project on the southern bank of the Brownsville ship channel, in Cameron County, Texas.
As Capesize asset values hit their 16-year lows amid weak dry bulk fundamentals and partly driven by very weak sentiment over the near-term future for vessel earnings, the first quarter of 2016 is expected to be characterized by a seasonal lull keeping earnings down. However, freight rates are expec
Blue Water Shipping has signed a five-year terminal contract covering all logistics on Bilfinger Mars Offshore’s new fabrication site n Szczecin, Poland, including operation of a state-of-the-art gantry crane, handling of components and stevedoring. Bilfinger Mars Offshore, which provides offshore f
Germany’s DEA Deutsche Erdoel AG has , through its Norwegian subsidiary DEA Norge AS, completed the acquisition of E.ON E&P Norge AS, thus expanding its presence in Norway’s oil and gas industry. According to the company, the Norwegian Ministry of Petroleum and Energy and the Ministry of Finance, as
The global marine port and service industry is forecast to grow at a Compound Annual Growth Rate (CAGR) of 4.7% from 2015 to 2020, according to a new report from Research and Markets. The major drivers of growth for this industry are set to be high growth of the marine freight transportation industr
GloMar Shipmanagement B.V. and GloMar Diving B.V. have been certified by Rina Services S.p.A. for their Quality & Safety Management systems (ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007). For a full week, Rina Services successfully audited both divisions on their quality management tools and p
The Maritime Union of New Zealand said it was concerned about the reduction in monitoring of international shipping by Maritime New Zealand, the Government agency responsible for ensuring a “safe, secure and clean” maritime environment. Less than half of “Priority 1” vessels (49%) coming into New Ze
A combined final event of the EU-funded LNG Masterplan for Rhine-Main-Danube project is taking place in the Port of Rotterdam.
SBM Offshore, the world’s largest provider of FPSO units, has informed that its floating, production, storage and offloading vessel (FPSO) Cidade de Maricá will depart shortly from the quayside to offshore Brazil. The FPSO arrived in Brazilian waters mid-June and berthed at the Niteroi, Rio de Janei
