Hans Energy informed signed a letter of intent with an unnamed independent third party to construct and operate an LNG terminal in Guangdong Province, China.
Australian LNG player Santos said Thursday it has raised AU$1.17 billion from an institutional entitlement offer as the company tries to plug the debt holes caused by low oil prices. “The institutional component of the entitlement offer had strong support from Santos shareholders, with approximately
The Sustainable Energy Authority of Ireland (SEAI) has signed a Memorandum of Understanding with Apple to promote the development of ocean energy in Ireland. Apple has committed a €1 million fund that will help developers who receive an SEAI grant to test their ocean energy prototypes in the Galway
The Sustainable Energy Authority of Ireland (SEAI) has signed a Memorandum of Understanding with Apple to promote the development of ocean energy in Ireland. Apple has committed a €1 million fund that will help developers who receive an SEAI grant to test their ocean energy prototypes in the Galway
The Henry Hub natural gas spot price averaged $2.34/MMBtu in October, a decrease of 32 cents/MMBtu from the September price, according to the US Energy Information Administration. Warm weather at the end of October, strong inventory builds, continuing production growth, and expectations for a warm w
Oil & Gas UK, a body representing offshore oil and gas companies in the UK, on Wednesday published two documents to help operators and contractors plan and execute decommissioning activities more efficiently. The first document is an independent study commissioned by Oil & Gas UK on behalf of indust
Clean Energy Fuels informed it has reached an agreement with Ryder System to convert its Orange and Fontana stations to renewable natural gas.
Gas flow from the Nord Stream Line 2 pipeline in the Baltic Sea is yet to resume following the halt earlier this week after a potentially explosive object had been found in the vicinity. Nord Stream AG, the operator of the pipeline carrying Russian gas to EU, on Wednesday said that the Swedish Armed
SBM Offshore, a Dutch provider of floaters for the offshore oil and gas industry, has reported a fall in its directional revenue. In its third quarter 2015 update, the company said that year-to-date directional revenue came in lower at $2.1 billion versus $2.5 billion in the year-ago period. This wa
ConocoPhillips Chairman and CEO Ryan Lance has been elected chairman of American Petroleum Institute’s Board of Directors effective January 1, 2016. Furthermore, Phillips 66 Chairman and CEO Greg Garland has been elected chair of the Finance Committee. “Ryan Lance’s experience, knowledge and vision
Since 2008, Statoil has had the aim of reducing CO2 emissions on the Norwegian continental shelf (NCS) by up to 800 000 tonnes by 2020. The Norwegian oil and gas giant has said it is already close to achieving this goal. According to the Norwegian company, this comes four years ahead of time, and th
Offshore shipowners are currently underbidding for spot work and offering dayrates below opex for their PSV vessels. This is further weakening the already weak offshore vessels market, Island Offshore, a Norwegian offshore ship supplier, said in its 3Q results presentation. The PSV market is still s
National Grid informed on Wednesday it has opened a truck loading facility at its Isle of Grain LNG terminal in Kent.
Turkish-flagged general cargo ship Ahmet Akgul was arrested in the port Torre Annunziata, Italy, on November 9 due to an outstanding debt worth USD 300,000. The arrest was ordered by local district court on behalf of an American bunkering company for unpaid bunkering services, local media reports sa
