European Union is targeting increase in liquefied natural gas imports, exploiting its diversification potential.
Malaysian LNG shipper MISC posted on Wednesday a 15 percent rise in third-quarter revenue as a result of higher petroleum freight rates.
Swedish oil company Lundin Petroleum has reported a net loss of $201.6 million for the third quarter of 2015. This is a drop from 4.3 million earned in the corresponding quarter of 2014. Revenue fell to $154 million, down from $189.2 million a year ago. Production rose to an average of 36.000 boepd,
Tidal energy developments will provide a significant opportunities for the fishing sector in North Wales according to a recent Marine Services Supply Chain Study. Menter Môn is the third party manager for the Anglesey Tidal Demonstration Zone and commissioned the study in order to identify local sup
The navigation bridge and the deck below have separated from the sunken El Faro cargo ship, which has been confirmed to be found at a depth of about 15,000 feet in the vicinity of the ship’s last known position, according to the latest update. The subsequent survey of the wreckage with a CURV 21, a
The European Investment Bank informed it has signed a EUR 40 million loan with Greece’s natural gas grid operator, DESFA.
Australia is to look into offshore wind power said Environment Minister Greg Hunt earlier this week at Bloomberg New Energy Finance conference in Shanghai. “We will try to facilitate offshore wind. There are some significant opportunities that are close to the electricity backbone and I think there
Australia is to look into offshore wind power said Environment Minister Greg Hunt earlier this week at Bloomberg New Energy Finance conference in Shanghai. “We will try to facilitate offshore wind. There are some significant opportunities that are close to the electricity backbone and I think there
The Alaska State Senate passed a bill to buyout TransCanada’s interest in the Alaska LNG project by a vote of 16 to 3.
Petrobras has announced that the strike coordinated by the oil workers’ unions is affecting its operations. Brazil’s largest oil workers’ union, FUP, started the strike on Sunday, November 1, 2015, protesting against attempts by the government to shrink the state-run Petrobras. According to Petrobra
Wärtsilä has appointed Javier Cavada Camino as president of Energy Solutions, executive vice president and member of the board of management of Wärtsilä Corporation, effective 4 November 2015.
Australian LNG player Santos informed that it has made a gas discovery at the Cougar East-1 well.
The Chairman of Sonangol, Francisco de Lemos Maria, today met Eni’s CEO, Claudio Descalzi, in Rome.
With construction underway on Burbo Bank Extension, DONG Energy required the delivery and installation of two 200-tonne transformers at the onshore substation, which was done by Collett, a UK company specializing in Heavy Haulage, Heavy Lift, Marine Agency and Transport Consulting. SDV UK Ltd called
