A Russian-flagged oil tanker has been seized by military forces pertaining to rival government in Libya as the ship’s crew reportedly tried to smuggle oil from the port of Zawara. “A Russian-flagged oil tanker was captured this afternoon when it tried to smuggle oil off Zawara,“ Twafik Alskir, a sen
Charif Souki, CEO of US LNG player Cheniere, sold 150,000 shares of the company’s stock on the open market in a transaction dated September 15. The shares were sold at an average price of US$54.24 for a total value of $8.1 million, according to an SEC filing. Souki now directly owns 3,750,089 shares
Royal Dutch Shell’s $70 billion acquisition of BG Group has suffered a setback due to Australia’s competition watchdog delaying its final decision on the bid until November. Namely, the Australian Competition and Consumer Commission (ACCC) has released a Statement of Issues on the proposed acquisiti
Bahrain’s National Oil and Gas Authority revealed its plans to further develop the country’s oil and gas sector.
The Australian Competition and Consumer Commission voiced its concerns over issues on the proposed acquisition by Royal Dutch Shell of BG Group.
Offshore energy sector has seen continuous growth with 2015 capacity reaching around $7 billion, said Simon Williams, Chairman of The International Union of Marine Insurance’s (IUMI) offshore energy committee during this year’s IUMI conference in Berlin. However, Williams cautioned that $5.5 billion
Gladstone Ports Corporation has concluded port services agreements with Queensland’s LNG exporters, paving the way for a ramp up of LNG shipments from Curtis Island.
Japan’s imports of liquefied natural gas rose 0.2 percent in August as compared to the same month a year ago. The world’s largest buyer of the chilled gas imported 7.06 million tonnes of LNG last month, preliminary data from the Ministry of Finance reveals. Japan paid 414,973 million yen for imports
The first X-STERN™ is currently being mounted on the first of two newbuilds to serve the offshore wind service industry. The vessels will be operated by Windea Offshore. Yno 309 and 310 are scheduled for delivery from Ulstein Verft in 2016 and 2017. In addition to being the first vessels from Ulstei
The first X-STERN™ is currently being mounted on the first of two newbuilds to serve the offshore wind service industry. The vessels will be operated by Windea Offshore. Yno 309 and 310 are scheduled for delivery from Ulstein Verft in 2016 and 2017. In addition to being the first vessels from Ulstei
Regulatory failure remains the biggest risk to a more competitive eastern Australia gas market, the Australian Petroleum Production & Exploration Association has warned.
UK-based marine services provider Viking SeaTech said it has recently secured a three-year contract with Australian LNG player Woodside.
Gazprom’s CEO Alexey Miller and Rovnag Abdullayev, President of SOCAR met on Tuesday in St. Petersburg to discuss bilateral cooperation in the energy sector. The point of the meeting was to resume natural gas supplies to Azerbaijan by Gazprom, Russian gas giant said in a statement. According to the
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) has developed a next generation hull platform for Floating Production, Storage and Offloading system and it has been granted Approval In Principle (AIP) by American Bureau of Shipping. According to its press release, MES has been developing the Hull
