The U.S. Federal Energy Regulatory Commission (FERC) has released a draft environmental impact statement (DEIS) for the Oregon LNG terminal and pipeline project on Wednesday. The DEIS concludes that construction and operation of the Oregon LNG terminal and pipeline project would result in some adver
The U.S. Federal Energy Regulatory Commission (FERC) has released a draft environmental impact statement (DEIS) for the Oregon LNG terminal and pipeline project on Wednesday. The DEIS concludes that construction and operation of the Oregon LNG terminal and pipeline project would result in some adver
Mid-year trade report from the U.S. Commerce Department shows that the oil and natural gas industry continues to drive U.S. economic gains in 2015, a trend that could accelerate under free trade policies, the American Petroleum Institute (API) said on Wednesday. “Despite a very competitive global ma
Mid-year trade report from the U.S. Commerce Department shows that the oil and natural gas industry continues to drive U.S. economic gains in 2015, a trend that could accelerate under free trade policies, the American Petroleum Institute (API) said on Wednesday. “Despite a very competitive global ma
Gazprom Marketing & Trading, a unit of Russian gas giant Gazprom, said it has recently signed a USD 500 million syndicated revolving credit facility. The facility consists of a USD 400 million 364 day denominated multicurrency revolving credit tranche with GM&T as the borrower and a USD 100m single
Gazprom Marketing & Trading, a unit of Russian gas giant Gazprom, said it has recently signed a USD 500 million syndicated revolving credit facility. The facility consists of a USD 400 million 364 day denominated multicurrency revolving credit tranche with GM&T as the borrower and a USD 100m single
Iran and Azerbaijan are planning to expand their cooperation in oil and gas sectors under new international conditions, Iran’s deputy oil minister for international affairs and trade said. Amir Hossein Zamaninia made the remarks following a meeting between Iran’s Oil Minister Bijan Namdar Zanganeh a
Iran and Azerbaijan are planning to expand their cooperation in oil and gas sectors under new international conditions, Iran’s deputy oil minister for international affairs and trade said. Amir Hossein Zamaninia made the remarks following a meeting between Iran’s Oil Minister Bijan Namdar Zanganeh a
Oil & Gas UK together with Oil and Gas Authority (OGA) Thursday launched a new category for the sector’s ninth annual awards evening. Oil & Gas UK said that, in recognition of the industry’s current drive for new, more efficient ways of working, the new Oil and Gas Authority MER UK Award will recogn
Maersk Supply Service has taken delivery of anchor handling tug supply vessel (AHTS) the Maersk Cutter. The company says that the vessel, delivered on August 5, is the last anchor handling tug supply vessel in a series of two delivered from Asenav in Chile. Maersk notes that like its sister vessel,
Lundin Petroleum, a Swedish independent oil and gas exploration and production company, has reported a profitable second quarter of the year with a net profit of $59.9 million, versus a $2.4 million loss for the second quarter of 2014. Revenues fell to $157.8 in the second quarter of 2015 from $225.
As oil prices entered a second steep slide a few weeks ago, bullish traders and analysts had hoped for a repeat of the sharp but short dip that occurred early in the year – a speculative slide below $50 (32.16 pounds) a barrel followed by a quick recovery.
Offshore drilling contractor Rowan reported net income of $84.7 million in the second quarter of 2015 compared to $32.8 million the second quarter of 2014. Rowan’s revenues were $508.7 million in the second quarter of 2015, an increase of 20% over the prior-year quarter due primarily to the contribu
RenewableUK today highlighted the announcement that the next stage of the giant Dogger Bank offshore wind farm in the North Sea has gained planning consent from the Energy Secretary Amber Rudd. The Teesside project is equal in size to the world’s largest previously consented project, Dogger Bank Cre
