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BP struggling to sell Tangguh LNG’s train 3 capacity
News

BP struggling to sell Tangguh LNG’s train 3 capacity

Financing for BP’s planned third LNG at its Tangguh in West Papua, Indonesia, facility is still not completed as 1.3 million tonnes of the train’s capacity remain unsold.

about 11 years ago
BP struggling to sell Tangguh LNG’s train 3 capacity
News

BP struggling to sell Tangguh LNG’s train 3 capacity

Financing for BP’s planned third LNG at its Tangguh in West Papua, Indonesia, facility is still not completed as 1.3 million tonnes of the train’s capacity remain unsold.

about 11 years ago
Update: Lithuania could re-export LNG
News

Update: Lithuania could re-export LNG

Klaipedos Nafta, he operator of Lithuania’s LNG import terminal could turn to re-exporting the liquefied natural gas to global markets as the domestic demand drops during the summer months.

about 11 years ago
Update: Lithuania could re-export LNG
News

Update: Lithuania could re-export LNG

Klaipedos Nafta, he operator of Lithuania’s LNG import terminal could turn to re-exporting the liquefied natural gas to global markets as the domestic demand drops during the summer months.

about 11 years ago
White House Proposes Stricter Rules to Prevent Oil Spills
News

White House Proposes Stricter Rules to Prevent Oil Spills

The Obama administration has proposed tightened well control regulations aimed at ensuring better protection of both human lives and environment from oil spills. The proposal comes in response to the findings of investigations into the Deepwater Horizon spill that unleashed 3.19 million bbl. of oil

about 11 years ago
Russian Trawler Burning for Days off Canary Islands
News

Russian Trawler Burning for Days off Canary Islands

Spanish authorities are still trying to contain a fire that erupted onboard a Russian fishing trawler Oleg Naydenov April 11, while the vessel was docked at the port of Las Palmas, the government-run Salvamento Maritimo reports. After failed attempts to contain the fire, the authorities decided earl

about 11 years ago
Lundin: First oil flows from Bertam field
News

Lundin: First oil flows from Bertam field

Lundin Petroleum has achieved first oil from its Bertam field in Malaysia on April 5, 2015. The Bertam field has begun production from four pre-drilled development wells. The remaining production wells will be drilled sequentially and put onstream through the remainder of 2015, with the field’s gros

about 11 years ago
Nigerian Navy Thwarts Pirate Attack in Lagos
News

Nigerian Navy Thwarts Pirate Attack in Lagos

Nigerian navy thwarted a pirate attack in Lagos over the weekend targeting a product tanker loaded with petroleum bound for Nigeria. A group of ten men in two speed boats followed the tanker and managed to board the ship identified as MT Imas. The crew managed to send request for assistance before b

about 11 years ago
Statoil in new round of staff cuts
News

Statoil in new round of staff cuts

Norway’s state-owned oil giant Statoil is reportedly cutting stuff in a new round of redundancies. According to Aftenbladet, Statoil will cut up to 20 percent within its technical sector that employs around 12,000 engineers. This might mean that up to 2,400 engineers will find themselves without emp

about 11 years ago
Egypt’s LNG imports to hit USD 3.55 bln in next FY
News

Egypt’s LNG imports to hit USD 3.55 bln in next FY

Around $3.55 billion worth of LNG will be imported into Egypt’s during the 2015-2016 financial year according to an official at the Egyptian General Petroleum Corporation.

about 11 years ago
Egypt’s LNG imports to hit USD 3.55 bln in next FY
News

Egypt’s LNG imports to hit USD 3.55 bln in next FY

Around $3.55 billion worth of LNG will be imported into Egypt’s during the 2015-2016 financial year according to an official at the Egyptian General Petroleum Corporation.

about 11 years ago
Image of the Day: Anthem of the Seas Lights Her Way
News

Image of the Day: Anthem of the Seas Lights Her Way

Anthem of the Seas, the third largest cruise ship in the world, was photographed during her journey to Southampton, UK, where she will arrive on April 15th. Her christening ceremony will take place on April 20th and she will be christened by travel agent Godmother Emma Wilby. Once she has commenced

about 11 years ago
Philippines: China’s Reclamation Destroys Coral Reefs
News

Philippines: China’s Reclamation Destroys Coral Reefs

China’s massive reclamation activities have destroyed 300 hectares of coral reef systems in the South China Sea/ West Philippine Sea, leading to economic losses to coastal states valued at USD 100 million annually, the Department of Foreign Affairs of the Philippines said in a statement. According t

about 11 years ago
Report: Total withdraws from offshore Oman block
News

Report: Total withdraws from offshore Oman block

French oil company Total has reportedly withdrawn from its offshore exploration block in the Sultanate of Oman. According to Reuters, which quoted Omani energy ministry’s official, Total has decided to cease its exploration efforts in the Arab country’s waters due to disappointing results. The compa

about 11 years ago
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