US LNG export project developer Venture Global LNG said Thursday it has entered into a $220 million bridge loan facility with Morgan Stanley Senior Funding, Inc. and associated lenders. The proceeds will be used to finalize engineering work and commence site construction activity for the company’s 1
US energy giant Chevron on Friday said it has set a$20 billion capital and exploratory budget for 2019.
A consortium named BioLNG EuroNet, comprising Shell, Disa, Scania, Osomo and Iveco has been formed to support the expansion the use of LNG as fuel for road transport in Europe.
Eni Norge and Simon Møkster Shipping have reached an agreement to ensure reductions in fuel consumption of the Stril Barents vessel.
Singapore-headquartered Ocean Network Express (ONE) is considering the use of liquefied natural gas (LNG) as fuel in order to comply with IMO regulations, coming into force on January 1, 2020.
MHI ordered to compensate South Koreans who were forced to work for MHI predecessor during WWII.
Shell’s giant Prelude floating liquefied natural gas (FLNG) facility located offshore Western Australia is still expected to produce its first cargo by the end of this year. “We continue to progress Prelude towards operations with safety and quality being our main focus. We expect to see production
The OPEC + countries must cut 2019 supply growth by 1.5 million bpd if they want oil prices back above $70 next year.
LNG exports from the three liquefaction plants located on Curtis Island offshore Gladstone totaled 1.92 million tons in November reaching the second highest volume since exports from Gladstone kicked off in 2015.
Rouhani: If the U.S. wants to stop our oil sales, no oil will be exported from the Persian Gulf.
Golden Energy Offshore Services has entered into a term sheet with Golden Energy Offshore Management Holdings AS (GEOMH) for the possible acquisition of Golden Energy Offshore Management AS (GEOM).
ECSA, WSC welcome the adoption of a General Approach on the proposal for a European Maritime Single Window.
Trading companies Gunvor International, Trafigura and Vitol Bahrain have qualified for a tender to supply Pakistan with three liquefied natural gas (LNG) cargoes in January and February. State-owned company Pakistan LNG said on Wednesday in a tender document it received 11 bids in total. The financi
UK’s Port of Blyth will soon be welcoming another new client to its offshore energy hub.
