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News

Equinor posts profit drop in second quarter
News

Equinor posts profit drop in second quarter

Norwegian energy giant and LNG operator, Equinor posted a slight drop in its net profit for the second quarter of 2018, despite higher prices and high international production.

about 8 years ago
UK Leads Europe to 1.1GW of Offshore Wind in H1 2018
News

UK Leads Europe to 1.1GW of Offshore Wind in H1 2018

Europe added 1.1GW of offshore wind capacity in the first half of 2018, with the UK being the main contributor with 911MW, according to WindEurope’s recent report.

about 8 years ago
Shell’s profit, LNG sales rise
News

Shell’s profit, LNG sales rise

The Hague-based LNG giant Shell reported an increase in profit for the second quarter and the first half of the year as Integrated Gas and Upstream businesses’ contributions rise.

about 8 years ago
Total buys two gas-fired power plants in France
News

Total buys two gas-fired power plants in France

Total has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants (CCGT) in the North and East of France, with 825 megawatts (MW) power production capacity.

about 8 years ago
BP brings Lund, Daley on board as non-exec directors
News

BP brings Lund, Daley on board as non-exec directors

UK-based major BP said that Helge Lund and Pamela Daley have joined its board as non-executive directors.

about 8 years ago
Prosafe, Cosco in another flotel delivery delay
News

Prosafe, Cosco in another flotel delivery delay

Prosafe and Cosco have agreed to extend a standstill agreement regarding the delivery of two accommodation units.

about 8 years ago
Report: Another Tanker Attacked by Houthis
News

Report: Another Tanker Attacked by Houthis

A Saudi oil tanker has reportedly been attacked by the Houthi movement while underway in the Red Sea.

about 8 years ago
SSE on Ireland’s New Scheme: Too Little Room for Large-Scale Offshore Wind
News

SSE on Ireland’s New Scheme: Too Little Room for Large-Scale Offshore Wind

SSE has welcomed the approval of the new Renewable Electricity Support Scheme (RESS) in Ireland, however, the company said it had concerns that the potential size of the future individual auctions outlined in the RESS design “may be too small to allow large-scale offshore wind projects to commercial

about 8 years ago
Yamal LNG boosts Novatek’s first half figures
News

Yamal LNG boosts Novatek’s first half figures

Russia’s largest independent natural gas producer Novatek reported a rise in its IFRS profit for the second quarter and the first six months of 2018.

about 8 years ago
GSP Jupiter rig arrives at Energean’s Epsilon field off Greece
News

GSP Jupiter rig arrives at Energean’s Epsilon field off Greece

GSP Offshore’s GSP Jupiter jack-up rig has begun its work for the Greek oil firm Energean, under the EPCI contract signed earlier this year aimed at the development of the Epsilon oil field offshore Greece.

about 8 years ago
Severe weather causes production cutoff on Triangle’s Cliff Head platform
News

Severe weather causes production cutoff on Triangle’s Cliff Head platform

Triangle Energy has confirmed that an interruption to production occurred on Tuesday at the Cliff Head Alpha offshore platform located approximately 14 kilometers offshore in the Perth Basin.

about 8 years ago
WinGD names new head
News

WinGD names new head

Swiss company Winterthur Gas & Diesel (WinGD) has named Klaus Heim as its chief executive officer (CEO) with effect from August 6, 2018.

about 8 years ago
Blockchain Threatens to Eradicate Trade Intermediaries
News

Blockchain Threatens to Eradicate Trade Intermediaries

Blockchain technology is expected to have a profound impact on trade and transport.

about 8 years ago
Senators supports DoE’s small-scale LNG exports move
News

Senators supports DoE’s small-scale LNG exports move

U.S. senators Marco Rubio and Bill Cassidy, backed the U.S. Department of Energy’s decision to streamline the approval of small-scale exports of LNG to foreign countries, including those in South America, Central America, and the Caribbean.

about 8 years ago
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