Origin Energy, the owner of a 37.5 percent stake in the Australia Pacific LNG project, swung to a loss in the first half of the financial year due to a previously announced impairment charge of A$533 million ($423.4 million). Origin reported a net loss of A$207 million for the period under review. T
The Autonomous Port of Abidjan in Africa welcomed its first nickel ore carrier on February 14.
Liquefied natural gas (LNG) exports from the Peruvian first and only facility at Pampa Melchorita have been reportedly suspended because of a lack of supply caused by a February 3 pipeline rupture. The pipeline, which transports fuel from the Camisea gas fields in the Peruvian jungle to the Pacific
North Korean tanker spotted by a Japanese plane in yet another suspected illegal transfer of goods.
Norway’s offshore safety watchdog has found several flaws during an audit of Statoil’s plans for permanent plugging and abandonment at Kvitebjørn field off Norway.
Today, 14 February, Siemens’s Rotra Mare roll on/roll off (Ro-Ro) vessel brought the first Siemens Gamesa 7MW wind turbine components for the Rentel offshore wind farm to the REBO site in Ostend. Two blade sets and six top towers have been shipped from Esbjerg.
Chemical shipping freight rates will weaken due to the depressed outlook on overtonnaged long-haul routes.
Sea Trucks Group has transferred ownership of four accommodation and construction vessels to new owners.
Australia’s Woodside Petroleum on Wednesday reported an 18 percent rise in annual profit on the back of higher oil, gas and LNG prices. The LNG company posted a net profit of $1.02 billion for 2017, up from $868 million last year. Woodside declared a full-year dividend of $0.98 per share, up from $0
Natural gas exports to Europe from both Russia and Norway climbed to record levels in 2017, according to a report by Rystad Energy. Russian and Norwegian gas exports to Europe (including Turkey) reached 194 bcm and 122 bcm, respectively, in 2017. This represents a year-on-year increase of more than
Gas exports to Europe from both Russia and Norway climbed to record levels in 2017, according to an analysis by Rystad Energy. Russian and Norwegian gas exports to Europe (including Turkey) reached 194 bcm and 122 bcm, respectively, in 2017. This, Rystad says, represents a year-on-year increase of m
Australian Energy firm Woodside is set to expand its ownership over the the 7.3 Tcf Scarborough offshore gas field in W. Australia.
Marine investigators inspect MOL Prestige within investigation into the cause of the engine room fire.
Russian energy giant Gazprom plans to reorganise its export operations, including marketing and trading. Gazprom said in a statement on Monday it would create an integrated international distribution unit responsible for all of its export deliveries, trading and marketing. The reorganization will ta
