Ineos has partially re-started the Kinneil facility following the completion of the mechanical repair works on the Forties pipeline system.
Florida East Coast (FEC) Railway partnered up with The Safety Train, to enable FEC and other railroads and environmental service companies to provide hands-on instruction regarding hazardous materials transportation equipment and LNG.
Austria’s imports of natural gas from Russia reached 8.25 billion cubic meters of gas, beating the record set in 2005 when the country imported 6.8 bcm.
Twenty eight years ago today, the Statoil-operated Veslefrikk field located offshore Norway started production. Statoil is the operator of the Veslefrikk field with an 18% interest and its partners are Petoro (37%), Repsol Norge (27%), DEA Norge (13.5%), and Wintershall (4.5%). The Veslefrikk is an
By the end of the year, China will have established itself as the world’s second-largest liquefied natural gas (LNG) importer, overtaking South Korea in the process.
Intelligence group Rystad Energy concluded last week that 2017 was yet another record low year for discovered conventional volumes globally. Less than seven billion barrels of oil equivalent has been discovered YTD, Rystad Energy reported last Thursday. “We haven’t seen anything like this since the
A fear that there will be a shortage of containers in 2018 is unjustified, according to Drewry.
Securing funding for LNG projects could prove to be a challenge for Russia, where some potential project sponsors (Rosneft, Novatek) and fields (Yuzhno Kirinskoye, operated by Gazprom) are under Western sanctions, according to Fitch Ratings.
The State of Alaska has approved ExxonMobil’s plan to engineer the expansion of the Point Thomson project on the North Slope, adding to the momentum of the Alaska LNG project.
Keppel Offshore & Marine (KOM) will pay fines totaling $422 million to three jurisdictions to resolve charges arising out of a decade-long scheme to pay millions of dollars in bribes to officials in Brazil.
U.S.-based Seacor Marine has announced the acquisition of four foreign-flagged platform supply vessels (PSVs).
A 27-year-old mariner was medevaced from a bulker some 122 miles southwest of Adak, Alaska, on December 23.
Greece has signed a deal to sell a majority stake in Thessaloniki Port as part of its bailout plan.
OPEC and Non-OPEC countries which have participated in voluntary production cuts since late 2016, achieved the highest level of conformity with their respective adjustments in production during the month of November. This was revealed by the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC
