A Panamax bulk carrier has run aground in the Gulf of Mexico and is being refloated, GAC informed. The vessel in question is the 77,684 dwt Glory Trader, owned by Greece-based Erasmus Shipinvest. The incident occurred off New Orleans in the evening hours of June 13 (local time), the bulker’s AIS dat
Oil Search, the owner of a 29 percent stake in the ExxonMobil-operated PNG LNG project, said a production test at the third sidetrack well at the Muruk 1 gas discovery in Papua new Guinea has been completed.
The Offshore Wind Innovation Exchange (OWiX) has announced the opening of a Call for Ideas for its first four innovation challenges, as identified by key players in the offshore wind industry.
Qatar Petroleum and Shell, the two world’s largest LNG companies, on Tuesday signed a framework agreement to develop liquefied natural gas bunkering infrastructure at strategic shipping locations across the globe. This move follows two agreements Shell and Qatargas signed with industry partners in 2
Oslo-based Awilco LNG signed the final agreement with Teekay LNG Partners fulfilling the conditions for the private placement to be issued on June 19.
The representatives of the Spanish dockworkers union Coordinadora and their employers’ association Anesco could not reach a deal at today’s meeting which was aimed at fixing the ongoing conflict that has been heating up for almost a month. That said, the dockworkers are most likely to stage their 48
The Kerala High Court has ordered the seizure of all data, including digital records, from the Panama-flagged ship MV Amber L that collided with a fishing boat on Sunday, June 11, off Cochin, killing two local fishermen, local media reported. A third fisherman is reported missing since the incident,
Large shipping losses have declined by 50% over the past decade, largely driven by the development of a more robust safety environment by shipowners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping Review 2017. 85 large vessels were lost worldwide in 2016
BP has released its 66th annual review of world energy markets. Energy demand was low, renewables grew, coal lost a large share, and gas production grew very slowly, and oil consumption grew strongly. The oil and gas company said the review of 2016 demonstrates the long-term transitions now underw
The United Nations Security Council reauthorized its member states on Monday to inspect vessels on the high seas off Libya’s coast suspected of violation of the arms embargo imposed on the country. With the move, the Council extended the authorizations for one more year, under which the member state
By Ron Bousso LONDON (Reuters) – Global energy demand continued its sluggish growth last year as China’s growth fell to its lowest in nearly 20 years while renewables flourished, BP <BP.L> said in a report on Tuesday. Slower demand growth helped stall the acceleration of greenhouse gases emissions f
Oil prices edged down on Tuesday after OPEC reported an increase in its production for May despite a supply cut agreement
If crude oil vessels from Qatar are banned from entering neighboring countries’ ports, it could have a small negative impact on the VLCC market, although Aframaxes and Suezmaxes may benefit, Poten & Partners said, reflecting on the implications of the Qatar crisis for the tanker market. With co-load
The United States Federal Energy Regulatory Commission issued a notice of intent to prepare an environmental impact statement for the proposed Jordan Cove LNG project in Coos County, Oregon.
