Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to ship U.S. shale gas overseas, has exported three cargoes of the fuel in the week ending June 7, according to the Energy Information Administration. Three vessels with a total LNG-carrying capacity of 11.
Spanish company Gabadi and its Chinese partner, AojiHeng Offshore Engineering (AJH) have opened their joint venture, Gabadi Marine Engineering in Pudong, Shanghai.
Three foreign flagged ships were detained in UK ports during May 2017 after they failed Port State Control (PSC) inspection, the country’s Maritime and Coastguard Agency (MCA) said. The vessels in question are Ocean Nova, Gann and Ana M. The Bahamas-flagged passenger ship Ocean Nova was arrested at
By Christopher Johnson LONDON (Reuters) – Oil prices resumed a downtrend on Friday following steep falls earlier in the week, pressured by widespread evidence of a fuel glut despite efforts led by OPEC to tighten the market. Brent crude oil was down 20 cents at $47.66 a barrel by 0820 GMT, around 12
Reacting to US President Donald Trump’s decision to withdraw the US from the Paris climate accord, the EU and China have agreed to cooperate to ensure shipping plays its part in tackling climate change. However, there is a worrying sentiment within the shipping industry that the US withdrawal will s
Italian utility Edison confirmed Friday it was in discussions to sell its stake in the Adriatic LNG terminal located offshore Italy, in the northern Adriatic Sea. The Italian company owned by France’s EDF responded to recent media reports saying that it was in talks to sell its stake in Adriatic LNG
The average price of spot LNG for delivery into Japan that was contracted in May 2017 was at $5.7 per mmBtu, remaining flat in comparison to the previous month.
Klaipedos Nafta, the operator of Lithuania’s first LNG import terminal, signed contracts with three terminal users that have allocated part of the capacity before the start of new gas year.
Dynagas LNG Partners, a partnership formed by Dynagas, reported adjusted net income of $12.9 million for the first quarter, 24.6 percent down on the corresponding quarter in 2017.
The Minister of Petroleum Resources of Nigeria has granted Lekoil consent to complete the transfer of the original 17.14 percent participating interest in OPL 310, to its subsidiary Mayfair Assets and Trust Limited. To remind, Mayfair farmed into Afren Oil & Gas’ interest in OPL 310, which contains
By Oleg Vukmanovic LONDON (Reuters) – The escalating diplomatic conflict between Qatar and several of its Middle East neighbours has roiled the liquefied natural gas trade, causing at least one tanker to change course and UK gas prices to spike. Saudi Arabia, the United Arab Emirates, Egypt and othe
Russian giant Gazprom said its natural gas exports to Europe rose over the period of first five months in 2017, compared to the corresponding period last year. The company exported 9.5 billion cubic meters, 13.3 percent more than in the same period of 2016. In total, Gazprom has exported a record 17
Several BP executives recently visited Trinidad and Tobago renewing the company’s commitment to the country. In a visit at the end of May, BP’s chief executive for upstream, Bernard Looney, COO for strategy and regions, Andy Hopwood, and regional president of BPTT, Norman Christie, met with Trinidad
This is not the first time a football reference has been made on Offshore Energy Today. We’ve had our fair share of Zinedine Zidane photos used to illustrate the articles about a namesake Norwegian offshore oil field. However, we just had to share this one. A football match on one of the world’s nor
