Energy News - page 135


Euro and Oil Resume Fall

Jan 03, 2015

The euro fell on Friday, continuing the slide that saw the currency finish out 2014 at a 29-month low against the U.S. dollar, on expectations that the European Central Bank will soon embark on outright money-printing.Crude prices fell in a volatile session…

Senate Panel to Introduce Keystone XL Bill

Jan 03, 2015

The head of the Senate energy committee plans to introduce a bill next week to force approval of the Keystone XL oil pipeline, though the full chamber faces a battle in obtaining needed votes to overcome any veto by President Barack Obama…

Oil Declines in Thin, Volatile Trading

Jan 03, 2015

Global benchmark Brent crude oil closed down nearly a dollar a barrel Friday after a day of choppy trading despite expectations of new investments in the new year, as strong mid-day rallies in crude fizzled.Brent was down 91 cents at $56…

North Dakota's Bakken Club Evicted; Says Oil Drop Not a Factor

Jan 02, 2015

An exclusive private club in the heart of North Dakota's oil country has been evicted amid a spat with its landlord over building maintenance and unpaid rent, but the club's owners say it has nothing to do with low oil prices and they will reopen at another site…

Chinese Stocks & Dollar Were Stars, Oil Big Loser

Jan 02, 2015

China and the United States headed the list of 2014 top-performing equity markets among larger economies while markets elsewhere ended the year on a wary note as another sharp drop in oil and worries about Greece's future drove profit-taking…

Wall St Edges Lower as Oil Decline Continues

Jan 02, 2015

U.S. stocks were little changed on Wednesday, putting major indexes on track to close out 2014 just off record levels, as crude oil prices continued their descent.While the market's seasonal trend of modest moves and low volume continued…

50-yr Evolution of SOLARBAN Glass by PPG

Jan 01, 2015

With its gothic spires and subtly reflective glass facade, PPG Place has been a signature monument on the Pittsburgh skyline since it was erected in 1984. It was also the first of several landmark structures in the city to feature SOLARBAN® glass by PPG Industries (NYSE:PPG)…

Rosneft, Petrocas in Logistics & Retail JV

Dec 31, 2014

Rosneft has entered into definitive documentation to acquire 49% stake in Petrocas Energy International Limited (“Petrocas”), creating the joint venture (“JV”) for its activities in the South Caucasus region.The deal represents an important…

Gazprom Buys 50% Shares in South Stream Transport

Dec 31, 2014

Gazprom entered into agreements today with Eni, Wintershall and EDF on purchasing 50 per cent of total shares in South Stream Transport from them.The deals with the minority shareholders of South Stream Transport were previously agreed on by the Gazprom Board of Directors.

Magnolia LNG Project Progress with FERC

Dec 31, 2014

Liquefied Natural Gas Limited w ishes to provide an update on the status of Information Requests from the United States Federal Energy Regulatory Commission (FERC) in relation to the Company’s wholly owned subsidiary, Magnolia LNG LLC (MLNG)…

Russian-Chinese Energy Partnership Gets a Boost

Dec 31, 2014

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Li Hui, Chinese Ambassador to Russia.The parties addressed the issues of further bilateral cooperation.…

Concordia Maritime Extends Charters for Tanker Duo

Dec 31, 2014

Concordia Maritime has just renewed its contract with a major oil and gas company for a consecutive voyage charter arrangement for the P-MAX tankers Stena Provence and Stena Polaris. The agreement will run until the summer of 2015.“This…

St. Petersburg Becoming Int'l Gas Sales Hub

Dec 30, 2014

Alexey Miller, Chairman of the Gazprom Management Committee, inaugurated today a new office building of Gazprom Export in St. Petersburg.Taking part in the ceremony were Mikhail Mokretsov, Vice-Governor of the city of St. Petersburg, Alexander Medvedev…

Rebalancing Trade Flows

Dec 30, 2014

McQuilling Services Industry Note on 'Rebalancing Trade Flows: The New World Order' :Many types of crude oil are produced around the world. Depending on the requirements of a particular refinery, a blend of heavy and light crudes is processed to manufacture a variety of petroleum products…

Swissco's S$ 2.58 mi misappropriated

Dec 29, 2014

The Board of Directors of Swissco Holdings Limited and its subsidiaries have informed shareholders of the Company that the Group has discovered that an aggregate amount of approximately S$2.58 million was misappropriated from the accounts…

Current News

Singapore Ship Registry Marks 60 Years, Plans Digital Upgrade

European Wheat Prices Rise to One-Week High

US LNG Exports Increase in September, Europe Outbids Asia for Cargoes

FPT, ZEBOX to Advance AI Solutions in Transportation, Logistics

Subscribe for Maritime Logistics Professional E‑News