Energy News - page 135

 

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…

BG loads First QCLNG Cargo

Dec 29, 2014

BG Group today announced that it has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since 28 December. The vessel being loaded is the Methane Rita Andrea. The second cargo of LNG from the facility will…

S.Korea Nuclear Operator says Cyberattacks Continue, Reactors Safe

Dec 28, 2014

South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safely and are secure from attack.Korea…

Germany Plans Electric Car Motorway Charging Stations

Dec 28, 2014

Germany plans to expand the network of charging stations for electric cars across the country to help boost lacklustre demand, a Transport Ministry paper seen by Reuters showed.Chancellor Angela Merkel's government wants to bring 1 million…

Thieves Fry Kenya's Power Grid to Cook Fast Food

Dec 28, 2014

(Thomson Reuters Foundation) - The morning scene is increasingly routine for Kenyans. When it's time to start the day, the power is already out. Somewhere nearby, the shell of a wrecked electrical transformer lies on its side underneath the pole where it had been fixed 20 feet off the ground…

Italy's Help Sought to Extinguish Fire at Oil Port

Dec 28, 2014

Libya has called on Italy to send firefighters to prevent a fire spreading out of control at Es Sider, the country's biggest oil port, officials said on Saturday.A rocket hit an oil storage tank last week at the port in the east of the…

China, Vietnam to Address Maritime Disputes

Dec 27, 2014

Senior Chinese and Vietnamese officials have agreed to settle their maritime disputes without resorting to 'megaphone diplomacy', the official Xinhua news service said on Saturday.The agency's report follows a meeting in Hanoi on Friday…

Pemex Output Steady in November, Exports Up

Dec 27, 2014

Mexico's state-run oil company Pemex said on Friday its crude oil production held steady in November from the previous month at 2.363 million barrels per day (bpd), the lowest monthly figure on record.Crude export volumes in November were up 8…

Oil slides, Brent tests $60

Dec 26, 2014

Global oil markets fell again on Wednesday in holiday-thin trade, extending more than a week of see-saw volatility as traders jousted over whether a growing supply glut had been fully priced in.Oil whipped lower early in the day and tested new lows after U…

Gazprom Boosts Moscow Electricity Supply

Dec 26, 2014

A new combined cycle gas turbine unit (PGU-420) with a capacity of 420 MW was commissioned today at CHPP-16 of Mosenergo in Moscow.Taking part in the event were Alexey Miller, Chairman of the Gazprom Management Committee, Sergey Sobyanin…

MOL Seals Shipping Deal with Reliance

Dec 26, 2014

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) and Reliance entered into a strategic association for transportation of Liquefied Ethane from United States to India. This will make MOL to be the first shipping company who is dedicated…

Ithaca Gets New COO

Dec 25, 2014

Ithaca Energy Inc. announced the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015.Mr Buchan has over 30 years of operational experience in the oil and gas industry. He has held various technical and senior…

Rosneft Hikes Stake in NOC

Dec 25, 2014

Rosneft and Lukoil signed a package of legally binding documents regarding Rosneft’s acquisition of 20% share in the National Oil Consortium LLC (NOC). Due to this deal the share of Rosneft in the charter capital of NOC will increase to 80%…

Petrobras Sets up Special Committee

Dec 24, 2014

The Board of Directors of Petrobras approved at a meeting held today, the creation of a special committee to act as interlocutor ('Reporting line') of independent internal investigations conducted by the Trench, Rossi e Watanabe and Gibson…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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Sources say that Black Sea CPC blend oil exports decreased to 1.6 millions bpd during April.
Indian traders report that the discounts for Russia's Urals June are slightly wider at Indian ports.
Ugandan parliament approves government spending for 2025/26