Energy News - page 27

 

East China LNG Terminal Records 93% Sales Increase

Jun 04, 2018

A liquefied natural gas (LNG) import terminal in east China operated by China National Offshore Oil Company, or CNOOC, recorded an increase of 93 percent in gas sales in the first five months of this year, the state oil company said on Monday…

Copenhagen Malmo Port Begins LNG Bunkering

Jun 03, 2018

Copenhagen Malmö Port (CMP) now offers bunkering of Liquefied Natural Gas (LNG). First off was the vessel Ireland, which unloaded cement in Malmö.  In connection with this she was provided with LNG via tanker lorries. It's about bunkering where safety requirements are extra tough…

CNOOC Plots Tianjin LNG Terminal Expansion

Jun 01, 2018

CNOOC will start building six liquefied natural gas (LNG) storage tanks by the end of the year as part of a project to expand its Tianjin LNG terminal to help meet surging demand from households in northern China, CNOOC Gas and Power Group said in statement on Wednesday night…

AGL Decision on LNG Import Terminal Expected in FY2019

Jun 01, 2018

AGL Energy Ltd, Australia's biggest power producer, expects to make a final investment decision on the country's first liquefied natural gas (LNG) import terminal in the financial year of 2019, a company official said on Friday.The A$250 million…

Maersk Line Introduces Bunker Surcharge

May 25, 2018

The world's largest container shipping company Maersk Line is increasing prices because of a surge in the cost of bunker fuel. The shipping fuel has become increasingly costly as global crude oil prices have returned to peaks not reached since 2014…

Electric Ferries on Rise: DNV GL

May 22, 2018

The environmental ambitions of the politicians in Hordaland were very high when it came to cutting emissions from ferry operations. A tender for new ferries, supported by DNV GL, resulted in a record investment of 140 million euros in zero-emission technology…

UN Seeks Traders' Help Enforcing North Korea Sanctions

May 22, 2018

A U.N. monitoring group wants to enlist the help of the world's biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import, the coordinator said.The U.N. Security Council ramped…

Gunvor, Oceangold and Maas Capital Form Tanker JV

May 22, 2018

A new ship holding company has been formed through a joint venture agreement between physical energy trader Gunvor Group, ship management company Oceangold Tankers and investor Maas Capital.The three partners hold an equal share in the new company…

Tokyo Gas Takes First LNG Cargo from Cove Point

May 21, 2018

Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc's newly completed Cove Point export plant, the beginning of a jump in imports from the United States by the world's biggest buyer of the fuel…

Oil Up as U.S., China hit the Trade War Pause Button

May 20, 2018

Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies 'on hold'.Brent crude futures were at $79.13 per barrel at 0121 GMT, up 62 cents, or 0…

Novatek Plans New Arctic Transport Company

May 20, 2018

Russia's gas production and sales company PAO Novatek has created a transportation unit called Maritime Arctic Transport. 'The Board of Directors of PAO Novatek  resolved on creating a transportation subsidiary called Maritime Arctic Transport LLC to manage and optimize transportation costs…

Kalmar Plans to Offer Fully Electric Lineup by 2021

May 18, 2018

Kalmar, part of Cargotec, announces its commitment to reduce emissions in cargo and material handling operations by fostering eco-efficient technologies.  According to the commitment Kalmar's full offering will be available as electrically powered versions by 2021…

Total to Set Up LNG Bunkering Hub in Oman

May 14, 2018

French energy group Total said it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the country.'Total and Shell as operator will develop several natural gas discoveries located in the Greater…

Kutubu Light Crude Oil Exports to Resume in Spot Trade

May 14, 2018

Sales of Kutubu Light crude oil cargoes will resume in the Asia spot market in July after a major earthquake in Papua New Guinea shut production from late February to early April, three industry sources said on Monday.While production at the facility resumed in early April…

Angola LNG Plant Sells Cargo to Petrobras

May 14, 2018

Angola's sole liquefied natural gas (LNG) project has sold a cargo loading over May 12 to 13 to Brazil's Petrobras, two industry sources said on Monday.The exact price details could not immediately be confirmed but the cargo is priced off the…

Logistics News

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

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Brazil and China discuss rail from Peruvian port into Brazil territory
EU passes final hurdle to soften CO2 car emission targets
Source: China resumes Brazilian soybean imports from five suspended firms before Lula's visit.