Energy News

 

Power Outage Hits Port of Rotterdam; Issue Resolved

Sep 03, 2024

A power outage in the Rotterdam port area in the Netherlands briefly interrupted operations at one of Europe's biggest oil refineries on Tuesday, the plant's operator BP said.Electricity grid operator TenneT said the problem was solved shortly after 1000 GMT. It said that BP's 400,000 barrels per day oil refinery, Europe's second largest, was among the plants affected, together with smaller plants and the rail network in the region…

Loadings Picking up at Russia's Arctic LNG 2

Sep 16, 2024

The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine…

US LNG Exporters Expected to Escape Brunt of Hurricane Francine

Sep 12, 2024

U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana…

Libya Oil Exports Are Mostly at a Standstill

Sep 05, 2024

Libyan oil exports remained largely halted on Thursday, shipping data showed, but some tankers were being allowed to load crude from storage, with output still curtailed amid a political standoff over the central bank and oil revenue.Oil tanker…

Poland Will Build Port for Nuclear Power Plant

Aug 29, 2024

An agreement regarding the multi-sector project Marine Off-Loading Facility “MOLF”, which is an element of the infrastructure accompanying the construction of the first nuclear power plant in Poland at the Lubiatowo-Kopalino location, was signed in the presence of Dariusz Klimczak…

Heat Drives Asian LNG Spot Price Spike

Aug 16, 2024

Asian spot liquefied natural gas (LNG) prices rose to their highest in over eight months, with warmer temperatures across the region boosting power demand for cooling purposes.The average LNG price for October delivery into north-east Asia LNG-AS was at $14…

Italy's New FLNG Terminal to Be Operational by March 2025

Jul 12, 2024

Italy's gas grid group Snam SRG.MI said on Friday it expected a new liquefied natural gas (LNG) terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.The floating terminal in the Adriatic…

NASH Maritime to Study Navigation Risk for Ireland Offshore Wind Hub

Jun 11, 2024

NASH Maritime to undertake Consultancy NASH Maritime reports it has been commissioned to prepare the navigation risk assessment for the proposed development that will see Rosslare Europort become the Offshore Renewable Energy (ORE) hub for Ireland’s South East…

Econnect Installs Floating Jetty at German LNG Terminal

Jun 11, 2024

Norway's Econnect Energy is installing a floating jetty for use at Germany's Wilhelmshaven liquefied natural gas (LNG) import terminal, its CEO said in an interview.Norway overtook Russia as Europe's biggest gas supplier in 2022 after Moscow's invasion of Ukraine…

Hengyi Steps Up Fuel Oil Exports from Brunei After Refinery Fire

Jun 11, 2024

China's Hengyi has increased fuel oil exports from its Brunei refinery this month and has delayed loadings of other refined products following a fire at the plant in late May, according to several trade sources and ship-tracking data.The delivery…

Extreme Asian Heat Spurs LNG Demand Ahead of Summer Months

May 31, 2024

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April…

Renewable Energy System Dedicated at Port of Long Beach

May 03, 2024

State, city and Port of Long Beach officials Thursday joined Toyota Motor North America and FuelCell Energy to celebrate the grand opening of the first-of-its-kind “Tri-gen” system to generate renewable hydrogen, electricity and water to support…

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

May 02, 2024

The Taliban has agreed with Kazakhstan and Turkmenistan to build a logistics hub in western Afghanistan aimed at making the war-torn nation a major logistics point for regional exports, including oil from Russia to South Asia, the country's commerce minister said…

Rotterdam Seawall Drilling Begins for Porthos CO2 Storage Project

Apr 17, 2024

First drilling has commenced under the seawall on the Maasvlakte as part of the Porthos CO2 storage project, the Port of Rotterdam announced.Via a compressor station, Porthos will transport captured CO2 through Europe's largest seaport to a platform some 20 km off the coast…

Seaway7 Extends Rotterdam Port Deal with Rhenus Port Logistics

Mar 25, 2024

Seaway7 has inked a 10-year extension with Rhenus Port Logistics with Rhenus Port Logistics in Rotterdam.'The location of the Rhenus terminal so close to the North Sea is incomparable and provides Seaway7 with the needed flexibility. We are…

Logistics News

Gassco Restarts Key Gas Export Plant After Maintenance

Gassco Restarts Key Gas Export Plant After Maintenance

Russia's Seaborne Oil Product Exports Dip

Russia's Seaborne Oil Product Exports Dip

Brokers Launch Port Disruption Insurance Amid Shipping Chaos

Brokers Launch Port Disruption Insurance Amid Shipping Chaos

Southeast Asia Expected to Boost Coal Trade

Southeast Asia Expected to Boost Coal Trade

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