Energy News

 

Guinea to Replace Blast-hit Oil Terminal

Jan 25, 2024

Guinea is studying proposals to build a new oil terminal in the capital Conakry within the next six to 12 months following an explosion in December that severely damaged its main storage facility, an advisor to the prime minister said on Thursday.The Dec. 18 blast destroyed most of the terminal's storage capacity, sending shockwaves through a downtown Conakry district and killing 23 people in the West African nation…

New Breakwater Installed to Support CTVs Berthing at Port of Newhaven

Feb 13, 2024

As part of the refurbishment for the operations and maintenance (O&M) base for the Rampion offshore wind farm, Inland and Coastal Marina Systems (ICMS) has installed a floating concrete breakwater within the Port of Newhaven to provide safe berthing facilities for crew transfer vessels (CTV)…

Russia's Ust-Luga Port Continues Crude, Fuel Exports While Novatek Terminal Shut

Jan 23, 2024

The Baltic Sea port of Ust-Luga was exporting crude oil and fuel on Tuesday apart from at Novatek's terminal which remained closed after being damaged by fire, according to data from LSEG and industry sources.Novatek said on Sunday it had been…

Port of Virginia Powered by 100% Clean Energy

Jan 15, 2024

The Port of Virginia is powering all its terminals with electricity from clean resources and accelerating its goal to becoming carbon-neutral by 2040.“Virginia is the first major U.S. East Coast port to power its entire operation using 100% clean electricity…

Vopak Consortium Selected to Operate New LNG Terminal in South Africa

Jan 10, 2024

South Africa has selected a Vopak consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay, state-owned Transnet National Ports Authority (TNPA) said on WednesdayThe Vopak Terminal…

Germany Builds up LNG Import Terminals

Jan 02, 2024

German utility RWE on Jan. 1 handed over floating liquefied natural gas (LNG) infrastructure at Brunsbuettel on the North Sea to state-owned Deutsche Energy Terminal (DET) as agreed when first imports arrived 10 months ago, it said.DET is now…

Russian LNG Exports to Europe Fell 1.9% in 2023

Jan 02, 2024

Russian exports of liquefied natural gas (LNG) to Europe fell 1.9% to 15.8 million metric tons in 2023, and LNG exports to Asia fell 11% to 14.9 million tons, LSEG data showed on Tuesday.Europe increased purchases of LNG from global producers…

Seas of Change: Ports at the Forefront of Energy Transition

Dec 28, 2023

Ports in the UK such as Aberdeen serve as vital gateways to the offshore energy supply chain, providing services from surveying and construction to operational support, maintenance and decommissioning for oil and gas platforms and renewable energy installations all around the UK coastline…

Prysmian Commissions Inter-Array Cable System at French Offshore Wind Farm

Dec 27, 2023

Prysmian Group has commissioned the inter-array cable system for the Fécamp offshore wind farm, located in the English Channel, offshore France.The Fécamp offshore wind farm is composed of 71 wind turbines with a total capacity of nearly 500MW…

Opinion: The World Must Join Forces and Act Fast to Scale Renewables

Dec 11, 2023

Renewable energy is already high on the agenda at the COP28 climate summit, with 118 countries, including the UAE, Brazil, Japan and the EU, pledging last weekend to triple the world’s renewable energy capacity by 2030.But it’s not simply about signing up to the ambition…

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

Dec 08, 2023

The number of U.S. liquefied natural gas (LNG) vessels transiting the Panama Canal to Asia halved in November compared with a year ago as Asia prices for the gas this week traded at their steepest premium to European prices in nearly two years…

Vessel to Complete Mexico's First Floating LNG Plant Sets Sail

Dec 05, 2023

A storage vessel for Mexico's first liquefied natural gas (LNG) plant departed U.S. waters on Monday for Altamira, Mexico, according to ship tracking data, putting the offshore project on track to soon inaugurate exports.LNG developer New Fortress Energy last week said its 1…

North Sea Troll Oil Loadings to Fall, Oseberg Steady

Nov 28, 2023

January loadings of North Sea crude oil grade Troll will fall slightly from the previous month, with Oseberg loadings set to be steady from December, according to loading schedules seen by Reuters.A total of five cargoes - each 700,000 barrels - of Troll will load next month…

US Appeals Court Scraps Sempra's Port Arthur LNG Emissions Permit

Nov 15, 2023

A U.S. court has removed an emissions permit for Sempra's Port Arthur LNG export terminal in Texas, potentially halting construction of the facility.In its decision, the U.S. Court of Appeals for the Fifth Circuit on Tuesday found that the Texas…

Egypt Expected to Resume LNG Exports in December or January

Nov 14, 2023

Egypt is expected to resume exports of liquefied natural gas (LNG) in December or January as domestic demand declines during winter and as it receives more gas from Israel, an executive at Italy's ENI said on Tuesday.'Consumption in Egypt is reducing and we would expect by December…

Logistics News

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

ZIM Names Trio of LNG Containerships

ZIM Names Trio of LNG Containerships

Porto Chibatão Installs Four Harbor Cranes

Porto Chibatão Installs Four Harbor Cranes

Floating Production – A Growing Segment in Transition

Floating Production – A Growing Segment in Transition

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