Energy News - page 8

 

Sinopec Builds 100 Barge VLSFO Fleet

Nov 13, 2019

Chinese energy giant China Petroleum & Chemical Corporation (Sinopec) is planning to build a fleet of 100 barges over the next three years as part of its mission to become a major regional supplier of the IMO 2020-compliant very low sulphur fuel oil (VLSFO)…

BP, Total Pact for Adnoc LNG Supply

Nov 12, 2019

The state oil giant Abu Dhabi National Oil Company (ADNOC) signed agreements with BP and Total to book the majority of its liquefied natural gas (LNG) production up to the first quarter of 2022.With the transactions, ADNOC LNG has continued to expand its footprint into new regions and markets…

50 years of LNG imports in Japan

Nov 08, 2019

Japanese gas buyers marked the 50th anniversary since the first cargo of liquefied natural gas arrived in Japan, now the world’s biggest importer of the fuel.On November 4th, 1969, LNG was first imported to Japan. Tokyo Electric Power Company (now JERA Co…

GasLog Sees Tighter LNG Shipping Market

Nov 06, 2019

GasLog, an international owner, operator and manager of liquefied natural gas (LNG) carriers, is predicting a tighter LNG shipping market, as increasing United States LNG output combines with a seasonal uptick in demand for gas, resulting in…

Oil surges as China Pushes Tariff Rollbacks

Nov 05, 2019

Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some tariffs on Chinese imports.Brent crude futures rose 74 cents, or 1.2%, to $62.87 a barrel by 12:56 p.m. EST (1756 GMT)…

Air Quality Improves in Rotterdam Port

Nov 03, 2019

Heerema Marine Contractors will provide its crane vessels at Port of Rotterdam with clean energy. Heerema's crane vessels are often moored in the Calandkanaal in Rotterdam.By switching off the diesel generators, total emissions will be reduced…

IRENA: Shipping Industry Must Cut Emissions

Oct 31, 2019

The International Renewable Energy Agency (IRENA) highlighted the importance of reducing shipping emissions and following the path towards a carbon-zero industry, in line with International Maritime Organization (IMO)’s sustainability targets…

India, S. Arabia in New Petro Relationship

Oct 29, 2019

India and Saudi Arabia have decided to expand its ‘energy relationship’ into next phase to include Saudi partnership in building additional crude oil storage reserves in India, a new refinery on the west coast of India and investment in retail sector in petroleum…

Minesto Boosts Taiwanese Presence

Oct 28, 2019

Swedish marine energy developer Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU) to explore the potential for Minesto’s Deep Green technology in Taiwan.The renewed collaboration agreement with NTOU's…

BLUE Acquires 20|20 Marine Energy Consultancy

Oct 24, 2019

Specialist maritime consultancy 20|20 Marine Energy (20|20) founded by bunker industry veteran Adrian Tolson has been acquired by UK-based BLUE, the business, brand and communications consultancy for the marine and energy markets.20|20 will…

Solvberg Appointed NPD Director General

Oct 13, 2019

The Norwegian Petroleum Directorate (NPD) has announced the appointment of Ingrid Solvberg as Director for the Norwegian Sea and Barents Sea, replacing Bente Nyland.According to a note from NPD, Sølvberg was appointed by the King in Council on 11 October…

Iranian Tanker Hit by Missiles, Oil Rises

Oct 11, 2019

Oil prices jumped more than 2% on Friday, October 11, 2019, after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants…

Global Energy Takes Over Nigg Oil Terminal

Oct 10, 2019

Global Energy Group has reached an agreement with Repsol Sinopec Resources UK to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.Since cessation of production from the Beatrice oil field…

CMP, DFDS to Set Up Shore Power in Copenhagen

Oct 09, 2019

Copenhagen Malmö Port (CMP) and Danish shipping and logistics company DFDS have reached an agreement to establish a shore power facility in Copenhagen, which means that the Crown Seaways and Pearl Seaways vessels will be able to receive electricity from land…

Bourbon Receives Takeover Offer

Oct 09, 2019

French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was impacted by volatile energy markets, said it had received a takeover offer for its assets.'As part of the reorganization proceedings opened since August 7…

Logistics News

Maersk Teams Up with Shanghai Port on Green Methanol Shipping Fuel

Maersk Teams Up with Shanghai Port on Green Methanol Shipping Fuel

Techcross Smart Platform Leverages Data for Customer Services

Techcross Smart Platform Leverages Data for Customer Services

SSY Hires Wang to Drive LNG Business in China

SSY Hires Wang to Drive LNG Business in China

First LNG Bunker Ship Launched in China for Fratelli Cosulich Group

First LNG Bunker Ship Launched in China for Fratelli Cosulich Group

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