Energy News - page 10

 

Webinar: Floating Production Forecasts & Analysis

Jul 24, 2020

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…

Freight Planning… What About Offshore Wind…?

Jun 09, 2020

At the end of 2019 – December 27, to be exact – the US Department of Transportation, Office of the Secretary – filed a request for information regarding the development of a National Freight Strategic Plan (NFSP), required by the multi-year federal transportation bill…

BIMCO Tanker Rate Analysis: Reality Kicks In, Rates Fall

May 25, 2020

Tanker shipping: sky high freight rates replaced by reality of falling global oil demandGeopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set to be under pressure for the rest of the year…

GFS Storage Tanks Aid Green Energy Growth

Apr 22, 2020

Balmoral Tanks introduced a new range of glass fused to steel (GFS) liquid storage tanks, part of the company’s portfolio of storage tanks for the water, wastewater, anaerobic digestion and processing markets.The development follows a $20m+…

US Crude Futures Plunge to Lowest on Record

Apr 20, 2020

U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil.Brent crude, the international benchmark…

While Oil Prices Plummets, Tanker Rates Fly High

Apr 02, 2020

If one ever needed proof that, no matter how dire the situation, there is always a silver lining, look no further than the crude tanker market, which has seen it day rates skyrocket in the face of a global pandemic that has effectively ground world commerce to a crawl…

Oil Economics: Freight Rate Surge Cuts into Trader's Profits

Mar 31, 2020

A jump in freight rates has shaved profits for oil traders seeking to store crude for sale towards the end of the year, even as the contango in the first six months for Brent futures stretched to its widest ever, trade sources said.While a sharp…

Saipem Inks Deal with Equinor on Floating Solar Farm Tech

Mar 20, 2020

Italy's Saipem has reached an agreement with Norway's Equinor to develop technology to build floating solar power farms close to the coast, the energy contractor said.The agreement is between Saipem's high-value services unit Moss Maritime and the Norwegian energy firm…

Hennigan Tapped as New Marathon CEO

Mar 18, 2020

Marathon Petroleum Corp.named  Michael Hennigan, the head of its midstream business, as its new chief executive officer effective immediately.Hennigan replaces Gary Heminger, whose departure was announced last year when the largest U.S. independent…

Alphabet Winds Down Makani

Feb 19, 2020

Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani wind energy kites.Google acquired Makani, which developed airborne wind turbines and aimed to make wind energy more accessible and affordable…

LNGSTS Hits 112 STS LNG Transfers in 2019

Jan 08, 2020

LNGSTS, a unit of Teekay Tankers, has closed the year 2019 with a record number of 112 open water liquefied natural gas (LNG) ship-to-ship (STS) cargo transfers.From November 2018, until July 2019, LNGSTS was the technical and manpower service provider for the largest ever LNG ship-to-ship project…

Gothenburg Port to be Fossil Free in 2020

Dec 08, 2019

Swedish container facility Port of Gothenburg is aiming to be a fossil free terminal by 2020, said its owner-operator Danish-owned APM Terminals.APM Terminals Gothenburg  launched environmental strategy  “Green Gothenburg Gateway”  which sees…

CMA CGM Initiates Global Energy Coalition

Dec 03, 2019

Rodolphe Saadé, Chairman and Chief Executive Officer of the French container transportation and shipping company CMA CGM Group recommended that French President Emmanuel Macron initiate an international coalition for the energy transition of…

Chart Joins SEA\LNG

Nov 21, 2019

The global manufacturer of equipment Chart Industries has joined SEA\LNG, the multi-sector industry coalition accelerating the widespread adoption of liquefied natural gas (LNG).Peter Keller, SEA\LNG chairman, commented: “We are thrilled to welcome another member from North America…

Oil Majors to Raise $27Bln in Selling Spree

Nov 18, 2019

Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment.These companies are actively shedding mature assets…

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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