Energy News - page 2

 

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…

Peel Ports and E.ON Building ‘UK’s Largest’ Solar Project at Port of Liverpool

Mar 19, 2024

The UK’s second-largest port operator, Peel Ports Group, announced it is teaming up with German multinational electric utility company E.ON to install a roof-mounted solar energy system at the Port of Liverpool.The project, which is being financed and delivered by E…

Port of València Building Second Solar Plant

Mar 12, 2024

The Port Authority of València (PAV) reports it is making steady progress in the construction of its second solar photovoltaic plant located on the roof of the vehicle silo of the VTE concession on the East Dock. The installation work began…

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)…

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…

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…

Logistics News

New Chief Executive Appointed at MPA Singapore

New Chief Executive Appointed at MPA Singapore

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

The Port of Klaipėda Begins 2025 With a 15% Increase in Cargo Handling

The Port of Klaipėda Begins 2025 With a 15% Increase in Cargo Handling

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