Energy News - page 12

 

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…

Occidental Tentatively Fixes VLCC for Record $13.25 mln to Asia

Oct 07, 2019

Occidental Petroleum Corp provisionally chartered a supertanker to ship U.S. crude to South Korea for a new record of $13.25 million in November, three shipping sources familiar with the matter said on Monday.The Very Large Crude Carrier (VLCC)…

Oil Prices: Chinese Data Eases Concerns

Sep 30, 2019

Oil prices rose today (Monday, September 30) after China’s factories unexpectedly increased production over the past month, easing concerns about demand amid the ongoing trade war with the U.S. Brent crude futures rose 9 cents to $62 a barrel by 0300 GMT and U…

Oil Freight Rates Rocket After U.S. Sanctions COSCO

Sep 27, 2019

Oil freight rates in the Middle East and Asia have increased by almost 20 percent today following new US sanctions on units of Chinese company COSCO for its alleged involvement in ferrying crude oil out of Iran.In what the U.S. State Department…

Eagle LNG Project Clears FERC Hurdle

Sep 24, 2019

The U.S. Federal Energy Regulatory Commission (FERC) has issued the order granting authorization for siting and constructing of the proposed on-water Jacksonville liquefied natural gas (LNG) Export Facility, developer Eagle LNG Partners LLC announced…

LR to Lead REShiP Project

Sep 24, 2019

The maritime classification society Lloyd’s Register has been brought in to coordinate REShiP (Renewable Energy Ship Propulsion) project to research and develop renewable energy ship propulsion technologies.REShiP  started in April 2019 with…

KOMIPO, Petronas Ink LNG MoU

Sep 24, 2019

Korea Midland Power (KOMIPO) has signed a memorandum of understanding (MOU) on business development and cooperation in the fields of liquefied natural gas (LNG) and renewable energy with global energy company Petronas of Malaysia, the state…

MAN Energy Joins Green Vessel Coalition

Sep 23, 2019

MAN Energy Solutions has joined a new climate grouping, dedicated to developing zero-emission vessels by 2030 in connection with the UN Climate Action Summit.The ‘Getting to Zero Coalition’ is a partnership between the Global Maritime Forum…

US to Drive New-Build Gas Capacity

Sep 22, 2019

The US is expected to drive new-build gas processing capacity growth in the global gas processing industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 24% of global gas processing capacity growth by 2023…

Qatar, Shell Partner on LNG Bunkering

Sep 18, 2019

State-owned Qatar Petroleum and the Netherlands-based oil and gas company Shell signed a shareholder agreement to establish a joint venture for global LNG bunkering services.The agreement signed by Qatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B…

Colombia's SPEC LNG Expands

Sep 17, 2019

Colombia´s LNG Import Terminal Sociedad Portuaria El Cayao (SPEC LNG) has signed a joint development agreement with Calamari LNG, Avenir LNG and Höegh LNG on providing additional LNG services at the Cartagena import facility.The additional services…

Logistics News

JF Fendercare to Supply Equipment for Terminal Expansion in Singapore

JF Fendercare to Supply Equipment for Terminal Expansion in Singapore

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

China's Imports of Russian Oil Near Record High

China's Imports of Russian Oil Near Record High

Port of Detroit Unveils Plan to Decarbonize Operations

Port of Detroit Unveils Plan to Decarbonize Operations

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