Energy News


Trump Camp Split on Chevron's Venezuela License

Jul 23, 2019

The Trump administration is split over whether to renew a license this week for energy company Chevron Corp's operations in Venezuela, with Secretary of State Mike Pompeo supporting a renewal and others opposing it, three sources with knowledge of the matter said on Tuesday…

Freeport LNG Reaches Milestone

Jul 23, 2019

Freeport LNG has reached final commissioning on Train 1 of its liquefaction project on Quintana Island in Freeport, Texas, following months of construction delays.American multinational engineering firm McDermott International along with its partners…

Novatek Closes in on Arctic LNG 2

Jul 23, 2019

Russian natural gas producer Novatek said it had completed the sale of stakes in its Arctic LNG-2 project to two Chinese companies and a consortium of two Japanese companies.The second largest natural gas producer in Russia announced the closing…

Kawasaki Begins Hydrogen Project

Jul 22, 2019

Japanese public multinational corporation Kawasaki Heavy Industries and its subsidiary company based in Melbourne Hydrogen Engineering Australia announced commencement of construction work to build the Hydrogen Liquefaction and Loading Terminal…

Tolent Begins Triton Knoll Base Work

Jul 19, 2019

UK based contractor Tolent started work to construct a new multi-million offshore construction and operations base for Triton Knoll has officially started at Grimsby’s Royal Dock.Having been awarded the contract last month, Tolent has now begun work to construct control room…

New York Awards Offshore Wind Contracts

Jul 18, 2019

New York on Thursday awarded two major offshore wind contracts to Norway's Equinor and a joint venture between Denmark's Orsted and U.S. utility Eversource, procuring more of the renewable power than it had planned as part of Governor Andrew Cuomo's ambitious plan to slash greenhouse gas emissions…

IEA: U.S., China to the LNG Lead by 2024

Jul 16, 2019

The United States and China will become the world's biggest liquefied natural gas (LNG) exporters and importers, respectively, in five years, according to projections by the International Energy Agency (IEA).U.S. LNG exports are expected to rocket to over 100 billion cubic meters (bcm) in 2024…

Block Energy Acquires West Rustavi Asset

Jul 16, 2019

The oil and gas company in Georgia,  Block Energy said its working interest in the West Rustavi licence, in Georgia, has increased to 100%.The increase, from 71.5% and originally from 25%, follows an agreement made with Georgian Oil & Gas Ltd in late February…

SPARK Joins OSC for $450mln Biz Incubator

Jul 15, 2019

Saudi Aramco's King Salman Energy Park (SPARK) and Dubai-based Oilfields Supply Center Ltd. (OSC) signed an agreement to establish OSC as an anchor tenant at SPARK.OSC will develop a business incubator called the Common User Supply Base (CUSB) in collaboration with Saudi Aramco…

Pieridae Mulls Extensions with Uniper

Jul 12, 2019

Canadian energy company has negotiated extensions of the key deadlines under its 20-year agreement with German energy trader Uniper.These include expected commercial deliveries of  LNG gas to Uniper to start between November 30, 2024 and May 31…

U.S. Oil Makes it to Ukraine, a blow to Moscow

Jul 12, 2019

U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil…

Total, IFPEN Join Forces to Cut Carbon

Jul 10, 2019

The French Institute of Petroleum IFP Energies Nouvelles (IFPEN) and compatriot multinational integrated oil and gas company Total announced that they signed a strategic R&D partnership yesterday, that includes an agreement to endow a chair at the IFP School…

U.S. Offshore Wind: RMG, Bibby Sign MOU

Jul 09, 2019

As the prospects for offshore wind energy continue to grow in and around the United States, so too do the business potential and parnterships. The latest announcement comes from south Florida where Resolve Marine Group and Bibby Marine Services…

LDA Ventures into Wind-Powered Shipping

Jul 09, 2019

French family-owned maritime transportation group Louis Dreyfus Armateurs (LDA) is venturing into wind-powered shipping as the group sees the benefits of operational savings and a need for decarbonisation.LDA Group has become the latest member…

McDermott-Chiyoda Sign Cameron LNG Deal

Jul 08, 2019

American multinational company McDermott International and its joint venture member Chiyoda have reached an agreement with Cameron LNG related to the construction of its LNG liquefaction project in Louisiana.McDermott and Chiyoda are providing the engineering…

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