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US Downplays Impact on LNG Exports from China Trade Spat

Oct 22, 2018

Growing demand from other countries for U.S. liquefied natural gas (LNG) means that the United States is not concerned about a decline in exports to China amid the trade dispute between the countries, a U.S. government official said on Monday…

U.S. Announces Major Offshore Wind Developments

Oct 22, 2018

U.S. Secretary of the Interior Ryan Zinke announced three major developments in American offshore wind energy spanning from coast to coast.The Secretary spoke at the American Wind Energy Association’s Offshore Wind Conference and announced 1…

Peru Suspends Natural Gas Exports, Imposes Fuel Rationing

Oct 18, 2018

Peru has suspended exports of natural gas and will impose fuel rationing due to technical issues at Argentine energy company Pluspetrol's operations in the country, it said on Thursday.Peru, one of South America's largest producers of natural gas…

US Energy Exports to China Plummet

Oct 18, 2018

It's probably not the kind of success U.S. President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies.China's imports of U.S. crude oil…

Several US States Likely Withheld from Offshore Drilling Plan

Oct 17, 2018

Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand U.S. offshore drilling, telling some they lack enough oil to be included anyway, according to state officials and transcripts from public hearings…

Wintershall CEO Meets Norwegian Prime Minister on Growth Plans

Oct 17, 2018

Mario Mehren, CEO of Wintershall, Germany's largest crude oil and natural gas producer, has presented Wintershall’s growth plans in Norway during a visit by Norway's Prime Minister, Erna Solberg, to Berlin.Mehren announced a further increase…

Oil prices rise on signs of falling Iranian oil exports

Oct 16, 2018

Oil prices rose on Tuesday on signs of falling Iran oil exports ahead of U.S. sanctions against Tehran in November, while geopolitical tensions remain over a missing Saudi journalist.International benchmark Brent crude for December delivery rose 9 cents…

Venezuela Sets New Wages for Oil Workers

Oct 10, 2018

Venezuela on Wednesday increased wages for workers at state energy company PDVSA after employees staged small protests to decry meager salaries amid the OPEC nation's economic meltdown.Socialist President Nicolas Maduro in August unexpectedly…

Mexico Plans to Enforce Odebrecht Fines via Seizure

Oct 10, 2018

Mexico plans to enforce fines imposed on Odebrecht over corruption allegations by confiscating some $30 million owed by state oil company Pemex to the Brazilian firm, a top official at the public administration ministry said.Christian Ramirez…

EU Readies 'Polluter Pays' for Ship Waste

Oct 09, 2018

The Transport Committee of the European Parliament adopted the Meissner report on the Port Reception Facilities and gave a mandate to the Rapporteur to start negotiations with the Council to finalise the text of the new law.The European Sea…

US Grants BP, Serica Licence to Run Iran-owned North Sea Field

Oct 09, 2018

BP and Serica Energy received a conditional licence from U.S. authorities to continue operating a North Sea gas field partly owned by Iran's national oil company, Serica said in a statement.The U.S. Office of Foreign Assets Control extended a licence for U…

Tehran Says Saudi Arabia Unable to Replace Lost Iranian Oil

Oct 08, 2018

Iran's Oil Minister Bijan Zanganeh has dismissed as 'nonsense' claims by the Saudi crown prince that Saudi Arabia can replace sanctions-hit Iranian oil in the market.'(Mohammed) bin Salman's remarks and such bragging can only satisfy (U.S. President Donald) Trump…

US Actively Considering Waivers on Iran Oil Sanctions

Oct 05, 2018

The United States is 'in the midst of an internal process' of considering sanctions waivers for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.The Trump administration, which withdrew from a deal over Tehran's nuclear program in May…

Singapore Funds Green Marine Fuel Program

Oct 03, 2018

Maritime and Port Authority of Singapore (MPA) has allocated about USD 3.64 million under the Green Energy Programme to support the development and use of cleaner alternative marine fuels such as biofuels and methanol. Senior Minister of State…

US Crude Oil Shipments to China Halt Amid Trade War

Oct 03, 2018

U.S. crude oil shipments to China have 'totally stopped', the President of China Merchants Energy Shipping Co (CMES) said on Wednesday, as the trade war between the world's two biggest economies takes its toll on what was a fast growing businesses…

Current News

Fugro Gets Marine Survey Job at Indonesia’s LNG and CCS Scheme

Fugro Gets Marine Survey Job at Indonesia’s LNG and CCS Scheme

Turkish Oil Terminal Halts Russian Oil Business

Turkish Oil Terminal Halts Russian Oil Business

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Mermaid Sets Up Subsea Services JV in Vietnam

Mermaid Sets Up Subsea Services JV in Vietnam

Quick Connect: OAL Subsea Pipeline Completed

Quick Connect: OAL Subsea Pipeline Completed

Oil Rises Almost 2% as Markets Await OPEC+ Decision

Oil Rises Almost 2% as Markets Await OPEC+ Decision

TotalEnergies Signs 16-Year LNG Supply Deal with Sembcorp

TotalEnergies Signs 16-Year LNG Supply Deal with Sembcorp

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