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Build It and They Will Buy: The New World of LNG Canada

Oct 03, 2018

The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of 'she'll be right, mate.'The LNG Canada…

Chevron Extends North Sea Contract with Petrofac

Oct 03, 2018

Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petrofac since 2014, commenced on September 30…

Baker Hughes to Bid for Petrobras Production-sharing Contract

Oct 03, 2018

General Electric Co's unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil's Petrobras, a Baker Hughes executive said on Tuesday, as the state-run oil company seeks creative ways to boost output from mature fields…

Japan Transfers Excess Renewable Power Between Regions for First Time

Oct 03, 2018

Japan transferred excess renewable energy supplies between two of its electricity regions for the first time since a major shakeup of its power sector, the country's grid monitor told Reuters.The transfer of excess solar power supplies from…

Exxon Mobil Eyes Major Investment at Singapore Refinery

Oct 03, 2018

Exxon Mobil Corp is considering a multi-billion dollar investment at its Singapore refinery, the company's largest, ahead of new global shipping fuel regulations starting in 2020, a senior executive said on Wednesday.'We are currently assessing…

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…

Putin Says US LNG Uncompetitive in Europe

Oct 03, 2018

Russia's President Vladimir Putin said on Wednesday that liquefied natural gas (LNG) from the United States was uncompetitive in Europe.Putin said at the Russian Energy Week in Moscow that U.S. LNG was 30 percent more expensive compared to Russian…

IAPH Audit Tool for Safe, Sustainable LNG Bunkering

Oct 02, 2018

International players in the shipping sector - International Association of Ports and Harbors (IAPH), Titan LNG, Bureau Veritas, large oil and gas companies such as Shell and ship owners such as NYK and Carnival Corporation - developed a tool for making LNG bunkering safe and sustainable…

Unease Over IMO 2020 Low-Sulphur Rule: Drewry Survey

Oct 02, 2018

There is considerable unease among global shippers/BCOs (Beneficial Cargo Owners) and freight forwarders ahead of the IMO’s 2020 global emissions regulations, due to come into force on 1 January 2020, according to a survey conducted by global shipping consultancy Drewry…

Shell's LNG Canada Seen as Tip of Megaproject Iceberg

Oct 02, 2018

The launch of a massive liquefied natural gas (LNG) export project in Canada has finally fired the starting gun on a wave of plan approvals around the world, needed to avoid a supply crunch after 2020.Royal Dutch Shell said it would export LNG…

Putin to Meet Shell CEO in Moscow: Kremlin Aide

Oct 02, 2018

Russian President Vladimir Putin will meet Royal Dutch Shell Chief Executive Ben van Beurden in Moscow this week, Kremlin aide Yuri Ushakov told reporters on Tuesday.Ushakov said Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia's Pacific coast…

Amarenco Becomes France's Number One in Rooftop Solar

Oct 02, 2018

Amarenco, a leading European renewable energy IPP, has announced that it has become number one in the highly competitive 100kW-8MW rooftop solar segment in France, after winning 32MW in the latest CRE4.5 Buildings tender. Amarenco has been awarded…

Mitsubishi Signs on $31 Bln LNG Canada Project

Oct 02, 2018

Japanese trading house Mitsubishi Corp said on Tuesday it will join in developing the LNG Canada project in British Columbia led by Royal Dutch Shell, which has taken a final investment decision to go ahead with the development.The C$40 billion ($31 billion) project…

Bangladesh to Hold Talks with ENOC for LPG Terminal

Oct 02, 2018

Bangladesh will hold talks with Dubai-based Emirates National Oil Company (ENOC) to set up an liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said on Tuesday.'ENOC has sent us a proposal for a joint venture project to build an LPG terminal…

Bill Allowing US to Sue OPEC Drawing Renewed Interest

Oct 02, 2018

With oil prices hitting fresh four-year highs, long-dormant proposals to allow the United States to sue OPEC nations are getting a fresh look in Congress, though they were once considered a longshot to becoming law.A U.S. Senate subcommittee…

Current News

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DOF Secures Moorings Hook-Up Job in Asia Pacific

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Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Floating Offshore Wind Test Center Planned for Japan

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

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