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Finland's Fortum Bets on Fledgling Russian Wind Power Market

Jun 28, 2018

Finnish utility Fortum is hoping to attract financial partners for its new wind and solar projects in Russia, where it aims to capitalise on its decade-long presence in the country to expand in renewables.This approach is similar to moves by Denmark's Orsted…

As Mexico Oil Sector Sputters, Crime and Violence Rattle Industry Towns

Jun 28, 2018

Until recently, Edgar Barrera enjoyed a life many Mexicans could only hope for. In a few short years, the 36-year-old bookkeeper rose from handyman to white-collar worker at what seemed to be one of the most stable companies in Latin America: state-owned oil firm Pemex…

U.S. Coal Cargo Reaches China, Beating Import Tariff Deadline

Jun 27, 2018

A vessel carrying 164,000 tonnes of coal from the United States reached Caofeidian port in northern China on Tuesday, Thomson Reuters Eikon ship tracking data showed. The vessel named Partnership is on schedule, while Beijing plans to impose steep tariffs next month on a list of U…

Canada Dreams of Oil Exports to Asia, but California Beckons

Jun 26, 2018

The nationalization of a crude oil export pipeline in western Canada has buoyed long-standing hopes for crude exports to markets beyond the United States - but the most likely destination for much of that oil is California. Faced with declining…

Maritime Decarbonization: The Path Starts in Norway

Jun 26, 2018

Breaking new ground: the all-electric, zero-emissions Future of The FjordsNorwegian cruise vessel offers amazing tourist experience while protecting fragile UNESCO World Heritage environmentFuture of the Fjords, the world’s first all-electric and completely emissions-free ship…

Total, Singapore's Pavilion Energy Sign LNG Ship Fuel Supply Chain Deal

Jun 26, 2018

Total and Singapore's Pavilion Energy have signed a non-binding deal through their subsidiaries to develop a liquefied natural gas (LNG) bunker supply chain in the port of Singapore, the companies said in a joint statement on Tuesday.Total Marine Fuels Global Solutions…

ExxonMobil Mulls "multi-billion" Dollar Singapore Refinery Expansion

Jun 26, 2018

ExxonMobil said on Tuesday it plans to make a final investment decision in 2019 on what it called a 'multi-billion dollar' project that would expand its clean fuel and lubricant output at its Singapore refinery. The project is aimed at increasing…

Global Maritime Appoints Frank as US Country Manager

Jun 25, 2018

Global Maritime appointed Eric Frank to oversee its’ United States operations based out of Houston. Frank, who will also be responsible for Global Maritime’s Dynamic Positioning (DP) services throughout the US, brings 27 years’ offshore and…

What Saudi Arabia Does Now is Key for Global Crude Markets: Russell

Jun 25, 2018

If it were possible to boil the crude oil market down to just one determining factor for the coming months, it would be this: What will Saudi Arabia actually do? The Saudis appear to have emerged as the winners from last week's meeting of…

Saudi Aramco: 2 mln bpd of Spare Capacity Exists

Jun 25, 2018

Saudis can produce up to 12 mln bpd if needed; can meet additional demand if any supply disruptions - Aramco CEO Oil giant Saudi Aramco has spare capacity of 2 million barrels per day (bpd) and can meet additional oil demand in case of any interruption in supplies…

Fronius Updates its Welding Systems Portfolio

Jun 22, 2018

From the automotive and component supply industry to machine and plant construction, and also the oil and gas industry: mechanized welding processes are indispensable in all metal-working sectors. Fronius Perfect Welding therefore offers a wide…

Russia's Novatek, S.Korea's Kogas Sign LNG Agreement

Jun 22, 2018

Russian energy company Novatek and South Korea's state-run Korea Gas Corp (KOGAS) signed an agreement on liquefied natural gas (LNG) cooperation after talks between Russian President Vladimir Putin and his South Korean counterpart, Moon Jae-in…

LNG to Benefit Philippines, Says ADB Energy Expert

Jun 21, 2018

The Philippines stands to benefit from introducing liquefied natural gas (LNG) to support power generation and making it part of its energy mix, the government's Philippine News Agency reported quoting  an energy sector expert for the Asian Development Bank (ADB)…

DNV GL Unveils Renewable Energy Data Platform

Jun 21, 2018

DNV GL is launching GPM Horizon, a data monitoring platform with full integration of current and future renewable energy systems including solar PV, wind and energy storage assets. GPM Horizon enables future-proof fleet management by bringing…

Lukoil, Eni Discussing Possible Swap of Mexico Licences

Jun 21, 2018

Lukoil, Russia's second biggest oil producer, is considering swapping licences with Italy's Eni in Mexico, First Deputy Chief Executive Ravil Maganov said on Thursday.In March, Eni and Lukoil won offshore exploration and production licences in the Cuenca Salina basin in Mexico…

Current News

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

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