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ADNOC, Inpex in LNG Bunkering Pact

Dec 06, 2018

ADNOC Logistics & Services (ADNOC L&S), a wholly-owned subsidiary of UAE's ADNOC, has signed an agreement with Japan's Inpex Corp to collaborate on LNG bunkering activities.Under the agreement, ADNOC L&S and Inpex will explore opportunities…

Revisions to Petrobras' Investment Plan Likely

Dec 06, 2018

Brazil's right-wing President-elect Jair Bolsonaro is likely to revise the just-announced investment plans of state-controlled oil company Petroleo Brasileiro SA, newspaper O Estado de S. Paulo reported on Thursday, citing an unnamed source…

Carbon Trust, ClassNK Consulting Service Partner on Climate Change Support

Dec 06, 2018

The Carbon Trust and ClassNK Consulting Service Co., Ltd. have signed an agreement to work together to develop a commercial partnership for offering climate change and sustainability services. The partnership will initially involve the two organizations…

Statkraft, Norske Skog Ink Multi-Year Power Supply Deal

Dec 06, 2018

Statkraft and Norske Skog Skogn AS and Norske Skog Saugbrugs AS have entered into new long-term industrial power supply agreements for the period from December 1, 2018 to December 31, 2026. The total delivery will be about 14 TWh, with annual deliveries of approximately 900 GWh to each mill…

Strategic Appointment for Carlton Resource Solutions

Dec 06, 2018

Carlton Resource Solutions has strengthened its senior management team with the addition of a highly experienced director to a key strategic role.With 22 years’ experience in oil and gas recruitment, Doug Robertson has joined the Aberdeen-based…

Nordea to Boost Finance for LNG Shipping

Dec 06, 2018

Nordea Bank aims to increase shipping finance activities to the growing liquefied natural gas (LNG) industry, executives at one of the world's biggest shipping financiers said.China's crackdown on pollution and its growing demand for more environmentally friendly sources of power…

Oil Falls After OPEC Delays Output Decision

Dec 06, 2018

Oil fell in choppy trading on Thursday after OPEC ended a key meeting having made no decision on crude output, as it prepared to debate the matter with other exporters the next day.The Organisation of the Petroleum Exporting Countries (OPEC)…

Croatia's HEP to Invest $1.85 bln in Renewable Energy by 2030

Dec 06, 2018

Croatia's state-run power utility HEP aims to boost renewable energy to 50 percent of its total capacity from the current 35 percent, investing 1 billion Croatian kuna ($153.96 million) a year on average until 2030, it said on Thursday.It will upgrade existing hydro power plants…

OPEC Agrees Oil Output Cut, No Final Figure Yet

Dec 06, 2018

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final figure, an OPEC delegate said.Saudi Energy Minister Khalid al-Falih said earlier that the Organization of the Petroleum Exporting Countries needed non-OPEC Russia to come on board with cuts…

Yamal LNG Fills-up 100th Tanker

Dec 05, 2018

Novatek’s Yamal LNG plant in the Russian Arctic has shipped its 100th tanker-load – bringing the total volumes shipped by the plant to 7.4 mt since it entered operations in December 2017.The ice-class Arc7 LNG carrier Fedor Litke was the 100th tanker to be loaded with LNG…

Guangzhou Launches World's First Icebreaking LNG Tanker

Dec 05, 2018

The world's first liquid natural gas (LNG) carrier tanker was named 'Boris Sokolov' and delivered by Guangzhou Shipyard International in Guangzhou City.According to Chinese state media, the Arctic condensate tanker carrier designed to traverse the world's icy northern polar region…

Equinor, Faroe Petroleum in Asset Swap

Dec 05, 2018

Britain's Faroe Petroleum has agreed to swap oil and gas fields with Norwegian state firm Equinor as it fights a hostile takeover from Norwegian oil and gas operator DNO.It appears that Faroe in fight-back mode after DNO’s so-called ‘opportunistic’ bid…

Scrubber Manufacturers Slams Singapore Open-Loop Scrubbers Ban

Dec 05, 2018

Exhaust Gas Cleaning Systems Association (EGCSA) has attacked Singapore's restrictions on open-loop versions of the systems as 'disappointing' and 'politically motivated.'The scrubber manufacturing industry body said in a press release: 'The…

LNG Bunkering Booming in Rotterdam Port

Dec 05, 2018

Port of Rotterdam to grant nine  licenced liquified natural gas (LNG) bunkering licences by 2020, a port official has said.Six of the licenses are already for regular use in port LNG bunker operations to refuel LNG-powered cruise, cargo, tanker and container vessels…

Canada-US Pipelines Restart After Weather Disruptions

Dec 05, 2018

Two major pipelines carrying oil from Canada to the United States resumed operations on Wednesday after brief disruptions due to power outages from severe weather in Saskatchewan, Canada, a day earlier.A number of lines on Enbridge Inc's Mainline system…

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