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Nord Stream's Last Pipe Leaves Sweden Port

Aug 08, 2019

The last Nord Stream 2 pipe stored within the premises of the port of Karlshamn left the storage area. Russia’s  Nord Stream 2 AG is the operator of the Nord Stream 2 gas pipeline project.Nearly 39,000 pipes have transited through the port since October 7…

U.S. Crude Exports Reach a Record of 3.16 mln bpd

Aug 02, 2019

U.S. crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd as South Korea bought record volumes and China resumed purchases, data from the U.S. Census Bureau showed on Friday.South Korea surpassed Canada to become the biggest purchaser of U…

Oil slumps 7% as More Tariffs Loom

Aug 01, 2019

Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1.The drop in Brent crude was the steepest in more than three years…

Enterprise Products to Build GoM Crude Terminal

Jul 31, 2019

Enterprise Products Partners LP said on Wednesday it expects to take about two years to construct its oil export project called Sea Port Oil Terminal, or SPOT, in the U.S. Gulf of Mexico.Permitting for the terminal was expected to reach the…

Fire Erupts at Exxon's Baytown complex; 37 Hurt

Jul 31, 2019

Exxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex injuring 37 people and sending nearby residents indoors.As many as 37 people were being treated for non-life threatening injuries amid efforts to put out the fire…

Enterprise, Chevron to Build Offshore Port

Jul 31, 2019

Pipeline operator Enterprise Products Partners  signed long-term agreements with Chevron Corp to develop Enterprise’s Sea Port Oil Terminal (SPOT) in the Gulf of Mexico.The American midstream natural gas and crude oil pipeline company said in…

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…

LNG Bunkering Market to Reach $12bn by 2024

Jul 11, 2019

The global LNG bunkering market was valued at approximately USD 397.70 million in 2017 and is expected to generate revenue of around USD 11899.60 million by the end of 2024, growing at a CAGR of around 59.4% between 2018 and 2024.LNG bunkering…

Light Sweet Crude Exports Jump at LOOP

Jul 09, 2019

The Louisiana Offshore Oil Port (LOOP) exported a record 283,333 barrels per day of light sweet crude last month, according to trade sources, as prices weakened against global Brent.LOOP, which exports mostly medium sour grades produced in the U…

Corpus Christi Train 2 Delivers 1st LNG Cargo

Jul 05, 2019

Bechtel Corporation and Cheniere Energy  have completed the first liquefied natural gas (LNG) commissioning cargo from Train 2 at the Corpus Christi Liquefaction (CCL) export terminal in Texas, US.A joint press release from the firms said that…

DP World buys Topaz Energy for $1 bln

Jul 01, 2019

Port operator DP World Plc will buy Topaz Energy and Marine Limited for $1 billion from Standard Chartered and Renaissance Services, DP World said on Monday.Topaz is a provider of marine logistics to the global energy industry. The deal is the…

India to Evacuate Thousands as Cyclone Nears West Coast

Jun 11, 2019

Indian authorities are preparing to evacuate 300,000 people along the western coast as a severe cyclone is expected to make landfall on Thursday morning in the state of Gujarat.Storm Vayu, which formed in the Arabian Sea, is likely to cross…

Tainted Oil Set for Russian Refineries, Ports After Dilution

May 31, 2019

More than a million tonnes of contaminated oil from Russia's Druzhba ('Friendship') pipeline, expected to be shipped back from Belarus, will end up at Russian refineries and export ports after being diluted to usable levels, sources have told Reuters…

First ANS Cargo in One Year on Way to China

May 30, 2019

One million barrels of Alaskan crude is due in China next week, the first such shipment in almost a year, according to data from Refinitiv Eikon and vessel-tracking firm Kpler.China's imports of U.S. crude have fallen amid the two countries' trade dispute to 41…

Oil Shipments from Georgia's Batumi Port Drop

May 01, 2019

Oil and oil-related shipments from Georgia's Black Sea port of Batumi dropped 24 percent in the first four months of 2019 from a year earlier, an official at a KazMunaiGas-operated terminal at the port said on Wednesday.Shipments of crude oil…

Current News

Petronas and ExxonMobil to Pursue CCS Projects in Malaysia

Petronas and ExxonMobil to Pursue CCS Projects in Malaysia

T7 Global Wins Offshore Decom and Headhunting Jobs from Hibiscus, PTTEP

T7 Global Wins Offshore Decom and Headhunting Jobs from Hibiscus, PTTEP

Santos Faces New Delay on Barossa Gas Pipeline Due to Heritage Assessment

Santos Faces New Delay on Barossa Gas Pipeline Due to Heritage Assessment

Taiwan: Taiya Renewable Energy to Join Floating Wind Demonstration and 3-2 Zonal Development in 2023

Taiwan: Taiya Renewable Energy to Join Floating Wind Demonstration and 3-2 Zonal Development in 2023

IEA's Birol Expects Tighter Energy Markets in 2023

IEA's Birol Expects Tighter Energy Markets in 2023

Samsung Heavy, MISC to Build Floating CO2 Storage Units

Samsung Heavy, MISC to Build Floating CO2 Storage Units

Wintershall Dea Exits Russia

Wintershall Dea Exits Russia
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