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FortisBC Set to Expand its Tilbury LNG Facility
FortisBC Energy Inc. today selected Bechtel Canada Co. (Bechtel) as the contractor…
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Royal Dutch Shell Q2 2014 Results 'More Robust' Says CEO
Royal Dutch Shell informs that its second quarter 2014 earnings, on a current cost…
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FERC Approves Freeport LNG Export Project
U.S. federal regulators on Wednesday approved construction of Freeport LNG Development…
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CEO: Siemens Needs Time to Fix Energy Issues
Q3 core profit misses consensus on one-off charges; CEO says problems may persist well into 2015.
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Brekelmans Named Shell Projects & Technology Director
Royal Dutch Shell plc announced the appointment of Harry Brekelmans as Projects &…
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PEMEX 1H 2014 Report Shows $8 bi Surplus
During the first half of the year, PEMEX recorded a surplus in 8000 of $ 223 million in cash flow in its trade balance of oil…
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US DOE Approves Oregon LNG Export Project
The U.S. Energy Department said on Thursday it has approved Oregon LNG to export liquefied natural gas, as the Obama administration…
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Kurdistan Says Crude Cargo Near Texas Legally Sold
A $100 million cargo of crude oil in a tanker near Texas was legally shipped and sold by Kurdistan, lawyers for the autonomous…
Latest news
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Fugro Achieves Innovation through Integration
When Aberdeen-based Diamond Offshore wanted to add new functionality to the existing helideck monitoring system on the Ocean…
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Kirby Reports Record Q2 2014
Record 2014 second quarter earnings per share of $1.31 compared with $1.11 in the 2013 second quarter, which included a $0.07…
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BMT ARGOSS Awarded OHSAS 18001
BMT ARGOSS, an operating company of BMT Group Ltd. has been awarded the universally recognized standard for occupational health and safety…
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Milford Haven Refinery to Remain Shut Until October
The Milford Haven refinery in Wales will remain idle until Klesch Group completes its acquisition from Murphy Oil, probably at the end of October…
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Transocean Prices Initial Public Offering
Transocean Partners LLC, a Marshall Islands limited liability company formed by Transocean Ltd., has announced the pricing…
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EU Adopts Toughest Russian Sanctions Yet
The European Union formally adopted sanctions on Thursday curbing arms sales to Russia and cutting off financing for targeted…
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German Experts Warn Government Against Capacity Market for Power
A capacity market, designed to help unprofitable conventional power plants when green energy is unavailable, is not needed in Germany…
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OMV Petrom Sells Congaz Stake to GDF Suez Romania
Romania's OMV Petrom , owned by OMV of Austria, said on Thursday it sold its 28.59 percent stake in non-core gas distribution…
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Eni Confirms Output Target, Puts Saipem Stake on Block
Italian oil and gas group Eni on Thursday confirmed a previous target for an average annual growth rate of 3 percent in oil…
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Shell: European Refineries to Get No Mercy
Anglo Dutch oil company Royal Dutch Shell will show no mercy to underperforming oil refineries in Europe as it seeks to improve returns…
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UK Oil Imports Exceed Exports for First Time in 30 Years
Britain imported more oil products than it exported last year for the first time in 30 years, an official report shows, and…
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Fire Reported at Britain's Ferrybridge Coal Power Plant
A fire has broken out at the Ferrybridge coal-fired power plant in West Yorkshire in Britain, operator SSE said on Thursday.
Offshore Oil & Gas
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Norway Delays Key Gas Maintenance
Norwegian gas system operator Gassco will start a round of maintenance work involving 124 million cubic meters per day one…
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Kurdish Crude Lightered, Destination Unknown
Part of a Kurdish oil cargo has been offloaded from a Greek-managed tanker into another tanker in the South China Sea, but…
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Exxon Mobil quarterly profit jumps 28 percent
Exxon Mobil Corp, the world's largest publicly traded oil company, said on Thursday its quarterly profit jumped 28 percent…
Shale Oil & Gas
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Nigeria's Seven Energy Pulls Planned Bond Issue
The oil and gas company, rated B- by both Standard & Poor's and Fitch, had announced guidance of 9.5% area for an up to $500…
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Fifth Tanker of Iraqi Kurdish Oil Loading in Turkey
The fifth cargo of crude oil from Iraqi Kurdistan was being loaded at Turkey's Mediterranean port of Ceyhan on Thursday and…
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Estimate Cut for Poland Shale Gas
80 shale wells to have been drilled by late 2014; Initial forecast was for 100 wells. First commercial shale gas production…
LNG
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Kinder Morgan inks New England Gasline Contracts
Kinder Morgan Energy Partners LP said natural gas distribution companies in New England have agreed to buy firm gas on the U.S.
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FERC Approves Freeport LNG Export Project
U.S. federal regulators on Wednesday approved construction of Freeport LNG Development LP's liquefied natural gas export project in Texas.
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Oil India Bids for Murphy Oil's Malaysia Assets
ONGC to own 20 percent stake, Oil India 10 percent; Murphy invited bids for 30 pct stake in Malaysian assets. India's state…
Renewables
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Germany Adds 1,723 MW Onshore Wind Capacity
Germany adds 1,723 MW of onshore capacity in Jan-June; BWE/VDMA see 3,300-3,700 MW total 2014 installations. Total end-2014 capacity could be over 37…
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Global Nuclear Power Falls to Lowest Level Since 1980s
Atomic power's share of global electricity supply is at the lowest level since the 1980s following the shutdown of Japan's…
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New Crewboat Design for Offshore O&G Market
Upgraded crewboat design employs carbon-reinforced composite materials and is lighter, faster and more fuel-efficient than alternatives.
Technology
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Rosneft Expands Deal with North Atlantic Drilling
Russia's top oil producer Rosneft and North Atlantic Drilling have entered into a drilling agreement worth up to $4.25 billion…
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Oil Below $108 as Supplies Balance Geopolitical Risk
Brent crude oil steadied below $108 a barrel on Wednesday, weakened by ample supplies but supported by worries over geopolitical risks.
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German Environment Agency Calls for Rules Preventing Fracking
Germany's Environment Agency said it wanted to make fracking practically impossible to head off the risk that the technique…
Legislation
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Ex-Yukos CFO Pleased with ECHR Damage Ruling
Bruce Misamore, former chief executive officer of now-defunct Russian oil producer Yukos, said on Thursday he was "very pleased"…
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Nevzlin Unlikely to Leave Yukos Fight
Nevzlin was partner with Khodorkovsky in Yukos; has said he will fight if Russia resists paying $50 bln claim. Former Yukos…
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Hess Plans IPO for Bakken Assets
Hess to form a MLP holding pipeline and other assets; file registration statement with regulators in Q4. Expects to launch…
