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Liftboat Milaha Explorer Deployed off West Africa
Qatar-based maritime and logistics conglomerate Milaha said its liftboat Milaha Explorer has been deployed off the coast of West Africa as part of a long-term charter with a major international oil company.Milaha’s President and CEO, Abdulrahman Essa Al-Mannai, said, “Over the past few months…
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Nordex scores biggest ever single contract
German wind turbine maker Nordex on Tuesday said it had won a contract to supply and install 191 wind turbines with a capacity of 595 megawatts in Brazil, marking the company's biggest ever single contract to date.The order from Italian utility Enel is for the Brazilian wind farm Lagoa dos Ventos, which is located in the north of the country.
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Hundreds of Oil Workers Strike in Norway
Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds more workers would join the strike on Sunday…
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US Oil Exports to India Soar Ahead of Iran Sanctions
U.S. crude oil exports to India hit a record in June and so far this year are almost double last year's total as the Asian nation's refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.U.S. President Donald Trump's administration has been…
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Powering Ships with Plastic in Amsterdam
In the Port of Amsterdam, a new factory is being built that could revolutionize the way we dispose of plastic waste. Utilizing groundbreaking technology, the facility will use previously unrecyclable plastic to create fuel for diesel powered cargo ships. The group behind the facility is Bin2Barrel…
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Funding Secured for Israel's Largest Wind Farm
Enlight Renewable Energy said on Monday it secured 525 million shekels ($145 million) in financing to build Israel's largest…
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Equinor Acquires Energy Trader Danske Commodities
Norwegian oil and gas major Equinor, formerly Statoil, is acquiring the Danish energy trading company, Danske Commodities…
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Sinovel Fined for AMSC Trade Secret Theft
A U.S. judge ordered Sinovel Wind Group Co Ltd, a Chinese wind turbine maker, to pay a $1.5 million fine after the company…
Latest news
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Oil Falls for Second Week as Supply Concerns Ease
Oil prices were set for a second straight week of decline on Friday after Libyan ports reopened and on the view that Iran…
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Iran Says U.S.-Caused Oil Spike Will Slow Growth, Add to Tariff Impact
A rise in oil prices caused by the United States' sanctions policies will hurt economic growth in China, Europe and other consumers…
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No Contact Yet Between Parties in Norway Oil Strike
A Norwegian union representing striking oil workers and employers' representatives were not talking to each other as of Thursday…
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German North Sea Wind Production on the Rise
Offshore wind power plants in Germany's North Sea produced 5.15 percent more electricity from January to June than in the…
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EPA Scraps Plan to Force US Refiners to Blend More Biofuels
The U.S. Environmental Protection Agency ditched a detailed plan that would have forced refiners to blend more biofuels into…
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Inpex to Ship First Ichthys LNG Cargo by End of September
Inpex said it expects to ship first cargo from its Ichthys liquefied natural gas (LNG) project in Australia by the end of…
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ABB Wins Order for World's Biggest Offshore Wind Farm
ABB has won orders worth more than $150 million from Danish energy company Ørsted to supply technology to transmit wind energy from the 1…
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India Cuts Iranian Oil Imports Ahead of Sanctions
Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to…
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Key Oil Export Terminals Reopen in Libya
Tripoli-based National Oil Corp (NOC) said on Wednesday four export terminals were being reopened after eastern factions handed over the ports…
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Brazil Charges Former Vantage Drilling Chief with Corruption
Brazilian federal prosecutors on Thursday charged the former chief executive of U.S. oil services company Vantage Drilling…
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Exxon Expands Mozambique LNG Project to Cut Costs
Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the…
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Saudi Refinery Exports First Gasoline Barrels to U.S.
A refinery in Saudi Arabia has shipped its RBOB gasoline to the United States for the first time, a potential precursor for…
Offshore Oil & Gas
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Britain Launches North Sea Frontier Oil, Gas Licensing Round
Britain's Oil and Gas Authority on Tuesday launched a licensing round for 1,766 offshore oil and gas blocks in the North…
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Petrobras May Partner with Total on Wind, Solar Power in Brazil
State-controlled oil company Petróleo Brasileiro SA has signed a nonbinding agreement with France's Total SA and its renewable energy arm to assess po
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Alpha Offshore Bags Offshore Wind Blade Repair Contract
Alpha Offshore Service A/S has been awarded a contract with NoordzeeWind, a Joint Venture between utility company Nuon and Shell…
Shale Oil & Gas
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Saudi Refinery Exports First Gasoline Barrels to U.S.
A refinery in Saudi Arabia has shipped its RBOB gasoline to the United States for the first time, a potential precursor for…
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Oil Falls After Libyan Ports Reopen, Trump Tariff Threat
Global oil benchmark Brent fell more than $2 a barrel on Wednesday after U.S. President Donald Trump threatened to levy new…
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Nord Stream to Shut Gas Pipeline for Two-Week Maintenance
Nord Stream said on Tuesday it would shut both lines of its pipeline transporting Russian gas to Europe through the Baltic…
LNG
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Pertamina Ends 'Unfeasible' LNG Terminal Project
Indonesia's state owned energy holding company, Pertamina, has decided not to go ahead with what would have been the country's…
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Japan's First LNG Bunkering Vessel to Launch in 2020
Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho, and Nippon Yusen KK said on Friday that their joint venture has…
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Why Trump is Pressing Saudis to Lower Oil Prices: Kemp
The United States and Saudi Arabia appear to have reached an understanding: Washington will reduce or eliminate Iran’s oil…
Renewables
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Trump Effort to Lift U.S. Offshore Wind Sector Sparks Interest
The Trump administration wants to fire up development of the U.S. offshore wind industry by streamlining permitting and carving…
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China's Ethanol Push in Doubt as U.S. Trade Dispute Widens
Beijing slows approval process for new ethanol plants; ationwide roll-out of E10 fuel by 2020 in doubt. China's ambitious…
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Saipem: MoU for California-based Renewable Energy Deal Signed
Saipem has signed a Memorandum of Understanding as well as an exclusive agreement with California Ethanol & Power, LLC, for…
Technology
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Trelleborg Solutions to FSRU-Based LNG Terminal
Trelleborg’s marine systems operation has supplied a suite of products to H-Energy’s Floating Storage Re-gasification Unit…
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Airborne, Subsea 7 Launch TCP Riser Program
Oilfield technology firm, Airborne Oil & Gas, has started a qualification of a TCP Riser for deepwater and dynamic applications…
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DNV GL Unveils Renewable Energy Data Platform
DNV GL is launching GPM Horizon, a data monitoring platform with full integration of current and future renewable energy systems including solar PV…
Legislation
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Brazil Court Blocks $892.7 mln from SBM Related to Petrobras Contracts
A Brazilian federal court ruled that state-run oil company Petroleo Brasileiro SA can subtract $892.7 million it owes in future fees to Dutch group SB
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Preparations for Aramco IPO Listing Stalled - WSJ
Public listing preparations of state-run Saudi Aramco <IPO-ARMO.SE> have stalled, the Wall Street Journal reported on Thursday.
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Fall from Grace: Batista Gets 30-Years for Corruption
Eike Batista, the former mining and oil magnate who was once Brazil's richest man, was convicted and sentenced to 30 years in prison for bribing Rio d
