Epic Gas Bullish on LPG Carriers Market
Global seaborne liquefied petroleum gas (LPG) volume is expected to grow by over 6% in 2019 and surpass 100 million tonnes for the first time.Singapore based provider of pressurised LPG vessels, Epic Gas said…
Exmar's Tango FLNG Arrives in Argentina
Belgian shipowner Exmar said its first floating LNG (FLNG) production unit Tango FLNG, to be renamed Tango FLNG, has berthed in Bahia Blanca, Argentina.The Nicolas Saverys-led shipowner said in a press release…
New Design for Liquid Hydrogen Bunkering Vessel Unveiled
Design and engineering services company Moss Maritime has, in cooperation with Equinor, the global maritime industry group Wilhelmsen and DNV GL, developed a design for a liquefied hydrogen (LH2) bunker vessel.The…
Offshore Terminal Plan Slowed by U.S. Shutdown
The U.S. government shutdown has delayed Enterprise Products Partners LP's plan to build a major U.S. crude export terminal off Houston, blocking the pipeline operator from filing paperwork with U.S. regulators…
US Oil and Gas Industry Confidence Surges
Senior oil and gas professionals in the United States are among the world’s most confident about the outlook for the sector in 2019, as companies prepare for significant increases in capital expenditure (capex)…
Trafigura Boosts LNG Volumes by 22%
Geneva based commodity trading company Trafigura increased its liquefied natural gas (LNG) traded volumes by 22% to 9.9 million mt in its financial year ending September 30 2018, driven by sales to China and South Korea…
Chevron Announces Leadership Changes
Oil major Chevron announced Monday it has named Navin Mahajan vice president and treasurer, effective February 1, 2019, and Dale Walsh vice president of Corporate Affairs, effective March 1.Mahajan, who is currently vice president…
Versalis, Petrochem JV for O&G Industry in Middle East
Versalis, the Eni chemical company, Petrochem and Mazrui Energy Services have signed an agreement to establish Versalis Petrochem Mazrui (VPM), a joint venture for the commercialization of innovative chemicals…
Ultra Petroleum Appoints David Honeyfield as CFO
Ultra Petroleum informed that David Honeyfield has been appointed to serve as CFO of the gas producer with assets in Wyoming’s Green River Basin.A press release from the energy company engaged in domestic natural gas and oil exploration…
Carlyle Group Acquires EnerMech from Lime Rock Partners
Global alternative asset manager The Carlyle Group announces that it has agreed to acquire EnerMech Group Ltd, an international services company providing critical asset support to the energy, infrastructure and industrials sectors…
OPITO Appoints Cullens as Director of Strategic Development
OPITO, a global, not-for-profit skills body for the energy industry, has appointed Mark Cullens to the new role of director of strategic development.Cullens, who joins from Petrofac Training Services where…
Enestas Boosts SEA\LNG’s Presence in Americas
SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, announced that it has welcomed Mexico-based LNG company Enestas to…
Quadrise Fuels Signs MoU with Freepoint Commodities
Fuel oil technology firm Quadrise Fuels International said it had signed a non-binding memorandum of understanding with commodities trader Freepoint Commodities to provide commercial opportunities for its…
Wison Wins FEED Contract for Canadian FLNG Project
Wison Offshore & Marine announced it has been awarded a contract to carry out front-end engineering design (FEED) for a proposed floating liquefied natural gas (FLNG) project sited in British Columbia, Canada.Wison…
Rolls-Royce, TSK to Deliver Five Power Plants
A consortium comprising EPC contractor TSK and Rolls-Royce has signed an engineering, procurement and construction (“EPC”) contract with Prime Energía Quickstart Spa, a subsidiary of Prime Energia SpA (“Prime Energía”)…
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 more deliveries to a region where prices are currently at seasonal three-year highs.The 400…
Fugro Sells Seep Data Before Canadian Offshore Bidding
Fugro and partner Amplified Geochemical Imaging (AGI) have reported recent success selling licenses for data from a frontier region offshore Canada. The data were acquired during a hydrocarbon seep survey…
New Consortium for Offshore Decommissioning
A new global oil and gas decommissioning consortium launched today sets out to bring a collaborative supply chain approach, offering an end-to-end solution to reduce the decommissioning burden, risk and cost for operators.The consortium…
OPEC: Oil Markets Tightening Even as U.S. Shale Booms
The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply cuts while revising up its forecast for production from rivals who have benefited from higher oil prices. U.S.
OPEC Sees Higher 2018 Supply from Rivals, Stronger Demand
OPEC on Thursday revised its forecast for supply growth from its rivals for 2018 by nearly three times more than its revised projection of growth in global oil demand. It said growth in non-OPEC oil supply was forecast to rise by a further 80…
