State-owned China Oil and Gas Pipeline Network (PipeChina) has started building a liquefied natural gas import terminal in China’s Shandong province. The LNG facility located in coastal city Longkou is the first infrastructure project of PipeChina since its establishment last year. CNOOC transferred
South Korea’s shipping major HMM closed the first quarter of this year with a significantly narrowed net loss, driven mostly by the company’s cost-reduction measures and high profitability of tanker business.
State-owned Qatar Petroleum (QP) has entered into an agreement to acquire stakes in Total’s two exploration blocks offshore the Ivory Coast.
Siemens Gamesa has signed a bank guarantee line for up to EUR 600 million to cover the construction of components for the 1.4 GW Hornsea Two offshore wind farm. Located in the North Sea and owned by Danish utility company Ørsted, the farm will consist of 165 Siemens Gamesa wind turbines. BNP Paribas
The Impact Assessment Agency of Canada has issued a call for public comments on Gazoduq’s LNG feeder pipeline in Québec.
The North Carolina Department of Commerce has issued a Request for Proposals (RFP) to solicit an offshore wind supply chain and infrastructure assessment. The analysis will identify North Carolina’s existing strengths and capabilities relating to the offshore wind sector, and help develop a strategi
Rand Logistics completed the acquisition of American Steamship Company (ASC) from GATX Corporation.
The Finnish technology group Wärtsilä and its compatriot Vantaa Energy have signed an agreement on a joint concept feasibility study for a power-to-gas facility.
French energy company and LNG player Total has agreed to buy some power and gas assets in Spain from Portugal’s EDP. The deal includes 2.5 million B2C customers and two gas-fired combined cycle power plants, which represent an electricity generation capacity of nearly 850 megawatts, Total said on Mo
Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.
Alberta’s energy regulator has blocked a deal between Canada’s Pieridae Energy, the developer of the Goldboro LNG export project, and Shell’s Canadian unit citing clean-up concerns. Pieridae closed a deal worth C$190 million ($134.9m) in October last year to buy Shell’s midstream and upstream gas as
In order to mitigate the effects of coronavirus crisis and low oil prices, oilfield services provider Petrofac is taking further action to reduce costs and preserve balance sheet.
Oil and gas company Wintershall Dea has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling on the Vega field using the West Mira drilling rig.
German shipping major Hapag-Lloyd felt a negative impact of higher bunker prices in the first quarter of this year as it reported lower earnings.
