Italian energy company Snam has selected Lithuanian oil and LNG terminals’ operator Klaipedos Nafta (KN) for collaboration in the start-up of a greenfield FSRU-based LNG terminal in the port of Piombino. KN said it will support Snam in the FSRU installation and subsequent commissioning and testing o
The United Nations Development Programme (UNDP) signed an agreement with tanker owner EURONAV Luxemburg to buy a very large crude carrier (VLCC), as part of the UN-coordinated operation to remove more than one million barrels of oil from a decaying tanker off Yemen’s Red Sea coast. The new vessel to
