REN-operated Sines LNG import terminal in Portugal has booked a cargo of the chilled fuel, shipping data by the Port of Sines shows.
Offshore driller Shelf Drilling has entered into a definitive agreement to buy the Ocean Scepter jack-up drilling rig from Diamond Offshore.
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Asian spot prices for liquefied natural gas (LNG) reportedly dropped for a second consecutive week due to lower trading activity and a slow down in buying from China. Spot prices for August delivery in Asia fell to $10.30 per million British thermal units (Btu), down 30 cents from the previous week,
Since the fall in oil prices in 2014, oil majors and international oil companies (IOCs) have accelerated a shift towards resource themes and regions offering higher returns, lower complexity and shorter timeframes
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Qatar Petroleum is moving forward with its plans to increase the country’s LNG output by 30 percent, from 77 million tons per year to 100 mtpa in order to meet the rising global demand.
The level of customers’ satisfaction with the service quality of container lines is down.
Today, once again, marks the IMO Day of the Seafarer, focused this year on seafarer wellbeing.
OPEC oil ministers on Friday concluded their Vienna conference where it was decided that there would be an increase in oil production starting July 1, 2018. No firm numbers were given in OPEC’s press release released on Friday.
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As the OPEC meeting is underway in Vienna on Friday to discuss the path forward, the Norwegian energy intelligence group Rystad Energy has shared a list of five reasons in support of an output hike.
Organization of the Petroleum Exporting Countries meets on Friday to decide output policy
The Hague-based LNG giant Shell said it has completed the sale of its 22.2222 percent interest in the Bongkot field offshore Thailand to PTT Exploration and Production for $750 million.