Barring additional oil production cuts by OPEC in 2020, Norwegian energy intelligence company, Rystad Energy, forecasts a substantial build of global crude stocks and a corresponding drop in oil prices.
IUMI: There is a concern that the incoming IMO sulphur cap may generate a spike in H&M claims.
Construction of the liquefied natural gas on the Croatian island of Krk is progressing on schedule according to the company’s managing director.
SAL Heavy Lift’s multi-purpose cargo ship Svenja has arrived at the Redcar Bulk Terminal, the UK, to pick up the third batch of transition pieces for the Borssele 1+2 offshore wind project. Svenja is picking up six transition pieces, which were produced by EEW Offshore Structures Britain (OSB) and b
Greek oil company Energean has pledged to become a net-zero emissions company by 2050.
The vast majority of ships in the German fleet will run on the new low sulphur fuel oil from January 1.
Based on the latest update, the fire has been extinguished.
Chart Industries said it has completed the one-month test period at Europe’s largest liquefied natural gas station built for AlternOil near Bakum, Germany.
Based on Fitch Ratings’ new report on the shipping sector’s outlook, there is little room for optimism.
Austrian OMV has agreed to transfer its operatorship of the Wisting oil discovery in the Barents Sea to Equinor for the development phase. OMV made the discovery offshore Norway in 2013.
UK Marine Energy Council is looking for an experienced public affairs director to work to further develop the sector across the UK. The ‘Marine Energy Council’ (MEC) is the national-level representation of the UK marine energy sector. The MEC has so far operated as a network of companies and people
Hurricane Energy has made an oil discovery at its Warwick West well in the West of Shetland region.
Russian giant Gazprom and Germany’s largest natural gas and crude oil producer Wintershall Dea have held a meeting to discuss further ways of cooperation between the two firms.
Petronas names second FLNG unit in South Korea Malaysian energy giant Petronas, marked another milestone with the official naming of its second floating liquefied natural gas (LNG) facility, PFLNG Dua at the Samsung Heavy Industries shipyard in South Korea. SHI scores $1.5 bln LNG carriers order Sou
