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Norden Gets Sembcorp Contract

Jan 31, 2019

Danish shipping company Dampskibsselskabet Norden has signed a ten-year Panamax contract of affreightment (COA) with Indian utility firm Sembcorp Energy India.Commencing April 1, Norden will carry out the transportation of steam coal in panamaxes…

Polskie LNG Gets Permits for Terminal Expansion

Jan 27, 2019

Polish LNG terminal operator Polskie LNG has obtained a set of environmental and location decisions for all projects implemented under the LNG Terminal Expansion Program.The environmental permits are final, while the decisions issued by the…

LNG Import: China is World's No. 2 buyer in 2018

Jan 23, 2019

China's imports of liquefied natural gas (LNG) in December soared 25 percent from the same period a year earlier to a monthly record of 6.29 million tonnes, customs data showed on Wednesday.The previous record of 5.99 million tonnes was set in November…

Adnoc Fleet Slashes Carbon Emission 23%

Jan 16, 2019

Adnoc Logistics & Services (Adnoc   L&S) announced that it has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.The marine and logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc ) said in a press…

Renewables Take Over as Germany's Main Energy Source

Jan 03, 2019

Renewables overtook coal as Germany's main source of energy for the first time last year, accounting for just over 40 percent of electricity production, research showed on Thursday.The shift marks progress as Europe's biggest economy aims for…

Oil Majors Face Climate Target Pressure by Investors

Dec 19, 2018

U.S. and Norwegian oil majors Chevron and Equinor have become the latest target of activist investors moving to force five of the biggest oil companies to commit to fixed emissions targets and align with the Paris climate agreement.The effort…

Putin says TurkStream Gas Pipeline Could be Extended via Greece

Dec 07, 2018

Russian President Vladimir Putin said on Friday that the TurkStream gas pipeline could be extended further into Europe via Greece, as he met Greek Prime Minister Alexis Tsipras in Moscow.The first line of TurkStream, which runs from Russia to Turkey via the Black Sea bed…

Hydrogen As an Energy Carrier

Dec 04, 2018

Hydrogen can play a significant role in decarbonizing world energy supply to mitigate climate change, according to a new research paper by DNV GL, the technical advisor to the oil and gas industry.According to new DNV GL research paper, decarbonization could drive an estimated 100…

Poland Sees First Nuclear Power After 2030

Nov 20, 2018

Poland expects its first nuclear power plant to start operating after 2030 as the country aims to cut its use of coal in producing electricity, Deputy Environment Minister Michal Kurtyka said.The east European country, which hosts global climate talks in December…

China Becomes Top Natural Gas Importer

Nov 12, 2018

China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports…

​​​​Cambodia to Boost Clean Energy Use

Nov 07, 2018

Cambodia will push ahead with plans to use hydropower and coal to electrify the entire country by 2020, but solar energy will play some role, especially in remote areas, an energy ministry official said on Wednesday.The Southeast Asian nation has electrified rapidly since 2000…

European Consortium to Convert Coal-Fired Power Plant to Biomass

Oct 31, 2018

The European ARBAHEAT consortium will start a research project to investigate the conversion of the ENGIE Ultra-SuperCritical coal-fired Rotterdam power plant into a biomass-fired heat and power plant this month.The innovative technology used…

US Energy Exports to China Plummet

Oct 18, 2018

It's probably not the kind of success U.S. President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies.China's imports of U.S. crude oil…

Europe Power: Spot Prices Down as Wind Supply Rises

Oct 17, 2018

European prompt power prices fell further on Wednesday from high levels, as the prospect of higher wind power supply overrode some thermal plant losses.German baseload power for Thursday delivery dropped by 12.3 percent to 62.3 euros ($72.03) per megawatt hour (MWh)…

Equinor Extends Contract for Maersk Intrepid Rig

Oct 12, 2018

Norway's Equinor has awarded Maersk Drilling AS a five-month contract for the Maersk Intrepid rig to provide operational support on the Martin Linge field in the North Sea. Two extension options will also be exercised, and four new options will be added…

Current News

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TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

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Energy Storage on O&G Platforms - A Safety Boost, too?

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