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AOG Daily: 2018 / August

Russian gas giant Gazprom may increase dividends on 2018 results, however it is more likely to raise them after 2020 once the current investment cycle…
File Image: CREDIT AdobeStock / © Kasto An overhang of homeless crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are…
Wednesday, 29 August 2018 16:26

Galloper Contract Goes to Granada

Image: Granada Material Handling Ltd Galloper Wind Farm Limited Ltd has awarded a contract to Granada Material Handling Ltd for service and maintenance of all…
Tuesday, 28 August 2018 06:24

Russia's Transneft Reports 19% Drop

Russian oil pipeline monopoly Transneft's first-half net profit fell 19.2 percent year on year to 92.1 billion roubles ($1.38 billion), the company said on Tuesday.Transneft's…
India's Vedanta Wins 41 Blocks in Small Field Auction © Sergiy Serdyuk / Adobe Stock * Billionaire Anil Agarwal-led Vedanta Ltd has won 41 of…
Photo: Harald Pettersen / Equinor Oil producer Equinor aims to boost the recovery rate from its Norwegian fields to well above the global average to…
Monday, 27 August 2018 05:06

M2 Subsea Completes North Sea Project

Photo: M2 Subsea ROV services provider M2 Subsea has completed a contract with Ithaca Energy UK Limited to conduct a subsea system survey of a…
One of the side effects of President Donald Trump's escalating trade dispute with China is that U.S. exports of crude oil to the world's biggest…
File Image (CREDIT Adobestock / © Mike Mareen An OPEC and non-OPEC monitoring committee found that oil producers participating in a supply-reduction agreement cut output…
Photo: Excelerate Energy Excelerate Energy Bangladesh completed the commissioning of its Moheshkhali Floating LNG (MLNG) terminal – Bangladesh’s first liquefied natural gas (LNG) import facility…
Photo: Siccar Point Energy Siccar Point Energy has successfully concluded well testing operations on the 204/10a-5 appraisal well in the Cambo field, north-west of Shetland.A…
A fire which broke out at a Shell-owned chemical plant on the same site as Essar Oil UK's Stanlow refinery in northwestern England on Wednesday…
Wednesday, 22 August 2018 06:16

MMT Inks 10 New Contracts over 2 Months

Swedish based marine surveyor MMT has during the past two months received 10 new subsea survey and inspection projects within the offshore wind, renewable energy…
China's Sinopec Corp has teamed with Zhejiang Energy Group Co Ltd on a 3 million tonne-per-year liquefied natural gas (LNG) terminal in east China, with…
The United States on Tuesday announced sanctions on two Russian shipping companies and six vessels it said were involved in the transfer of refined petroleum…
© Snap Happy / Adobe Stock The Trump administration on Tuesday proposed replacing the Clean Power Plan, the centerpiece of former President Barack Obama's regulatory…
© tanito / Adobe Stock Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors…
Monday, 20 August 2018 04:16

Bangladesh's First FSRU Starts Operations

Bangladesh started operations at the country's first liquefied natural gas (LNG) terminal on Saturday after ironing out teething issues related to technical problems and bad…
Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their…
U.S. oil producer ConocoPhillips said on Monday it has settled with Venezuela's state-run oil company, PDVSA, to recover about $2 billion in arbitration payment.The International…
Photo: ENN Energy Holdings The LNG carrier Stena Blue Sky was historical when it delivered its cargo to the first privately-owned LNG terminal in China.Chinese…
Photo: Summit Corporation Limited Japan’s Mitsubishi Corp has agreed to take a 25% interest in Summit's Bangladesh LNG import terminal project - which will be…
Thursday, 16 August 2018 10:42

Seabed Geosolutions Wins GoM Extensions

Seabed Geosolutions, a joint venture between Fugro and CGG, has secured an extension to a recently awarded 4D ocean bottom node (OBN) seismic monitoring surveys…
File Image: Credit QGTC Axpo, a Swiss utility and energy trader, said on Thursday it was in talks for a 10-year supply deal with a…
En+ Group, hit by U.S. sanctions against Russia in April, said on Thursday it was investigating the possibility of re-domiciling from Britain's Jersey to one…
Photo: Equinor Work to restart Norway's Mongstad oil refinery will continue throughout the evening on Wednesday, following a power outage that shut the facility earlier…
© Valeriy Lukyanov / Adobe Stock A weaker global economic growth outlook and a report of rising U.S. crude inventories weighed on oil prices on…
Oil major BP on Tuesday offloaded about 1 million barrels of Angolan crude from supertanker Olympic Light to an independent Chinese refiner after holding the…
Monday, 13 August 2018 09:55

Bay State Wind Revises Turbine Layout

(Image: Bay State Wind) Bay State Wind, an offshore wind joint venture between developer Ørsted and New England electric transmission company Eversource, announced a significant…
Oil prices edged lower on Monday as troubled emerging markets and trade tensions dented the outlook for fuel demand, though U.S. sanctions against Iran could…
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