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AOG Daily: 2018 / October

Liquefied natural gas (LNG) tanker Hoegh Gallant has left its mooring in Egypt, where it had been used as a floating import terminal since 2015,…
Rising U.S. crude oil exports to Europe and Asia have had a knock-on effect in the futures market, turning the U.S. West Texas Intermediate contract…
Russia's Rosneft, which owns downstream assets in Germany including stakes in a number of oil refineries, plans to invest around 600 million euros ($690 million)…
Oil fell more than $1 a barrel to below $79 on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply, while…
Thursday, 18 October 2018 06:20

After Denmark, Noreco Eyes UK Acquisitions

Norwegian Energy Company (Noreco) plans to acquire offshore assets on Britain's continental shelf in 2019, following its purchase of Shell's upstream oil and gas licenses…
Iraqi Oil Minister Jabar al-Luaibi issued a decree transferring the ownership of nine state-owned oil companies from the oil ministry to the newly-formed National Oil…
Thursday, 18 October 2018 05:11

Gazprom CEO Says Output Up This Year

Gazprom's output in the last nine and a half months is up by 6.8 percent year on year and the Russian gas producer expects production…
Pakistan's new government will seek to renegotiate agreements for two liquefied natural gas (LNG) import terminals, the country's petroleum minister said on Thursday.Petroleum Minister Ghulam…
Thursday, 18 October 2018 03:15

US Energy Exports to China Plummet

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…
Global alternative asset manager The Carlyle Group announces that it has agreed to acquire EnerMech Group Ltd, an international services company providing critical asset support…
Wednesday, 17 October 2018 19:33

MEG Energy Rejects Husky's Bid

MEG Energy announced its Board of Directors has unanimously determined that Husky Energy's unsolicited bid to acquire MEG significantly undervalues the common shares of MEG…
Wednesday, 17 October 2018 19:31

Eni Wins Offshore Mozambique Block

Italian oil and gas major Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in…
Wednesday, 17 October 2018 19:30

Steelhead LNG Files Kwispaa Project Description

Kwispaa LNG has entered the next phase of project development with the submission of the Project Description to the British Columbia Environmental Assessment Office and…
Wednesday, 17 October 2018 19:28

Total, India's Adani Join Hands in LNG Sector

French energy major Total and Adani Group have signed an agreement to jointly develop multi energy offers to the Indian energy market. This cooperation includes…
Wednesday, 17 October 2018 16:53

Novatek, Fluxys to Build German LNG Terminal

Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a…
Wednesday, 17 October 2018 10:58

TOTE Touts 'LNG-as-Fuel' Experience Featured

Build it and they will come mentality serves TOTE well on ‘world first’ LNG Containerships Peter Keller, Executive Vice President, TOTE. (Photo: Greg Trauthwein) As…
The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking Graben This slice, at a depth of 595 m through the…
French state-owned bank Bpifrance and oil services company TechnipFMC have filed a complaint against Naval Group for willful misrepresentation, a source close to the matter…
Mexico's Salina Cruz oil refinery is operating normally after three people were injured in an electrical accident, a spokesman for state oil company Pemex said…
Wednesday, 17 October 2018 06:06

Integrated Gas Compression: A Natural Fit for North America Featured

Natural gas abounds in North America. At the end of 2016, Canada and the U.S. shared 414 trillion cubic feet of proved reserves, with the…
Wednesday, 17 October 2018 06:06

U.S. Crude Stocks Up by 6.5 mln barrels - EIA

© Chad McDermott / Adobe Stock U.S. crude stocks rose last week, while gasoline stocks decreased and distillate inventories fell, the Energy Information Administration said…
Photo: Venture Global LNG Poland's dominant gas firm PGNiG has finalised the terms of a deal to buy liquefied natural gas (LNG) from U.S. company…
Wednesday, 17 October 2018 05:20

Oil Prices Fall Ahead of U.S. Crude Stocks Data

© Robert Coy / Adobe Stock Oil prices fell on Wednesday after three days of gains as markets awaited key U.S. inventory data expected to…
Wednesday, 17 October 2018 05:06

Shell Sells its Danish Upstream Assets for $1.9 Bln Featured

Royal Dutch Shell has agreed to sell its Danish upstream business to Norwegian Energy (Noreco) in a deal valuing the assets at $1.9 billion, as…
Wednesday, 17 October 2018 04:31

Adani Group, Total Partner for LNG projects

Indian resources conglomerate Adani Group and French energy giant Total SA have signed a deal to expand into India's liquefied natural gas (LNG) and fuel…
European prompt power prices fell further on Wednesday from high levels, as the prospect of higher wind power supply overrode some thermal plant losses. ©…
Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand…
Tuesday, 16 October 2018 20:05

Scotrenewables Renamed Orbital Marine

Image: Orbital Marine Power The floating tidal turbine developer Scotrenewables Tidal Power Limited has announced a comprehensive company-wide rebranding to Orbital Marine Power.The new name…
Photo: © Wintershall/Bernd Schoelzchen Mario Mehren, CEO of Wintershall, Germany's largest crude oil and natural gas producer, has presented Wintershall’s growth plans in Norway during…
Tuesday, 16 October 2018 20:01

Gulf Marine Services Bags New Contract

Image: GMS UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, said…
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