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AOG Daily: 2018 / December

Friday, 07 December 2018 05:04

Petrobras Nears Terms Over TAG Pipeline Sale

Brazil’s state-controlled oil company Petróleo Brasileiro could present a new sale and purchase agreement (SPA) before the end of December for the sale of the…
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…
Friday, 07 December 2018 03:45

Oil Surges 5 pct as OPEC Agrees Output Cut

Oil prices jumped more than 5 percent on Friday as big Middle East producers in OPEC agreed to reduce output to drain global fuel inventories…
Petroleo Brasileiro SA's next CEO is already working within the Brazilian state-controlled oil firm and is talking with employees about business plans, four sources told…
Friday, 07 December 2018 02:27

Chevron Will Boost Capital Spending in 2019 Featured

Chevron Corp plans to spend $20 billion next year on oil and natural gas projects, the second-largest U.S. oil producer said on Thursday in a…
Friday, 07 December 2018 02:15

Crude Inventory Growth Reverses Featured

U.S. crude inventory declined last week. The latest weekly survey results by the U.S. Energy Information Administration (EIA) indicate a fall of 7.3 million barrels…
MHI Vestas Offshore Wind will supply 100 turbines for the 950-megawatt (MW) Moray East offshore wind farm in waters off the northeast coast of Scotland.…
Thursday, 06 December 2018 17:48

Höegh LNG Takes Delivery of Ninth FSRU

Bermuda-based  floating liquefied natural gas (LNG) company Höegh LNG Holdings took delivery of Höegh Gannet, its ninth floating storage and regasification unit (FSRU). Image: Höegh…
Thursday, 06 December 2018 17:42

ADNOC, Inpex in LNG Bunkering Pact

ADNOC Logistics & Services (ADNOC L&S), a wholly-owned subsidiary of UAE's ADNOC, has signed an agreement with Japan's Inpex Corp to collaborate on LNG bunkering…
Thursday, 06 December 2018 07:47

Revisions to Petrobras' Investment Plan Likely

Brazil's right-wing President-elect Jair Bolsonaro is likely to revise the just-announced investment plans of state-controlled oil company Petroleo Brasileiro SA, newspaper O Estado de S.…
The Carbon Trust and ClassNK Consulting Service Co., Ltd. have signed an agreement to work together to develop a commercial partnership for offering climate change…
Statkraft and Norske Skog Skogn AS and Norske Skog Saugbrugs AS have entered into new long-term industrial power supply agreements for the period from December…
Carlton Resource Solutions has strengthened its senior management team with the addition of a highly experienced director to a key strategic role. Doug Robertson (Photo:…
Thursday, 06 December 2018 06:48

Nordea to Boost Finance for LNG Shipping

Nordea Bank aims to increase shipping finance activities to the growing liquefied natural gas (LNG) industry, executives at one of the world's biggest shipping financiers…
Thursday, 06 December 2018 05:10

Oil Falls After OPEC Delays Output Decision

Oil fell in choppy trading on Thursday after OPEC ended a key meeting having made no decision on crude output, as it prepared to debate…
Croatia's state-run power utility HEP aims to boost renewable energy to 50 percent of its total capacity from the current 35 percent, investing 1 billion…
Thursday, 06 December 2018 02:31

OPEC Agrees Oil Output Cut, No Final Figure Yet Featured

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final figure, an OPEC delegate said.…
Wednesday, 05 December 2018 17:48

Yamal LNG Fills-up 100th Tanker

Novatek’s Yamal LNG plant in the Russian Arctic has shipped its 100th tanker-load – bringing the total volumes shipped by the plant to 7.4 mt…
Wednesday, 05 December 2018 17:42

Guangzhou Launches World's First Icebreaking LNG Tanker Featured

The world's first liquid natural gas (LNG) carrier tanker was named 'Boris Sokolov' and delivered by Guangzhou Shipyard International in Guangzhou City. Images by Chinese…
Wednesday, 05 December 2018 14:48

Equinor, Faroe Petroleum in Asset Swap

Britain's Faroe Petroleum has agreed to swap oil and gas fields with Norwegian state firm Equinor as it fights a hostile takeover from Norwegian oil…
Exhaust Gas Cleaning Systems Association (EGCSA) has attacked Singapore's restrictions on open-loop versions of the systems as "disappointing" and "politically motivated." Image: EGCSA The scrubber…
Wednesday, 05 December 2018 14:42

LNG Bunkering Booming in Rotterdam Port

Port of Rotterdam to grant nine  licenced liquified natural gas (LNG) bunkering licences by 2020, a port official has said. Pic: IAPH Six of the…
Two major pipelines carrying oil from Canada to the United States resumed operations on Wednesday after brief disruptions due to power outages from severe weather…
Wednesday, 05 December 2018 11:24

Petrobras Fires Employee Accused of Corruption

Brazil's state-controlled oil company Petroleo Brasileiro said on Wednesday it had fired a Houston-based employee accused of participating in a corruption scheme involving bribes allegedly…
Wednesday, 05 December 2018 08:11

Oceaneering Enhances Asset Integrity Capabilities

Oceaneering International, Inc. announced it has bolstered its expanding asset integrity business in Chandigarh, India with more capabilities. The engineering support team is expected to…
Wednesday, 05 December 2018 06:08

Gazprom Starts Operations at Final Yamal Unit Featured

Russian gas giant Gazprom said on Wednesday it had begun operations at a third and final unit at its Bovanenkovo gas field on the Arctic…
Wednesday, 05 December 2018 03:55

EnQuest Sees 20% Higher Oil Production in 2019

EnQuest expects to produce about 20 percent more oil next year as the indebted British North Sea producer strives to recover from a series of…
Wednesday, 05 December 2018 03:46

BP to Shut Azeri Platforms for Maintenance

International energy group BP plans to shut two oil producing platforms in Azerbaijan for up to 15 days in 2019 for planned maintenance, BP Azerbaijan's…
Wednesday, 05 December 2018 03:23

Major Traders Bribed Petrobras Staff -Prosecutors

Brazil prosecutors alleged on Wednesday that trading giants Vitol, Trafigura and Glencore paid over $30 million in bribes to employees at state-owned oil company Petroleo…
Wednesday, 05 December 2018 02:37

Execs of Big Oil Traders Knew of Petrobras Bribes

Brazilian investigators said on Wednesday that "top executives" of trading giants Vitol , Trafigura and Glencore had full knowledge that their employees paid millions in…
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