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AOG Daily: 2018 / December

Swedish shipping company Sirius Shipping Sirius Shipping has taken delivery of its first 7999-dwt LNG-ready oil/chemical tanker Saturnus from the Avic  Dingheng Shipyard  in China.…
Spanish wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) received the order for the 487 MW SeaMade offshore wind power project in Belgium from customer…
Monday, 03 December 2018 18:05

Qatar Quits OPEC to Focus on LNG Featured

Qatar said Monday that it will leave the oil cartel OPEC on January 1 after nearly 60 years.  The announcement was made in a series…
Liquefied natural gas (LNG) ships is expected to be the major application segment in the global LNG as a bunker fuel market. Pic: Gasum Oy…
Monday, 03 December 2018 14:41

Hoegh LNG Partners Appoints New CFO

The floating liquefied natural gas (LNG) company  Höegh LNG Holdings announced that Håvard Furu is appointed as new Chief Financial Officer (CFO) of Höegh LNG…
Monday, 03 December 2018 11:11

ExxonMobil Makes Discovery Off Guyana

U.S. major ExxonMobil has made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more…
Monday, 03 December 2018 09:58

Cenovus Expects to Spend $1.1 Bln in 2019

The chief executive of Cenovus Energy Inc said on Monday that he expects the company to invest some C$1.5 billion ($1.1 billion) in 2019, in…
Monday, 03 December 2018 05:49

Shell Sets Carbon Cutting Targets

Royal Dutch Shell caved in to growing investor pressure over climate change on Monday with plans to set short-term targets for reducing its carbon footprint.…
Exxon Mobil Corp and its partners now expect the large Stabroek oil block offshore Guyana to contain 25 percent more recoverable oil than previously estimated,…
A key ally of German Chancellor Angela Merkel on Monday raised questions about the future of the Nord Stream 2 gas pipeline amid growing concern…
Wind emerged as the most competitive power source in Denmark's first auction where wind and solar competed for state subsidies on equal footing to deliver…
Monday, 03 December 2018 03:44

Qatar to Leave OPEC Featured

Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group's de facto leader…
Monday, 03 December 2018 02:53

Oil Surges 5 Percent Featured

Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute,…
Focus Consultants has been appointed to deliver sustainability services for a new East Coast Hub for the offshore wind giant, Ørsted, which is currently building…
Sunday, 02 December 2018 18:04

Trinidad Signs Pact with BP, Shell

The government of Trinidad and Tobago (T&T) has entered into an agreement with energy giantsShell and BP over gas pricing and LNG activities. Cabinet appointed…
The 400-MW Rampion offshore wind farm off the Sussex coast in the UK has been officially opened, said German energy company E.on SE.  The offshore…
Japan's largest trading company  Mitsubishi Corporation (MC) announced the divestment of shares in Diamond Green Limited, with 30% to be transferred to The Kansai Electric…
The New Jersey Board of Public Utilities (NJBPU) is remaining committed to supporting the state’s goals of generating 3.5GW of offshore wind by 2030 and…
Shell Overseas Holdings, an affiliate of Royal Dutch Shell plc, has completed the sale of its shares in Shell E&P Ireland Limited (SEPIL), which holds…
Sunday, 02 December 2018 14:40

Russia's Rosneft Signs Oil and Gas Deal with China Featured

Russian oil giant Rosneft said that China National Chemical, known as ChemChina, agreed to purchase 2.4 million tons a year of crude oil. That amount…
Dutch petroleum storage company Royal Vopak announced that it will acquire in total 44% in Elengy Terminal Pakistan Ltd  (ETPL) in separate transactions with International…
Sunday, 02 December 2018 04:20

Eni in Talks to Grow Presence in the Gulf

Italian major Eni is in talks to grow its footprint in Oman and the United Arab Emirates as part of plans to build its asset…
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