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AOG Daily: 2019 / June

Friday, 28 June 2019 09:49

US Drillers Add Rigs Featured

U.S. energy firms this week increased the number of oil rigs operating for a second week in a row with oil futures up about 12%…
Dutch gas prices hit 10-year lows this week, reflecting high European inventories swelled by liquefied natural gas (LNG) imports, testing levels at which companies that…
Friday, 28 June 2019 02:44

Shell, Exxon Eye Somalia's Offshore

Royal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African…
Finnish integrated gas company Gasum said that its liquefied natural gas (LNG) bunker vessel, Coralius, made its first bunkering in the port and refining area…
The U.S. state of Michigan has filed a lawsuit asking for an Enbridge Inc oil pipeline that runs under the Straits of Mackinac in the…
Thursday, 27 June 2019 05:41

MTS, SUT to Collaborate

The Marine Technology Society and the Society for Underwater Technology announced that they have entered into a three-year Memorandum of Agreement to explore ways to…
Wednesday, 26 June 2019 17:47

Icahn Steps up Fight with Occidental

Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a…
Wednesday, 26 June 2019 17:25

EnVen Co-founder Exits, Sues Company

An EnVen Energy Corp co-founder claims the chief executive of the offshore oil and gas producer provided misleading production and financial data to the board…
Wednesday, 26 June 2019 11:47

U.S. Court to Decide Who Will Control Citgo

A U.S. court will decide whether a board of directors appointed by Venezuelan President Nicolas Maduro or one backed by his rival, opposition leader Juan…
Britain's Tullow Oil has delayed the final investment decision (FID) for its Kenya project to 2020 and has not yet sealed a tax deal in…
Wednesday, 26 June 2019 03:49

Wood Sees Profit Rise

British engineering and oilfield services provider Wood Plc said on Wednesday its operating profit for the first half would be 25% higher than last year,…
Wednesday, 26 June 2019 02:59

Market in Focus: Gas Ships Featured

Infrastructure continues to expand, and pricing incentives will continue to shift as the market matures. The LNG markets look like they may resemble the clean…
Tuesday, 25 June 2019 20:23

Vestas, GE Settle U.S. Patent Dispute

Vestas Wind Systems A/S and GE Renewable Energy have settled all disputes related to multiple claims of patent infringement, said a joint announcement. Image: Vestas…
Tuesday, 25 June 2019 20:20

BHGE to Bring AI to Oilfield

Oilfield service company Baker Hughes, a GE Company (BHGE) has entered into a joint venture with the California-based Artificial Intelligence (AI) software provider C3.ai to…
The brother of Senegal's President Macky Sall has resigned from his government post after allegations of fraud relating to natural gas contracts, he said on…
Oil prices were mixed on Tuesday ahead of data expected to show U.S. crude stocks declining, outweighing investors' concerns that U.S.-China trade tensions could dampen…
Such are the dire predictions about climate change these days that there seem to be only two courses open for human society: either we fail…
Tuesday, 25 June 2019 09:16

IMO 2020: Hydrogen's Future in Maritime

Hydrogen fuel cell technology to Satisfy Future IMO RequirementsWith an ongoing push by the maritime community to reduce ship emissions to satisfy IMO MARPOL Annex…
East Timor and Australia are set to ratify a maritime border treaty, which regulates how the two countries will share revenue from the offshore Greater…
The American supplier of rotor blades to the wind industry LM Wind Power, part of GE Renewable Energy, has displayed its first 107-meter blade, for…
Monday, 24 June 2019 01:02

Vitol Builds Refinery for New Ship's Fuel Featured

Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulfur fuel…
Sunday, 23 June 2019 20:14

Dutch-Aussie Team Targets Safer Blade Lifting Featured

Dutch maritime contractors Van Oord and heavy lifting and transport specialist Mammoet are cooperating with Australian start-up Verton to design a new lifting method for…
Sunday, 23 June 2019 20:09

Orsted to Build NJ's First OWF Featured

Denmark’s Ørsted won New Jersey’s first offshore wind solicitation with a 1.1-gigawatt project Ocean Wind, the largest offshore wind project to secure a development deal…
Sunday, 23 June 2019 19:59

Oilfield Services Pricing Rises

Oilfield services companies are in bullish mode. They are now able to raise prices for their products and services, after several years of gloom. Graph:…
Friday, 21 June 2019 16:28

USA to Dominate in LNG Capacity

The US and India are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (new-build) projects, respectively…
Friday, 21 June 2019 10:47

Delfin Asks for FLNG Project Extension

Delfin LNG LLC asked U.S. federal energy regulators for a three-year and six-month extension until March 28, 2023 to build facilities proposed to connect floating…
Friday, 21 June 2019 08:28

US Rig Count Climbs Featured

U.S. energy firms increased the number of oil rigs operating for the first time in the past three weeks as U.S. crude futures soared around…
Friday, 21 June 2019 04:37

Pemex Steering Clear of Deepwater

Petroleos Mexicanos will focus on shallow water projects and onshore plays, and avoid investing in its deepwater riches for now, as the ailing Mexican state-run…
Friday, 21 June 2019 04:27

Brent Oil Climbed 5% This Week Featured

Brent oil rallied above $65 per barrel on Friday and was on track for a 5% gain this week on fears of a U.S. military…
A fire was burning out of control at an oil refinery in Pennsylvania on Friday morning, a Philadelphia fire department official said, as local media…
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