Energy.
US confident Venezuela oil deal will attract investors: Wright
US Energy Secretary Chris Wright said Sept. 2 he was confident that North American Blue Energy Partners, the private operator at the center of Washington’s new crude production agreement with Venezuela, could give US companies the legal certainty they need to invest in the South American country. Speaking to CNBC in Caracas hours before deals were due to be signed at the Miraflores presidential…
SBM Offshore intends to divest minority interest in FSO Chalchi
SBM Offshore announces that it has entered into a shareholders’ agreement with its long-standing business partner Nippon Yusen Kabushiki Kaisha (NYK) with the intention to divest a 45% ownership…
India’s bunker fuel demand rises in May amid improved supply, competitive prices
India’s bunker fuel demand strengthened in May, supported by improved product availability and competitive pricing that stimulated buying interest, market participants told Platts, part of S&P…
Cable Risk Report puts spotlight on Offshore Energy Repair Readiness
IMCA says Windward’s findings highlight the need for policy alignment to support the resilience of subsea energy and data networks. New analysis from maritime intelligence company Windward,…
BOEM Releases Final Environmental Impact Statement for Platform Gilda Well Stimulation Proposal Offshore California
The Bureau of Ocean Energy Management today announced the availability of a final environmental impact statement evaluating DCOR, LLC’s proposal to conduct well…
ABS, Marinteknik, Seatech, and VINSSEN Launch Hydrogen Fuel Cell Harbor Craft Pilot Study in Singapore
In an important step to lowering emissions in one of the world’s busiest ports, ABS, Marinteknik Shipbuilders (S) Pte. Ltd., SeaTech Solutions International (S) Pte. Ltd., and VINSSEN Co., Ltd.,…
Helix and Hornbeck to Combine to Create a Premier Integrated Offshore Services Company
Transaction Brings Together Two Industry Leaders with Complementary Businesses and Geographic Presence, Providing Deepwater Life-of-Field Services Forms Diversified and Expanded High Specification…
Five European TSOs investigate cooperation on offshore cable infrastructure in the North Sea
Five European Transmission System Operators (TSOs) from Belgium, Denmark, Germany, and the Netherlands signed a Memorandum of Understanding (MoU) at WindEurope's Annual Event in Madrid. Their…
Woodside announces Louisiana LNG partnership with Williams
Woodside has simultaneously signed and closed a transaction with Williams, a world-class leader in US natural gas infrastructure, for an integrated investment in Louisiana LNG. The strategic…
Equinor new helicopter contracts from Bergen
Equinor has awarded new contracts for crew transportation services from Bergen to CHC Helikopter Service AS and Lufttransport RW AS. The two companies will operate a total of five helicopters…
FUJAIRAH DATA: Oil products stocks extend gains led by heavy distillates
Total inventories up 29% year to date Heavy distillates rise 39% in one week Middle distillates more than double in four weeks Oil products stockpiles at Fujairah in the UAE climbed…
Spot crude premiums jump as US sanctions on Russian producers drive China, India demand
Mideast benchmark Dubai premium more than doubled to 3-week high Similar jumps seen in Oman, Murban premiums China, India to buy more oil from Iraq, West Africa, Brazil Spot premiums in…
US crude, fuel inventories fall on robust refining and demand, EIA says
U.S. crude oil, gasoline and distillate inventories fell last week as refining activity and demand strengthened, the Energy Information Administration said on Wednesday.Crude inventories fell by…
Why Nordic Ministers must commit to backing Arctic Black Carbon Reduction
NGOs call on ministers meeting in Stockholm to back IMO regulation on polar fuels Ahead of next week’s session of the Nordic Council, the Clean Arctic Alliance today called on Nordic governments to…
Gasum’s gas-powered vessel fleet sails on bio-LNG to generate compliance for FuelEU Maritime pool
Utilizing Gasum’s own fleet as generators brings added flexibility to the pooling service as demand heats up. Nordic energy company Gasum’s fleet of gas-powered bunkering and carrier vessels have,…
Monjasa awarded NATO fuel provider contract
Global top 10 marine fuels supplier, Monjasa, has been named an official NATO fuel provider following a tender submission last year. The contract was awarded by the NATO Support and Procurement…
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