Energy

Ocean Mineral Singapore Set for Seabed Exploration

Ocean Mineral Singapore Pte. Ltd. (OMS) has received approval from the International Seabed Authority (ISA) on its application for its first seabed exploration licence.

Suicide Attack Escalates Libya Violence, Oil Output Slips

Crude output slips for first time since port deal; fresh clashes in Tripoli and Benghazi. Brega oil port seen open in few days. A twin suicide bombing at a Libyan

France Backs 30% Energy Efficiency Goal

France's energy minister threw her weight behind an energy savings goal of at least 30 percent for 2030 ahead of talks in Brussels on Wednesday to thrash out a target.

Venezuela Cardon Refinery Halts Two Alkylation Units

Venezuela's 310,000 barrel per day Cardon refinery has halted two alkylation units due to operational problems, workers said on Tuesday. The workers, who asked not to be identified,

Ho-Ho Pipeline Slow to Start but Pickup Anticipated

Royal Dutch Shell's Houston-to-Houma pipeline meant to relieve bottlenecks in the country's oil hub has been plagued by mechanical issues that have led the line

Max Petroleum Says Reviewing Strategic Ooptions

Oil and gas company Max Petroleum Plc said it was reviewing strategic options, including a sale. The London-listed firm, which has majority of its operations in Kazakhstan,

Maine Port City Bans Oil Loading

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its waterfront, throwing up yet another roadblock

Editorial: Gas ... It's Both the Question & the Answer

When the time comes to pull an edition together, sometimes the content simply takes on a life of its own, as is the case with the July 2014 edition and the proliferation of ‘gas’ throughout.

Claxton Appoints Jolley as New VP

Claxton Engineering Services, an Acteon company, has appointed Martin Jolley as vice president sales and commercial to spearhead its global sales and commercial strategy.

Reps to Negotiate End to Colombian Mine Strike

Mechanics at Colombia's largest coal mines will meet on Tuesday with contractor Dimantec and representatives from the labor ministry in an effort to negotiate an end to a 12-day strike.

Prompt Price Down on Lower Demand, Good Supply

Most Central European prompt power prices fell on Tuesday on the prospect of easing demand and high solar supplies that also characterised the neighbouring German and French markets.

Award Recognizes SGC for Geospatial Technology

SGC Engineering has received an industry award in recognition of its exceptional application of geospatial technology. The company was honored with a Special Achievement

Oil Products Flow to Primorsk Resumed

Russia resumed oil products shipments to Primorsk after a halt following "criminal tapping" of pipeline, a subsidiary of Russian oil pipeline monopoly Transneft said.

More Supply, Less Demand Cut Spot Prices

Lower demand and higher solar supply in the European prompt power market curbed spot prices on Tuesday, offsetting the impact of lower wind levels and thermal power plant outages, traders said.

UK Council Rejects Fracking Proposal

A plan by London-based oil and gas exploration firm Celtique Energie to drill for shale gas in southern England failed to win county government approval on Tuesday,

Coal Prices Rise on Sanctions Threat Against Russia

European physical coal prices rose on Tuesday as the threat of a new round of U.S. and European sanctions against Russia, a large coal exporter, led traders to price in a market risk premium.

DNV GL Publishes Regulatory Roadmap for Floaters in the US

DNV GL announced it has mapped out what is necessary to be in compliance with U.S. Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in U.S. waters.

Iraq Approves $600m Oil Depot Contract with CPP

Iraq's cabinet said on Tuesday it had approved a $607 million contract with China Petroleum Pipeline (CPP) for the construction of an oil storage depot near its

AWS Wave Power Generator Deployed

AWS Ocean Energy developing its wave power technology for use in fish farms, harbor breakwaters through to major utility-scale offshore wave farms.   Inverness-based

Syria: Crisis Costs Oil Sector $23.5 bln

Syria's oil sector has suffered around $23.5 billion in direct and indirect losses since the start of the country's crisis in 2011, the Syrian oil ministry said.

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