Fuels & Lubes
LNG America has selected Taylor-Wharton to commence the front-end engineering and design work for the cryogenic topside of the company’s 3,000 cubic meter Gemini
Forecasts for an increase in wind power output and lower demand sent central European day-ahead power prices lower on Thursday, traders said.
On regional exchanges,
Russia's largest oil producer, state-controlled Rosneft, will restart its Siberian Achinsk refinery on Aug. 25, two months after halting operations following a fire in June,
Gazprom puts Ukraine's debt for gas supplies at $5.3 bln; Putin, Poroshenko to meet on Aug. 26 in Minsk.
Russian natural gas exporter Gazprom said on Thursday
Platts proposing FOB Straits benchmarks to replace FOB Singapore. New benchmarks aimed at storage growth in Malaysia, Indonesia; move could boost liquidity and lower storage costs.
Britain will hold its first auction for standby power capacity on Dec. 16, a model that will serve as a blueprint for other European countries planning to operate
Lithuania seeks to cut dependence on Russia; Statoil to supply 0.54 bcm of gas per year. This will cover about 20 pct of Lithuania's demand.
Japan will consider guaranteeing prices for electricity generated by nuclear plants to help the country's struggling utilities, which have lost about $35 billion
Brent slipped below $102 a barrel on Thursday, near a 14-month low hit earlier this week, as concerns over excess oil supply and slowing demand weighed on prices.
BIMCO notes that the highly acclaimed "Double Jeopardy - trial by media, trial by law" first showcased at the BIMCO AGM in Dubai earlier this year is to be brought
Lincoln Electric introduces two new models in its industrial Vantage engine-driven welder series. The Vantage 600 SD and Air Vantage 600 SD are each equipped with
Doosan Engine has confirmed delivery of the world’s first dual-fuel, low-speed ME-GI engine to the American National Steel and Shipbuilding Company (NASSCO) shipyard in San Diego, USA.
The investment wing of the Saudi Arabian Oil Company has spearheaded a $30 million investment in San Francisco-based Siluria Technologies, a company that plans
Libya plans to appoint the chairman of state oil firm National Oil Corp (NOC) as new deputy oil minister to replace Omar Shakmak, a spokesman for NOC said on Wednesday.
Brent crude futures steadied near 14-month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.
For the six months ended 30th June 2014, shipping services provider COSCO International has announced that its 2014 Interim Results show strong profit growth with Net Profit up 45% YOY.
NYC-based PIRA Energy Group reports that there was the largest 2Q stock build in the last 10 years. In the U.S., there was a modest U.S. stock build. Specifically,
The U.S. Coast Guard closed a 15-mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60-year-old power plant owned by Duke Energy near Cincinnati,
Norway will award oil and gas licenses in new offshore areas, including in an important Arctic zone bordering Russia, in the first half of 2016, the oil and energy ministry said on Tuesday,
Libya is due to start loading its first crude oil tanker in a year from top port Es Sider on Tuesday following a year-long blockade by eastern federalists, a Libyan