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Congestion is Port of Long Beach’s Toughest Issue

Slangerup’s State of the Port address outlines goals for Energy Island, smarter supply chain   In his first-ever State of the Port address, Port of Long Beach

Crisis Veteran Naimi Stays to Hold Line on Saudi Oil Policy

The new Saudi king's decision to keep Ali al-Naimi in his job as oil minister signalled to energy markets that the world's top crude exporter would not flinch from

OPEC January Output Rises

OPEC oil output rises in January as key members stand firm.   OPEC's oil supply has risen this month due to more Angolan exports and steady to higher output

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

Keystone Bill Passes, Obama Veto Looms

Republicans in the U.S. Senate made good on a pledge to pass the long-pending Keystone XL oil pipeline on Thursday, a measure the White House said President Barack Obama would veto.

Plains 70 mbpd Saskatchewan Terminal Nearing Completion

Plains Midstream Canada, a subsidiary of Plains All American Pipeline, has started looking for workers at its new crude-by-rail unit train terminal in Kerrobert,

Shell 'Optimistic' on U.S. Refinery Contract Talks

Lead industry negotiator Royal Dutch Shell Plc said on Thursday it was "optimistic" a new three-year agreement could be reached with a union representing hourly workers at 63 U.

Statoil: No Barents Sea Drilling in 2015

Norwegian energy firm Statoil will not drill exploration wells in the Arctic Barents Sea this year after a failed campaign in 2014, exploration chief Tim Dodson told Offshore.

Total Slashes 2015 Exploration CapEx by 30 pct

Total's new chief said in a newspaper interview that the French oil company aimed to cut exploration spending by 30 percent in 2015 to cope with falling oil prices.

Tohoku Electric's LNG Buy Sets Asian Spot Level

Japanese utility Tohoku Electric has purchased an LNG cargo for delivery in the third week of March at a price in the low $7 per million British thermal unit (mmBtu) range,

Consol Profit Plunges on Rising OpEx

Coal and natural gas producer Consol Energy Inc reported a nearly 50 percent fall in quarterly profit as exploration and production costs shot up. Net income from continuing operations fell to $73.

Europe's Offshore Wind Capacity Growing

New capacity edges down 5 pct from record 2013; industry body forecasts stable growth over 2015/6. Europe's offshore wind capacity kept up a steady rate of growth

BP Quits Indonesian Blocks on Risk Concerns

UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday.

Brent Rises Despite 7th Straight Monthly Drop

Brent headed for seventh month of losses; renewed violence in Iraq supports prices. Oil rose above $49 a barrel on Friday, supported by renewed violence in Iraq

Yemen Lifts Force Majeure on LNG Deliveries

Yemen on Friday lifted force majeure on liquefied natural gas (LNG) deliveries from its Balhaf plant, trading sources with knowledge of the matter said. Reuters reported last week that the 6.

Enterprise Tender Fails on Low Bids

U.S. pipeline company Enterprise Products Partners did not award a tender to sell a year's supply of processed condensate due to low bids, U.S. and Asian trade sources said on Friday.

ThyssenKrupp: Submarine Unit Not For Sale

German industrial group ThyssenKrupp is not in talks to sell its submarine unit nor is it in talks to sell its stainless steel unit VDM, its chief executive said on Friday.

Long Beach Port to Boost Power, Speed Clearance

  Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled ambitious plans for congestion-beating smart systems for cargo movement and an all-out

31 ARENA Projects Completed

  ARENA has invested $1 billion in more than 230 projects, fellowships and scholarships that are paving the way for a more diverse energy future for Australia.

Gazprom, OMV Ink Additional Deal

  Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss,

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