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LNG

Thick sea ice blocks LNG exports from Russia's Arctic plant | Agricultural Commodities

LONDON, June 21 (Reuters) - Thick sea ice is impeding Arctic shipments of liquefied natural gas (LNG) from Russia’s newly-built export plant in Yamal, Russia’s state-run nuclear-powered tanker company Rosatomflot said. Unseasonably severe ice conditions are also clogging routes to Asia through the Northern Sea Route (NSR)…

Maritime Journal | Bahrain LNG terminal contract success for Smit Lamnalco

In another example of bespoke contracts for specific operations, Smit Lamnalco has won a long-term deal covering provision of marine services to the Bahrain LNG Terminal.The deal involves the deployment of four LNG terminal compliant 70tbp tugs to provide berthing and un-berthing of LNG tankers at the Bahrain LNG import terminal.

GLOBAL LNG-Asian spot price sinks as ending outages boost supply | Agricultural Commodities

LONDON, June 22 (Reuters) - Asian spot liquefied natural gas (LNG) prices sank this week, snapping a four-week rally as production outages in the United States, Qatar and Malaysia wrapped up and producers fed supply into the market. Spot prices for August LNG-AS delivery in Asia fell $1.10 per million British thermal units (mmBtu) to $10.60 per mmBtu…

GLOBAL LNG-Asian spot price sinks as ending outages boost supply | Energy & Oil

LONDON, June 22 (Reuters) - Asian spot liquefied natural gas (LNG) prices sank this week, snapping a four-week rally as production outages in the United States, Qatar and Malaysia wrapped up and producers fed supply into the market. Spot prices for August LNG-AS delivery in Asia fell $1.10 per million British thermal units (mmBtu) to $10.60 per mmBtu…

Comprehensive Analysis of Asia-Pacific LNG as a Bunker Fuel Market: Latest Trends, Growth Rate, Prof

This market research report on Asia-Pacific LNG as a Bunker Fuel market is brought to you by Questale. The market research reports by Questale are in-depth and includes all the details related to the Asia-Pacific LNG as a Bunker Fuel market. The main intent of providing this market research reports is so that you can…

Shale Oil

Chinese Fishing Boats Taunting US Military Planes With Lasers

Lasers have been shone at U.S. military aircraft flying near the East China Sea more than 20 times in the past few months, and at least some of the lasers appeared to come from Chinese fishing boats.According to The Wall Street Journal, the harassment is becoming a growing concern as China continues to flex its muscles in the South China Sea by building and arming artificial islands.U.S.

States Getting the Most and Least Sleep

The importance of a full nights sleep is difficult to overstate. Those who do not get enough sleep put not only their own health at risk, but also potentially jeopardize the safety of those they interact with on a daily basis — from the street to the workplace. Still, more than a third of American adults get dangerously little sleep.According to the Centers for Disease Control and Prevention…

Spain's Repsol Hires Tanker For Iran's Pars Oil As Sanctions Loom  | Rigzone

|Tuesday, June 19, 2018TweetNEW DELHI, June 19 (Reuters) - Spain's Repsol has hired Malta-flagged suezmax Mabrouk to ship the first export parcel of Pars oil produced from West Karoun fields in southwest Iran, sources and shipping data in Thomson Reuters Eikon showed.Iran's moved to export Pars crude comes as oil shipments from the Gulf nation are expected to be hit by renewed U.S.

Crude oil: India guzzles Iran crude before sanctions

NEW DELHI: India, the worlds fastest growing oil consumer is guzzling down Iranian crude before US sanctions start squeezing supplies from the Persian Gulf nation. India imported 771,000 barrels of crude oil a day from Iran in May, a 35 per cent increase from the previous month, tanker tracking and shipping data compiled by Bloomberg show.

Wells Fargo: OPEC's Production Increase Will Benefit Tanker Stocks

The tanker group as a whole is "uniquely positioned" to take advantage of a likely increase in oil production and potentially significant IMO 2020 tailwinds, according to Wells Fargo.The AnalystWells Fargo's Michael Webber upgraded the following stocksDHT Holdings Inc (NYSE: DHT) from Market Perform to Outperform, price…

Offshore Oil

Russian danger tanker seized on Humber as 'disastrous' series of safety breaches uncovered

A dangerous Russian oil tanker has been seized on the Humber after alarmed dock workers were so concerned about its safety they alerted the authorities - before it had even docked.The 85-metre (280ft) Tecoil Polaris was heading into Immingham when the alarm was raised.And after the Maritime and Coastguard Agency inspected…

Venezuela crude exports to China slide, may hit almost 8-year low

China's imports of Venezuelan crude oil could sink to their lowest in nearly eight years in July as the Opec producer struggles with shrinking output and mounting logistics issues, according to people familiar with the matter and shipping data.State-controlled PetroChina expects June loadings from Venezuela, mainly the Merey grade…

Hyundai Merchant signs LOIs with 3 firms to build 20 container ships

SEOUL, June 15 (Yonhap) -- Hyundai Merchant Marine Co., South Korea's leading shipping company, has signed letters of intent (LOIs) with the country's three major shipbuilders to build 20 container carriers by mid-2021. At its headquarters in Seoul, Hyundai Merchant signed an LOI with Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co.

Husky wants to build Saskatchewan oil pipeline, replace one that leaked in 2016

PRINCE ALBERT, Sask. - The company behind the 2016 oil spill that fouled the North Saskatchewan River and threatened the water supply of Prince Albert and other communities wants to build new pipelines to replace the structure that leaked. Husky Energy held an open house Wednesday in Prince Albert to discuss its proposal.

Clashes halt oil loadings at major Libyan ports of Es Sider, Ras Lanuf

BENGHAZI, Libya - The major Libyan oil ports of Ras Lanuf and Es Sider were closed and evacuated on Thursday due to attacks by armed brigades opposed to the powerful eastern commander Khalifa Haftar, causing a production loss of 240,000 barrels per day (bpd).At least one storage tank at Ras Lanuf terminal was set alight, an engineer told Reuters.

Disel

Zac Efron and Michelle Rodriguez confirm romance

414View commentsZac Efron and Michelle Rodriguez have finally confirmed rumours they are dating after they were pictured kissing on holiday in Sardinia.The 26-year-old hunk and the openly-bisexual actress enjoyed a PDA as they cosied up to one another on a yacht on Saturday.Zac leaned in to kiss 35-year-old Michelle, who…

Zac Efron and Michelle Rodriguez confirm romance

414View commentsZac Efron and Michelle Rodriguez have finally confirmed rumours they are dating after they were pictured kissing on holiday in Sardinia.The 26-year-old hunk and the openly-bisexual actress enjoyed a PDA as they cosied up to one another on a yacht on Saturday.Zac leaned in to kiss 35-year-old Michelle, who…