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FOREST OIL

Coalition Seeks to Block Alaska Oil, Gas Permit

A coalition of Native tribal governments, commercial fisherman and environmentalists has filed an administrative appeal to block a wastewater discharge permit for oil and gas operators in southern Alaska's Cook Inlet, Reuters reported. The appeal, filed in the Ninth Circuit Court of Appeals, challenges a general permit issued by the Environmental Protection Agency that allows established oil and gas production facilities to discharge wastes directly into the inlet's marine waters. The new permit, scheduled to go into effect on July 2, covers 16 offshore oil and gas platforms and three onshore facilities in Cook Inlet, said Dianne Soderlund, communications coordinator for EPA's Alaska oil and gas section. It will also cover any exploration, development and production facilities that are erected in the inlet in the next five years. Companies with oil and gas produced from platforms covered by the new wastewater permit are Chevron, Marathon Oil, Unocal, Forest Oil and XTO Energy, according to state reports. Source: Reuters


ENSCO Jackup Rig Damaged in Gas Blowout, Fire

ENSCO International Incorporated and Forest Oil Corporation reported that one of ENSCO’s jackup rigs sustained extensive damage while operating in the Gulf of Mexico. ENSCO 51 was on location in Eugene Island Block 273 drilling a development well over a platform (the “A” platform) for its customer, Forest, the operator of the block. Eugene Island Block 273 is located approximately 75 miles offshore. Shortly after midnight on Thursday, March 1


Forest Promoted to Senior VP at Matson

Ronald J. Forest has been promoted to senior vice president of Matson Navigation Company, Inc. (Matson). The appointment was approved yesterday by the company’s Board of Directors and announced by Matson President and CEO James S. Andrasick. Forest’s career in the industry spans 25 years and has included eight years with Matson, eight years with APL and nine years with United States Lines. His Matson career began in 1995 as operations manager, Southern California


Gorthon Lines sells Forest Product Carrier

Gorthon Shipping International Bermuda, a wholly-owned subsidiary of Gorthon Lines AB, has sold the forest product carrier Humber Arm on private terms, after a crankshaft breakdown in the main engine. The vessel was built by Schichau Unterweser AG in 1976 and has a DWT of 7650 mton. The vessel was delivered to the new owners on July 6, 2004. For further information please contact CEO Lars Petersson, phn +46-42 172700.


Panama Canal Emission Reduction Plan

The Panama Canal Authority (ACP) to implement plan for reducing carbon emissions in the Canal Watershed ACP has signed a Technical Cooperation Agreement with the National Environmental Authority (ANAM) and the German Agency for International Cooperation to apply mechanisms that will reduce emissions in the Canal Watershed. The agreement aims to establish the terms and conditions for the design and implementation of a pilot program in the Panama Canal Watershed


San Francisco Wooden Wall Tall Ship Eco-friendly

The Brigantine: Image courtesy of Educational Tall Ship Organization

A US$5-million historic sailing brigantine currently under construction in Sausalito has officially entered the process of earning Forest Stewardship Council (FSC®) project certification. The certification will indicate that the brigantine will be constructed from timber produced with responsible forestry practices. The nonprofit group behind the project, Educational Tall Ship for San Francisco Bay, selected Emeryville-based SCS Global Services (SCS), a leading FSC certifier worldwide


Finnlines Buys 16.6% Of Transfennica

Finnlines said it had bought forest industry group Stora Enso's 16.6 percent stake in shipping company Transfennica for an undisclosed sum. Finnlines said it and its subsidiaries at the same time had made a long-term cooperation agreement with Stora Enso on the transportation of its paper products from Finland to the rest of Europe. Transfennica is a shipping company owned by the Finnish paper industry and operates some 20 RoRo vessels, it said


This Day in Naval History

1918 - Sailors fire first of the five railroad batteries at Tergnier, a German rail head in the Comeigne Forest. These 14-inch, 50-caliber guns were originally designed for battleships. 1939 - Navy begins formation of neutrality patrol for Atlantic Ocean. 1940 - First destroyers transferred to Great Britain at Halifax, Nova Scotia, under "Destroyers for Bases" agreement. 1944 - USS Independence (CVL 22) begins use of specially trained air group for night work


SSA Appeals to Indonesia to Stop Forest Fires

Grave concerns on safe navigation through Straits of Malacca and Singapore. The Malacca and Singapore Straits is a strategic gateway in world trade and one of the world’s busiest waterways. On any given day, over 140 ships – such very large oil tankers, container ships, bulk carriers and cruise liners, ply through the Straits; not forgetting the smaller crafts like passenger ferries, tugs and barges making frequent cross-Straits voyages in the littoral states of Singapore


Tropical Forests Destruction in S. America is Sin of Modern Times - Pope

 Pope Francis

  Pope Francisco called for more respect for nature on Saturday, calling the destruction of tropical forests in South America and other forms of environmental exploitation as sins of modern times. In a speech at the University of Molise, an agricultural and industrial region in southern Italy, Francisco said he should be allowed to offer off the Earth without being exploited. "This is one of the greatest challenges of our time: go to a type of development that respects creation


Nigeria: What are the Implications for Tanker Demand?

Source: Poten and Partners

 Nigeria’s crude oil production and exports have been hit by severe outages as a result of attacks on oil infrastructure by rebel fighters in the Niger River Delta.    Various sources report that Qua Iboe Terminal has shut down operations until further notice


Fos Tanker Queue Grows as Strike Impacts Refinery Ops

Nearly two dozen vessels were queued outside the French oil import terminal in Fos, southern France on Thursday, held up by a strike organised by the hardline CGT and FO unions over planned labour reforms. A spokeswoman for the port of Marseille told Reuters that yesterday 29 oil


Floating Storage Flattens Fortunes of $50 Crude

Photo: Alibra Shipping Ltd. Research

 The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism, says a report from Alibra Shipping Research.  


Strike In France: Implications for Tanker Demand

Graph: Poten & Partners

 After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing the consequences of a national strike in France, where members of the trade union CGT have organized strikes at the country’s


Tanker Shipping: Signs of Weakness are Appearing, But Still Money to be Made

Graph: BIMCO

Supported by slow fleet growth and ongoing positive refinery margins, VLCC earnings in Q1-2016 were up from a year ago, but down from Q4-2015 as we expected at $58,367 per day for VLCC (+5.7% year on year).  For the minor crude oil carriers, rates were down from Q1-2015 and Q4-2015


Emas Reels in $32m Contract

Photo: Emas Offshore

 Singapore-listed offshore firm EMAS Offshore Limited wins $32m of new business  has secured new awards and letter of intents for charters amounting to approximately US$32 million, including options.   These new charters will see EMAS Offshore’s Anchor Handling Tug (AHT)


Oil-hungry Bacteria Could Clean Up Next Big Oil Spill

Deepwater Horizon - “Oil….contains thousands of different types of hydrocarbon chemicals, many of which are toxic and difficult to break down. But some of these bacteria can.” Dr Tony Gutierrez Photo Heriot-Watt University.

Heriot-Watt scientists have cracked the genetic code of the marine bacteria which helped ‘eat’ the oil spilled in the Deepwater Horizon disaster, information which could aid clean-up efforts for any future major spill. Dr Tony Gutierrez


NOC Cancels Two Oil Cargoes in Dispute with East

Libya's National Oil Corporation (NOC) based in Tripoli said on Thursday it had cancelled two oil cargoes from its May export program because a rival NOC in the east is blocking exports from Marsa al-Hariga.   Mohamed el-Harari, spokesman for the NOC in Tripoli said in a statement that the


Greece to Evaluate Deep-sea O&G Exploration Bids

Greece will conclude the evaluation of deep-sea oil and gas exploration bids in the coming weeks and will name the preferred bidders soon after, its energy minister said on Friday, as the country seeks to tap into its limited oil reserves.  


US Oil Drillers Cut Rigs for 8th Week to Oct 2009 Lows

U.S. oil drillers cut rigs for an eighth week in a row to the lowest level since October 2009, oil services company Baker Hughes Inc said Friday, even with futures at six-month highs as some energy firms focus on completing wells rather than drilling new ones.  


Oil prices up on Nigeria outages, Goldman Forecast

Unrest cuts Nigerian output to lowest in decades; U.S., China output also down sharply. Oil prices jumped over 2 percent on Monday to their highest since November 2015 on growing Nigerian oil output disruptions and after long-time bear Goldman Sachs said the market had ended almost two years of


Libya to Resume Oil Shipments from Hariga

Libya will resume oil shipments from the port of Marsa El Hariga after an agreement was reached at talks in Vienna between rival oil officials representing the east and west of the country, Libyan oil sources told Reuters. Exports from the port have been blocked since early this month due to a


Cuba's Trade Deficit Widens as Commodity Crash Bites

Cuba's chronic goods trade deficit widened by $1.5 billion in 2015 as exports fell 24 percent and imports rose 3 percent, the government said on Wednesday, in the first data showing a commodity crash has hurt the economy.   The information


Canadian Oil Exports Drop, Supply Hunt on Amid Wildfires

In a sign the massive Alberta wildfire is taking a toll on oil transport, Canadian crude exports to the United States dropped 12 percent last week, while another blend of Canadian sweet crude oil rallied as concerns grow about supply.  


Delayed Tanker Begins Libyan Crude Lifting

A tanker that had been blocked for three weeks in a stand-off over oil exports at the eastern Libyan port of Marsa al-Hariga entered the port and began loading on Thursday, officials said. The Seachance, which had been waiting to load oil for Glencore on behalf of the Tripoli-based National Oil






 
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