Fuels & Lubes

Lockheed Martin's First Marine LNG Tank Goes to Harvey Gulf

Lockheed Martin notifies that its first Liquefied Natural Gas (LNG) tank has transitioned from the assembly line to the shipyard for integration with the Wärtsilä LNG propulsion system,

Bunker Specialists Endofa Name Hoffmann CEO

Endofa, an independent marine fuel supplier and bunker trader, informs it has named Lars Hoffmann as Chief Executive Officer. Prior to joining Endofa, Hoffmann

YPF Tenders to Buy Fuel Oil for June

State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received

India Cuts Iran Oil Imports

India's imports of Iranian crude tumbled about a fifth in the fiscal year ended in March, despite a surge of shipments in recent months that came after a deal easing sanctions on Tehran.

Kinder Morgan Energy Partners' Dividend Up 6%

Kinder Morgan Energy Partners, L.P. informs in its Q4 2014 financial report that it has increased its quarterly cash distribution per common unit to $1.38 ($5.52 annualized) payable on May 15,

Russian, German, Natural Gas Majors Put Heads Together

Gazprom inform that Amsterdam hosted the annual meetings of the Co-ordinating Committee for Strategic Cooperation and the Co-ordination Committee for Sci-Tech Collaboration

Hans Jensen Lubricators Moving Closer to Customers

Based on a desire to bring their market leading and cost reducing technology closer to customers, cylinder lubrication equipment manufacturer Hans Jensen Lubricators A/S opens new office in Singapore.

Huge Kuwait Refinery Project Contract for HHI

South Korea's Hyundai Heavy Industries (HHI), says it has won a total US$ 3.4 billion Mina Abdullah (MAB-2) package for the Clean Fuel Project (CFP) for the Kuwait

China crude oil output up

China's refinery crude throughput in March rose 2.6 percent from a year earlier to 41.92 million tonnes, or 9.87 million barrels per day (bpd), data from the National

Evolution or Revolution? LNG and the Railroads

Electro-Motive Diesel, the world's largest diesel locomotive manufacturer, has taken delivery of the first of four specially designed liquefied natural gas (LNG)

South Korea Iran Oil Imports Drop in March

South Korea's oil imports from Iran fell 76 percent in March from a month earlier as one of the two Korean refiners that import the crude started a shutdown for maintenance,

First Japan-Built Marine Gas Engine DNV Approved

Kawasaki Heavy Industries says that its gas engine L30KG, a main engine for large vessels fueled solely by gas with an output capacity of over 2 MW,  has become

LNG Bunkering Will Develop Fast - LR Study

Lloyd's Register’s (LR) LNG Bunkering Infrastructural Survey 2014 indicates that major ports around the world are either planning for, or are anticipating, the wide-scale development of LNG bunkering.

California Lawmaker drops Plan Replacing Carbon Market With Tax On Fuels

A top Democratic lawmaker in California on Monday backed off an unpopular plan to tax gasoline and diesel fuels and instead proposed a less controversial plan to

Asia Airlines Hedging Big Part of Fuel Use

Top Asian airlines are hedging a substantial portion of their jet fuel usage this year, a Reuters survey showed, signaling they expect prices of the fuel to be

Glencore buying Chad oil firm Caracal for $1.3 bln

Mining company Glencore Xstrata said it agreed to buy Chad-focused oil company Caracal Energy for about 800 million pounds ($1.3 billion), in a deal which will

Shift to Low-Carbon Energy or Face Consequences: UN Report

A United Nations report says that governments must act faster to keep global warming in check and delays until 2030 could force them to use little-tested technologies

The Midas Touch: US Navy Researchers Convert Seawater into Fuel

Researchers at the Naval Research Laboratory (NRL) say they have developed technology to extract carbon dioxide from seawater while simultaneously producing hydrogen,

Drummond Construction Barge Sinking Flags Pollution Concern

A barge carrying construction materials for U.S.-based Drummond Co Inc, Colombia's second biggest coal miner, was shipwrecked at the company's port late last week,

Act Fast To Curb Global Warming, Or Extract CO2 From Air - UN

 Faster action is needed to keep global warming to agreed limits and delays until 2030 could force reliance on technologies to    extract greenhouse gases from the air, a U.

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