Fuels & Lubes

Rockets Ignite Fuel Tanks Near Tripoli's Airport

The huge fire from fuel tanks near Tripoli's international airport that has been ignited by rockets attack is out of control as clashes between rival militias have resumed in the area,

Tripoli Airport Ablaze, Rockets Leave Libya in Chaos

Diplomats flee Libyan chaos; Politicians appeal for international intervention. Clashes in Tripoli, Benghazi kill around 160 over two weeks, while Libyan capital face fuel, power shortages.

Statoil Okayed to Extend Heimdal Gas Unit

Norway's oil safety watchdog has given Statoil permission to operate its oil and gas facilities at the Heimdal field until 2034, beyond earlier plans for operations until 2021, it said on Monday.

Russian Gas via Ukraine to EU Normal on Monday

Russian natural gas flows to the European Union through Slovakia via Ukraine were running normally on Monday, Slovak pipeline operator Eustream said. Russia

Japan, Mexico Sign Carbon Trade Deal

Japan and Mexico have signed a deal for Japanese companies to earn carbon credits by investing in technology to cut greenhouse gas emissions in Mexico - in Japan's 12th bilateral carbon agreement.

Europe Sleep Walking into an Energy Crisis: Analyst

The downing of flight MA17 has prompted calls for further sanctions on Russia targeted at its energy sector. Douglas-Westwood in its 'DW Monday' analysis considers

ABB Acquires Dutch Oil, Gas Flow Measurement Firm

ABB says it has agreed to acquire Spirit IT of Eindhoven, Netherlands, to add a new line of high-performance liquid flow computers, SCADA and custody transfer solutions

Exxon Refinery Piles Pain on European Plants

ExxonMobil is pouring $1 billion into modernizing a European refinery just as others are fleeing the sector, making life even more difficult for older plants struggling to stay afloat.

Repsol Profit Tops Forecasts on Refining Strength

Adjusted Q2 net profit 390 mln eur versus 296 mln forecast; refining margins up 19.2 percent, output down 5.8 pct. Shares up 1.8 percent, in line with market. Cash-rich

Beijing: New Industry Limits will cut Smog

China's overgrown and smog-hit capital Beijing has passed new rules banning the expansion of polluting and resource-intensive industries, the local government said on Friday.

Polish LNG Terminal Consortium Needs More Money

The consortium building Poland's first liquefied natural gas (LNG) terminal is in talks to increase the amount it is being paid, but there is no risk to the completion of the project,

Danish Bunker Trader Joins GAC in London

GAC Bunker Fuels says it has appointed former GAC Denmark Shipping Assistant Ida Ryberg as a Bunker Trader with its UK team. Ryberg joins Andy Boichat and Resham

Nation’s Vessel Operators Join EPA as SmartWay Affiliate

The American Waterways Operators, a 350-member trade association representing the U.S. tugboat, towboat and barge industry, announced today that it joined the SmartWay Transport Partnership,

Phillips 66 Marine Fueling Facility Nears Completion

Phillips 66’s previously announced marine over-the-water fueling facility at its Richmond, Calif. terminal is nearing completion. The facility, located on Canal Boulevard, and known as Pier No.

ABS, MPA to Collaborate on Maritime R&D

ABS and the Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MOU) today to promote maritime research and development (R&D) and innovation.

EU's Planned Sanctions Against Russia to Hit South Stream, Yamal LNG

South Stream pipeline, Yamal LNG rely on western technology EU proposes to target sensitive technologies in energy sector Pipelines, wells, drilling

Wilhelmsen Secures Inert Gas System Orders

Breakthrough order in Japanese shipbuilding market sees largest ever capacity Maritime Protection IG units delivered for leading domestic owners. Wilhelmsen

BNSF Train Carrying Oil Derails in Seattle

A Burlington Northern Santa Fe train carrying crude oil derailed in Seattle on Thursday, but there were no immediate reports of a spill or injury, according to local television stations.

New Crewboat Design for Offshore O&G Market

Upgraded crewboat design employs carbon-reinforced composite materials and is lighter, faster and more fuel-efficient than alternatives. Marine Oil Transportation

Pemex Restarts Units at Madero Refinery

Mexican state oil giant Pemex said on Thursday it was in the process of restarting halted units at its Ciudad Madero refinery in northern Mexico after extinguishing

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