Wilhelmsen Technical Solutions (WTS) said it has successfully completing the gas trial for the first LNG carrier built to a Boil Off Rate (BOR) of 0.08% per day.
Nordic American Offshore Ltd. today announced that its board of directors has declared a dividend of $0.45 per common share for the third quarter 2014. This is the same as for the second quarter 2014.
As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.
New service expands Port of Charleston's capacity to serve North-South trade
The SC Ports Authority today received the first ship call of a new consolidated
Venezuelan state oil company PDVSA confirmed late on Sunday reports that it is importing light crude to blend with extra-heavy oil from the Orinoco belt.
Crude volumes used by local refineries at record high in August; Saudi crude exports seen around 7 mln bpd until December. Saudi fights for market share, exports to US decline.
Crude oil tanker firm Frontline, part of shipping tycoon John Fredriksen's business empire, appointed Robert Hvide Macleod as chief executive to replace Jens Martin Jensen, the firm said on Monday.
A tanker chartered by Canada's Suncor Energy Inc to ship oil sands crude from Quebec to the U.S. Gulf Coast was expected to receive replacement parts on Friday,
Venezuelan state oil company PDVSA said on Friday it is selling four crude tankers and two liquid petroleum gas (LPG) tankers that are currently inactive, amid a broader plan to modernize its fleet.
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG) confirmed
Morgan Stanley Chief Financial Officer Ruth Porat said the bank is still committed to selling its physical oil business, even if its planned deal with Rosneft does not close.
Brent crude oil futures rose more than $1 to above $87 a barrel on Friday as investors bought into a market they saw as oversold.
U.S. crude was also up sharply,
Crude price drop and dollar strength benefit TEN’s bottom line materially; third quarter financial results to be announced on November 21, 2014
ExxonMobil's Papua New Guinea liquefied natural gas (LNG) export project has awarded a November cargo to BG Group as part of a two-cargo tender that closed this week, two traders said.
The U.S. Department of Commerce confirmed steep duties on imports of refrigerant gas from China on Wednesday, saying the goods were sold too cheaply in the United
Citing “unfavorable current capital market conditions,” Euronav NV announced today that it is postponing its contemplated initial public offering of ordinary shares
Azerbaijan's oil exports fell 2 percent year-on-year in the first nine months of 2014, a source at the State Statistics Committee said on Wednesday, driven by declines at fields operated by BP.
Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great influence
EU energy imports cost over $500 billion in 2013; costs to fall to $425 bln in 2015 if oil remains below $90.
The European Union could save up to $80 billion
Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. Slowing a U.S. drilling boom, however, could take more than a year.