Dallas-based Kosmos announced on Monday that first LNG production has been achieved at the BP-operated GTA LNG project. Last month, BP and its partners started flowing gas from wells at the GTA Phase 1 LNG […]
The US president says he will slap additional 25% levies on all steel and aluminum purchases US President Donald Trump has threatened to hike tariffs on key metals imports. Speaking to reporters on board […]
Cargo ships could reportedly be impounded on grounds of supposed piracy and the threat of environmental incidents Several EU members are considering strengthening the legal framework for seizing ships in the Baltic Sea with […]
Deutsche ReGas announced the termination of the contract with the German Federal Ministry for Economic Affairs and Climate Protection in a statement on Monday. The vessel is one of two floating storage and regasification units […]
BERLIN/POTSDAM – The lack of spring in Christian Lindner’s step heralds the murky electoral prospects of Germany’s liberal Free Democratic Party (FDP). Just a few months ago, the FDP leader was Germany’s finance minister, […]
Oslo-listed surveyor and seismic data specialist TGS has won two new contracts offshore Norway. The work scope covers 4D streamer acquisition projects, one in the North Sea and one in the Norwegian Sea, the company […]
A series of explosions yesterday in the engine room of a 22-year-old suezmax at the Russian Baltic port of Ust-Luga has put neighbour Finland on alert. The Turkish-owned Koala tanker, laden with 130,000 tonnes of […]
Numerous publications will struggle to stay afloat after Donald Trump suspended most foreign aid Elon Musk has derided pro-Western Russian and Ukrainian media outlets over their degree of perceived “independence,” as the publications now find […]
The LNG shipping industry has built excessive capacity in anticipation of increased LNG exports, resulting in a current oversupply of ships and plummeting charter rates. Political factors, such as the U.S. pause on new LNG […]
West Texas Intermediate has been trading around $70 this week after posting two weeks of declines. The last time shale producers pursued a flat-out production strategy, crude prices tanked to the $40s. Cheap oil may […]
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