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Issue #588

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Inland Ports

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2014 Media Kit


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Indonesia’s Pertamina seeks US LNG supply, shale equity

Reuters | October 01, 2014 | Energy

Indonesia’s Pertamina is in talks to secure a greater supply of liquefied natural gas (LNG) from the United States and to buy into a shale gas producer there, the state oil and gas firm said, as it looks overseas to fill gaps left by declining domestic output and higher demand. Read More »

Shell says Westward Ho pipeline on hold

Reuters | September 30, 2014 | Energy | Pipeline

Royal Dutch Shell Plc has put its 300,000 barrels per day Louisiana-to-Texas Westward Ho oil pipeline project on hold as newer pipelines have already swamped the region with hundreds of thousands of barrels of domestic light sweet crude per day. Read More »

Fire at Sicily’s Milazzo Oil Refinery Hampers Vessels’ Operations

AJOT | September 29, 2014 | Energy | Maritime

Fire at Sicily’s Milazzo Oil Refinery Hampers Vessels’ Operations

Inchcape Shipping Services, the world's leading maritime services provider, is advising of extensive disruption after a fire broke out Friday afternoon (27 September) at Italy’s energy giant Eni and Kuwait Petroleum’s jointly owned Milazzo oil refinery, near the northeast coast of Sicily. Read More »

Russia Targets Oil Oligarch Yevtushenkov

Reuters | September 28, 2014 | Energy | International Trade

Russia moved to wrest control of an oil company from oligarch Vladimir Yevtushenkov on Friday, seizing his conglomerate Sistema's shares in the firm and deepening investors' fears the Kremlin wants to reclaim prized state assets. Read More »

Global Infrastructure Partners (GIP) selling 50% interest in Ruby Pipeline

AJOT | September 28, 2014 | Energy | Pipeline

Global Infrastructure Partners agreed to sell its 50% interest in the Ruby Pipeline, a Western U.S. natural gas pipeline, to publicly traded, Canadian pipeline operator Veresen Inc . for about $1.43 billion.

El Paso Pipeline Partners, an affiliate of Kinder Morgan Inc., holds the remaining 50% interest in Ruby Pipeline through a common equity interest. Read More »

BHP Billiton to cut capital spending in its petroleum division

George Lauriat | September 26, 2014 | Energy | Discovery | International Trade | Ports & Terminals | Ports | Wet Bulk Port | Dry Bulk Port

BHP Billiton, the Australian mining and oil giant, will cut capital spending in its petroleum division by $279 million in 2015, the company announced in its annual report. The trend follows that of other major oil and gas companies. Major producers including Shell, Chevron and Total have all announced plans this year plans to pull back on capital expenditures. Read More »

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