Energy News

Australia is pulling gasoline from 14,500 miles away in Europe, with companies including Trafigura Group Ltd. among those sending cargoes on what is a rare trade. Read More »

MISC announceD its financial results for the financial year ended 31 December 2017. Read More »

Partnership with A&E Petroleum expands the company’s operations into Nigeria, generating enhanced revenue opportunity and strengthening international reach Read More »

Hawaii has the highest residential electricity prices in the United States, averaging 27.5 cents per kilowatthour (kWh) in 2016—more than twice the national average. Read More »

Crowley Fuels announced today that it has signed another multi-year supply contract with Pivotal LNG to support a major pharmaceutical company’s energy needs in Puerto Rico. The contract, executed through Crowley subsidiary Carib Energy (USA) LLC, calls for Crowley to transport LNG from Pivotal facilities on the mainland to the island manufacturer. Read More »

The flood of crude leaving the U.S. could be about to get a major boost: the nation’s top imports terminal is testing one of the industry’s biggest tankers to load an export cargo for the first time. Read More »

Seafox 5 is now equipped to undertake offshore wind projects involving the next generation of larger wind turbines in water depths of up to 65 metres. Read More »

EIA projects that the United States will become a net energy exporter in 2022 in the newly released Annual Energy Outlook 2018 (AEO2018) Reference case, primarily driven by changes in petroleum and natural gas markets. Read More »

World-leading coating manufacturer Hempel launches its high performance, chemical resistant, two component epoxy coating – Hempadur 15600 – to the offshore industry. Read More »

Two recent energy deals highlight innovations in technology, business and marketing. Read More »

Yamal LNG, one of the world’s largest and most complex LNG projects, has appointed GAC Russia to manage its fleet of ice-breaker tankers at Sabetta port for the next three years. Under the agreement, GAC Russia will handle an estimated 400 port calls every year; 200 in Sabetta and an additional 200 globally. Read More »

Crowley Fuels announced today that Rick Meidel has joined the company as vice president and general manager, responsible for the performance and day-to-day operations of Crowley’s Alaska division. He will be based in Anchorage and report to Rocky Smith, senior vice president and general manager. Read More »

The mix of fuels used to generate electricity in the United States has changed in response to differences in the relative costs of electricity-generating technologies and, for those technologies that consume fuel, the cost of fuel. Read More »

China surpassed the United States in annual gross crude oil imports in 2017, importing 8.4 million barrels per day (b/d) compared with 7.9 million b/d for the United States. Read More »

In July 2017, California’s state legislature passed assembly bill (AB) 398 to reauthorize and extend until 2030 the state’s economy-wide greenhouse gas (GHG) reduction program. The bill sets a new GHG target of at least 40% below the 1990 level of emissions by 2030. As of 2015, about 86% of California’s GHG emissions were related to the consumption of energy. Read More »

India’s increased focus on cleaner cooking fuel may open the door for imports of liquefied petroleum gas from the U.S., according to Facts Global Energy. Read More »

With its money-losing refineries producing the least fuel in 27 years and only a handful of private partnerships announced since Mexico’s energy reforms, sealing a $2.6 billion venture with Mitsui & Co. will come as a relief to Petroleos Mexicanos. Read More »

U.S. crude oil production reached 10.038 million barrels per day (b/d) in November 2017, according to EIA’s latest Petroleum Supply Monthly. November’s production is the first time since 1970 that monthly U.S. production levels surpassed 10 million b/d and the second-highest U.S. monthly oil production value ever, just below the November 1970 production value of 10.044 million b/d. Read More »

In today’s deep-water bid round for the Mexican Gulf of Mexico, Shell Exploración y Extracción de México, S.A. de C.V., won four exploration blocks on its own, one with its partner Pemex Exploración y Producción and four with its partner Qatar Petroleum International Limited. Read More »

The CESI Wenzhou is the fifth vessel to serve the LNG transport project for SINOPEC announced in April 2013, and will sail under a long-term charter contract to transport LNG that SINOPEC will purchase from the Australia Pacific LNG Project. Read More »