U.S. exports of liquefied natural gas (LNG) fell about 8% last month, according to preliminary Refinitiv vessel tracking data on Monday, but Europe remained the top importer as the continent secures alternate supply following Russia's invasion of Ukraine.U.S. LNG exports to all destinations came to about 7.10 million tonnes (MT) last month, according to Refinitiv, down from a record high 7.
Nine tankers carrying Russian-origin crude and fuel oil have discharged in the United States in April, likely the last ones to deliver before a wind-down set by Washington expires this week, customs and tanker tracking data showed.The United States last month set an April 22 ban on imports of Russian crude and refined products.
As offshore market activity recovers and continues to increase through the next decade, as we expect it to, oilfield service (OFS) capacity is expected to tighten.As offshore market activity recovers and continues to increase through the next decade, as NorthStone Advisors expect it to, oilfield service (OFS) capacity is expected to tighten.
Eastern Pacific Shipping's first LNG-fueled Newcastlemax bulk carrier in an order of 13 ABS-Classed vessels, has recently taken on its first load of LNG bunker fuel at Singapore.The 209,936 DWT dual-fuel vessel, Mount Tourmaline, was built by Shanghai Waigaoqiao Shipbuilding Co., Ltd., China, and delivered to EPS on January 28, 2022.
Oil prices surged to seven-year highs on Friday, extending their rally into a seventh week on ongoing worries about supply disruptions fueled by frigid U.S. weather and ongoing political turmoil among major world producers.Brent crude rose $2.16, or 2.4%, to settle at $93.27 a barrel having earlier touched its highest since October 2014 at $93.70.U.S. West Texas Intermediate crude ended $2.
Partners Group, a global private markets firm, has agreed, on behalf of its clients, to buy North Star, a UK-based operator of emergency response and rescue vessels, which has recently also dived into the offshore wind sector with several orders made for essential offshore wind maintenance services vessels, from Basalt Infrastructure Partners for an undisclosed price.
In the 2021 National Defense Authorization Act, Congress established a commission to rename several military bases and ships that commemorate members of the Confederacy. One of these is the Naval oceanographic ship USNS Maury (T-AGS 66), named after oceanographer Matthew Fontaine Maury, who resigned his commission in the U.S. Navy to join the Confederacy at the outbreak of the American Civil War.
Maritime Partners, LLC, through its managed funds, has acquired from J. Russell Flowers, Inc. and its affiliates, a diversified portfolio of over 1,000 marine vessels operating on bareboat charter. JRF’s fleet includes a variety of towboats, tank barges, hopper barges, and deck barges.
The Biden administration proposed a slew of changes on Friday to the nation's federal oil and gas leasing program, including hiking fees on drilling companies and limiting their access to sensitive wildlife and cultural zones.The recommendations followed a months-long review aimed at ensuring drilling on federal lands and waters benefits the public.
Spanish renewables giant Iberdrola has informed that it has started construction work for the Vineyard Wind 1, the United States' first large-scale offshore wind farm.The offshore wind farm will be located off the coast of Massachusetts. It is 25 times larger than an existing offshore wind farm in Rhode Island, which has 30 MW installed capacity and supplies electricity to 17,000 homes.
More than 80% of oil production in the Gulf of Mexico remains shut in after Hurricane Ida, a U.S. regulator said on Monday, more than a week after the storm made landfall and hit critical infrastructure in the region.Energy companies have been struggling to resume production after Ida damaged platforms and caused onshore power outages. About 1.
A federal appeals court late on Friday reversed course and let stand a lower court order prohibiting the U.S. Centers for Disease Control and Prevention (CDC) from enforcing coronavirus-related cruise ship rules in Florida.The decision is a win for Florida that had filed a lawsuit arguing the CDC curbs made it tough for the cruise industry to recover from the pandemic.