Oil & gas news
Nigeria LNG port blockaded
Nigeria LNG’s export terminal in the Bonny Channel has been blockaded by NIMASA over a dispute about maritime taxes. Currently two ships are stuck in port and one cannot enter.
SGS Opens Drilling Equipment Inspection Lab in China
The new lab, based in Tianjin, China offers advanced testing methods in compliance with DS-1, NS-2 and API standards.
Australian LNG projects award Trelleborg contracts
Trelleborg Marine Systems will supply fender systems to QCLNG, Gladstone LNG and Australia Pacific LNG.
Rosneft and GE sign strategic co-operation agreement
The two companies will be working together in order to develop technologies and know-how for the Russian oil and gas industry.
Genesis awarded subsea FEED contract for Kudu in Namibia
Genesis Oil and Gas Consultants Ltd announced that it has been awarded the subsea front-end engineering design (FEED) for the Kudu Gas to Power project.
Japan and Gazprom sign Mou for Vladivostok LNG
Gazprom and Japan Far East Gas Co., Ltd. have signed an MOU about further cooperation on the Vladivostok LNG project and joint marketing of the project in Japan.
Asia accounts for 25% of US coal exports
A recent report from the US Energy Information Administration shows US coal exports to Asia growing from 2% of total in 2007 to 25% in 2012.
Iraq willing to supply India with as much crude as possible
Iraq, India’s second largest oil supplier, has announced that it is willing to provide as much oil as possible in the wake of reduced Iranian supplies.
China: significant energy challenges ahead
Chinese state oil companies face tougher times, says Ng Weng Hoong, amidst rising barriers to growth in Asia.
Rosneft in giant US$ 270 billion oil deal with China
Russian giant, Rosneft has agreed to a US$ 270 billion deal with China to supply an additional 300 000 bpd for 25 years starting in the second half of this decade.