The Lastest News

LNG

APLNG, QCLNG Strike Deal To Share Infrastructure

The Australia Pacific LNG project (APLNG) said that it has signed a deal to buy gas from neighboring Queensland Curtis LNG (QCLNG ) project and for both projects to share infrastructure.Under the tolling agreements, the QCLNG project will be able to transport and process gas and water from the Arrow Energy Surat Basin fields…

China's Zhoushan to go after Singapore marine hub's top billing

A Sinopec oil tanker approaches cargo vessel Dongtai Baoze (L) berthed at an anchorage off Zhoushan port to supply it with bunker fuel, in Zhejiang province, China August 14, 2018. REUTERS/StringerMoreBy Chen Aizhu and Roslan KhasawnehZHOUSHAN, China/SINGAPORE (Reuters) - China's port city of Zhoushan is planning to challenge…

Cheniere's (LNG) Corpus Christi Plant Ships its First Cargo

A major chunk (almost 53% or C$900 million) of Pembina's (PBA) projected capital expenditure for 2019 is likely to be allocated toward its Pipelines Division.MoreCheniere Energy, Inc. LNG recently achieved a major milestone with the dispatch of the first cargo from its Corpus Christi liquefaction (CCL) project. Notably, the company did not disclose the destination yet.

Mitsui & Co Ltd (MITSY) vs. Aegean Marine Petroleum Network (ANW) Financial Review

Aegean Marine Petroleum Network (NYSE:ANW) and Mitsui & Co Ltd (OTCMKTS:MITSY) are both transportation companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, profitability, analyst recommendations, institutional ownership, dividends, valuation and earnings. ProfitabilityThis…

Cheniere Energy (LNG) Valuation Declined While Fairview Capital Investment Management Has Boosted Po

Fairview Capital Investment Management Llc increased its stake in Cheniere Energy Inc (LNG) by 5.01% based on its latest 2018Q3 regulatory filing with the SEC. Fairview Capital Investment Management Llc bought 78,672 shares as the company’s stock declined 6.26% with the market. The hedge fund held 1.65 million shares of the public utilities company at the end of 2018Q3…

LNG Terminals

Blackstone, KKR Pursue $1 Billion Long Beach Terminal

Blackstone, KKR Pursue $1 Billion Long Beach TerminalMore(Bloomberg) -- Cosco Shipping Holdings Co.s sale of a container terminal in Long Beach, California has drawn interest from potential buyers including Blackstone Group LP and KKR & Co., people familiar with the matter said.EQT Partners and an arm of Macquarie Group Ltd.

'Oil and Politics' - an economist specializing in oil takes a look at the bigger picture

John Foster's new book Oil and World Politics was the result of unconventional inspiration. The retired economist specializing in the oil and petroleum industry was attending a series of lectures where, as he describes it in the preface of the book, a couple of his colleagues called him out for rolling his eyes in the back row.In his own words…

Parker Towing Acquires Henry Marine Service - The Waterways Journal

Parker Towing Company Inc., Tuscaloosa, Ala., one of the oldest, most respected barge lines in the country, as its literature states, recently expanded its marine and terminal operations on the southeastern waterways with the acquisition of a marine services company in Mobile, Ala. On September 27, Parker Towing purchased…

Port Qasim, KPT in talks for freight corridor

The Karachi Port Trust (KPT) and Port Qasim authorities are in negotiations for the development of a multi-billion dollar freight corridor running across the sea front between the two Karachi ports.This was stated by Chairman KPT Rear Admiral Jameel Akhtar on Friday at a ceremony welcoming the arrival of the biggest-ever vessel to dock at a Pakistani port…

Procurement: Grinding Down The Corruptocrats

In October Israel received its third order from India for Barak 8 SAM (surface-to-air missile) system. This $777 million contract is to supply system equipment and missiles to install the LRSAM version of Barak 8 on seven Indian warships. Each ship will receive the AESA radar, launchers and fire control equipment as well as an initial supply of missiles.

Compressed natural gas

Manchester team adds graphene to jute fibers

Scientists from The University of Manchester have combined graphene with the natural fiber jute, to create graphene-strengthened natural jute fiber composites. The team explains that this could lead to the manufacturing of high-performance and environmentally friendly natural fiber composites that could replace their synthetic counterparts in major manufacturing areas…

CNOOC gas supply hits new record as northern China shivers

BEIJING, Dec 12 (Reuters) - * CNOOC Gas & Power, a unit of China National Offshore Oil Corp , said on Wednesday its daily supply of natural gas had surpassed 200 million cubic meters for the first time as temperatures in northern China plummet. * CNOOC sent 205 million cubic meters of gas to the Chinese market on Dec. 10…

Analyzing China Oilfield Services (CHOLY) & Paramount Resources (PRMRF)

China Oilfield Services (OTCMKTS:CHOLY) and Paramount Resources (OTCMKTS:PRMRF) are both small-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, dividends, valuation, risk, institutional ownership, analyst recommendations and earnings.

Australia rare earth miner Lynas eyes legal options on Malaysia plant review

KUALA LUMPUR/MELBOURNE (Reuters) - Australian rare earths miner Lynas Corporation said on Wednesday that it would consider legal options after Malaysia added new conditions to license renewals for its $800 million plant in the country, sending Lynas shares sharply lower. The reaction came after Malaysia’s Energy and Environment…

25,604 Shares in Cummins Inc. (CMI) Purchased by Algert Global LLC

Algert Global LLC acquired a new stake in Cummins Inc. (NYSE:CMI) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 25,604 shares of the company’s stock, valued at approximately $3,740,000. Cummins makes up approximately 0.8% of Algert Global LLC’s investment portfolio…

Liquefied natural gas

Research unlocks secrets of iron storage in algae

New research shows that phytoplankton iron storage strategies may determine which species thrive in changing oceans and impact marine food webs, according to a recent paper in the Proceedings of the National Academy of Sciences. The research examined two primary methods of iron storage and found that one makes species more…

2020 Rivian R1T is an Electric-Powered Super Truck with Range

PLYMOUTH, Michigan – Standing before us, some nine years in the making, is Rivian’s first production model, the Rivian R1T, a high-riding, full-sized, electric, twin cab, all-wheel-drive pickup with a claimed 0 to 60 mph time of less than 3 seconds, the ability to ford streams and excel off-road, with a claimed range between charges as high as 400 miles…

Maersk will offer extended cargo protection for shippers

Dive Brief:Maersk will offer an alternative to cargo insurance to cover goods while they're in Maersk's care, World Maritime News reported.Called "Value Protect," the extended liability solution will cover loss or damage to cargo from fire, accidents due to the danger of the sea, theft, natural disaster, cyber incidents…

Trump administration moves towards future offshore drilling in Atlantic - Xinhua

An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, United States, October 5, 2013. (Xinhua/Reuters)WASHINGTON, Dec. 1 (Xinhua) -- The Trump administration has issued final authorizations that would allow companies to conduct geophysical surveys in the Atlantic Ocean, taking…

Yet Another Trillion-Dollar Unfunded Liability: WHY California Is Burning

The apocalyptic fires that hit California last month have left observers scratching their heads and wondering how destruction on that scale could be possible and how much it will cost in the future if the causes arent addressed immediately. This mornings Wall Street Journal concludes that 1) the problems arent being addressed…