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Energy

Energy

US holds Alaska offshore oil and gas auction – one bidder

portnews -
The current US administration continued its stream of offshore auctions with the first offshore oil lease auction for the past five years in Alaska’s Cook Inlet...
Energy

High LNG Costs Force Fjord Lines to Rebuild Two LNG-Powered Ferries to Run on MGO

portnews -
Norwegian ferry operator Fjord Line says high LNG prices is forcing it to rebuild two LNG-powered ferries to run on traditional marine gas oil...
Energy

Neptune tasked with addressing nonconformity at North Sea oil & gas asset

portnews -
Norwegian offshore safety regulator has carried out an audit of Neptune Energy’s management of major accident risk and barriers at a gas and oil...
Energy

Increased Chinese crude buying spooks European oil traders

portnews -
European oil traders are concerned about China acquiring crude cargoes otherwise destined for Europe under normal circumstances.
Energy

Green Hydrogen Systems boosts electrolyser units deliveries

portnews -
Green Hydrogen Systems, a Denmark-based provider of modular electrolysers to produce green hydrogen based on renewable electricity, has delivered A-Series electrolyser units in December...
Energy

Norway to keep boosting Europe’s energy security with high gas exports in 2023

portnews -
As the global energy crisis continues unabated with Europe in the epicentre, Norway’s government expects to maintain higher output on the Norwegian continental shelf...
Companies

Poten: Unipec king of VLCC charters, Lukoil doesn’t make the cut

portnews -
Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures,...
China

In 2023, China’s appetite for LNG set to rise amid tepid demand across Asia

portnews -
China’s liquefied natural gas (LNG) demand is forecast to recover in 2023 as the country emerges from COVID-19 controls to become the bright spot...
Companies

Saudi Aramco’s Q4 earnings likely to decline due to weak oil prices: Al Rajhi Capital

portnews -
Energy giant Saudi Arabian Oil Co.’s net profit in the fourth quarter of 2022 is expected to drop to SR146 billion ($38 billion), down...
Energy

China allows four firms to resume Aussie coal imports – sources

portnews -
China’s state planner has allowed three central government-backed utilities and its top steelmaker to resume coal imports from Australia, the first such move since...
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