More Oil Tanker News
Arctic maritime emergency response capability should be improved, report says
Feb 6, 2009
Infrastructure for responding to Arctic maritime accidents could prove inadequate as sea ice declines, energy demand grows and vessel traffic increases, according to a new report.
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Pirates seize another tanker off Yemen
Jan 31, 2009
Pirates operating in the Gulf of Aden, shrugging off recent military and political developments aimed at curbing their activities, hijacked the MV Longchamp, a German tanker bound from Europe to the Far East with a cargo of liquefied petroleum gas.
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Non-OPEC output a non-issue for OPEC's future market dominance
Jan 27, 2009
Tanker freight rates continue to be driven by supply and demand fundamentals, reported McQuilling Services LLC.
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New Caspian oil production will bypass Russian transport
Jan 26, 2009
Most of the Caspian region’s new oil production will be transported to international markets via pipelines in Azerbaijan and Georgia, reducing Russia’s share of the regional oil transport market.
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Conversion, scrapping keep rates firm as demand erodes
Jan 19, 2009
Tanker market earnings for the half-year ended September 2008 firmed 43.7%, accelerating the strength seen in the previous 6 months.
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Tanker freight rates weaker in 2009, analyst says
Jan 16, 2009
Tanker freight rates continue to be driven by supply and demand fundamentals, reported McQuilling Services LLC.
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Somali pirates release Saudi tanker Sirius Star
Jan 13, 2009
Somali pirates released the Saudi Arabian-owned supertanker MV Sirius Star after receiving a $3 million ransom, according to officials and a negotiator for the bandits.
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ExxonMobil fined for 2006 Massachusetts spill
Jan 12, 2009
ExxonMobil Pipeline Co. agreed to pay more than $6 million in fines for a 2006 oil products spill near its Everett, Mass., terminal, the US Department of Justice said on Dec. 23, 2008.
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Gas exporting countries form charter, base in Doha
Jan 12, 2009
The Gas Exporters Countries Forum (GECF), a group of the world’s largest natural gas suppliers, has established a charter and chosen Doha as the home for its permanent secretariat, signaling Qatar’s growing importance in the natural gas market.
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Exxon Mobil to pay $6 million in fines for 2006 Massachusetts spill
Jan 9, 2009
Exxon Mobil Pipeline Co. agreed to pay more than $6 million in fines for a 2006 oil products spill near its Everett, Mass., terminal, the US Department of Justice said on Dec. 23.
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Ithaca installs Jacky facilities in UK North Sea
Jan 7, 2009
Ithaca Energy (UK) Ltd. has installed the wellhead platform and pipelines for its Jacky field in the Inner Moray Firth of the UK North Sea.
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Pemex drilling deep in Bay of Campeche
Jan 6, 2009
Pemex Exploration & Production is drilling its first deepwater well, Catamat-1, off Tuxpan, Veracruz state, using the Noble Max Smith semisubmersible.
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Watching The World: Japan and China
Jan 5, 2009
Should anyone be concerned about the continuing rivalry between Japan and China over pursuit of the world’s oil and gas? It may be well to remember some history.
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Exxon Mobil fined for 2006 Massachusetts spill
Jan 2, 2009
Exxon Mobil Pipeline Co. agreed to pay more than $6 million in fines for a 2006 oil products spill near its Everett, Mass., terminal, the US Department of Justice said on Dec. 23.
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EcoPetrol joins StatoilHydro in Gulf partnership
Dec 31, 2008
StatoilHydro and Ecopetrol America Inc. have agreed to carry out exploration jointly in the Gulf of Mexico and plan to drill three or more wells in the coming years.
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