More Oil Tanker News

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.

Gas exporting countries form charter, choose Doha as base

Dec 30, 2008 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.

USGS: Planned LNG line off California in quake zone

Dec 29, 2008 Pipelines from a proposed deepwater LNG terminal off Southern California face a 16-48% probability of a damaging earthquake within 30 miles of their route, the US Geological Survey reported Dec. 23.

Pakistan utility damages refinery pipeline

Dec 23, 2008 Pakistan Sui Southern Gas Co. suspended six senior executives for negligence, and the utility accepted responsibility for damage to a Pak-Aab Refinery Ltd. (Parco) oil pipeline.

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Dec 22, 2008

Irving Oil lets New Brunswick refinery contract

Dec 19, 2008 Irving Oil Ltd. has selected Fluor Canada, a subsidiary of Fluor Corp., to perform front-end engineering design for a proposed $7 billion, 300,000-bpd refinery to be constructed in St. John, New Brunswick, 65 miles from the US border.

Economy, season, other factors reduce rig count

Dec 19, 2008 US drilling fell for the fifth consecutive week, down by 26 rotary rigs to 1,764 still working, compared with a rig count of 1,809 in the same period last year, said Baker Hughes Inc.

New wave of LNG planned; spot prices to recede

Dec 19, 2008 Global LNG production will ramp up in 2009, driving international spot prices lower, according to Waterborne Energy, Houston, which tracks and analyzes world LNG markets.

Palomar files application for Oregon pipeline

Dec 19, 2008 Palomar Gas Transmission LLC, a joint venture of TransCanada Corp. and Northwest Natural Gas Co., filed an application with the US Federal Energy Regulatory Commission for a certificate to build and operate a 217-mile, 36-in. natural gas interstate transmission pipeline in Oregon.

FERC issues final EIS for proposed LNG project near Baltimore

Dec 19, 2008 The Federal Energy Regulatory Commission's staff identified additional adverse environmental impacts as it issued a final environmental impact statement on Dec. 5 for a proposed liquefied natural gas project outside Baltimore.

LNG firms struggle with investments in volatile market

Dec 18, 2008 Gas companies are uncertain whether to make LNG investments as gas demand falls due to high prices and the economic downturn, speakers said at the CWC LNG summit in Barcelona.

PNG LNG nears final project decisions

Dec 18, 2008 The Papua New Guinea LNG (PNG LNG) partners will make a final investment decision by yearend 2009 about proceeding with the ambitious LNG project on the Gulf of Papua near Port Moresby. Five trains might eventually be possible.

Tullow lets FEED to Dietswell for offshore module

Dec 18, 2008 Tullow Oil Uganda has awarded a front-end engineering and design (FEED) contract to independent drilling service company Dietswell, Paris, to design an offshore module to operate in 45 m of water on Lake Albert. The concept selected is a Mobile offshore drilling unit comprising a barge and drilling rig.

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