More Oil Tanker News

IEA: Floating oil storage capacity on the rise

Dec 16, 2008 Abundant oil supplies in a decreasing market and dropping tanker freight rates have combined to form an increase in floating storage, said International Energy Agency in its monthly oil market report.

Dominican Republic buys Shell's refinery share

Dec 16, 2008 The Dominican Republic has become the sole owner of the 31,000 b/d Refidomsa refinery at Haina after Shell Petroleum NV completed transferring its 50% stake.

Petromin buys into Papua New Guinea fields

Dec 16, 2008 Papua New Guinea's state company Petromin has bought a 20.5% direct interest in onshore Elk-Antelope gas field discovered by InterOil in the country's Gulf province.

Cuba, Venezuela sign new accords on oil, gas

Dec 15, 2008 Venezuelan President Hugo Chavez and his Cuban counterpart, Raul Castro, have signed agreements to expand the capacity of two refineries in Cuba and to construct a third one.

Tui field partners consider FPSO expansion

Dec 15, 2008 Partners in the development of Tui oil field off New Zealand, led by Sydney-based Australian Worldwide Exploration, are considering an expansion of the fluid handling capacity of the Umuroa FPSO to 180,000 b/d.

Alaska, Flint Hills ponder North Pole refinery's fate

Dec 15, 2008 Alaska's state government and Flint Hill Resources will begin a joint effort to position the company's refinery at North Pole for long-term success, Gov. Sarah H. Palin announced on Dec. 10.

FERC issues final EIS for LNG project near Baltimore

Dec 15, 2008 The US Federal Energy Regulatory The US Federal Energy Regulatory Commission identified additional adverse environmental impacts as it issued a final environmental impact statement (EIS) on Dec. 5 for a proposed LNG project outside Baltimore.

Aboveground constraints may limit Mexico’s oil production

Dec 15, 2008 The irreversible decline of Mexico’s Cantarell field has been the subject of steady discussion in the industry.


Dec 15, 2008

EA report outlines issues with Iraqi energy security, fragile systems

Dec 15, 2008 While Iraq’s oil industry will continue to face problems with security in 2009, the country’s crumbling production and pipeline systems are more likely to disrupt crude exports, according to a report by London-based Exclusive Analysis (EA).

Watching the World: White Nile raises the white flag

Dec 15, 2008 Oil-gas explorer White Nile Ltd. recently raised the white flag in Sudan, saying it plans a change of mission and will now invest in African agriculture.

OGJ Newsletter

Dec 15, 2008

Soku plant attacked; NLNG declares force majeure

Dec 12, 2008 Nigeria LNG (NLNG) has declared force majeure on its LNG exports following attacks on the Shell Petroleum Development Co.-operated Soku gas feed plant in Rivers State.

Thailand to have LNG terminal operational in 2011

Dec 12, 2008 Thailand is on track to complete its 5 million tonne/year LNG terminal at Rayong by 2011, according to a senior official from state-owned oil firm PTT Public Co. Ltd.

India's LNG market softening due to supply shortages

Dec 12, 2008 India's Petronet LNG has advised the government not to rely on LNG to meet India's energy requirements in the short and medium term because of supply uncertainties.

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