More Oil Tanker News

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.

Dunlop settles US charges in alleged marine hose price conspiracy

Dec 12, 2008 A British marine hose manufacturer agreed to plead guilty and pay $4.54 million in criminal fines for its part in a price-fixing conspiracy involving marine hose used to transfer oil between tankers and storage facilities, the US Department of Justice announced on Dec. 1.

Report outlines issues with Iraqi energy security, systems

Dec 9, 2008 While Iraq's oil industry will continue to face problems with security in 2009, the country's crumbling infrastructure is more likely to disrupt its crude exports, according to a report by the London-based Exclusive Analysis.

PetroSA awards contract for South African refinery

Dec 8, 2008 PetroSA has let a feasibility and front-end engineering and design contract to KBR for its 400,000 b/d refinery in the Coega industrial development zone outside Port Elizabeth, South Africa.

FERC issues final EIS for LNG project near Baltimore

Dec 8, 2008 The US FERC identified additional adverse environmental impacts as it issued a final environmental impact statement on Dec. 5 for a proposed LNG project outside Baltimore.

Ghana’s latest discovery hints at growing potential

Dec 8, 2008 Tullow Oil PLC (“Tullow”) said its recent shallow-water Ebony discovery in the Gulf of Guinea off Ghana could be an indication of further prospectivity in deeper water.

China seeks oil security through fleet expansion

Dec 8, 2008 China’s push for energy security has prompted a program for building 70 additional very large crude carrier (VLCC) tankers.

OGJ Newsletter

Dec 8, 2008

CGES: Russia grappling with faulty oil export tax system

Dec 8, 2008 Russian producers and the government have been hit hard by a crude export tax system that has proven incapable of coping with the rapid drop in oil prices that started in early July.

North West Shelf JV approves oil redevelopment

Dec 3, 2008 The Woodside-led North West Shelf JV has approved a $1.8 billion (Aus.) redevelopment of Cossack, Wanaea, Lambert, and Hermes oil fields to support production beyond 2020.

Total makes oil find off Congo (Brazzaville)

Dec 2, 2008 Total SA tested 3,000 b/d of 18° gravity oil from its Moho Marine Nord-3 appraisal well, which was drilled 80 km off Congo (Brazzaville).

CGES: Russia reworking faulty export tax system

Dec 1, 2008 Russian producers and the government have been hit hard by a crude export tax system that has proven incapable of coping with the rapid drop in oil prices since early July.

OGJ Newsletter

Dec 1, 2008

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