China Stockpiling Provides Temporary Price Floor
In an oil market update sent to Rigzone by the Rystad Energy team on Tuesday, Lin Ye, Rystad Energy Vice President, Oil Markets – Downstream, highlighted that “China’s stockpiling has…
Dry ice tech to clear leaves on railway lines in UK trial
New technology which clears fallen leaves from train tracks using dry ice will be trialled this autumn in the UK’s North East as part of an effort to reduce delays…
Tech roll-out not feedstock is SAF bottleneck, says IATA
The slow pace of technology roll-out is the main bottleneck to sustainable aviation fuels (SAF) and not feedstock availability, according to a new report from industry body the International Air…
NYK completes first ship-to-ship transfer of liquefied ammonia
Shipping line NYK has completed a ship-to-ship transfer involving 23,000 million tonnes of liquefied ammonia. The transfer, off the coast of Ceuta in Spain, involved the ammonia carrier Berlian Ekuator,…
Europe’s first offshore CO2 carrier receives final outfitting
Project Greensand’s Carbon Destroyer 1 vessel is receiving its final outfitting ahead of entering service on the Danish North Sea. The distinctive-looking narrow ship, which can hold up to 5,000…
Video | “Gas and LNG demand is coming down while other alternatives are being implemented”
Ana Maria Jaller-Makarewicz, Lead Energy Analyst of Europe at the Institute for Energy Economics and Financial Analysis (IEEFA) discusses the current role and usage of LNG across Europe and the…
Sempra Energy Sells $10 Billion Infrastructure Stake to KKR
Sempra Energy has struck a deal to sell a 45% stake in its infrastructure business, Sempra Infrastructure Partners, to companies affiliated with KKR and the Canada Pension Plan Investment Board.…
Trump Attacks Clean Energy in Mammoth UN Speech
In his sprawling address to the United Nations General Assembly on Tuesday, President Donald Trump attacked both climate change initiatives and clean energy. He called into question the scientific consensus…
Petition in Brazil Flags Saipem7 Merger
Oil producers Exxon Mobil Corp., Petrobras and contractor TechnipFMC Plc have petitioned Brazil’s antitrust watchdog to oppose a merger between Italy’s Saipem SpA and Norway’s Subsea 7, according to documents…
Crude, Gasoline Inventories Continue to Fall
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 3.821 million barrels in the week ending September 19. This week’s draw follows last…
