News & Events

Aqualis Offshore has completed the jacket installation engineering of an 1800t steel jacket structure offshore Bahrain as part of the Bahrain LNG Import Terminal. Aqualis Offshore, part of Oslo-listed Aqualis…

Shell Canada Energy, PetroChina Kitimat LNG Partnership, Diamond LNG Canada Ltd. and Kogas Canada LNG Ltd. have announced that Petronas will take an equity position in LNG Canada, located in…

European private banks are heavily investing in Asian footholds. The steady expansion of European lenders into the region is set to jumpstart Asia’s private banking scene as they jostle against…

Saudi Arabia may raise again its official selling prices (OSPs) for oil bound for Asia in July, and the price of its flagship Arab Light crude could reach its highest…

Kinder Morgan has shut down the Trans Mountain oil pipeline after a flow meter at a pump station leaked about 100 liters of crude. The pump station is in Darfield, British Columbia…

  KUALA LUMPUR (May 30) – REUTERS: Malaysia’s prime minister said on Wednesday his government planned to develop some offshore rocks which were the subject of a territorial dispute with…

NEW YORK, May 25 (Reuters) – The U.S. oil export infrastructure is straining to keep up as the country’s crude oil exports hit new highs and China snaps up more…

US-China trade row, N. Korea situation cast pall over investors Ever-pessimistic pundits may be feeling vindicated after global risk went on a roller-coaster ride. The tensions could well carry over…

SINGAPORE (Reuters) – Oil prices fell on Monday, extending a steep decline in the previous session, as the market eyed an increase in output from the world’s three top crude…

SINGAPORE – Singapore has carved out a wide lead over other nations as the preferred location of a future Asian liquefied natural gas (LNG) trading hub. In a Deloitte survey…