Hellenic Shipping News Worldwide, General Energy News

Gazprom Still Undecided on Shtokman Arctic Field

Thu, 20 Jun 2013 00:00:00 GMT

Russian energy giant Gazprom avoided making a final investment decision on the giant Shtokman field in the

CNPC starts construction of China's first shale gas pipeline

Thu, 20 Jun 2013 00:00:00 GMT

State-owned China National Petroleum Corp said Wednesday it has started building the country's first dedicated

Platts: Asia Spot LNG Prices for July Delivery Fell 0.6% on Scarce Demand

Wed, 19 Jun 2013 10:00:09 GMT

Prices of liquefied natural gas (LNG) for July delivery to Asia fell 0.6% to $14.485 per million British thermal units

US refiners seen to contend with volatile crude, changing export patterns

Wed, 19 Jun 2013 10:00:08 GMT

US refiners will have to contend with volatile crude differentials and changing exports markets going forward as part

Natural Gas Futures Rise for Second Day on Warm-Weather Outlook

Wed, 19 Jun 2013 00:00:00 GMT

Natural gas futures rose for a second day in New York as forecasts called for above-normal temperatures in

Lavan Oil Refinery Boosts Gasoline Production

Wed, 19 Jun 2013 00:00:00 GMT

Lavan oil refinery's gasoline output has reached 2.8 million liters per day after the launch of operation of the

Gazprom and Republika Srpska sign Roadmap on South Stream project

Tue, 18 Jun 2013 00:00:00 GMT

Yesterday in Banja Luka (Republika Srpska, Bosnia and Herzegovina) Alexander Medvedev, Deputy Chairman of

Turkish Unrest Not Likely to Threaten Natural Gas Trade with Azerbaijan

Tue, 18 Jun 2013 00:00:00 GMT

Anti-government protests that sprang up last week in Turkey are unlikely to threaten growing energy producer

July LNG JKM gains $0.125/MMBtu on week as buyers re-enter market

Tue, 18 Jun 2013 00:00:00 GMT

The Platts July Japan Korea Marker was assessed at $14.675/MMBtu Friday, gaining $0.125 from the previous

U.S. Natural Gas Rebounds After 2.5 Percent Decline Last Week

Tue, 18 Jun 2013 00:00:00 GMT

Natural gas rebounded in New York. Futures declined last week on forecasts of moderating weather that would

Shale gas policy on way

Tue, 18 Jun 2013 00:00:00 GMT

The government plans to come out with a shale gas policy early next month.“The shale gas policy will be

India could become the most expensive Natural Gas market in the world

Mon, 17 Jun 2013 10:00:05 GMT

When Henry Hub natural gas prices hover around $2 to $4 per Mmbtu (million British Thermal Units), Japan pays $15.25/Mmbtu

Uncertainty remains the star in search for shale gas supremacy

Mon, 17 Jun 2013 10:00:04 GMT

Shale debate is moving into the next logical phase – from technically recoverable to economically recoverable shale resources. Geologists

SOCAR starts negotiations on privatization of DESFA with Greek government

Mon, 17 Jun 2013 10:00:03 GMT

SOCAR and Greek government have started the negotiations on privatization of Greek gas company DESFA, said President of

Indian refiners come out in the black on subsidy payouts but pricing risks remain

Mon, 17 Jun 2013 10:00:02 GMT

A full compensation for under-recoveries by the finance ministry helped Indian state-owned oil refiners come out in the

Amid U.S. Oil Boom, Railroads Are Beating Pipelines in Crude Transport

Mon, 17 Jun 2013 00:00:00 GMT

Last October, Kinder Morgan Energy Partners, the biggest U.S. pipeline operator, announced plans to build a

Abu Dhabi set to rival Qatar as top LPG producer, exporter: ADNOC exec

Sat, 15 Jun 2013 00:00:05 GMT

Abu Dhabi's LPG output is expected to jump to 13.761 million mt by 2017, up 3.6 million mt from this year as two new gas

Qatar firm invests in Australia's LNG industry

Sat, 15 Jun 2013 00:00:00 GMT

A company owned by Qatar's former finance minister has made a "major investment" into Australia's liquefied

Physical gasoil cracks at 10-week high on stronger gasoil market

Sat, 15 Jun 2013 00:00:00 GMT

Physical gasoil cracks -- the difference between physical gasoil and dated Brent -- are at a 10-week high, as

Oil Hunted in Mozambique After World’s Largest Gas Discoveries

Sat, 15 Jun 2013 00:00:00 GMT

Statoil ASA (STL) and Tullow Oil Plc (TLW) are finishing a well aimed at achieving the first commercial oil

Tokyo Gas' May gas sales rise 7% on year on 18% surge in industrial demand

Sat, 15 Jun 2013 00:00:00 GMT

Japan's largest city gas utility, Tokyo Gas, sold 1.111 billion cubic meters of gas in May, up 7% year on year but

Japan Uncertainty Hindering Mozambique LNG Deals, Anadarko Says

Fri, 14 Jun 2013 10:00:07 GMT

Uncertainty over government policy is keeping Japanese buyers from signing contracts for fuel from the world’s second-

Russia’s LNG Rush Gives Japan Strongest Bargaining Chip

Fri, 14 Jun 2013 00:00:00 GMT

Japan, the world’s top importer of liquefied natural gas, has its best opportunity to bargain for lower prices

Gas consumption in July-March 2012-13 registers negative growth

Fri, 14 Jun 2013 00:00:00 GMT

The overall gas consumption during July-March 2012-13 has registered a negative growth, said Economic Survey

Repsol Has Explored Sale of Part or All of Gas Natural Stake -Sources

Fri, 14 Jun 2013 00:00:00 GMT

Repsol SA has recently explored a sale of part or all of its 30% stake in Spanish gas and electricity company Gas

Yemen's oil export pipeline bombed

Fri, 14 Jun 2013 00:00:00 GMT

Armed tribesmen on Thursday exploded Yemen's main oil export pipeline in northeastern province of Marib, a

Northeast Asia LNG Gains on Stronger Summer Demand, WGI Says

Thu, 13 Jun 2013 10:00:10 GMT

Liquefied natural gas prices for delivery to Northeast Asia gained this week on forecasts for stronger summer demand amid South Korea’s

Physical gasoil markets in Northwest Europe edge into weak contango

Thu, 13 Jun 2013 10:00:09 GMT

Physical gasoil barges loading 3-15 days forward and cargoes loading 10-25 days forward in Northwest Europe have shifted back into a

AOGC 2013: Storengy says underground gas storage to become reality in Asia

Thu, 13 Jun 2013 10:00:08 GMT

Non-OECD Asia, especially China and India, will slowly but surely join the club of countries with underground gas storage

Natural Gas Production in 2013 to Increase as Prices Rise

Thu, 13 Jun 2013 10:00:07 GMT

Marketed natural-gas production in the U.S. this year will top 70 billion cubic feet a day for the first time amid gains from onshore reserves

Demise of U.S. Gasoline Driving Season Is Premature, IEA Says

Thu, 13 Jun 2013 00:00:00 GMT

The traditional peak for gasoline use in the U.S. from late May to early September remains significant and

Shale gas will have limited impact on global markets over the next 3 years: Deloitte

Wed, 12 Jun 2013 10:00:07 GMT

Shale gas will continue to remain a largely regional resource and will have limited impact on global markets over

LNG Boom No Comfort as Petronas Sees Cheap U.S. Gas Fallacy

Wed, 12 Jun 2013 10:00:06 GMT

The shale boom that’s putting the U.S. on course for energy independence is providing little comfort for liquefied-natural gas

EU Didn't Influence Greek Depa Sale Process

Wed, 12 Jun 2013 00:00:00 GMT

The European Commission didn't play a role in the process that saw Russian giant OAO Gazprom withdraw its bid

Greece's natural gas privatisation failure leaves programme in tatters

Wed, 12 Jun 2013 00:00:00 GMT

Greece's already troubled privatisation programme lies in tatters after the failure to sell the natural gas

Natural Gas Slump Deepens as Mild Weather Holds

Wed, 12 Jun 2013 00:00:00 GMT

Natural gas futures dropped to fresh three-month lows Tuesday as mild weather outlooks add to concerns

INTERVIEW: Idemitsu to expand Singapore oil trading, eyes first LNG

Wed, 12 Jun 2013 00:00:00 GMT

The next president of Japan's Idemitsu Kosan aims to make the company a bigger player in Asia-Pacific oil

Greece Gets No Bids for Depa Gas Company, Azeri Socar Sole Bid for Desfa

Tue, 11 Jun 2013 00:00:00 GMT

Greece's government received no bids for the sale of natural gas company Depa and only a single bid for the

European fuel oil crack falls on crude rise, ample supply: traders

Tue, 11 Jun 2013 00:00:00 GMT

The high sulfur fuel oil barge crack -- the discount of FOB Rotterdam 3.5% sulfur fuel oil barges to Dated Brent

AOGC 2013: Petronas CEO calls fuel subsidies a 'poisoned chalice'

Tue, 11 Jun 2013 00:00:00 GMT

Shamsul Azhar Abbas, CEO of Malaysia's national oil company Petronas, Monday referred to subsidies as a

Reliance's refining ambition is fed on coke

Tue, 11 Jun 2013 00:00:00 GMT

Gasification project seen boosting gross refining margins 40%, and thereby its earnings.

Australian LNG wants to speed up, but slower may be better

Mon, 10 Jun 2013 10:00:10 GMT

It seems that virtually everybody involved in Australia’s liquefied natural gas boom is convinced that it’s coming to a sticky end and

European refiners look to increase production on higher margins

Mon, 10 Jun 2013 10:00:09 GMT

Europe's refiners are likely to raise production in July because gains in product premiums have recently outpaced crude prices,

Petronet aims to double LNG capacity at Dahej

Mon, 10 Jun 2013 00:00:00 GMT

India’s biggest natural gas importer Petronet LNG Ltd may be three years away from reaching its previously

Floating LNG Upsets Oil and Gas Outlook in Australia, Southeast Asia

Mon, 10 Jun 2013 00:00:00 GMT

A push towards massive offshore refining pontoons for processing crude and liquefied natural gas (LNG) is

Med high sulfur fuel oil (HSFO) market tightens on less supply, increasing demand

Sat, 8 Jun 2013 00:00:05 GMT

The Mediterranean high sulfur fuel oil market has moved to a price premium over Northwest Europe on supply tightness and increasing demand.

U.K. Minister Says Spurring Shale Gas Exploration Is Responsible

Sat, 8 Jun 2013 00:00:00 GMT

U.K. plans to support exploration for shale gas are responsible because of the potential boost to fuel reserves,

SOCAR increases refinery’s capacity against background of speculative demand for petrol

Sat, 8 Jun 2013 00:00:00 GMT

Over the last 10 years the consumption of petrol in Azerbaijan tripled up to 1.38 million tons for 2012.At Caspian

Cyprus Energy Minister unveils road map for natural gas exploitation

Sat, 8 Jun 2013 00:00:00 GMT

Energy Minister Giorgos Lakkotrypis unveiled a road map for the exploitation of Cyprus’ natural gas reserves.

Leviathan gas field may cost at least $4.5B

Sat, 8 Jun 2013 00:00:00 GMT

The US-Israeli consortium developing Israel's Leviathan natural gas field estimates it will cost $4.5 billion to