In a recent editorial headed ‘The slow death of Big Oil has now begun’, the Financial Times described how BP’s chief executive, Bernard Looney, wants the company to cut production of oil and gas by 40% over the next decade.
The conversion of Hapag Lloyd’s 15,000 teu LNG-ready containership Sajir took a major step forward with the hoisting of the 1,300 tonne LNG fuel tank onboard the vessel.
Danish engineer Hans Jørn Madsen has bought niche Singapore lubricants supplier Pacific Petroleum.
A Jan De Nul trailing suction hopper dredger has sailed for 2,000 hours on 100% biofuel, achieving a 85% carbon dioxide (CO2) reduction with MAN engines.
Canada’s Cryopeak LNG Solutions Corporation and Japan’s Sumitomo Corporation have signed a memorandum of understanding to jointly develop a LNG bunker fuels supply chain in North America’s Pacific Northwest ports.
Mining company BHP is in talks with three companies over the supply of LNG as a marine fuel to five ships to transport iron ore between western Australia and China, Reuters reported.
The world’s largest LNG bunker tanker has been officially named Gas Agility at a ceremony held in last Friday in Rotterdam.
Japan’s first LNG bunker tanker was named at Kawasaki Heavy Industries (KHI) on Wednesday.