Category Archives: InboundRSS

China’s first all-electric zero-emissions cargo ship is going to be used to transport coal

A man sits at the wharf of the Port of Kaohsiung in southern Taiwan May 12, 2009. Three major Chinese shipping companies plan to invest in the biggest Taiwanese port in Kaohsiung, a top port official said on Tuesday, as China and Taiwan forge closer trade ties. REUTERS/Pichi Chuang (TAIWAN BUSINESS) - GM1E55C1HIO01

China, already the world’s biggest electric-vehicle market, is now using battery power to fuel cargo shipping as well.

A Chinese company has built a 2,000 metric-ton (2,204 tons) all-electric cargo ship, which was launched from the southern Chinese city of Guangzhou in mid-November, according to state-run newspaper People’s Daily.

The 70-meter long (229 feet) and 14-meter wide (45 feet) ...

Ikkuma Resources Corp. Announces Third Quarter 2017 Financial Results and Update on Foothills Acquisition

CALGARY, Nov. 23, 2017 /CNW/ – Ikkuma Resources Corp. (“Ikkuma” or the “Corporation”) (TSXV: IKM) is pleased to report its financial and operating results for the three and nine months ended September 30, 2017.  Selected financial and operational information is set out below and should be read in conjunction with Ikkuma’s interim condensed financial statements and [Read More…]

Source: BOE Report

Lyon Prospect Could Create New West of Shetland Gas Hub (Thursday, 23 November 2017)

Chemicals and oil products group Ineos' subsidiary Ineos UK SNS has agreed to acquire a majority stake in two West of Shetland exploration licenses from Siccar Point Energy.

The area, called the Northern Gas Fields, contains the estimated 1-3 Tcf recoverable Lyon prospect, which could be big enough to form a new gas hub in what Ineos says is the ...

The gas pipeline connecting the booster compressor stations Nos. 1 and 2 of Gazprom Dobycha Orenburg is undergoing tests for new automatic devices…

The gas pipeline connecting the booster compressor stations Nos. 1 and 2 of Gazprom Dobycha Orenburg is undergoing tests for new automatic devices that shut off valves in case of emergency situations. The devices are expected to increase the industrial and environmental safety of natural gas transmission, as they control pipeline pressure and promptly respond to any deviations from the ...

Matra Petroleum AB: Third quarter and nine months ended 30 September 2017

 Third quarter ended 30 September 2017 (Third quarter ended 30 September 2016) Revenue of TUSD 2,201 (TUSD 1,744), up 26% Cash Flow from Operations before changes in working capital of TUSD 201 (TUSD -417) EBITDA improved to TUSD 256 (TUSD -321) Result for the period of TUSD -1,795 (TUSD -2,177) Earnings per share amounted to [Read More…]

Source: BOE Report

Air Compressor Market – Asia Pacific region to hit $5bn by 2024

SELLBYVILLE, Del., Nov. 22, 2017 /PRNewswire-iReach/ — Air Compressor Market share will likely surpass USD 40 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing industrial activities will propel the air compressors market owing to their extensive use in various end-user industries which include manufacturing, oil & gas, electronics, food [Read More…]

Source: BOE Report

Mullen Group Ltd. Announces Declaration of Monthly Dividend

OKOTOKS, Alberta, Nov. 22, 2017 (GLOBE NEWSWIRE) — The Board of Directors of Mullen Group Ltd. (TSX:MTL) (“Mullen Group” and/or the “Corporation”) announced today that it has declared a monthly dividend of $0.03 per Common Share payable to the holders of record of Common Shares at the close of business on November 30, 2017.  The [Read More…]

Source: BOE Report

RMP Energy Announces Name Change to Iron Bridge Resources Inc.

CALGARY, Alberta, Nov. 22, 2017 (GLOBE NEWSWIRE) — RMP Energy Inc. (the “Company“) is pleased to announce that it has changed its name to Iron Bridge Resources Inc., effective immediately. In connection with the name change, the Company’s common shares are expected to start trading on the Toronto Stock Exchange under a new stock symbol: [Read More…]

Source: BOE Report

Suncor Energy announces further debt reduction

CALGARY, ALBERTA–(Marketwired – Nov. 22, 2017) – As announced earlier today, Suncor successfully closed the sale of a 49% equity interest in the East Tank Farm Development project for aggregate proceeds of $503 million. Suncor is directing the proceeds from this sale, together with the proceeds from the issuance earlier this month of US$750 million [Read More…]

Source: Headlines – BOE Report

UK Offers North Sea Oil Producers Tax Relief To Boost Investment

The UK government will introduce tax changes from November 2018 to encourage new entrants and fresh investments into the mature fields of the UK Continental Shelf in the North Sea, according to the Treasury’s Autumn Budget 2017 unveiled on Wednesday. Under the proposed Autumn Budget, the UK will introduce a transferable tax history mechanism for UK oil producers for deals ...

Source: Oilprice.com

$1.8-billion Tenaris Mill in Bay City Targets Permian Operators (Wednesday, 22 November 2017)

Tenaris recently has opened a new $1.8-billion pipe manufacturing mill in Bay City, Texas, and with the new mill, it is targeting service for U.S. shale operators—in particular, those operating in the Permian basin—according to a local Houston newspaper.

The Houston Chronicle’s Fuel Fix publication has reported that the 1.2-MMft2 mill is now fully operational, and that ...

Connacher Announces Q3 2017 Results

CALGARY, Nov. 22, 2017 /CNW/ – Connacher Oil and Gas Limited (“Connacher” or the “Company”) announces its financial and operating results for the three and nine months ended September 30, 2017 (“Q3 2017”) (all amounts are in Canadian dollars unless otherwise noted). Through improved pricing, major cost structure reductions, and high operational reliability, the Company continued [Read More…]

Source: BOE Report

Trump Eyes Arctic Wildlife Refuge for Oil Drilling, Alarming Gwich’in

ANWR oil and gas caribou trump

In the remote north-eastern corner of Alaska, just under 20-million acres have been set aside as a federal protected area since 1960. The Arctic National Wildlife Refuge has recently come under threat, however, with President Donald Trump’s Department of the Interior proposing lifting restrictions on seismic exploration.

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Source: DeSmogBlog

The Energy Goliaths Driving Global Demand

When measuring future global energy growth, two countries rise above the rest in size and importance: China and India. The two countries, world leaders in population size, will be crucial drivers in world economic growth and the consumption of energy. But measuring future trends with any accuracy has been a difficult prospect for organizations like the U.S. Energy Information ...

Source: Oilprice.com

Video – 97%!o(MISSING)f climate scientists say climate change is real and humans are causing it, but what about the other 3%!?(MISSING) Our latest episode of #ClimateFacts delves into their research.#YEARSproject



97%!o(MISSING)f climate scientists say climate change is real and humans are causing it, but what about the other 3%!?(MISSING) Our latest episode of #ClimateFacts delves into their research.#YEARSproject

Source: FB-RSS feed for DeSmogBlog

Why Meeting the Paris Climate Goals Is an Existential Threat to Fossil Fuel Industries

Cars and trucks on the highway

By Henry Kelly, University of Michigan

Attacks on climate policies are not really about the science. They’re about the future of fossil fuels.

Any program with a reasonable chance of meeting the goals embraced by the 2016 Paris accords (holding global temperature increases below 1.5 to 2 degrees Celsius compared to preindustrial levels) is likely to mean drastic changes in ...

Source: DeSmogBlog

U.S. Oil Rig Count Rises Amid Record Breaking Production

The number of oil and gas rigs in the United States rose again this week. The boost in the number of active oil rigs this week brings the total gained in November to 10—the first monthly gain since July.Oil and gas rigs combined were up by 14 in November—also the biggest increase seen since July, in a sign that ...

Source: Oilprice.com

First shipment of LNG from Canada to China launches from B.C.

Shipment opens door to B.C. becoming competitive exporter in the global marketplace SURREY, BC, Nov. 22, 2017 /CNW/ – Canada’s liquefied natural gas (LNG) export industry recently reached a milestone with the departure of its first shipment to China in a pilot project to determine long-term feasibility. LNG was supplied by FortisBC’s Tilbury facility in [Read More…]

Source: BOE Report

USA – Stamford, Connecticut: Principal Consultant Chartering MMP AM (10047), Marketing & Supply

Daily chartering tasks and negotiation of spot charter contracts including out-chartering of T/C tonnage

Monitor the tanker market for freight rates and tonnage availability (Afra/Suez/VLCC)

Negotiation of time charter contracts

Perform designated project tasks

Contribute to strategic and market related discussions

Contribute to the relevant business unit’s P&L

Good understanding of the shipping derivatives market

Source: Statoil - Vacant positions

The post USA – Stamford, Connecticut: Principal Consultant Chartering MMP AM (10047), Marketing & Supply appeared first on Wild Well Entertainment's Employment Portal.

See more job listings like the above at http://employ.wildwellent.com

Total Petroleum Stocks Unchanged From Week Prior

US crude oil stocks decreased by 1.9 MMBbl last week. Gasoline stocks remain unchanged, while distillate inventories increased by 0.3 MMBbl. Yesterday afternoon, API had reported a crude oil withdrawal of 6.4 MMBbl, alongside a gasoline build of 0.9 MMBbl and distillate withdrawal of 1.7 MMBbl. Analysts, were expecting a more modest crude withdrawal of ...

TransCanada ‘cautiously optimistic’ after Nebraska decision – Alberta premier

TransCanada Corp is “cautiously optimistic” about prospects for construction of its Keystone XL pipeline even after the state of Nebraska denied the company’s preferred route, the leader of the oil-producing province of Alberta said on Wednesday. The comments by Premier Rachel Notley, whose government spoke with TransCanada representatives after the decision, were the first indication [Read More…]

Source: BOE Report