Tuesday, November 5, 2024

Gibraltar News

Colombia's Ecopetrol claims that operations have been affected by roadblockades and pipeline attacks

Ecopetrol, Colombia's state oil company, said that its operations were affected by the attacks on Cano Limon - Covenas and Bicentenario and a nationwide strike of truckers which has caused transport to be snarled.

PDVSA Changes Oil Deals to Include Shipping as Sanctions Bite

Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country’s oil due to U.S.

LNG REPORT: LNG Bunkering Vessels Rise to Nine, 30 More to Come

The liquefied natural gas (LNG) bunkering infrastructure is expanding globally and there are increasing numbers of LNG-bunker vessels which are encouraging other operators to adopt LNG.According to SEA\LNG…

Mexican Wave Energy Project Moving Forward

© Kelly / Adobe Stock

Energy from the ocean breakers that pound Mexico’s Pacific Coast could soon be turned into electricity as an Israeli joint venture finalizes permits and financing for the country’s first wave energy plant.Wave…

Cheniere's U.S. LNG Outage Spurs European Reload Activity to Asia

Photo: Cheniere Energy

Cheniere Energy, dealing with an ongoing partial outage at its Sabine Pass liquefied natural gas (LNG) plant in Louisiana, is making use of its idle tankers to pick up LNG in Europe for sale in Asia where prices are surging…

Diesel VLCC Maran Aphrodite changes destination back to Europe

New-build VLCC Maran Aphrodite, which is carrying a, has changed its final destination for a second time since it began its journey early this month, according to Reuters ship-tracking data 200,000 tonne diesel cargo from Asia.

U.S.-bound LNG Tanker with Russian LNG Diverted

A liquefied natural gas (LNG) tanker probably carrying some supply from a Russian export project has been diverted from the United States, ship-tracking data shows. Engie's Gaselys LNG tanker was diverted…

Solstad CSV Serviced ahead of Australian Deployment

Normand Reach (Photo: Gibdock)

Gibraltar shipyard Gibdock said a surge in offshore vessel repair and maintenance work has included a special project for Norwegian offshore vessel owner and operator Solstad, to ensure that Normand Reach…

Bunker Industry Mulls Implications of IMO’s Global Cap

The International Bunker Industry Association (IBIA) annual convention is taking place this week (7-11 November) in Gibraltar. It brings many of IBIA’s members together to discuss one of the hottest topics…

Offshore Wind: Seajacks Scylla Ready to Roll

Seajacks Scylla, the largest and most advanced windfarm installation jack-up ever built. (Photo: Gibdock)

Gibdock was selected for the afloat mobilization of Seajacks Scylla, the largest and most advanced windfarm installation jack-up ever built. Following delivery to Seajacks by Samsung Heavy Industries at the end of 2015…

EIA: Floating Storage Up, Shipping Routes Altered from Distillate Oversupply

(Source: U.S. Energy Information Administration)

According to a weekly update from the U.S. Energy Information Administration (EIA), an oversupply of European distillates is raising the amount of product being held in floating storage, and also causing…

Gibraltar Court Awards Chevron $28 Mln in Damages

Chevron Corp won $28 million in damages after Gibraltar's highest court ruled against a company that was set up to receive and distribute funds resulting from a judgment against Chevron in Ecuador. Gibraltar…

Unwanted Diesel, Jet Ships Could Sink Oil Prices

Backlog of vessels at port threaten loading delays; ships with half a million tonnes taking the long route to Europe. Unwanted diesel and jet fuel cargoes are backing up outside Europe's ports and taking longer…

H5 Settles With Chevron Over Ecuadorian Lawsuit

Chevron Corporation has reached a settlement agreement with H5, a California-based e-discovery and litigation services firm. In the settlement, H5 has withdrawn its support from the litigation against…

Another Key Funder of Fraudulent lawsuit Against Chevron Withdraws Support

Chevron Corporation has reached a settlement agreement with Woodsford Litigation Funding Limited, a U.K.-based litigation funder that provided $2.5 million in funding to the fraudulent lawsuit against Chevron in Ecuador.

Chevron Reaches Settlements With DeLeon

Chevron Corporation has reached a settlement agreement with James Russell DeLeon, the principal funder of the fraudulent lawsuit against Chevron in Ecuador. Chevron brought claims against DeLeon in Gibraltar…

Tanker with Kurdish Crude Leaving U.S. After 6-month Dispute

After being stuck in legal limbo for six months, a tanker loaded with 1 million barrels of Kurdish crude headed east on Tuesday to leave U.S. waters after Baghdad and the Kurds reached a deal to share oil revenue.

10,000 km Kayak Journey Ends in Istanbul

www.marenostrum-project.com

Two French students arrived yesterday (9th October) in Istanbul, finishing a 14 month epic 10,000km journey by sea kayak, having set off from Gibraltar in July 2013. Sponsored by leading marine lubricant supplier Total Lubmarine…

Tanker Carrying Kurdish Crude Changes Course toward Cyprus

A tanker carrying 300,000 barrels of Kurdish crude oil has changed its destination to Limassol, Cyprus, as it returned from the United States without delivering its disputed cargo to a New Jersey refiner.

Intertek Expands, Opens Morocco Petroleum Lab

Leading quality solutions provider to industries worldwide, Intertek, says it has opened a new, state-of-the-art petroleum laboratory to provide expanded local services and capabilities to support growing refined fuel storage…