Work from Home: Energy Traders Swap Shouts for Babies, Barking Dogs
SINGAPORE, March 24 -- From banks of screens and giant phones in the office, energy traders worldwide are adapting to a laptop in the bedroom -- and it's going surprisingly well.Working from home has become the new norm in the oil trading hubs of Singapore, London and New York as governments encourage physical distancing to curb the spread of coronavirus.While some energy companies have long had facilities in place to allow off-site access to trading platforms and other technology, others are rapidly installing key equipment and communication systems for the bulk of their trading teams."Working from home…
Additional Tanker Supply Arranged in Russia Pipeline Crisis
Shareholders of two German refineries are arranging crude tanker shipments via the Baltic Sea in response to the halt of import flows on the Russian Druzhba pipeline, a spokesman for industry group MWV said on Thursday.He said that one tanker had been discharged in the Polish port of Gdansk to ship oil to the Leuna refinery while the German port of Rostock was preparing to receive a shipment to feed to the nearby Schwedt refinery.Both refineries had sufficient on-site inventories to keep operating for the time being, he said.He declined to give further details, saying it is policy in the Mineraloelwirtschaftsverband to leave further internal communications up to member firms.
L-3 SAM to Supply Electrical Package for DanTysk Wind Project
L-3 SAM Electronics announced today that together with its associated L-3 companies, it has been awarded a major contract for the supply and installation of the electrical system package on an accommodation platform being built in Kiel, Germany, by Nobiskrug of Rendsburg as part of the DanTysk offshore wind farm project jointly developed by Stadtwerke München (SWM) and Vattenfall. The accommodation platform for the new wind farm is designed to permanently support O&M personnel for DanTysk with fully equipped individual living quarters that will include general communal and leisure areas…
