Woodside to Boost Vincent Crude Quality to Ride VLSFO Demand
Woodside Petroleum will improve the quality of Vincent crude by increasing its flash point from July so that it can be blended into very low sulphur fuel oil (VLSFO) and capture higher premiums, two sources told Reuters.Among crude grades…
China's Shandong Tanks Are Full, Tankers Await Discharge
Most crude tankers float for less than a week; half of fuel oil tankers are carrying bitumen mixture. More than 20 tankers carrying crude and fuel oil are anchored off the ports of China's eastern Shandong province…
FUGRO Wins BHP Pyrenees Contract
Fugro has been awarded a contract by BHP Billiton Petroleum Pty Ltd for the Pyrenees Phase 3 Installation Project. The Pyrenees development is located offshore Western Australia, in approximately 200 metres water depth…
French, Spanish Ministers Discuss New Cross-border Energy Links
French, Spanish and Portuguese energy ministers have discussed plans for new power and gas infrastructure across the French-Spanish border, the French energy ministry said on Tuesday. The ministers met with…
France, Spain to Ease Pyrenees Power Bottleneck
French and Spanish power grid operators have completed a long-awaited power line across the Pyrenees that will allow export of excess Spanish renewable energy and ease one of the worst network bottlenecks in Europe.
France, Spain to Ramp Up Power Interconnection
France and Spain have agreed to boost the capacity of electric power lines across their border, which is well behind European targets for interconnection. The two countries want to boost Spain's interconnection…
EU Climate Change Goal Pits Green Business Against Industry
Paves the way for U.N. A European Union goal to cut greenhouse gases by 40 percent by 2030, agreed early on Friday, sets the pace for a global deal to tackle climate change, pitting heavy industry against green business.
EU Leaders Seek Climate Deal, But Divided Over Costs
European leaders aim to agree a new decade of energy policy to cut climate-warming gas emissions to 2030 at an EU summit on Thursday, but sharp differences over sharing the costs mean that securing a deal is likely to prove difficult.
EU Nations Threaten to Block Green Energy Rules
EU leaders face a long day on Thursday as they seek to agree on a new decade of climate and energy policy at a summit in Brussels, with nations from Poland to Portugal threatening to block a deal. If the European Union can manage an accord…
EU Nations Threaten to Block Green Energy Rules at Summit Talks
EU leaders face hours of haggling as they seek to agree on a new decade of climate and energy policy at talks beginning on Thursday, with nations from Poland to Portugal threatening to block a deal. If the European Union can manage an accord…
Portugal Could Block EU Climate Deal
Portugal, Spain want 15 percent connection goal; spare Iberian energy stranded by lack of links. Could reduce EU dependency on Russian fuel. Portugal warned on Wednesday it could block an EU plan to cut greenhouse…
BHP Billiton & Pemex Agree to Exchange Deepwater Expertise
BHP Billiton and Petroleos Mexicanos (Pemex) today signed a memorandum of understanding and cooperation (MOU) to exchange technical knowledge, information, experiences and practices in activities related to the oil and gas industry.
