Shell Trading has finalized a long-term charter agreement with Q-LNG Transport, LLC for an LNG bunker barge with the capacity to carry 4,000 cubic meters of LNG. As the first of its kind to be based in the US, the ocean-going LNG bunker barge will supply LNG along the southern East Coast of the country.
The proposal, announced by Secretary of the Interior, Ryan Zinke, covers an area of 76,967,935 acres, which is about the size of New Mexico, and is scheduled for March 2018, including all available unleased areas on the Gulf’s Outer Continental Shelf.
Researchers at the Woods Hole Oceanographic Institution are working to power homes and vehicles with fuel made from seaweed grown at large-scale offshore farms. The project will be funded by the US Department of Energy’s Advanced Research Projects Agency-Energy.
The first US crude oil cargo of 1.6 million barrels from United States, bought by Indian Oil Corporation Limited, was received at Indian Paradip port, on 2 October. The crude oil was carried onboard the VLCC MT New Prosperity, which left US Gulf Coast on August 19.
French energy company Total announced that its subsidiary, Total E&P USA, has entered into an agreement to capture 7 prospects operated by Chevron in the deepwater Gulf of Mexico. The agreement covers 16 blocks.
Gazprom Neft Badra, operator of the Badra field, Iraq, has undertaken the largest ever maritime shipment of oil for export in the company’s history, with 1.78 million barrels of hydrocarbons being despatched for the United States in the New Solution crude oil tanker.
The US Department of Energy announced that it has approved a long-term application from Eagle LNG Partners Jacksonville II LLC to export liquefied natural gas in a quantity of 0.01 billion cubic feet per day.
The tanker market will register trade flow changes as a result of Tropical Storm Harvey striking the prime energy hub in the US, according to Drewry. However, Drewry expects no long-term material impact on the trade of crude oil and refined products, as the operations in Gulf of Mexico will resume in a week.
The U.S. Department of Energy (DOE) announced a proposed rule that will speed up the approval of small-scale exports of natural gas, including liquefied natural gas (LNG), from U.S. export facilities.
Aegean Marine Petroleum Network and Caribbean Bunkers, a subsidiary of Freepoint Commodities, announced the signing of an agreement to cooperate on bunkering sales, focused around the US Virgin Islands facility at Limetree Bay, St. Croix.
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