videos

Watch: World’s first VLGC runs on LPG

As the video shows, BW LPG successfully started sea and gas trials for Very Large Gas Carrier (VLGC) BW Gemini which has been retrofitted with pioneering LPG dual-fuel propulsion technology.

Issues surrounding energy transition are more important than ever, says BP

The Energy Outlook 2020 was recently published, exploring the paths of energy transition and the industry’s rapid steps towards renewable energy. The videos below give a taste of what the report is all about, with BP Chief economist, Spencer Dale, commenting that “the issues surrounding the energy transition are hugely interesting and have never been more important.”

BP Energy Outlook 2020: Energy consumption shifts away from fossil fuels by 2050

In the main scenarios of this year’s BP Energy Outlook, global energy demand continues to grow for at least part of ‎the period to 2050. However, over this time, the structure of energy demand fundamentally ‎shifts, with a declining role for fossil fuels offset by an increasing share for renewable energy ‎and a growing role for electricity. ‎Decisive policy measures, such as significant increases in carbon prices, are needed to ‎deliver a lasting reduction in emissions from energy use.‎

Increased oil tankers presence off California

The US Coast Guard informed about an increased presence of oil tanker vessels near the ports of Los Angeles and Long Beach. Namely, there were 27 tanker vessels off the coast of Southern California on April 22.

Watch: Stena Bulk tests biofuel on MR tanker

During the coming weeks Stena Bulk will perform a test running on an MR tanker on 100% biofuel. The fuel is the MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam.

SBM Offshore secures $1.14 billion loan for Liza Unity FPSO

Dutch group SBM Offshore announced it has completed the project financing of FPSO Liza Unity by a consortium of nine international banks, for a total of US$1.14 billion. The company expects to draw the loan in full, phased over the construction period of the FPSO.

maritime events