By Ajsa Habibic Finnish oil refining and marketing company Neste has launched a strategic study on transitioning […] The post Neste looks into renewable and circular solutions and green hydrogen for Porvoo refinery appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Nermina Kulovic BP joined its peers in posting record quarterly profits on the back of higher oil and gas prices and strong refining margins. The post BP joins its peers in posting massive profits appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Nermina Kulovic Shell achieved record profits in the second quarter of the year on the back of higher oil and gas prices and refining margins. The post Huge profits for Shell due to high oil and gas prices appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News
By Naida Hakirevic Prevljak Together with its Danish partner Nordic Marine Oil, Finnish oil refining and marketing company Neste is piloting a new Neste Marine 0.1 co-processed marine fuel in Scandinavia – a solution helping the maritime sector to reduce greenhouse gas (GHG) emissions. The post Neste unveils new co-processed marine fuel to help maritime…
By Bojan Lepic Oil major BP has tripled its quarterly profit due to exceptional gas marketing, significantly higher oil prices, and higher refining margins. The post BP triples first-quarter profit to $2.6 billion… … Read Full Article Here For more great articles: Offshore Energy Today
By Bojan Lepic The U.S. energy industry is preparing to be hit by Hurricane Laura which could cut crude production at a rate approaching the level of 2005’s Hurricane Katrina and stop oil refining at plants along… … Read Full Article Here For more great articles: Offshore Energy Today
By Adnan Bajic The Hague-based giant Shell issued an update on its second-quarter outlook, flagging impairments in the range of $15 to $22 billion. Courtesy of Shell Shell’s Integrated Gas business expects $8 – $9 billion impairment charges in the quarter, primarily in Australia including a partial impairment of the QGC and Prelude asset values….
By Nermina Kulovic Oil major Shell has decided to slash its dividend after seeing its quarterly profit nearly halved when compared to the last year’s quarter amid a dramatic decline in oil price. Shell CEO Ben van Beurden; Source: Shell Shell said on Thursday that its CCS earnings attributable to shareholders excluding identified items were…
By Offshore Energy Today Australian oil and gas Woodside has signed a long-term agreement for gas supply to a mining and refining complex in Western Australia’s southwest. … Read Full Article Here For more great articles: Offshore Energy Today
By LNG World News Gasum’s liquefied natural gas (LNG) bunker vessel, Coralius, made its first bunkering in the port and refining area of Rotterdam, supplying LNG to Bit Viking. The vessel that mainly operates in the North Sea and the Skagerrak area completed its 100th bunkering operation during the end of February. Speaking of the…