U.S. oil futures slipped below $81/bbl on Tuesday after weak economic data out of China prompted surprise interest rate cuts by the People's Bank of China. China's industrial production rose 3.7% in July compared to a year ago, well below the 4.4% increase analysts had predicted while real estate investment in July accelerated to a 8.5%Y/Y decline. Thankfully,oil-specific data came in
Standard Chartered: All-Time-High Demand Will Push Oil To $100
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- Category: Energía y Combustibles
- Published on Thursday, 24 August 2023 02:29
- Written by Administrator2
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By Alex Kimani - Aug 17, 2023, 12:00 PM CDT
- Standard Chartered analysts: highly effective producer output restraint, led by Saudi Arabia, will create the conditions for a price rally.
- Stanchart: the sharp tightening shown in most H2 balances is starting to spill-over into physical markets.
- Brent crude could hit an intra-quarter high of $100 per barrel in Q4 according to Standard Chartered.
CCS presents new LNG-powered Chuanjiang standard bulk carrier
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- Category: Energía y Combustibles
- Published on Monday, 07 August 2023 04:42
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OF SHORE ENERGY
As per the China Classification Society (CCS), a new generation of 130m Chuanjiang standard bulk carrier, Chang Hang Huo Yun 002, which is a green and intelligent ship solely fueled with LNG, has been launched.
Courtesy of China Classification Society (CCS)The ship, with a deadweight of 9800 tons, is under construction by Zhijiang Shengmao Shipyard for China Yangtze Shipping Group.
CCS, which conducted the plan approval and new building survey, stated the ship complies with the Green Ship-2 standard as specified by its Rules for Green Ships on Inland Rivers.
In terms of power, CCS said the vessel engines are solely fueled with LNG, and compared with diesel fueling, it can reduce emissions of carbon
Eólica. Comienza la instalación en el parque eólico marino más grande, Dogger Bank del Reino Unido
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- Category: Energía y Combustibles
- Published on Monday, 07 August 2023 03:53
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Voltaire partiendo el 1 de agosto cargado con los primeros elementos para la instalación de Dogger Bank (SSE)
El trabajo de instalación en alta mar estaba programado para comenzar a fines de esta semana en el parque eólico marino más grande del mundo, el sitio de Dogger Bank en el Reino Unido. Cuando se complete en 2026, se espera que el proyecto produzca 3,6 GW de energía eléctrica en comparación con el proyecto más grande actual en operación que proporciona 1,4 GW de energía.
El comienzo de la campaña para instalar la primera de las 277 turbinas Haliade-X de 13MW de GE Renewable Energy, una de las turbinas más grandes y potentes
Gibraltar.- Gas tanker detained as port investigates oil spill
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- Category: Energía y Combustibles
- Published on Wednesday, 02 August 2023 01:00
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LOCAL NEWS
Gibraltar Chrinicicle
Heavy black fuel oil covers the die of the gas tanker Gas Venus after an oil spill while it was taking on fuel off the South Mole on Tuesday morning. Photos by Johnny Bugeja
BY CHRONICLE STAFFShare
1st August 2023
By Eyleen Gomez and Brian Reyes
A gas tanker that caused an oil spill in the Bay of Gibraltar was detained by port state control and the Gibraltar Port Authority [GPA] on Tuesday as an investigation was launched into what happened.
The GPA activated its anti-pollution plan alongside the Department of the Environment early Tuesday morning following a report that oil had spilt into the sea as the liquefied petroleum gas carrier Gas Venus took on fuel a short distance