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EDGE begins on-wellsite LNG production

10 hours ago DieselGasoil Comments Off on EDGE begins on-wellsite LNG production
6/18/2019 LONDON — Edge Gathering Virtual Pipelines 2 LLC has begun well-site LNG production operations in the United States in order to provide the Mid-Atlantic and New England marketplaces with a new source of high-quality and low-cost LNG. EDGE expects to be among the most competitive suppliers of truck-delivered LNG in these markets due to Read More

Till debt do us part: Russia’s holdings of US Treasuries plunge to 12-year low

16 hours ago DieselGasoil Comments Off on Till debt do us part: Russia’s holdings of US Treasuries plunge to 12-year low
Foreign investors led by Russia accelerated the reduction of US debt securities in April, decreasing their holdings of Treasury bills by $29.5 billion, data released by the US Treasury Department shows. Russia cropped its stockpile of US debt by $1.6 billion. The country’s holdings decreased from $13.7 billion in March to $12.1 billion in April. Read More

Analysis: Persian Gulf tensions offer South Korea the chance to clear surplus naphtha barrels

17 hours ago DieselGasoil Comments Off on Analysis: Persian Gulf tensions offer South Korea the chance to clear surplus naphtha barrels
Highlights South Korea’s naphtha stockpiles reach 2019 peak in April Ethylene producers keen to absorb domestic naphtha stockpiles Taiwan’s CPC Corp. seeks replacement naphtha after tanker fire Logistics jitters in Persian Gulf waters following the latest tanker fire incident could provide South Korea with a golden opportunity to offload its growing naphtha stockpiles as regional Read More

Cheddar to the rescue? UK company uses cheese to power 4,000 homes

17 hours ago DieselGasoil Comments Off on Cheddar to the rescue? UK company uses cheese to power 4,000 homes
A UK dairy in Yorkshire has signed an agreement with a local biogas plant to supply it with a by-product of cheese-making that would be turned into thermal power to heat homes in the area. The Wensleydale Creamery, which produces the Yorkshire Wensleydale cheese, makes 4,000 tons of cheese every year at its dairy in Read More

South Korea fires up on renewables, to close more coal plants

18 hours ago DieselGasoil Comments Off on South Korea fires up on renewables, to close more coal plants
SEOUL (Reuters) – As renewable energy powers up in South Korea, coal-fired generation, long the bedrock of the country’s electricity supply, is being tapped to give up room. FILE PHOTO: Vehicles move on a road on a polluted day in Seoul, South Korea, March 12, 2019. REUTERS/Kim Hong-ji/File Photo Facing choking smog in its major Read More

Virginia ban on uranium mining upheld by U.S. Supreme Court

1 day ago DieselGasoil Comments Off on Virginia ban on uranium mining upheld by U.S. Supreme Court
WASHINGTON (Reuters) – The largest-known U.S. uranium deposit will remain firmly under ground after the Supreme Court on Monday upheld Virginia’s ban on mining the radioactive metal, rebuffing a challenge backed by President Donald Trump’s administration to the 1982 moratorium. People leave the U.S. Supreme Court in Washington, D.C, U.S., June 17, 2019. REUTERS/Leah Millis Read More

Petrobrás makes biggest gas discovery in the Sergipe basin since 2006

1 day ago DieselGasoil Comments Off on Petrobrás makes biggest gas discovery in the Sergipe basin since 2006
6/17/2019 RIO DE JANEIRO — Petrobras has made its biggest discovery in the Sergipe since the pre-salt in 2006. Of six fields, it expects to extract 20 MMcmd of natural gas, equivalent to a third of the total Brazilian production. Reported last month, the finding is expected to generate $ 7 billion in annual revenue Read More

DeltaTek completes cementing services at Total’s Ballindalloch field

1 day ago DieselGasoil Comments Off on DeltaTek completes cementing services at Total’s Ballindalloch field
6/17/2019 ABERDEEN — Well construction specialist, DeltaTek Global, has announced the successful completion of its first SeaCure deployment for Total E&P UK. Located in the energy major’s Ballindalloch oil field, this workscope was the first 20-in. surface casing SeaCure job completed in the North Sea. SeaCure was deployed from the Ocean Valiant mobile offshore drilling Read More

Delphi Energy Corp. Announces Sale of a Portion of Its Excess Alliance Service and Provides Credit Facility Update

2 days ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Sale of a Portion of Its Excess Alliance Service and Provides Credit Facility Update
CALGARY, Alberta, June 17, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces the sale of a portion of its Alliance Service and an extension to its senior credit facility. SALE OF A PORTION OF EXCESS ALLIANCE FIRM TRANSPORTATION SERVICE Delphi has entered into a binding agreement to sell and permanently assign Read More