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Energy Markets

Crew of ship seized by Iran are safe, operator MSC states

The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping company MSC said on Wednesday, adding that conversations with Iranian authorities remain in progress to protect their earliest release. We are also working with the Iranian authorities to have the cargo discharged, the Swiss headquartered business stated in a. statement. Iran's Revolutionary Guards took the container vessel in. the Strait of Hormuz days after Tehran promised to retaliate for a. believed Israeli strike on its consulate in Damascus on April. 1. Iran had actually said it could close the important shipping...

Oil & Gas Refining

BP asks US regulators to turn down Venture Global's permit extension request

BP Plc on Tuesday urged U.S. regulators to decline Endeavor Global LNG's ask for an extension of time to develop its Calcasieu Pass export plant. BP states the plant is effectively commissioned and desires the Federal Energy Regulatory Commission (FERC) to give it gain access to to Venture Global's confidential commissioning documents. As of Oct. 26, 2023, all Endeavor Global Calcasieu Pass ( VGCP) liquefaction obstructs finished commissioning and are totally functional, appropriately ... no extension is essential, BP stated in its letter to the FERC. BP's pleading to FERC follows comparable demands on Monday from Repsol SA and Galp...

Energy Markets

Endeavor Global LNG states it won't supply personal documents unless ordered

Venture Global LNG on Monday told U.S. regulators it will not provide energy firms Repsol SA and Galp Energia with private files on a Louisiana export terminal's operations unless ordered to do so. Repsol and Galp have actually asked the Federal Energy Regulatory Commission (FERC) to need U.S. LNG exporter Endeavor Global to reveal commissioning reports sent to the regulator for its Calcasieu Pass LNG job. The Arlington, Virginia-based exporter stated it opposes the demands of Repsol and Galp for confidential files and ... will not supply any such documents unless and till clearly bought to do so by the...

Energy Markets

Europe's wildfires in 2023 were amongst the worst this century, report says

The 2023 wildfire season in the Europe was amongst the worst this century, according to a. European Commission report released on Wednesday. In 2015, over half a million (504,002) hectares, an. area two times the size of Luxembourg, was scorched by wildfires,. according to a report on Forest Fires in Europe, Middle East and. North Africa 2023 by the Commission's Joint Research study Centre. The 3 worst years this century by the degree of charred. area mapped by the European Forest Fire Info System. ( EFFIS) were 2017 (988,427 ha), 2022 (837,212 ha) and 2007. ( 588,388 ha). The report...

Energy Markets

Endeavor Global LNG to purchase fleet of vessels

Endeavor Global LNG stated on Sunday it would get a fleet of nine liquefied gas ( LNG) transport vessels, broadening its capability to offer and deliver its own cargoes. Venture Global has actually exported hundreds of cargoes considering that it began melting gas for export in 2022 from the very first of its 3 prepared facilities in Louisiana. The vessels it utilized were owned by other business and rented. The 9 vessels in Endeavor Global's future fleet will be built in South Korea with the first to be delivered later this year, the Arlington, Virginia-based company said. The business has...

Energy Markets

US asks Venture Global LNG to justify privacy of Calcasieu filings

The U.S. Federal Energy Regulatory Commission (FERC) on Wednesday asked Endeavor Global LNG to describe why reports on its Calcasieu Pass LNG plant need to be kept private, an advancement that followed significant customers grumbled about its lack of transparency. The request was regulators very first reaction to months of filings from consumers - consisting of BP, Edison, and Shell - seeking its help in a disagreement over whether the Louisiana plant's operations can meet their contracts. The consumers have objected that they have actually not gotten enough explanations for the delay, which they state has cost them billions of...

Oil & Gas Drilling

Major European energy business ask US regulators to deny Venture Global LNG's authorization extension

Leading European energy companies on Friday asked U.S. regulators to reject Endeavor Global LNG's ask for an one-year building and construction license extension to its Louisiana export plant. Shell PLC, Italian energy Edison, Repsol, Orlen SA, and Galp Energia SA oppose the demand due to the fact that they think Venture International LNG has completed its plant however has actually stopped working to give them contracted cargoes. Endeavor Global last month asked for an one-year extension to a Federal Energy Regulatory Commission (FERC) allow to complete its Calcasieu Pass plant, or to get assurances it did not require an extension....