Archive for the ‘Oil Industry’ Category

1 year HAEE: 2016 review

1 year HAEE: 2016 review
Professor Dr. Kostas Andriosopoulos Since its inception in March 2015, the Hellenic Association for Energy Economics (www.HAEE.gr) acts as an interdisciplinary forum / think tank that promotes the exchange of ideas, research results and experiences among academics, professionals, business executives...
December 30th, 2016 | Associations, Energy, Gas, LNG, LPG, Markets, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More

The Markets and Geopolitics: not a pretty picture…

The Markets and Geopolitics: not a pretty picture…
John Faraclas A dropping BDI (Baltic Dry Index) and uncertainty on geopolitics create the worse ever picture since the end of the Vietnam War; John Faraclas weekly recap: The BDI lost 20 points since yesterday standing at 1,181 and 76 since last week’s 1,257 points sending shivering and multiple messages...
November 25th, 2016 | Dry Bulkcarriers, European Union, Markets, Military, News, Oil Industry, Politics and Government, Reports, Sales and Purchases, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

CAUTION: Markets drop further; geopolitics in jeopardy…

CAUTION: Markets drop further; geopolitics in jeopardy…
John Faraclas The BDI (Baltic Dry Index) lost another 11 points since last Friday the 21st of October and now stands at 831 points “thanks” to the Capers; Geopolitical uncertainty and the Middle East’s further escalation must be viewed with extreme caution. John Faraclas’ daily briefing: So...
October 24th, 2016 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Piracy and Terrorism, Shipfinance, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Decline in oil: a contagion through Latin America’s related sectors

Decline in oil: a contagion through Latin America’s related sectors
Latin America’s beleaguered oil and gas industry continues to bear the brunt of the fallout from the dramatic collapse in oil prices during the past two years. Based on an AlixPartners analysis, other sectors such as materials and industrials, have been negatively affected as well. To return to health,...
October 24th, 2016 | Energy, Markets, Oil Industry | Read More

Dry Market get the blues, Wets …still “sustainable” and Geopolitics trigger wars.-

Dry Market get the blues, Wets …still “sustainable” and Geopolitics trigger wars.-
John Faraclas The BDI (Baltic Dry Index) lost fifty points since last Friday the 14 of October and now stands at 842 thanks to the Panamaxes who …saved the day. On the Geopolitics coming to head. John Faraclas weekly recap: So the BDI continued its losses; it was earlier on seven points down since...
October 21st, 2016 | Chartering, Containers, Dry Bulkcarriers, Environment, Markets, Military, News, Oil Industry, Politics and Government, Shipfinance, Shipping Indices, Statistics, Trade and Commerce | Read More

The Markets are down; the geopolitics will bring us down too…

The Markets are down; the geopolitics will bring us down too…
John Faraclas The BDI (Baltic Dry Index) lost 16 points today and now stands at 906 – just six points above the 900 points threshold when everybody was expecting to see the 1,000 points barrier conquered; …hard luck… The Geopolitics continue to produce havoc and soon War!  We advise you to read...
October 12th, 2016 | Chartering, Dry Bulkcarriers, Energy, Gas, LNG, Markets, Military, Oil Industry, Piracy and Terrorism, Politics and Government, Shipping Indices, Stock Markets, Tankers | Read More

The Markets are cooling down and the Geopolitics flare up

The Markets are cooling down and the Geopolitics flare up
John Faraclas Wonder where your business intuition stands during these difficult and crucial times not just for the Markets but also for the messy Geopolitics we are faced with… John Faraclas’ daily recap: The BDI (Baltic Dry Index) was just one single point up since last Friday standing at 922 points...
October 10th, 2016 | Chartering, Dry Bulkcarriers, European Union, Gas Carriers, Liner Shipping and Trade, Maritime Tourism, Markets, Military, News, Oil Industry, Piracy and Terrorism, Politics and Government, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

HFW Briefing: Everything that floats – regulations clear?

HFW Briefing: Everything that floats – regulations clear?
Everything that floats – regulations clear? An international convention authority and courts on both sides of the Atlantic have recently attempted to clarify the question of whether floating offshore...
October 10th, 2016 | Gas, Legal, Markets, Oil Industry, Reports | Read More

Hot Port News from GAC

Hot Port News from GAC
  07-Oct-2016 PORT READINESS CONDITION YANKEE SET AS PORTS BRACE FOR HURRICANE MATTHEW Savannah & Brunswick, Georgia, USA OIL & GAS WORKERS’ STRIKE AVOIDED Norway EXTREMELY DANGEROUS HURRICANE MATTHEW MOVING CLOSER TO FLORIDA EAST COAST Florida, USA Port Readiness Condition...
October 7th, 2016 | Energy, Gas, Oil Industry, Oil Platforms and Rigs, Port Conditions, Ports & Terminals, Strikes, Weather | Read More

Capers volatility …”keeps” the BDI afloat…

Capers volatility …”keeps” the BDI afloat…
John Faraclas The BDI (Baltic Dry Index) closed earlier on today at 869 points – up nine since yesterday thanks to the volatile Capers; Geopolitics continue to worsen. John Faraclas’ daily briefing: The Capers were up 42 points bringing the BCI 2014 above the 2,000 point threshold at 2,012; obviously...
October 5th, 2016 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets | Read More

The Markets and Geopolitics: a penny for your thoughts…

The Markets and Geopolitics: a penny for your thoughts…
John Faraclas A diving BDI at 934 and Geopolitical chaos rules the day; John Faraclas’ daily market briefing: The BDI (Baltic Dry Index) fall of seven points “marred” the otherwise good news of Baltic Exchange’s sale to SGX following the Results of voting at Court Meeting and General Meeting. The...
September 26th, 2016 | Dry Bulkcarriers, Military, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The Markets and Geopolitics: Lighting never strikes twice…

The Markets and Geopolitics: Lighting never strikes twice…
John Faraclas The Market “euphoria” doesn’t have the anticipated continuity as some thought, particularly when the Capers had a minus six points today given its 271, 154, 111 and 173 points daily gained from last Monday the 19th of September until yesterday the 22nd of September; what a …hiccup...
September 23rd, 2016 | Associations, Banking, Markets, Military, News, Oil Industry, Piracy and Terrorism, Reports, Shipfinance, Shipmanagement, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Capers’ Markets and Messy Geopolitics

Capers’ Markets and Messy Geopolitics
John Faraclas With the volatile Capers …”dominating” the “rise” in the Markets and Geopolitics –  as per our written prediction of getting far worse, the situation is more than serious; John Faraclas’ daily report is a strong warning to all: The BDI (Baltic Dry Index) closed with a...
September 19th, 2016 | Containers, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Ports & Terminals, Sailing, Shipbuilding and Shipyards, Sports, Tankers | Read More

EIRA on the Energy jargon

EIRA on the Energy jargon
George Hatziioannou, EIRA’s editor George Hatzioannou, EIRA’s editor writes: What are the most likely repercussions for South East Europe’s energy security after the somewhat ambiguous reconciliation between Ankara and Moscow has re-activated the Turkish Stream pipeline project? Will it...
September 19th, 2016 | Associations, Energy, Gas, LNG, LPG, Markets, News, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More

BDI’s weekly fall and Geopolitical madness rule the day

BDI’s weekly fall and Geopolitical madness rule the day
John Faraclas The BDI (Baltic Dry Index), despite the Capers’ upwards rally, was down; Geopolitics coupled with sheer madness rule the day and will inflict despicable damage to many if we don’t stop some moron politicians and media cronies. John Faraclas’ weekly recap: The BDI gained 36 points...
September 16th, 2016 | Chartering, Comment, Containers, Dry Bulkcarriers, Energy, Fixtures, Markets, Oil Industry, Reports, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

New independent commercial advisor role by LR will advise Cyprus Hydrocarbons Company (CHC)

New independent commercial advisor role by LR will advise Cyprus Hydrocarbons Company (CHC)
New independent commercial advisor role will advise Cyprus Hydrocarbons Company (CHC) on oil and gas sales through to development strategies to help the Cypriot oil and gas industry achieve its operational targets. Cyprus Hydrocarbons Company (CHC), the National Oil and Gas Company of Cyprus, has named...
September 7th, 2016 | Classification Societies, Energy, Gas, Marine Equipment Products and Services, Oil Industry, Technology | Read More

Market falls amid global uncertainty

Market falls amid global uncertainty
John Faraclas Once again we were verbatim right and the Market’s fall come at no surprise to us and our supporters; add the uncertainty deriving from the Geopolitical chaos and see what’s up next. John Faraclas’ daily recap: The BDI closed down five points since last Friday at 715 points and...
August 30th, 2016 | Containers, Dry Bulkcarriers, LNG, Markets, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets | Read More

ABS Makes it Safer to ‘Walk to Work’

ABS Makes it Safer to ‘Walk to Work’
New Guide addresses advanced crew transfer technologies, providing safety guidance for offshore access gangways. ABS, the leading provider of classification services to the global offshore industry, announces the publication of The ABS Guide for Certification of Offshore Access Gangways. The new...
August 26th, 2016 | Classification Societies, HR, Oil Industry, Oil Platforms and Rigs, Safety and Security | Read More

MISC Berhard enters Thai offshore oil and gas market

MISC Berhard enters Thai offshore oil and gas market
From the signing ceremony MISC Berhad (“MISC”), one of the world’s leading energy related maritime solutions and services provider has made inroads into Thailand’s offshore oil and gas market for the first time. Today, MISC’s wholly-owned subsidiary, MISC Offshore Floating...
August 23rd, 2016 | Gas, Markets, Oil Industry | Read More

Supras “save” losses; geopolitics more perplexed…

Supras “save” losses; geopolitics more perplexed…
John Faraclas Thanks to the Supras’ BSI which gained 11 points, the BDI was down only three in its second day of fall. John Faraclas’ daily market briefing: The BDI (Baltic Dry Index) lost three points and now stands at 682 in its second day of fall thanks to the Supras which gained 11 points and...
August 18th, 2016 | Comment, Dry Bulkcarriers, Energy, Markets, Oil Industry, Shipping Indices, Tankers | Read More

Commencement of drilling = spudding? Industry terms in oil and gas contracts

Commencement of drilling = spudding? Industry terms in oil and gas contracts
Simon Shaddick A dispute between Vitol E and P Ltd (Vitol) and Africa Oil and Gas Corporation (AOGC) arose out of an M&A transaction relating to a production sharing contract (PSC) for an exploration permit for the “Marine XI” area offshore the Republic of Congo. The background facts are relatively...
August 18th, 2016 | Gas, Legal, Markets, Mergers and Acquisitions, Oil Industry | Read More

Damen makes opening move in decom market

Damen makes opening move in decom market
Damen Offshore Platform Remover Damen Shipyards Group has announced its latest concept design: the Damen Decommissioning Series. The vessel will specialise in three core areas of the oil and gas decommissioning sector: topside decommissioning offshore platform removal, and subsea cleaning and removal....
July 28th, 2016 | Marine Equipment Products and Services, Oil Industry, Oil Platforms and Rigs, Shipbuilding and Shipyards, Technical, Technology | Read More

A warning on BDI’s downfall and explosive geopolitics…

A warning on BDI’s downfall and explosive geopolitics…
John Faraclas Never ever before the shipping markets and conversely the shipping industry was faced with such an uncertainty with geopolitics being as explosive as never before totally affecting all sectors; John Faraclas’ warning report: The BDI (Baltic Dry Index) was down another  ten points closing...
July 21st, 2016 | Containers, Dry Bulkcarriers, European Union, IMO, Markets, Military, News, Oil Industry, Organisations, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

EIRA Newsletter – Vol 4 Issue 7 – 2016

EIRA Newsletter – Vol 4 Issue 7 – 2016
George Hatziioannou, EIRA’ editor From the Editor of EIRA: Mixing economics with politics does not always pay off. So far in the first five months of 2016, LNG imports into Northwest Europe, predominantly from Qatar, plummeted by 15% year-on-year. The LNG cargoes were shipped to customers in Asia,...
July 19th, 2016 | Associations, Energy, Gas, LNG, Markets, Oil Industry | Read More

GEODIS opens new Oil & Gas hub in Aberdeen, Scotland

GEODIS opens new Oil & Gas hub in Aberdeen, Scotland
GEODIS is expanding its Industrial Projects activity and opens a new oil and gas warehouse at Aberdeen harbour, on the east coast of Scotland. “This new facility enables us to provide an even better service to all our oil and gas customers due to its strategic location. The new GEODIS hub represents...
July 18th, 2016 | Gas, Logistics, Markets, Oil Industry | Read More