Natural Gas News

The Energy 202: Coal is getting caught up in Trumps burgeoning trade war

THE LIGHTBULBJENNER TOWNSHIP, PA: Construction continued on Corsa Coal's new Acosta Deep Mine in 2017 in southwest Pennsylvania. (Justin Merriman for The Washington Post)President Trump, with nearly every energy policy decision, has privileged coal above all forms of electricity production.But one of the unintended consequences…

Uruguay to Adopt Permanent Offer Process for Offshore Oil Blocks  | Rigzone

|Friday, June 15, 2018TweetBARILOCHE, Argentina, June 15 (Reuters) - Uruguay will move toward a permanent offer process for offshore oil blocks as other Latin American countries have done, after an April auction failed to attract bids, Industry, Energy and Mining Minister Carolina Cosse said in an interview this week.The…

Rolls-Royce cuts 4,600 jobs at 'pivotal moment' for business

By Sarah Young,1 / 3FILE PHOTO: A Rolls-Royce logo is seen at the company's aerospace engineering and development site in Bristol, Britain, December 17, 2015. REUTERS/Toby Melville/File PhotoBy Sarah YoungLONDON (Reuters) - Rolls-Royce <RR.L> is to cut 4,600 jobs over two years in the latest attempt by boss Warren East…

The Decisive Battle For Yemens Oil Port

An Arab coalition, led by Saudi Arabia and the UAE, have started their expected military assault on the Yemeni port of Hodeidah. This military operation will most probably decide the outcome of the ongoing civil war between the internationally recognized Yemeni government and the Houthi rebels, which are supported by Iran and Hezbollah.

Can Teekay Corporation (NYSE:TK)'s Tomorrow Be Different? The Stock Had Decline in Shorts

June 12, 2018 - By Henry Gaston The stock of Teekay Corporation (NYSE:TK) registered a decrease of 4.22% in short interest. TK’s total short interest was 11.33 million shares in June as published by FINRA. Its down 4.22% from 11.83M shares, reported previously. With 589,200 shares average volume, it will take short sellers 19 days to cover their TK’s short positions.

The future of offshore automation The Engineer

The offshore industry faces a future where completely unmanned platforms are operated, inspected and maintained by teams of autonomous robots. Andrew Wade reports on the latest in offshore automation. In many ways, the offshore industry is a perfect candidate for automation. Inherent dangers and remote locations make for tough working conditions…

New evacuations near Guatemala’s Volcano of Fire set off panic – San Gabriel Valley Tribune

Residents evacuate after a new flow of searing hot volcanic material moved down the slopes of the Volcano of Fire in Escuintla, Guatemala, Tuesday, June 5, 2018. The volcano exploded Sunday, sending down hot clouds of gas and ash that killed at least 70 people in communities on its flanks. Rescuers were also evacuated Tuesday.

Union to raises concern at lack of North Sea plan

A trade union is to use an appearance tomorrow at a parliamentary inquiry to call on the UK and Scottish governments to bolster strategic support for the North Sea oil and gas sector.Tommy Campbell, regional officer at the Unite union and chair of the Offshore Co-Ordinating Group of trade unions, will give evidence on Tuesday…

Louisiana to get $992,000 for outdoor recreation and conservation projects

Louisiana will get nearly $1 million from federal offshore lease revenues for outdoor recreation and conservation projects, U.S. Secretary of the Interior Ryan Zinke announced Monday (June 11).The money, from the Land and Water Conservation Fund (LWCF), is part of $61.6 million distributed around the country through the Gulf of Mexico Energy Security Act (GOMESA)…

Global Marine Trencher Market| Decreasing Cost of Deepwater Drilling to Boost Growth| Technavio

LONDON--(BUSINESS WIRE)--Jun 11, 2018-- analysts forecast the global marine trencher market to grow at a CAGR of nearly 4% during the period 2018-2022, according to their latest market research report.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180611006028/en/Technavio…

Man receives Good Conduct Medal 40 years after 2nd tour - News

Article ToolsANDY MATSKO/STAFF PHOTO Vietnam Veteran Dennis Messner, of Valley View, shows his medals he received from the U.S. Navy. Photo taken on Tuesday, June 28, 2016.ANDY MATSKO/STAFF PHOTO Vietnam Veteran Dennis Messner, of Valley View, looks through a scrap book on Tuesday, June 28, 2016.Lightbox linkLightbox…

First Iraq-flagged oil tanker in three decades leaves port

An Iraq-flagged tanker carrying two million barrels of crude oil has set sail for the US, the first such trip in nearly three decades, the oil ministry said on Saturday.Iraq, which has been ravaged by a series of wars since the 1980s, is OPEC's second biggest producer with 153 billion barrels of proven crude reserves.“The Baghdad left Basra on Friday night headed for the United States.

Exxon Mobil - Oil Prices Are Recovering Why Hasn't This Oil Major - Exxon Mobil Corporation (NYSE:XO

Exxon Mobil (XOM) is the largest oil company in the world with a market cap of almost $350 billion. The company has consistent production, long-term reserves, strong financials, and is in a league of its own among other oil companies. However, as oil prices have recovered, the company's stock price has languished. As we will see throughout this article…

Ukraine suggests real reason behind Russian navy maneuvers in Black Sea

Meanwhile, Russian officials claim the ships are tasked with the protection of drilling platforms seized from Ukraine's Chornomornaftgaz along with the Crimea occupation.Photo from UNIANIn the northern part of the Black Sea, Russian missile boats have been deployed "officially, no longer hiding," while the true purpose of maneuvers differs from the stated one…

Weather and danger hinder search at Guatemala's Volcano of Fire

SAN MIGUEL LOS LOTES, GUATEMALA Troublesome rain and more volcanic activity are hindering search and rescue efforts around Guatemala’s Volcano of Fire, but when teams have been able to work in the hardest hit areas the death toll has continued to rise.Efforts were cut short again Wednesday when a downpour forced teams to retreat for fear of mudslides.

Family delivers supplies to Puerto Rico

TAMPA -- Life is sweet on the shipping vessel "Glory."Downs family sold possessions to serve othersHelp begin Good Samaritan Shipping MinistriesHas made 5 trips to on their shipping boat to aid Puerto Rico"The boat is our home, as well as our ministry," said Shawna Downs. "And we live wherever the boat is, wherever the need is."Downs…

Bell-Boeing JV Wins Navy Contract to Upgrade V-22 Aircraft

Zacks Equity Research,1 / 5Bell-Boeing's primary product, V-22 Osprey, is a multi-mission, tiltrotor military aircraft with both vertical as well as short takeoff and landing capabilities.Bell-Boeing, a joint venture (JV) between The Boeing Company BA and Bell Helicopter unit of Textron Inc. TXT recently won a delivery order in relation to V-22 aircraft.

Councilwoman says Gustavo Reyna, Lafayette's mayor pro tem, planning to resign

In an effort to stall a series of upcoming votes on new drilling rules, Lafayette City Councilwoman Merrily Mazza on Tuesday revealed Mayor Pro-Tem Gustavo Reyna's plans to move out of Lafayette — and resign his seat — by suggesting the board delay any decision until after his replacement is appointed.Reyna, who has yet to publicly announce any departure plans…

Deep Down Receives Isolation Valve System Order Other OTC:DPDW

HOUSTON, May 30, 2018 (GLOBE NEWSWIRE) -- Deep Down, Inc. (OTCQX:DPDW), a specialist in complex deepwater oil and gas distribution equipment and services, today announced that it has received an order from Shell for work related to its Vito development in the U.S. Gulf of Mexico.The order is for the design, engineering…

Bill to stop Trump's offshore drilling plan passes through California Senate : Indybay

If these two bills make it out of the Legislature unscathed and go to to the Governors Desk, it would be the first time since 2016 that legislation officially opposed by the powerful oil industry is approved by the California Legislature, due to the inordinate influence by Big Oil in state politics. Map: In May 2015, the…