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• Two ships of NYK Recognized for its advanced design

    Two of NYK’s environment-friendly ships, Auriga Leader and NYK Super Eco Ship 2030, received awards at the 2009 Good Design Awards* organized by the Japan Industrial Design Promotion Organization.  Auriga Leader, the first ship to use solar power for propulsion—an achievement that is a major step forward toward a next-generation eco ship

• UAE energy chief says current oil price u0026quot for enlargement

    The UAE’s energy minister has said that the current oil price is “good” for plans to expand projects and build up capacity. In an interview with TV’s Dubai One, Mohamed Bin Dhaen Al Hamli, said it was important for the country to increase capacity to meet future surges in demand.

• Future of Nigeria s oil and gas industry, promising – Expert

    Technological advancement to enhance productivity.

• Lower energy demand has Bottomed, fund managers Melis

    The decline in energy demand and drop in German electricity prices may have ended, according to the chief executive officer of hedge-fund manager Energy Capital Management BV. “The forward prices are at lows, the spot prices are at lows,” CEO Marcel Melis said yesterday at an energy markets and derivatives conference in

• Exxon s other highlights shine oil majors for Natural Gas

    Exxon Mobil Corp’s $30 billion takeover of XTO Energy Inc is a major vote of confidence in natural gas and the latest sign that the world’s top oil companies are looking to invest more in the cleaner-burning fuel. Gas prices across the world have slumped in 2009, largely due to

• India, Russia, China, increase in energy alliance

    In a significant development on Tuesday India, Russia and China agreed to enhance cooperation in energy sector. In a joint declaration issued here they said, “India, Russia and China are seeking to intensify international energy cooperation on a new basis to help make the energy market more open, transparent and

• To strengthen U.S. trade with Mongolia

     U.S. Commerce Secretary Gary Locke met with Mongolia’s Minister of Foreign Affairs and Trade Sikhbaatar Batbold on Monday in Washington to discuss the continued development of trade and economic relations between the countries. They also discussed the importance of the fourth U.S.-Mongolia Business Forum held at the Commerce Department on Tuesday,

• BHP Billiton In Newcastle Port Access Agreement

    BHP Billiton is pleased to announce it has reached agreement with the NSW Government over future long term access to the Newcastle Port. BHP Billiton has always maintained that an industry supported solution was possible and could be achieved. “I am delighted we have reached a solution that is supported

• Al Sada sets long-term UK energy role for Qatar

    His Excellency Dr. Mohammed Saleh Al-Sada, Minister of State for Energy and Industry Affairs of the State of Qatar, attended the launch of South Hook Gas, the United Kingdom liquefied natural gas (LNG) import company. The company owns and manages the regasification capacity and System Entry Capacity at the South

• Hope for the offshore market was

    There is reason for some optimism in the offshore supply vessel market despite the risk of some over-tonnaging among supply vessels, as long as oil prices stay in the US$70 to US$80 range. However, the combination of still cautious financing and falling ship values continues to overshadow the container ship market,

• RI to increase coal exports to India

    Indonesia is to export three million more tons of coal to India in the next two months, Energy and Mineral Resources Minister Purnomo Yusgiantoro said here on Tuesday. “So far we export 13 million tons of coal to India per year. Now we will ecport three million tons more over the

• Forecast to rise: The price of energy expected to slightly

    Energy prices in 2009 reflected both good and bad news for consumers; the good news was that prices for natural gas and oil were much lower than the previous year; the bad news was that a severe recession was part of the reason for the lower prices. Looking ahead to

• Such as electronic seals fit into the future supply chain? Is the future now?

    Over the past seven years a number of U.S.

• Economist grow: increasing demand for natural gas as sharp as climate change

    The world’s demand on gas is expected to increase in the future as climate change concerns grow, while renewable energy is still expensive to be developed, a prominent economist said here on Friday. “Demand on gas will be the fastest among other energy sources as it’s cheaper than oil and

• Shell boss warns of global energy crunch

     Shell Australia’s chairman warned of a global energy supply crunch, despite the current worldwide economic slowdown. “There’s a danger that if we don’t make enough large investments soon, the world will face an energy supply crunch around the middle of the next decade,” said Russell Caplan, chairman of Shell Australia,