Latest Oil and gas transportation News

Norwegian frigate sinks after it was rammed by tanker

Nov. 13, 2018 7:46 AM EST

COPENHAGEN, Denmark (AP) — One of Norway's Navy frigates has almost completely gone under water after an oil tanker rammed into it last week and tore a large hole in its side, authorities said Tuesday. Rear Adm. Nils Andreas Stensoenes, the head of Norway's navy, said several of the wires used to stabilize...

Turkish Cypriot leader: mix region's gas, send via Turkey

Nov. 12, 2018 4:01 PM EST

NICOSIA, Cyprus (AP) — An accord reunifying ethnically split Cyprus could unlock a deal to convey gas discovered in fields off Israel, Egypt and Cyprus to markets through neighboring Turkey's existing pipeline network, the leader of the island's breakaway Turkish Cypriots said Monday. Mustafa Akinci said...

Options limited, North Korea lit by flashlights, creaky grid

Nov. 12, 2018 2:07 AM EST

PYONGYANG, North Korea (AP) — More than 20 years after his father almost bargained them away for a pair of nuclear reactors, North Korean leader Kim Jong Un has his nuclear weapons — and a nation still plagued by chronic blackouts. Even on the clearest days, plumes of smoke from two towering...

Another Keystone XL setback: environmental review ordered

Nov. 9, 2018 6:22 PM EST

WASHINGTON (AP) — In a setback for the Trump administration, a federal judge has blocked a permit for construction of the Keystone XL oil pipeline from Canada and ordered officials to conduct a new environmental review. Environmentalists and tribal groups cheered the ruling by a U.S. district judge in...

Federal judge blocks construction of Keystone XL pipeline

Nov. 8, 2018 11:44 PM EST

GREAT FALLS, Mont. (AP) — A federal judge in Montana has blocked construction of the $8 billion Keystone XL Pipeline to allow more time to study the project's potential environmental impact. The Great Falls Tribune reports U.S. District Judge Brian Morris' order on Thursday came as Calgary-based...

Poland signs deal for long-term deliveries of US gas

Nov. 8, 2018 3:19 PM EST

WARSAW, Poland (AP) — Poland's main gas company signed a long-term contract Thursday to receive deliveries of liquefied natural gas from the United States as part of a larger effort to reduce its energy dependence on Russia. The state company PGNiG signed the 24-year deal with American supplier Cheniere...

Norwegian frigate is rammed by tanker in harbor, could sink

Nov. 8, 2018 10:52 AM EST

COPENHAGEN, Denmark (AP) — An oil tanker rammed a Norwegian navy frigate Thursday in a harbor on the country's western coast, tearing a large hole in its side, the military said. The frigate's 137 crew members were evacuated amid fears that it may sink. Eight people on the KNM Helge Instad were injured in...

US warns nations not to allow Iranian oil tankers

Nov. 7, 2018 5:14 PM EST

WASHINGTON (AP) — The United States is warning other countries not to allow Iranian oil tankers into their territorial waters or ports, saying such access may run afoul of U.S. sanctions and not only incur penalties, but also result in catastrophic economic and environmental damage should an accident...

Australia to block Chinese $9 billion energy takeover bid

Nov. 7, 2018 10:28 AM EST

CANBERRA, Australia (AP) — The Australian government on Wednesday warned it intends to block a Hong Kong and Chinese consortium's 13 billion Australian dollar ($9 billion) takeover bid for an energy infrastructure company because it conflicts with Australia's national interest. The CK Consortium needed...

Closed bank, mothballed planes: Iran mocks US sanctions list

Nov. 6, 2018 3:50 PM EST

TEHRAN, Iran (AP) — The "largest-ever" U.S. sanctions list targeting Iran drew mockery from Iranian officials on Tuesday for including mothballed Boeing 747s, a bank that closed years earlier and a sunken oil tanker that exploded off China months ago. However, the new list of sanctions, which also aims to...