IMO Makes Progress Towards Inclusion Of Methanol in Gas Fuelled Ships Code

The Methanol Institute has welcomed the completion by the International Maritime Organization’s sub-Committee on Carriage of Cargoes and Containers (CCC5) of draft interim guidelines covering the safety of ships using methyl/ethyl alcohol as fuel. The draft guidelines, which were agreed at the end of the sub-committee’s week-long meeting, completes the work undertaken by the Correspondence
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ABS is hosting a series of high-level seminars for shipowners and operators evaluating the long-term potential, technical and operational challenges and opportunities for gas as a marine fuel. “The marine industry is evaluating how to address rapidly changing energy markets against a backdrop of increasing environmental regulation. The regulatory shift combined with uncertainty in conventional
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GE offers a comprehensive suite of marine gas turbine, digital analytics and maintenance solutions for commercial ships, the company reported at the Gastech 2018 industry trade exhibition. Lloyd’s Register (LR) recently granted GE Approval in Principle (AiP) as ‘Digital Twin READY’ for GE’s Predix Asset Performance Management. This innovative, first-in-class AiP allows GE to provide
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The Petroleum and Natural Gas Regulatory Board (PNGRB) on Monday 17 September 2018 declared the final list of winners of city gas retailing licences that had billionaire Gautam Adani‘s group, state-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Torrent Gas as the big winners.  Adani Gas won rights to retail compressed natural gas (CNG) to automobiles and piped cooking
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As the worldwide price of oil hit its highest level for 2018 on Wednesday, CNBC’s Jim Cramer mused on what the milestone could mean for the U.S. energy market. “When it comes to energy, we have a big problem in this country,” the “Mad Money” host said, referring to the holdup in the Permian Basin
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ABS granted Approval in Principle (AIP) to TECHNOLOG for an innovative liquified natural gas (LNG) fuel gas container system. “As a global leader in gas, ABS is committed to enabling innovation in LNG as a marine fuel and this AIP is the latest evidence of that,” said ABS Vice President for Global Gas Solutions, Patrick
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When sulphur emissions in the Baltics were about to be drastically reduced four years ago, Finnlines had a choice: pay a premium for low sulphur fuel, or install exhaust gas cleaning systems and continue to use marine fuels. The company opted to bet big on the latter, spending EUR 100m retrofitting the then relatively new
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Castigated by U.S. President Donald Trump as relying too much on Russian gas supplies, German Chancellor Angela Merkel heads to Azerbaijan this week to discuss the development of a southern pipeline to deliver gas to Europe from the Caspian. The visit underscores Merkel’s openness to finding alternative sources of affordable gas even as she remains
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The industry has a chance to move from incremental, digitally driven operational improvements to a broader embrace of digital technologies. For most of this decade, the Oil and Gas industry has not taken advantage of the opportunities that derive from meaningfully using data and technology. A single drilling rig at an oilfield, for example, can
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Dana Gas PJSC (“Company”), the Middle East’s largest regional natural gas company, announced its financial results for the first half ended 30 June 2018: Highlights Net Profit for 1H of $24 million (AED 88m); 4% higher year-on-year; $50 million (AED 183m) excluding one off Sukuk restructuring costs. Consensual solution on Sukuk restructuring agreed with closing
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