US Petrochemical Supply Chain & Logistics Market Overview

Petrochemical Update released their 2018 – State of the U.S. Petrochemical Supply Chain Whitepaper.

BP Tanker Finally Unloads Cargo at Curacao Terminal

After being delayed for 100 days off the coast of Venezuela due to unresolved payment issues, the 2013-built tanker ...

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BP Tanker First to Ship LNG through Panama Canal

The liquefied natural gas tanker British Merchant, owned by UK-based oil and gas major BP Plc, will be the first ...

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MUA: Last Aussie-Crewed Tanker to Be Removed from Australia

The last Australian-crewed fuel tanker MT British Fidelity will be taken off the Australian coast as the ...

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Topaz’s OSV Flotilla to Support BP in Caspian Sea

UAE-based offshore support vessel company Topaz Energy and Marine has secured fourteen offshore support vessel ...

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Zenith Energy Buys Storage Terminal Facility in Amsterdam

Liquids and bulk terminaling company Zenith Energy has signed an agreement to acquire a liquids storage terminal ...

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ICBC Leasing Signs USD 869 Million Tanker Deal with BP

China’s leasing company ICBC Financial Leasing has entered into an USD 869 million agreement with BP ...

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BP Inks USD 10 Billion LNG Deal with China Huadian

London-based oil and gas major BP and China Huadian Corporation (Huadian) have signed a sale and purchase agreement ...

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Majority of Deepwater Horizon Settlement Tax-Deductible

The recent announcement by the U.S. Department of Justice of a proposed USD 20.8 billion out-of-court settlement ...

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BP’s Deepwater Horizon Settlement Caps USD 20 Billion

The value of a settlement to resolve civil claims against oil major BP arising from the 2010 Deepwater Horizon oil ...

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First Deepwater Horizon Compensation Funds Allocated

The Gulf Coast Ecosystem Restoration Council, a new U.S. federal entity created by the RESTORE Act consisting of ...

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BP Gets 30 Days to Make USD 1bn Deepwater Horizon Payments

The New Orleans District Judge Carl J. Barbier yesterday gave a 30-day deadline to BP to pay USD 1 billion in ...

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BP Agrees to Pay Record Environmental Fine

Five years on from the Deepwater Horizon accident and spill in 2010 that took 11 lives, oil major BP has reached ...

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BP Settles with Halliburton, Transocean

Oil and gas major BP Plc. has settled outstanding claims with offshore drilling contractor Transocean Ltd. ...

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BP, Sinopec Form Marine Fuel Joint Venture

Oil major British Petroleum has teamed up with China’s Sinopec Fuel Oil in a joint venture that would focus ...

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BP Lays Off Australian Tanker Crew

BP Lays Off Australian Tanker Crew

Maritime workers outside BP’s Melbourne office staged a protest against the oil giant’s decision to lay ...

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Mexican States Lose Deepwater Horizon Court Appeal Case

Mexican States Lose Deepwater Horizon Court Appeal Case

The US 5th District Court of Appeals in New Orleans, Lousiana has upheld a 2013 district court ruling which said ...

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Deepwater Horizon Compensation Claim under Scrutiny

Deepwater Horizon Spill Compensation Claim under Scrutiny

A North Carolina resident Michael R. Rosella was arrested yesterday for allegedly making a fraudulent claim on the ...

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BP Fails to Reduce Maximum Deepwater Horizon Fine

BP Fails to Reduce Maximum Deepwater Horizon Fine

The New Orleans District Judge Carl Barbier has ruled against BP’s appeal to lower the USD 13.7 billion ...

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China VLCC Inks Charter Deals with BP and Shell

China Merchants Energy Shipping (CMES) has though its subsidiary, China VLCC, chartered out two Very Large Crude ...

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Interview: The Way Forward after Deepwater Horizon Spill

  January 20th marked the beginning of the third phase of the multiyear trial before the New Orleans District ...

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US Judge to Rule on Deepwater Horizon Penalty

The final phase of the Deepwater Horizon oil spill trial began on Tuesday, January 20th which will see New Orleans ...

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