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Strathclyde pension fund to invest GBP 80 million in UK Offshore Wind

Strathclyde Pension Fund (SPF) is investing GBP 80 million in UK Green Investment Bank’s Offshore Wind Fund (GIB OWF) as part of its Direct Investment Portfolio. On 5 September, Strathclyde Pension Fund allocated GBP 30 millio...

09/09/2016 Read

Oil edges up; gains limited amid scepticism over freeze deal

TOKYO (Reuters) – Oil prices erased early losses to trade higher on Wednesday partly due to a weaker dollar, but gains were limited as market participants remained sceptical producers would reach an agreement to freeze output to rein in a...

08/09/2016 Read

Maersk Line to launch new Asia-USWC service

Danish shipping company Maersk Line plans to set up a new service between Asia and the United States West Coast, the TP1 service, effective September 15, 2016.  As part of the service, six vessels with a capacity of 4,000 TEU would be deploye...

08/09/2016 Read

Siemens bags Njord A award

Siemens has been awarded a contract by Statoil to upgrade the control and safety systems on the Njord A platform as part of a major upgrade of the semi-submersible unit.  The Njord A platform, normally producing oil from the Njord field in th...

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Klaipedos Nafta’s LNG terminal revenue rises in August

Klaipedos Nafta, the operator of the first Lithuanian LNG terminal said Friday that sales revenues from the import facility edged up 1.9 percent in August.  Sales revenues coming from the regasification activity from Höegh LNG’s FS...

07/09/2016 Read

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