LNG

BP raises dividend after income hit 14-year excessive

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Profit soars to $8.45 billion, far exceeds forecast BP increases dividend by 10% CEO says BP boosts spending on oil and gas Profits driven by strong oil business, influenced by LNG LONDON, August 2 (Reuters) – BP’s (BP.L) Second-quarter profit jumped to $8.45 billion, its highest in 14 years, as strong margins and its refining … Read more

Ships are getting older and slower as emissions guidelines apply

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Average ship age more than two years as of 2017 New emissions rules could force older ships to go slower 1/5 of ships are equipped with energy-saving equipment New ships and alternative fuels are the long-term solution LONDON, July 11 (Reuters) – If shipping is the beating heart of global trade, its pulse is about … Read more