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LNG Transportation

Transport Infrastructure

Transport Infrastructure

BT spots 2,000 prospective attacks on its network a second

Britain's BT said it was spotting 2,000 signals of potential cyberattacks throughout its network every 2nd, as wrongdoers were increasingly utilizing disposable bots to try to avert existing blocking and security procedures. The telecoms group said on Thursday that digital monitoring activity by hackers utilizing malicious scanning bots. was 1,200% higher in July compared to the very same month the. previous year. BT likewise stated that hackers were targeting the retail,. education and hospitality industries along with the defence and. financial services sectors, their traditional searching grounds. Our information shows that every 90 seconds hackers are checking. connected devices to...

Transport Infrastructure

Greece indications 3.3 bln euro lease for Athens toll highway, sources state

Greece has actually signed a 3.3 billion euro ($ 3.64 billion) deal for the lease of a toll highway in Athens with GEK Terna, 2 sources with understanding of the matter informed Reuters on Thursday. The deal will be crucial for Greece to fulfill its fiscal target for profits of 5.8 billion euros from privatisations and stake sales in banks this year. Among the sources stated that the offer was signed previously on Thursday which the objective was to collect the cash by the end of the year. GEK Terna was called last year as the favored bidder in a....

Transport Infrastructure

Poland's Grupa Azoty to evaluate polymer organization alternatives with Orlen

Stateowned Polish chemicals firm Grupa Azoty said on Thursday it had signed a letter of intent with Poland's top refiner Orlen to evaluate tactical alternatives for its polymers company. Grupa Azoty stated the celebrations would intend to make choices relating to possible transactions in the field of polymers, with specific emphasis on Grupa Azoty Polyolefins, which is implementing the Polimery Cops task in which Orlen holds a. 17.3% stake. In addition, the analysis will consist of activity associated to. the production and sale of caprolactam and polyamide 6, and the. sea port in Gdansk, Grupa Azoty stated. The decision to...

Transport Infrastructure

Rahm aims to preserve Ryder Cup eligibility in the middle of tight schedule

Jon Rahm prepares to participate in three DP World Tour events in the coming weeks to guarantee he is eligible for the Ryder Cup however the former world number one said on Wednesday he is unsure he will have the ability to play after declining to pay their fines. Rahm, who made the switch to LIV Golf last year, need to play in four DP World Tour events-- with the Olympics counting as one-- to qualify for the Ryder Cup as an automated choice or stand for ruling champs Team Europe as one of the captain's picks. But with LIV...

Transport Infrastructure

Freight train hinders in southwest Russia due to 'interference', officials state

A freight train thwarted in the Russian region of Belgorod, which borders Ukraine, due to outside disturbance with the operation of railway transportation, however there were no casualties, a local branch of Russian Railways reported on Wednesday. Last night, 23:17 (2017 GMT on Tuesday) ... due to disturbance with the operation of railway transport, a. locomotive and wagons of a freight train hindered, the. South-Eastern Train said on the Telegram messaging app. According to initial information, there are no. casualties. The Railway did not supply further information. The mishap occurred in the Novooskolsky district of the. area of the Belgorod...

Transport Infrastructure

The surge in imports continues to the US as a possible East Coast port dispute looms.

The imports of U.S. containers in August increased 12.9% compared to a year earlier as the summer surge in cargo delayed cargo at major port and fears grow over an upcoming longshore strike along the East Coast of Florida and Gulf of Mexico, according to Descartes Systems Group. In August, U.S. ports processed nearly 2.5 million 20-foot units. This was 3% lower than in July when imports reached a 26-month peak. According to Descartes supply-chain software, early on in the pandemic, cargo backlogs and bottlenecks were caused by volumes above 2.4 millions TEU. The International Longshoremen's Association is a union...

Transport Infrastructure

Ukraine launches drones at Moscow, other Russian regions, authorities say

Russia's air defence systems damaged a minimum of 7 Ukrainian drones targeting Moscow, while 59 of the air weapons were downed over the Bryansk area near the border with Ukraine, local officials stated on Tuesday. According to preliminary info, there is no damage or injuries at the site of the fall of the debris, Moscow's Mayor Sergei Sobyanin wrote in a post on the Telegram messaging app. The drones were ruined in the Lyubertsy and Ramenskoye districts of the Moscow area, in addition to in the Podolsk city district, Sobyanin said. Podolsk is some 38 km (24 miles) south of...

Transport Infrastructure

Boeing hold-ups suppliers' 737 MAX output objective by 6 months, sources state

Boeing has actually informed suppliers it is delaying a crucial production milestone for its 737 MAX by 6 months, 3 industry sources said, in a sign the planemaker is struggling to boost production of its best-selling jet. Boeing's most current 737 supplier master schedule communicated to the industry calls for MAX output to reach 42 a. month in March 2025, compared to a previous target of. September 2024, the sources told Reuters. Boeing has actually been having a hard time to recover production of its top. single-aisle guest aircraft due to additional safety and. regulative checks given that a door...

Transport Infrastructure

US oil companies evacuate staff, cut drilling ahead of Storm Francine

U.S. Gulf of Mexico oil and gas producers were evacuating staff and suppressing drilling to get ready for Hurricane Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. midSouth. Francine is likely to bring dangerous storm surge to the upper Texas and Louisiana coasts and hurricane-force winds to Southern Louisiana this week. Homeowners of Calcasieu Parish in Louisiana on Monday were supplied with sandbags and other materials to combat the expected storm rise, officials stated. Exxon Mobil said it shut-in output and evacuated staff from its...

Transport Infrastructure

US proposes brand-new car requirement to minimize pedestrian deaths

A U.S. regulator stated on Monday it is proposing a requirement that some future vehicles be upgraded to decrease the dangers of severe or deadly injuries in crashes involving pedestrians in the middle of a rise in such deaths. The National Highway Traffic Security Administration said the brand-new guideline aims to reduce casualties for pedestrians who strike the hoods of automobiles, specifically in pickup trucks and large SUVs that do not presently meet international pedestrian defenses standards. In 2022, the variety of pedestrians killed in the U.S. increased 0.7% to 7,522, the most considering that 1981, while the number injured...

Freight Logistics

Monetary investor CVC improves Schenker deal, file says

Monetary financier CVC is improving its deal for Deutsche Bahn's logistics business Schenker, requesting for a reasonable assessment of its bid in a. letter to the German railway's board and supervisory board,. according to files seen on Monday. CVC is guaranteeing the state-owned German railway at least. one billion euros in case of a potential future IPO exit,. should its present owner choose to remain invested, the letter. stated. CVC last month presented 2 bids, one for 100% in the. company that would value it around 14 billion euros ($ 15.46. billion), and another with an alternative that could see...

Transport Infrastructure

India's GMR Airports raises stake in Delhi airport to 74% as Germany's Fraport exits

India's GMR Airports Facilities stated on Monday it increased its stake in the main airport in New Delhi to 74%, by buying out Frankfurt Airport operator Fraport's 10% interest in a deal worth $126 million. The Airports Authority of India (AAI) will continue to hold its 26% stake in Delhi International Airport Ltd (DIAL), among the nation's greatest and busiest airport, GMR stated. The offer comes simply over a month after heavy rains caused the airport's roofing system to collapse killing someone and shutting down a busy domestic terminal. GMR, which likewise owns stakes in Hyderabad's Rajiv Gandhi International Airport...

Passenger Transportation Services

Passenger Transportation Services

Air-taxi maker Vertical completes phase one screening of prototype

UKbased Vertical Aerospace has actually finished the first phase of piloted screening of a prototype of its airtaxi, VX4, it said on Thursday, sending the business's. shares up 3.9% in U.S. premarket trading. The VX4 has 1,500 pre-orders worth $6 billion from companies. consisting of Virgin Atlantic, American Airlines and Japan Airlines. The stage one screening consisted of multiple piloted tethered. flights and ground runs. It finished 70 private test points. to confirm its security in the real-world flight situations. The company is now getting ready for stage 2 screening, which. will involve taking-off and landing vertically, as well as....

Passenger Transportation Services

Ryanair sees fares down 5-9% in July-September quarter

Ryanair expects average fares to fall between 5% and 9% year on year in the three months to the end of September, but reservations have strengthened in current weeks, group president Michael O'Leary said on Thursday. In July, O'Leary stated fares might fall by over 10% throughout the period, the 2nd quarter of Ryanair's financial year, however in August he stated the fall was likely to be closer to 5%. It's prematurely to state where it will finish up, however it will be someplace in between 5% and 9%, O'Leary informed investors at Ryanair's annual basic meeting. We hope it...

Passenger Transportation Services

StanChart to provide very first commercial debt to carbon credit firm after BA commitment

Requirement Chartered will offer the first business financial obligation to a technological carbon elimination company after British Airways agreed to an advance purchase of more than 4,000 tonnes of credits from project designer UNDO, the lending institution told Reuters. The capability to suck climate-damaging carbon emissions out of the air is a central part of the world's effort to battle global warming, yet many of the innovations are nascent and unproven at scale. While grants, pre-payments and venture capital have generally provided early-stage funding, task developers have actually been considered too dangerous for banks to provide them corporate loans, StanChart...

Ground Transportation

Transportation

Transportation

Norway's spy chief sees Russia most likely to try sabotage

The head of Norway's foreign intelligence service believes Russia has actually ended up being more likely to try to sabotage its facilities, such as oil and gas, than a year ago as Moscow becomes bolder in countering Western assistance for Ukraine. The threat level has changed, Vice Admiral Nils Andreas Stensoenes, head of the Norwegian Intelligence Service (NIS),. told Reuters. We believe sabotage is more likely, and we see acts of. sabotage occurring in Europe now which show that they (the. Russians) have moved a bit on that scale. Russia turns down such accusations as Western scaremongering. Its embassy in...

Transportation

Hungarian oil business MOL's brand-new Druzhba supply deals abide by EU, Ukraine rules, chairman states

Oil and gas group MOL's. offers to carry Russian crude through Belarus and. Ukraine via the Druzhba pipeline abide by all European Union. and Ukrainian rules, MOL Executive Chairman Zsolt Hernadi stated. on website index.hu on Wednesday. Kyiv in June put Russian oil company Lukoil on a sanctions. list, stopping the circulation of its oil to MOL refineries in Hungary. and Slovakia, whose governments said this was a risk to. security of supply. Lukoil is set to resume oil materials in October to Slovakia. and Hungary through the Druzhba pipeline after MOL said on Monday it. secured new offers with...

Transportation

Russia's Lukoil set to resume supplies through southern Druzhba in October, sources state

Russia's Lukoil is set to resume oil materials through the Druzhba pipeline to Slovakia and Hungary in October after Hungary's MOL said it had struck offers to carry crude through Belarus and Ukraine via the pipeline, 2 sources stated on Tuesday. The sources said the supplies would resume next month since this month's export plans had actually been made beforehand and it is difficult to reroute volumes. One stated Lukoil might be able to reroute a little volume this month, however it was yet to be seen. In the summertime, Kyiv banned Lukoil products after putting the Russian group on...

Transportation

Enbridge pulls personnel from overseas platforms as Storm Francine advances

Energy pipeline operator Enbridge has pulled employees from a number of offshore U.S. Gulf of Mexico platforms, the business told consumers, as Hurricane Francine advanced towards a landfall in Louisiana. Francine has shut in oil and gas production at overseas platforms operated by Chevron, Exxon Mobil and Shell. The very first official measure of the storm's effect on U.S. energy production will be launched later on Tuesday by U.S. regulator the Bureau of Security and Environmental Enforcement. Enbridge, which handles an extensive network of overseas pipelines funneling oil and gas to onshore plants, evacuated staff from 3 offshore platforms. Operations...

Transportation

Norway's spy chief sees Russia most likely to attempt sabotage

The head of Norway's foreign intelligence service thinks Russia has actually become more likely to try and sabotage its facilities, such as oil and gas, than a year ago as it becomes bolder in countering Western support for Ukraine. The threat level has changed, Vice Admiral Nils Andreas Stensoenes, head of the Norwegian Intelligence Service (NIS),. told Reuters. Our company believe sabotage is most likely, and we see acts of. sabotage taking place in Europe now which suggest that they (the. Russians) have actually moved a bit on that scale. Russia turns down such accusations as Western scaremongering. Its embassy...

Transportation

Hungary's MOL reaches deals for oil transportation via Druzhba pipeline

Hungary's MOL said on Monday it had reached handle suppliers and pipeline operators for the constant transport of petroleum through Belarus and Ukraine via the Druzhba pipeline. Kyiv prohibited Lukoil products in June after putting the Russian group on a sanctions list, avoiding the transport of its oil to MOL refineries in Hungary and Slovakia. That angered Hungary and Slovakia, whose governments said it was a danger to security of supply and ran the risk of fuel shortages. The updated transportation contracts and the brand-new takeover plans, reliable from Monday, adhere to all pertinent sanctions and arrangements, consisting of those...

Transportation

Russia's September western port oil loadings to rise 1.5% m/m, sources state

Russia will increase oil exports via its western ports to 1.98 million barrels each day ( bpd) in September, up by just 30,000 bpd from August, in spite of anticipated start of seasonal maintenance on Russian refineries, two trade sources stated on Friday. Russia needs to supply its own market with sufficient petroleum to produce motor fuels important to meet demand, however usually local refineries begin big seasonal maintenance and cut runs, which leads to greater accessibility of crude oil for exports. Russia's August oil shipments from Primorsk, Ust-Luga and Novorossiisk will rise just 1.5% every day from August plan,...

Transportation

Sibur to issue domestic bonds to fund Amur Gas Complex

Subur, the Russian petrochemical company, plans to issue domestic bonds by the end of this year to finance the Amur Gas and Chemical Complex (GCC), said Chief Executive Mikhail Karisalov on Friday. However he did not reveal the size of the bond. Amur Complex in Russia's Far East is a joint-venture with Sinopec, which will start in 2027. It will become one of the largest polyethylene and polypropylene producers in the world. Karisalov told the Eastern Economic Forum, held in the Pacific port city of Vladivostok, that "we are already at an advanced stage" with the preparations for the bond...

Transportation

Ukraine's Kyivstar to increase financial investments in energy durability, CEO states

Ukraine's leading mobile operator Kyvistar will ramp up financial investments to enhance its energy durability amidst Russia's intensified attack on the nation's. power grids, CEO Oleksandr Komarov informed Reuters on Thursday. Ukraine has been facing a significant energy deficit considering that. Moscow restored its attack on power grids and transmission lines. last spring, triggering day-to-day blackouts of approximately 12 hours in major. cities consisting of the capital Kyiv. The nation's telecoms regulator stated in July that mobile. operators must be able to cover failures of approximately 10 hours at. their stations from February, instead of the four needed now. We...

Transportation

U.N. nuclear company will supervise Ukraine's key power substations, Kyiv states

Ukraine and U.N. nuclear firm IAEA have concurred that the agency's professionals will keep an eye on the scenario at essential Ukrainian substations in addition to nuclear plants, Ukraine's primary nuclear inspector said on Thursday. Over half of the electricity consumed in the nation is created at three nuclear reactor, but Russian missile and drone attacks on substations threaten the stable operation of nuclear power plants, Oleh Korikov told a televised instruction. It was concurred that IAEA would broaden its functionality, its presence in Ukraine, which electrical substations, which are important for the safety of nuclear power plants, would likewise...

Transportation

Russia wants to keep gas transit via Ukraine to Europe, Putin says

President Vladimir Putin stated on Thursday that Russia aims to keep pumping gas through Ukraine to the European Union but included that Moscow could not force Kyiv to keep the transit agreement which expires at the end of this year. As for Ukraine, we are not abandoning this transit, strangely enough. Why? Since we, and Gazprom, intend to satisfy all our commitments to our consumers with whom we have long-term agreements, Putin said. There is a transit contract that ends on December 31 of this year. However if Ukraine refuses this transit, well, we can't. force it, Putin stated. Putin...

Transportation

Russia's Gazprom Neft will start gas output at Eastern Siberia task in 2026

Gazprom Neft , the oil arm of Russian energy giant Gazprom , will start gas output at its Chona task in Eastern Siberia and will have facilities in location for oil output there in 2026, business head stated on Thursday. Far-flung hydrocarbon riches in Eastern Siberia are important for Russia's oil and gas production as fields in Western Siberia are ending up being progressively depleted after a number of years of production. The company sees terrific possible for projects in Eastern Siberia, because they are concentrated on the supply of hydrocarbons to promising markets in the Asia-Pacific countries, Alexander Dyukov...