Hackers Demand $5M from Pemex

Hackers demanded about $5 million in bitcoin from Mexico's Pemex, they told Reuters on Tuesday, saying the state oil firm missed a special discount by not paying immediately after a cyberattack that fouled up the company's systems.The hack, which Pemex said it detected on Sunday…

Truckload spot market loads jump in October, reports DAT

Data recently issued by Portland, Oregon-based freight marketplace platform and information provider DAT, a subsidiary of Roper Technologies, for the month of October, in its DAT Truckload Volume Index, pointed to the highest number of spot market loads in any month going back to January 2015.

National diesel average heads up 1.1 cents, reports EIA

With a 1.1-cent gain, this week’s average came in at $3.073 per gallon.

Taming Ferry Wakes and Reducing CO2

Will Moon was one of my very early engineering interns (and also helped me finish out the second story of my house decades ago). He has since moved to the West Coast and has worked for the naval architecture firm Glosten for quite a while now.

Bosch Rexroth Bags Fugro Contract

Fugro, the global geo-data specialist, has awarded a contract to Bosch Rexroth to fully maintain and further improve Fugro Synergy’s hydraulic equipment.Fugro has worked with Bosch Rexroth for over a decade to ensure it has the best hydraulic…

E.ON, RWE Renewables Sign Clean Power Deal

Global energy company E.ON has signed an agreement to purchase clean energy from British wind farms of RWE Renewables.The 2.5-year agreement is on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid…

Babcock Wins Multiple Orders

UK-based engineering services company Babcock said that its liquefied gas equipment (LGE) arm has netted 26 orders in the LNG and liquefied petroleum gas (LPG) carrier markets so far this year.Having won 16 contracts in the LPG carrier market, plus a further 10 ecoSMRT contracts for LNG carriers so

G42, ADNOC JV for AI in Oil and Gas

With a goal of creating more artificial intelligence (AI) led solutions for the oil and gas sector, Abu Dhabi National Oil Company (ADNOC)  has signed a deal with compatriot technology company Group 42 (G42) to create a new joint venture.The…

TORM Conducts 16 Scrubber Installations

TORM, a pure play product tanker company and one of the world's leading carriers of refined oil products, expects to install a total of 44 scrubbers and has since the last quarter committed to an additional ten scrubber installations.The new…

BP, Total Pact for Adnoc LNG Supply

The state oil giant Abu Dhabi National Oil Company (ADNOC) signed agreements with BP and Total to book the majority of its liquefied natural gas (LNG) production up to the first quarter of 2022.With the transactions, ADNOC LNG has continued to expand its footprint into new regions and markets…