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Oil Jumps; Canada, Nigeria Outages Bolster Prices

May 13, 2016

Brent jumped more than 4 percent on Tuesday while U.S. crude settled up more than 2 percent, after a late burst of buying driven in part by expectations that record U.S. crude inventories would not swell by as much as they have in recent weeks. Crude supply outages in Canada, Nigeria and elsewhere boosted prices…. Continue Reading »

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PPC-1 Cable Repair Almost Complete

March 11, 2016

TPG, an operator of PIPE Pacific Cable 1 (PPC-1) system stretching from Sydney to Guam, informed that the cable vessel started the repair work on the faulty cable. Since the vessel, which usually conducts the repairs in the region, Ile De Re, is working on therepair of the Basslink cable, the company contracted another vessel to do the… Continue Reading »

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Alcatel’s Lodbrog Vessel to Repair PPC-1 Subsea Cable?

February 24, 2016

Alcatel Submarine Networks’ cable ship Lodbrog has reportedly been contracted to repair PPC-1 submarine cable which experienced an outage earlier this month. According to media reports, the Lodbrog will replace another ship which usually conducts repairs on the cables in the region, but it is currently working on the repair of Basslink cable system. The operator… Continue Reading »

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PPC-1 Subsea Cable Out of Service

February 10, 2016

TPG, an Australian telecommunications provider, has informed its customers about the Sydney-Guam submarine cable outage. According to the company’s update, submarine line card of the PIPE Pacific Cable 1 (PPC-1) cable system has lost its payload. The company discovered the fiber fault approximately 4,590 kilometers from Guam. The nature for the fiber fault has resulted in… Continue Reading »

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Basslink Subsea Cable Fix to Take Longer than Expected

January 16, 2016

Basslink, a subsea cable connecting George Town in Tasmania and Loy Yang in Victoria, will experience additional 30-day outage, Tasmanian Government said Thursday. The fault in subsea cable was discovered on December 20, 2015, and the owner, Basslink, informed that the possible fault was approximately 100km off the Tasmanian coastline in Bass Strait. Parallel with… Continue Reading »

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US Weather Snarls Some Oil, Products Flows In Midwest, South

December 30, 2015

Severe weather in parts of the U.S. South and Midwest has disrupted regional shipments of some refined products and oil, including a trickle of crude trucked into the storage hub of Cushing, Oklahoma. Sources said several truck racks, which serve as distribution centers to move refined products such as gasoline and diesel to market, reported… Continue Reading »

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Norway’s Gas Production Hit by Massive Outages

January 16, 2015

Gas output from Norway, Western Europe’s main natural gas supplier, will be hit by a massive outage at the country’s biggest gas field Troll, the country’s gas system operator Gassco said. The Troll’s production capacity will be reduced by 117 million cubic metres (mcm) per day on Wednesday, and the outage could last for one… Continue Reading »

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