Closing down the inland portion of the Concord Naval Weapons Station became final as Congress approved President Bush's recommendation to shut down 22 major military bases and realign another 33 in a cost-cutting move that will save the Pentagon about $4 billion a year, according to a Contra Costa Times report. The station shut down is different from any other base closure experts can recall in two ways: Local officials lobbied for the shut down and essentially no jobs will be lost. Shutting down the base will be a multi-year process that will involve sales to developers and planning meetings where residents, business leaders, environmentalists and others will have input on the land's future. Source: The Contra Costa Times
CNOOC Ltd's Nexen unit is shutting operations at an oil field and processing facility in Yemen due to a security threat, a Nexen spokeswoman said on Sunday. The spokeswoman said Nexen determined there is an undue risk for staff working at its Block 51 field operations and BAK PF processing facility in Yemen. "As a prudent operator, we are temporarily shutting-down Block 51 PSA field facilities to ensure the safety of our people
Newswires reported that oil prices fell 2.4 percent on Tuesday as the energy industry showed signs of recovery in the wake of Hurricane Katrina and industrialized countries prepared to tap emergency supplies to avert a crunch. U.S. crude CLc1> settled down $1.61 to $65.96 a barrel, below last week's peak $70.85. Hurricane Katrina slammed into the Gulf Coast early last week, shutting down nearly all U.S. offshore crude oil production and paralyzing more than 10 percent of refining capacity
Two casino cruises from Port Canaveral were temporarily shut down by the Coast Guard, reports said. Inspectors said they found 24 violations during a routine check of the Sun Cruz Casino. The problems found involved fire equipment on the ship and the cooling system, WESH 2 News reported. The other ship in trouble is Sterling's Ambassador 2. The Coast Guard ordered it out of U.S. waters because it didn't have the proper paperwork
Freezing weather in the North Sea has forced the shut-in of close to 600,000 bpd of Norwegian oil production and is hemming in another 470,000 bpd of UK output, operators said. Temperatures, which fell far below freezing over the weekend, were up close to zero Celsius on Tuesday and raising hopes that output would resume later in the day for Norway's platforms, which had shut in 400,000 bpd worth on Monday. In the UK sector of the North Sea
According to a Dec. 16 report from WLOX, as a precautionary measure Northrop Grumman is shutting down all craft work on ships LPD 22 and LPD 24. The ships were located near the area an explosion occurred Thursday morning. Around 2,000 craft employees assigned to work on the ships were sent home. (Source: WLOX)
A major marine trade link between Canada and the United States remained closed on Sunday after a ship collided with a lift bridge in Canada's Welland Canal. The canal, which was constructed to link Lake Erie with Lake Ontario and offers a safe detour around Niagara Falls, 10 miles away, has been shut down indefinitely, disrupting traffic on the entire Great Lakes St. Lawrence system. Constable Larry Regnier of the Niagara Regional Police said a freighter was traveling north through the
Statoil preparing to halt production after notice of lockout. Statoil is preparing to shut down production on the Norwegian continental shelf (NCS) following a notice of lockout. The Norwegian Oil Industry Association (OLF) announced today that a lockout will be imposed on all members of Industry Energy (Industri Energi), the Organisation of Energy Personnel (SAFE) and the Norwegian Organisation of Managers and Executives (Lederne) who are covered by the offshore pay agreements
Tug company operator Seaspan and GUILD (the union representing captains, mates and engineers) have agreed to enter blind arbitration. GAC reported in its daily Hot Port News report. Seaspan will defer the imposition of new terms and GUILD will not take a strike vote. The situation is different, however, with the International Longshoremen Workers' Union (ILWU) representing deckhand and cook. Seaspan has withdrawn the contract imposition.
Workers at a major Israeli seaport in the southern city of Ashdod suspended operations on Tuesday following heavy rocket fire from the nearby Gaza Strip. Violence has flared in recent days across the Israel-Gaza border, and the Israeli military said on Tuesday its Iron Dome defense system shot down four Palestinian rockets in the skies above Ashdod, about 25 km (15 miles) up the coast from Gaza. The Ashdod port, which is notorious for labor unrest
The Trans Nigeria Pipeline that carries Nigeria's Bonny Light crude oil to an export terminal has been shut down since May 12, a Shell spokeswoman said on Thursday. Neither the reason for the shut down nor its expected duration were immediately clear
The Long Beach Board of Harbor Commissioners approved the Mitsubishi Cement Facility Modification Project this week, greenlighting the addition of 40,000 metric tons of additional storage capacity consisting of storage and loading silos on vacant Port property adjacent to
Ruptured pipeline spills 21,000 gallons of oil on California coast A pipeline ruptured along the scenic California coastline on Tuesday, spilling some 21,000 gallons (79,000 liters) of oil into the ocean and on beaches before it could be secured, a U.S. Coast Guard spokeswoman said.
Alaska's lone road to North Slope oil field operations remains closed for the third time in two months while emergency crews continue to redirect flooding from an adjacent river, state officials said on Friday. Alaska Governor Bill Walker's office said he would sign a second disaster
Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Now, with oil prices down by half since June
The dispute between icebreaker crew and their employer will not now shut Finnish ports. The two-and-a-half week strike on Finnish icebreakers has ended after the parties involved approved the national mediator's latest offer to solve the dispute
A nuclear submarine caught fire in a shipyard in Russia's northern province of Arkhangelsk on Tuesday but there were no weapons on board, Russian news agencies reported. The Emergencies Ministry declined comment on the reports of the fire at the Zvyozdochka shipyard
Firefighters at Zvyozdochka shipyard in Russia's northern province of Arkhangelsk partially flooded a nuclear-powered submarine to extinguish a blaze that started aboard the vessel. The vessel - classified as Oscar-II by NATO - is a cruise missile type sub which carries nuclear
Risks faced by today’s global businesses represent a combination of traditional concerns and newer threats that reflect changing times. The 2015 Allianz Risk Barometer, a survey of more than 500 corporate insurance experts and risk managers from 47 countries
Ships carrying rescued migrants arrive in Italian ports; Eight more suspected of human trafficking detained in Sicily. As many as 5,000 migrants a week could arrive in Italy by sea from North African ports in the next five months unless something is done about the issue
Australia's Newcastle port, the world's biggest marine coal export terminal, will reopen later on Thursday after shutting down earlier this week due to a heavy storm, according to the port. Australia's biggest coal companies, including BHP Billiton Ltd , Glencore Plc, Rio Tinto
Drilling contractor Hercules Offshore Inc forecast a challenging year ahead as demand for its rigs remains weak with producers scaling backing drilling due to a slump in global oil prices. Shares of the company, which reported a smaller-than-expected loss
Argentina's grains hub of Rosario was paralyzed on Thursday by the second day of pay strikes by unions representing stevedores and other workers needed to dock and load recently-harvested soy and corn, union and management spokesmen said.
Jotachar JF750, the mesh-free Passive Fire Protection (PFP) for all jet fire scenarios, an epoxy coating system for structural steel, has generated industry interest, securing numerous global contracts and praise from applicators, fabrication yards and operators, the manufacturer said.
Rapper Mahdi Babika Mohamed's journey to a better life in Europe started in his native Sudan and passed through Libya and Turkey before abruptly ending in a squalid abandoned factory at Greece's western port of Patras. There, the 37-year-old is one of hundreds of migrants making desperate