Boskalis Holding B.V., a wholly owned subsidiary of Boskalis and Smit announced that the Boskalis is making a public cash offer for all the issued and outstanding ordinary shares with a nominal value of $3.11 each in the capital of Smit.
Iraq's Kurdish region has the right to keep selling oil as long as the Baghdad government keeps cutting its budget, the head of the Kurdish parliament's energy committee said on Tuesday,
State-run oil company Petroecuador has launched tenders to buy a total volume of 3.84 million barrels of naphtha for delivery in the coming month at Esmeraldas,
Ecology issues $112,500 penalty for sunken vessel.
American Gold Seafoods faces a $112,500 penalty for an oil spill caused by the accidental sinking of its vessel,