New EC Commissioner for Transport Named

Friday, August 13, 2004
New EC President-designate Jose Manuel Barroso has selected Jacques Barrot of France to serve as Vice President, Commissioner for Transport. The current portfolio for Energy and Transport is being divided into two separate portfolios. The Barroso Commission will take office on 1 November. (HK Law)
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Nabors Posts Quarterly Loss as Drilling Activity Slows

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Crowley Ships Massive Electrical Equipment

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Finance

Nabors Posts Quarterly Loss as Drilling Activity Slows

Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.   The company posted a net loss of $891.

Cheap Oil Threatens Debt Squeeze for Smaller North Sea Producers

Small and mid-sized independent oil producers in the British North Sea could face a financing squeeze this year as banks cut lending linked to the value of oil reserves,

Royal Caribbean to Sell Splendour of the Seas

Royal Caribbean Cruises Ltd. announced that it has entered into an agreement to sell its cruise ship Splendour of the Seas to TUI Cruises in the second quarter of 2016.

 
 
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