Oil Jumps As Support For Cut Extensions Grows

Friday, October 22, 1999
Oil prices surged on Friday as traders began to take seriously the prospect of an extension beyond next March of producers' supply curbs. International benchmark Brent crude traded 63 cents higher at $22.74 a barrel after Kuwaiti Oil Minister Sheikh Saud Nasser al-Sabah said he supported this week's Saudi proposal to consider leaving the output limits in place longer than the one-year term agreed last March.
Maritime Reporter January 2015 Digital Edition
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Contracts

CORIMA Orders a Damen ASD Tug 2810

CORIMA, part of the Italian Gesmar Group, has ordered a Damen ASD Tug 2810.   The Damen ASD Tug 2810, which has a 60 metric tons bollard pull, will be deployed in the port of Ancona.

Enterprise Contracts to Boost U.S. Crude Exports

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Offshore

US Proposes Allowing Oil, Gas Drilling off Atlantic Coast

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NOIA: Draft Offshore Lease Program Both Hits and Misses

National Ocean Industries Association (NOIA) President Randall Luthi issued a statement on the 2017-2022 Draft Proposed OCS Oil and Gas Leasing Program, stating the U.

New Chemical Handling Service from Ferguson Group

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