Three companies that own the vast majority of chassis serving the San Pedro Bay ports are on track to activate a “gray chassis fleet” of truck-trailers on March 1,
Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under
Contract driller Rowan Cos Plc reported a quarterly loss compared with a profit a year earlier, as it wrote down the value of 12 of its oldest jack-up rigs by $438.
Following the sanction of the Peregrino phase 2 project in December, Statoil together with its partner Sinochem submitted the Plan of Development (PoD) to the National Agency of Petroleum,
Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.
Ukrainian state gas company Naftogaz has sent $15 million to Russian gas producer Gazprom for gas supplies, Naftogaz CEO Andriy Kobolev said on Friday.
Petróleo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.
Angola will this year auction 15 new oil blocks in the ultra-deep offshore waters where most of its current oil production comes from, while rights to explore 10 onshore blocks will also be issued,
U.S. shale oil is deepening the discount of U.S. crude prices to global benchmarks, with the price gap turning into the de facto indicator of the health of American shale supply,
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.5 percent to $938 per 20-foot container (TEU) in the week ended Friday,
The market chatter over forming a giant Chinese oil major through merging PetroChina and Sinopec has ramped up again recently, but the motivations for such a deal struggle to stand up to scrutiny.
Brent premium over U.S. crude widens to $12; China's implied oil demand set to grow 3 percent this year.
Crude oil futures rebounded on Friday and Brent headed
Sweden's state-owned Vattenfall has won a tender to build a wind park off Denmark, which is expected to produce the world's cheapest offshore wind energy, Denmark's
Iridium Communications Inc. today announced the selection of four manufacturing partners that will design, manufacture and distribute products for its Iridium Certus broadband service.
L-3 SAM Electronics has been awarded a contract to retrofit propulsion control and automation systems aboard the Taiwanese Navy’s Ta Kuan hydrographic and oceanographic research vessel.
Triangle Marine Services and Marine Core & Charter host keel laying ceremony for two Aluminum Fast Offshore Support Vessels
UAE-based shipbuilder Triangle Marine
Van Oord has signed a two year contract with Falck Safety Services for the provision of safety training.
Van Oord, a contractor for dredging, marine engineering and offshore energy projects,
Company profits from oil supply glut; expects to be able to pay off convertible bond in April.
Operating profit at Norwegian tanker firm Frontline beat forecasts
U.S. oil production growth will probably flatten by the middle of the year as a result of a decline in oil prices, chief executive of top global oil trader Vitol, Ian Taylor, said on Thursday.
Transocean reports loss, Seadrill profit falls; Moody's cuts Transocean to junk.
The world's biggest offshore drillers reported plunging earnings and orders