Energy

Mexico OKs 5 Shallow Water Areas in Round One Oil Tender

  Mexico has approved draft auction terms for five shallow water areas containing around 355 million barrels of oil equivalent (boe) as part of its Round One tender

Braskem to Sign Revised Naphtha Contract with Petrobras

  Brazil's Braskem SA , Latin America's largest petrochemical company, said on Friday it had agreed to a revised naphtha supply contract with shareholder Petrobras,

Iran Nuclear Talks Advancing, But No Deal Likely

  Talks on curbing Iran's nuclear program have made substantial progress, a senior U.S. official said on Friday as the White House braced for an onslaught of criticism

Schlumberger Poised to Extend Credit Line

  Venezuela's PDVSA said on Friday that oil services giant Schlumberger was poised to extend an existing credit line to the South American state oil company, without offering details.

Energy Firms Lose Round vs. NYC Funds in Proxy Access Battle

  Exxon Mobil Corp and three other large energy companies failed to block shareholder resolutions on director nomination rules put forth by New York City pension funds,

Argentine Biodiesel Exports Up 40 %

  Argentine biodiesel exports rose 40 percent on the year in 2014 to nearly 1.6 million tonnes while total production rose 29.4 percent 2.58 million tonnes, the

Petrobras' Chief Dutra Takes Leave of Absence

  Brazil's embattled state-run oil company Petroleo Brasileiro SA said on Friday that the director of its corporate-services division will take a 90-day leave of absence for health reasons.

GasLog Post 4Q 2014 Results

  GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31,

Oleo e Gas Reviewing Viability of Oil Production

Oleo e Gas Participações SA, the recently restructured Brazilian oil company, said on Friday it was reviewing the viability of continued output at its only producing

DeepWater Buoyancy Adds Gulf Coast Representation

DeepWater Buoyancy, Inc. has signed an agreement with Waters & David Co. of New Orleans for sales representation of its oil and gas products in the Gulf Coast.   Waters

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Petrobras Names Navarro to Board of Directors

Brazil's state-run oil company Petroleo Brasileiro SA said on Friday that lawyer Luiz Navarro was named to the board of directors.   Navarro will take a seat

Turkey Strikes Deal with Gazprom for Gas Price Cut

Turkey has concluded a final deal with Russia's Gazprom that will cut the price of gas it buys from Russia by 10.25 percent, Energy Minister Taner Yildiz said on Friday.

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

Pemex Posts Wider Loss in Q4

Mexico's state-owned oil company Pemex on Friday reported a wider loss for the fourth-quarter, according to a filing with the Mexican stock exchange.   Pemex said its quarterly loss totaled 115.

Watchdog Says Romanian Energy Regulator has Conflict of Interest

Romania's anti-graft watchdog has accused the head of national energy regulator ANRE of breaching its rules by simultaneously running a private gas services firm.

MES Delivers FPSO Hull to MODEC

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) delivered the hull of a floating production, storage and offloading unit (FPSO) for MODEC, Inc.   The FPSO hull

UK More Dependent on Fuel Imports as Refining Capacity Falls

Britain's net imports of petroleum products more than tripled last year, according to government figures, after a fresh wave of refinery cuts left the country unable to meet its demand.

RWE To Complete DEA Disposal Very Soon

German utility RWE said on Friday that closure of the sale of its oil and gas unit DEA to Russian tycoon Mikhail Fridman is imminent, after a media report said the date for completion will be March 1.

advertise here
 
 
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1063 sec (9 req/sec)