Bankrupt Walter Energy to Auction US Coal Assets

Bankrupt Walter Energy Inc received court approval on Tuesday to auction its coal assets as part of a proposal to emerge from bankruptcy that has faced fierce opposition

Lithuania Seeking to Renegotiate LNG Supply Contract with Statoil

Lithuania is seeking to renegotiate a liquefied natural gas (LNG) contract with Norway's Statoil due to falling demand, head of energy group Lietuvos Energija said on Tuesday.

Shell Fined by Scottish Court for 2011 North Sea Oil Spill

Oil major Royal Dutch Shell was handed a 22,500 pound ($33,919) fine by a local Scottish court on Tuesday for a 2011 oil spill in the North Sea that was the largest in more than a decade.

Russia to Complete First Stage of Crimea Energy Bridge

Russian Energy Minster Alexander Novak said on Tuesday the first stage of an energy bridge from Russia to Crimea would be completed by Dec. 20, RIA news agency reported.

Brazil's QGEP Says Test of Carcara Area Promising

Formation tests run in the Carcara offshore area by Brazilian oil explorer Queiroz Galvao Exploracao e Producao SA have showed results as promising as the best subsalt discoveries so far,

Tidal Energy from Deep and Slow Waters

Deep Green, an underwater kite construction from the Swedish company Minesto, is set to be deployed in 2017 at the Holyhead Deep site off the coast of Anglesey, Wales.

North Dakota 'man camps' Face Eviction

Providers of temporary housing for North Dakota's oilfield workers are fighting a plan by the state's energy capital to evict their "man camps," fearing it could

Philippines Takes South China Sea Claim to Hague

Could bolster claims by other countries against China; China boycotting proceedings, rejects court's authority. The Philippines asked global judges on Tuesday

Hedge Fund Short Positions and 2015 Oil Prices

U.S. oil prices have cycled between $40 and $60 per barrel since the start of 2015 and the rise and fall has corresponded with the accumulation and liquidation of hedge fund short positions.

Oil Rises on Middle East Tension, Weaker Dollar

Turkey downs Russian-made fighter jet near Syrian border. Oil prices rose on Tuesday as tensions in the Middle East escalated following the downing of a Russian-made

Fredriksen's Firms See Diverging Fortunes

Rig firm Seadrill sees tough market continuing in 2016. Firms in Norwegian-born billionaire John Fredriksen's empire saw contrasting fortunes on Tuesday, as rig firm Seadrill booked $1.

Russia to cut Baltic December Oil Exports

Russian Urals crude oil exports from Baltic Sea ports are seen declining next month, a preliminary loading schedule showed on Tuesday. Urals supplies from the

India Opposes 2100 Fossil Fuel Phaseout

India would reject a deal to combat climate change that includes a pledge for the world to wean itself off fossil fuels this century, a senior official said, underlying

Lukoil Predicts Similar 2016 Russian Output

Oil producer Lukoil aims to maintain output in Russia at this year's level of 86-87 million tonnes and to increase it by 1.5-2 million tonnes in 2017, its chief executive,

Technip to Supply Reformer for STAR Hydrogen Plant

  Technip has been awarded a lump sum contract to supply its proprietary technology, detailed engineering and procurement services for a reformer for a hydrogen plant.

Sound Energy Confirms Badile Well Cost Reduction

  Sound Energy, the Mediterranean focused upstream oil and gas company, is pleased to announce a significant reduction in the estimated cost of the forthcoming Badile exploration well.

Ecoslops Opens 'Slops' Processing Refinery

Ecoslops, the first company to develop technology to produce recycled marine fuels from marine oil residues (‘slops’), has announced that its refinery in the Port of Sinès,

Navios Maritime to Axe Dividend

Navios Maritime Holdings Inc. a global, vertically integrated seaborne shipping and logistics company, today reported financial results for the third quarter and nine months ended September 30, 2015.

BG Group secures equity in Aphrodite Discovery, Offshore Cyprus

BG Group today announces it has taken a 35% holding in Block 12 offshore Cyprus which includes the Aphrodite gas discovery. This upstream position provides

Technology Readiness Levels Defined for Oil Spill Response

  Bureau of Safety and Environmental Enforcement (BSEE) staff participated in a workgroup meeting at the bureau's Ohmsett facility in Leonardo, N.J., as part of

Maritime Today

The Maritime Industry's original and most viewed E-News Service

advertise here
rss | archive | history | articles | privacy | 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: 0.1532 sec (7 req/sec)