Finance

US Energy Infrastructure Revamp May Unlock $6-trillion Market

U.S. Secretary of State John Kerry said Monday the United States could potentially unlock a $6 trillion energy market by revamping the country's fractured electricity grid,

Oil Prices Fall on Sluggish Demand, Ample Supply

Crude oil futures fell on Monday as ample supply and slowing economic growth in Europe and China outweighed expectations of a cut in oil output from the Organization

Veresen Buys Stake in Ruby Pipeline

Veresen Inc said it would buy Global Infrastructure Partners's 50 percent convertible preferred interest in Ruby pipeline system for $1.43 billion. The company,

NOAA Orders Newbuild Navigation Response Boats

NOAA today announced that Lake Assault Boats of Superior, Wisconsin, will build two small vessels for the Office of Coast Survey's navigation response program,

TOTE Receives $324.6m Title XI Loan Guarantee

New vessels will create jobs, increase amount of cargo moved between Florida and Puerto Rico U.S. Transportation Secretary Anthony Foxx today announced the approval of a $324.

MN 100: Alternative Marine Technologies LLC

62 Southfield Road, Suite 214 Stamford CT. 06902 Website: www.alternativemarinetech.com E-Mail: rkunkel4@gmail.com President / CEO: Robert Kunkel Number of

Total to Sell More Assets, Cuts Oil Output Target

Total will step up asset sales and overhaul exploration after cutting its oil output targets and the French oil company also said it was seeking European funds

Steep Fall in Wind Output lifts Spot Prices

A steep fall in wind generation in the region lifted central European power prices on Monday, traders said as an 858 megawatt reactor in Poland returned to the

Indonesia Sets 2015 Energy Subsidies Lower Than This Year

Indonesia's government is set to spend 1.6 percent less on energy subsidies next year, parliament's budgetary committee said on Monday, providing much needed fiscal

Giken Sakata Expands its Oilfield Assets Portfolio in Indonesia

Substantial net revenue interest and rights to manage 70 additional wells The additional oil fields are expected to contribute to the Group’s earnings

Countries, Companies Mobilize Around Carbon Pricing Ahead of UN Summit

The World Bank will say Monday that 73 national and 11 regional governments and some 1,000 companies will join forces to push for policies setting a price on carbon

Day Ahead Price Up on Wind Lull, Curve Down

A sharp decline in wind power capacity on Monday boosted European prompt power prices for the day ahead, traders said, adding that renewable power supply would pick up later in the week.

Siemens Sees No Large O&G Buys Soon

Germany's Siemens does not foresee any further significant acquisitions in oil and gas equipment following its agreement to buy Dresser Rand for $7.6 billion, it said.

European Front-Month Price Dips on Subdued Demand

European thermal coal lost more ground on Monday on weak demand, taking the front-month physical contract down more than 5 percent since the start of the month.

Statoil: New Compressor Means Heightened Production

The new compressor in operation on the Kvitebjørn field in the North Sea from 17 September will increase production there by 220 million barrels of oil equivalent

Oil Below $98, Demand Sluggish, Ample Supply

Weak economic outlooks in Europe, China weigh; Investors look past possible OPEC output cut. Libya fighting closes refinery, cuts oil output. Brent crude oil fell below $98 a barrel on Monday,

India's Coal Imports Causing Port Congestion

Congestion at Paradip expected to ease in a week if rains stop; higher-than-usual congestion at some other ports too. Indian power and steel companies are importing

Siemens Buying Dresser-Rand, Shale Boom Beckons

Bids $83 per share in agreed deal, biggest in its history. Sells stake in household appliance JV for 3 bln euros; Sulzer withdraws from contest. Germany's Siemens has agreed to buy U.

Barclays Investing $1.6 bln in Green Bonds

Current portfolio of green bond investments at 430 mln stg; green bonds raise capital for low-carbon investments. Barclays will invest at least 1 billion pounds ($1.

Israeli Solar Firm Looks to Operate 24/7

Promises more effective heat storage than current methods. Company expects quick market penetration; says can match fossil fuel-fired power plants on price. An Israeli solar power company,

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: 0.3526 sec (3 req/sec)