Suncor Launches Hostile Bid for Canadian Oil Sands

Suncor Energy Inc launched a hostile bid for Canadian Oil Sands Ltd as the slump in oil prices encourages consolidation in Canada's oil sands industry, which has

U.S. to Announce Resolution Over 2010 BP Oil Spill

The United States on Monday will announce its resolution of federal and state claims against BP PLC over the 2010 Deepwater Horizon Oil Spill, the U.S. Department of Justice said in a statement,

Höegh Autoliners Appoints Agents in Finland

  Höegh Autoliners has appointed Scandinavian Shipping & Logistics (SSL) as its agent in Finland from 1 December 2015.   SSL, which has worked with Höegh Autoliners

Smith Taken on Rolls-Royce Holdings Board

  Rolls-Royce Holdings plc today announces the appointment of Sir Kevin Smith CBE as a Non-Executive Director.  Sir Kevin will join the Board with effect from

Incat Ferry Order from Denmark

  Incat Tasmania Pty Ltd, Australian shipbuilder, has secured a contract for the construction, delivery and long term charter of a large fast vehicle ferry for Danish company Mols-Linien A/S.

Polarcus Q3 Vessel Utilization Rises

Polarcus Limited announced the release of the Company's Third Quarter 2015 vessel utilization. Following are the results:

New Chair for Townsville Port

  The Palaszczuk Government has appointed one of Queensland’s most respected businesswomen, Renita Garard as the new Chair of the Port of Townsville. In a statement released earlier today,

Kinder Morgan's TGP for Lowering Energy Cost

  Kinder Morgan, Inc. subsidiary Tennessee Gas Pipeline Company (TGP) today issued the following statement with regards its participation in the  Massachusetts

New Jersey Transportation Chief to Resign

New Jersey Governor Chris Christie on Friday said his transportation commissioner Jamie Fox would step down by the end of the month to return to the private sector after only a year in the position.

Eletrobras says Compensation for Hydro Plants Could be $330 mln

  Brazil's state-run utility Eletrobras said on Friday a report into six hydroelectric plants found the assets had a remaining value of 1.3 billion reais ($332

Brazil Court Allows Lula Questioning in Petrobras Corruption Case

  Brazil's Supreme Court authorized the questioning by Federal Police of ex-President Luiz Inácio Lula da Silva as a witness in a broadening corruption case focused

Finland's Regional LNG Import Terminal Plan Dropped

  Finland's gas utility Gasum said on Friday it has dropped plans to build a regional liquefied natural gas (LNG) import terminal and a gas link to Estonia, citing

NH Court Upholds Water Pollution Judgment Against Exxon

  New Hampshire's top court on Friday upheld a $236 million judgment against Exxon Mobil Corp over groundwater contamination linked to gasoline additive MTBE. The

Nigeria's Former Oil minister Arrested in London

Nigeria's former oil minister Diezani Alison-Madueke was arrested in London on Friday, a source from Nigeria's presidency circle and another with links to her family said.

Saipem Confident Will Prove it is Not Liable in Algeria Trial

Italian oil contractor Saipem said on Friday it was confident it would be able to prove that there were no grounds for the company to be held liable in a corruption trial.

Saipem to Stand Trial in Algeria Corruption Case

A Milan judge on Friday ruled that Italy's Saipem and five people should stand trial on charges the oil services group paid bribes to win contracts in Algeria, legal sources said.

Gazprom, Wintershall Complete Asset Swap

  Gazprom and Wintershall Holding completed the asset swap. As a result of the deal, Gazprom increased its share in European gas trading and storage companies WINGAS,

EMGS Agrees New Vessel Terms

  Electromagnetic Geoservices ASA (EMGS) has signed an extended charter agreement for the vessel BOA Thalassa with BOA SBL AS (owner of the vessel) at new and improved commercial terms.

RigNet Partners Inmarsat to Offer Fleet Xpress

  RigNet, Inc., a global provider of remote managed offshore communications solutions, telecoms systems integration services and collaborative applications to the oil and gas industry,

IACC Focuses on $ 500 Bln Indo-US Trade

  The Road Map to $500 Billion Indo-US Trade  by 2025 was the focus  of the Annual Convention of the  Indo-American Chamber of Commerce, on September 28th and 29th, 2015 in Mumbai.

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