Legal

Texas House Approves Gutting Municipal Fracking Bans

The Texas House overwhelmingly approved a bill on Friday that would give the state the exclusive right to regulate the oil and gas industry, and gut the power of

Argentina Launches Lawsuit Against Falklands Oil Drillers

Argentina announced on Friday it had started legal proceedings in one of its own courts against five British and American companies drilling for oil and gas in the Falkland Islands,

Schahin Files for Bankruptcy Protection in Wake of Scandal

Twenty-eight units of Brazilian engineering firm Grupo Schahin filed for bankruptcy protection on Friday as fallout from a corruption scandal at key client Petróleo

US Proposes Higher Royalty Rates for Drilling Federal Land

The U.S. government would get a larger share of oil and gas revenue from federal land under a proposal the Interior Department is expected to announce on Friday.

Transocean's Latest Fleet Update

  Transocean Ltd. today issued a comprehensive Fleet Status Report which provides the current status of and contract information for the company's entire fleet of offshore drilling rigs.

Steelhead Introduces a New Yacht Crane

  Steelhead Marine, a North American crane manufacturer, has expanded its product offering with the launch of the new E Series 1000 crane. Suited for commercial and recreational vessels,

SEACOR Marine Sweeps NOIA SIS Awards

  The National Ocean Industries Association (NOIA) today presented SEACOR Marine with the 2015 NOIA Safety in Seas (SIS) Culture of Safety Award and Safety Practice Award.

Keppel Post 1Q 2015 Results

  The Directors of Keppel Corporation Limited have reported the following unaudited results of the Group for the first quarter ended 31 March 2015.  2015 REPORT CARD 1.

Variable Bore Rams is 35

  Variable Bore Rams, Inc. (VBR), one of the largest original equipment manufacturer (OEM) ram and BOP component providers in the world, is celebrating its 35th

Ancasta to Launch Prestige 680

  Ancasta International Boat Sales is in the process of launching the Prestige 680, the newest luxury motor yacht from Prestige, which will have its world premiere at Cannes in September 2015.

Severn Trent De Nora's OMNIPURE Systems Get USCG Approval

  The new OMNIPURE™ Series 55/64 marine sewage treatment systems from Severn Trent De Nora have received final certification from the United States Coast Guard

Taylor to Chair NOIA Board

  The National Ocean Industries Association (NOIA) Board of Directors has elected Cindy B. Taylor as Chair and Kevin McEvoy as Vice Chairman for the upcoming 2015-2016 term.

Gazprom to Stay Ahead in Global Energy

  The Gazprom Board of Directors took notice of the information about new trends in the global energy sector and their possible impact on the world gas market structure.

Australia's Largest Solar Plant Complete

  The final solar panel has been installed at the Southern Hemisphere’s largest solar photovoltaic (PV) plant in Nyngan, New South Wales, paving the way for more

Akastor Q1 Earnings update

  Akastor ASA (Akastor) announced on February 10 2015 that its fully owned portfolio company MHWirth had to undertake a necessary reduction of its global work

Migrant Crisis Intensifies with Murder Arrests, Drownings

Italian police arrested 15 African men suspected of throwing about a dozen Christians from a migrant boat in the Mediterranean on Thursday, as the crisis off southern Italy intensified.

Spain Investigates Sinking off Canary Islands

Spain launched an investigation on Thursday into the sinking of a Russian ship off the Canary Islands, as coastguards battled a six-km (3.7-mile) oil slick close to tourist beaches.

Navy Officer Pleads Guilty to Bribery

U.S. Navy officer pleads guilty to selling classified ship schedules as part of expanding Navy bribery probe   A lieutenant commander in the U.S. Navy pleaded

Alstom UK Unit Facing Corruption Charges

Britain's Serious Fraud Office said on Thursday it had charged Alstom Network UK, a subsidiary of the Paris-listed French engineering group, with two offences of

G-7 Speaks Out On Chinese Maritime

 Foreign ministers from the Group of Seven major nations have warned against “any attempt to assert territorial or maritime claims through the use of intimidation,

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