At a Meeting held at the Gazprom headquarters between Alexey Miller, Chairman of the Company's Management Committee and Rainer Seele, Chairman of the Executive Board of OMV,
Volvo Penta today unveiled its new family of next-generation 5.3L V8 gasoline engines for the marine sterndrive market in a press preview at the company’s Test Center in Suffolk, Va.
Shell on Friday said gas supplies to Nigeria's LNG export terminal on Bonny Island had been reduced due to the shutdown of a major oil pipeline in the country caused by a leak and theft.
Denmark expects to maintain its current production of oil and gas for the next two and a half years according to new estimates from the Danish Energy Agency on Friday.
Recovering stock markets boost oil prices; U.S. crude on track for first weekly gain in nine weeks.
Oil prices steadied on Friday after bouncing back from six-and-a-half-year
The oil market's 10 percent surge on Thursday offered a visceral reminder that many of its most active participants could not care less about global oil inventories,
The massive $27 billion Yamal LNG liquefied-natural-gas venture in the Arctic Circle, a centerpiece of President Vladimir Putin’s plan for Russia has been squeezed by U.
Far fewer Egyptians are complaining about the kind of power cuts that fuelled unrest in the past but government energy policies apparently focused on appeasing
Nakilat-Keppel Offshore & Marine (N-KOM), the joint-venture shipyard of Keppel Offshore & Marine and Nakilat, continues to see strong interest for its ship repair services in 2015,
French oil major Total has agreed to sell some of its gas pipeline assets in the UK's North Sea to North Sea Midstream Partners, an affiliate of U.S.-based private equity firm ArcLight Capital,
PetroChina, China's biggest oil and gas producer, reported a 63 percent drop in first-half profits, with earnings upstream and in the marketing segment hit by lower prices,
Global stock markets rise on Asia, Wall Street rally.
Oil prices jumped more than 4.5 percent on Thursday after a rally in equity markets and an unexpected fall in U.
The upgraded version of the Wärtsilä 34DF engine is rapidly becoming established as an industry standard. The three major South Korean shipyards are supporting
Rosneft Trading SA, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company (EGAS) signed a Master LNG Supply and Purchase Agreement. The document
DNV GL, the technical advisor to the oil and gas industry, has been awarded a framework agreement by CLP Hong Kong to deliver risk management advisory services for its Asia Pacific operations.
UK-based manufacturer of cryogenic valves Bestobell Marine said it has seen a major increase in demand for its cryogenic valves from the marine sector in the U.
Kenichi Okamoto joins the GAC team to meet rising demand for ship agency services in the energy sector
GAC Japan is expanding its team, five months after opening an operations office in Tokyo,
Growing spot market attracts commodity trade houses; Trafigura traded 1.7 mln tonnes LNG in 2014.
Trafigura is blazing a trail for trade houses, adopting highly
Ukraine's efforts to store natural gas for winter are running 1 billion cubic metres behind their pace last year, Prime Minister Arseny Yatseniuk said on Wednesday.
China's Sinopec Corp , Asia's largest refiner, posted a 22 percent fall in first-half profit on a sharp decline in international crude prices that hit upstream earnings.