On March 20, 2014, Vietnamese Minister of Transport Nguyen Hong Truong, cut the ribbon for the latest addition to Damen Shipyard Group’s portfolio. Damen Song Cam is a new yard,
The month-long closure of a key Colombian oil pipeline following a bomb attack has cut the Andean nation's daily crude output by about 72,000 barrels, or about 7 percent,
Iranians have rushed to gas stations to fill their cars before a price surge expected at midnight on Thursday, as President Hassan Rouhani pushes ahead with a policy to cut fuel subsidies.
The World Bank has approved a $100 million grant for power-starved Burundi to help fund two hydropower projects that will almost double the east African country's tiny electricity output,
Russia is very keen to press ahead with construction of the South Stream pipeline that will carry Russian gas to Europe avoiding Ukraine, the CEO of Italian oil service group Saipem said on Thursday.
Puma Energy, partly-owned by Trafigura, expects to get a quarter of its revenue from the Asia-Pacific region in the next few years by building new oil import terminals and raising fuel sales volumes,
An opportunity is coming up for small and medium enterprises and marine research organizations to apply for access to a network of European ocean observatories
Prosecution for the charges of trespassing and firearms possession against AdvanFort stopped until quash petition hearing.
The Madras High Court started hearing
Mammoet, a global company in engineered heavy lifting and transport, said it is currently employing its LR13000, the biggest crawler crane in the world, to install
In order to provide reliable solutions for subsea installation in increasingly deeper water and offshore construction in severe weather conditions, Huisman introduces
Damen is to construct a new ASD 3212 tug for Scafi, the Italian shipping group that includes a number of international towing companies. The contract cements their
Knightsbridge Tankers Limited and Frontline 2012 Ltd. have announced an agreement to combine Frontline 2012's remaining fleet of 25 fuel efficient vessels with Knightsbridge.
Russia's No.2 crude oil producer Lukoil said on Thursday it plans to develop more oilfields in Iraq after it began commercial production from the giant West Qurna-2 field last month.
IHC Merwede has strengthened its North American operations and reinforced its presence in Houston, Texas with a strategic appointment at the IHC Merwede America Corp.
Laborde Products hosted a three-day Mitsubishi engine training sminar in Covington, Louisiana for its North American dealers.
The company welcomed representatives
ExxonMobil said on Thursday that its Midline UK pipeline had resumed operations after its closure following the discovery of fuel theft and a tapping device.
State-run Petroecuador has launched two tenders to buy a total of 22 cargoes, 240,000 barrels each, of high octane naphtha RON 87 and 93 for delivery starting on May 21-23,
European spot power prices dropped on Thursday on forecasts for warmer weather and a rise in wind power production in Germany and France.
German baseload for Friday delivery was 1.
Dubai-owned port operator DP World is in talks with lenders to triple the size of an existing $1 billion loan, as well as extend the lifespan and reduce the interest rate,
Fire is still burning at the Williams Cos Inc's natural gas processing plant in Opal, Wyoming, that exploded on Wednesday afternoon, a company spokeswoman said on Thursday.