People & Company News

Rocksource Soars on Arctic Securities Bid

Norwegian brokerage Arctic Securities has been mandated by a financial investor to buy at least 20 percent of oil and gas explorer Rocksource at an 80 percent premium,

India Closer to Selling ONGC Stake

Top Indian official meets bankers to discuss stake sale; India looks to raise $3 bln from sale of 5 pct stake in ONGC. Time right for divestment, says finance ministry official.

Songa Offshore Rig Suffers Engine Failure

Norwegian offshore driller Songa Offshore suffered an engine failures on its Songa Dee rig during a yard stay and the vessel will not leave the yard until Nov. 7,

Genel, Partners Find Oil off Morocco

Genel Energy and two partner firms said on Monday they had discovered oil off Morocco, giving a boost to the region whose oil and gas drilling results have so far been mixed.

Saudi August Oil Exports at 3-Year Low

Crude volumes used by local refineries at record high in August; Saudi crude exports seen around 7 mln bpd until December. Saudi fights for market share, exports to US decline.

Peabody Posts Loss as Coal Falls

Coal miner Peabody Energy Corp reported a quarterly loss, compared with a profit a year earlier, hurt by lower prices. The company's reported net loss from continuing

China Utility Aims to Triple Gas Power 2020

State utility China Huadian Corp wants to nearly triple its gas-fired power capacity by 2020, state-run China Energy News reported on Monday, part of China's campaign

Union workers Strike at Glencore Coal Mine

South Africa's National Union of Mineworkers (NUM) said on Monday its members had downed tools at the Koornfontein coal mine operated by Glencore in a dispute over pay.

Ukraine, Russia Gas Deal in the Works

Russia agrees to supply Ukraine with 5 bcm gas to March 31; winter gas price to be $385 per 1000 cubic meters. Agreement expected to be finalized on Tuesday in

Frontline appoints Macleod as new CEO

Crude oil tanker firm Frontline, part of shipping tycoon John Fredriksen's business empire, appointed Robert Hvide Macleod as chief executive to replace Jens Martin Jensen, the firm said on Monday.

Halliburton Profit Beats Street, N.America Drilling Strong

Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected quarterly profit, helped by buoyant shale drilling activity in North America.

BHP Bullish on Caval Ridge's Prospects

  Yesterday BHP Billiton Coal President, Dean Dalla Valle, was joined by the Hon. Tony Abbott MP, Prime Minister of Australia, and joint venture partner Mitsubishi in a ceremony to open the US$3.

Vice Presidents Rejig at Caterpillar Inc

Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. (NYSE: CAT)

Gazprom to Supply Gas to Serbia

  Belgrade hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dusan Bajatovic, Director General of state-owned Srbijagas.

Keppel Logistics Expands in Australia

  Keppel Logistics Pte Ltd, a wholly owned subsidiary of Keppel Telecommunications & Transportation Ltd (Keppel T&T), has expanded its logistics capabilities down

World’s 1st LNG Hybrid Barge Christened "Hummel"

  The world’s first LNG hybrid barge of Becker Marine Systems was christened with the name "Hummel" on October 18, 2014, at Grasbrook Quay in HafenCity Hamburg.

Shadrin is D.G. of Gazprom Investholding

  On October 13 the Gazprom leadership acceded to Alisher Usmanov's request for releasing him from his position as Director General of Gazprom Investholding. At the meeting Alexey Miller,

A2SEA Signs for Dudgeon

  Dudgeon Offshore Wind Limited has awarded the Charter for WTG transport and installation to A2SEA A/S. A2SEA shall provide the jack-up vessel Sea Installer

COWI NA Merges its Marine Companies

Ben C. Gerwick, Inc. and Ocean and Coastal Consultants, Inc. merger creates new player in the North American marine engineering market COWI North America, Inc.

Long Beach Officials on Trade Mission in Asia

Meeting with shipping lines to build business for Port of Long Beach Long Beach Mayor Robert Garcia, Harbor Commissioners and senior Harbor Department staff

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: 0.1226 sec (8 req/sec)