According to a Nov. 29 report from The Wall Street Journal, Maersk Oil has been awarded a license covering Block 9 in Baffin Bay, offshore West Greenland. The frontier exploration block is 11,802 sq km.
(Source: The Wall Street Journal)
Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.
Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway
DNV GL president and CEO Henrik O. Madsen was appointed as chairman
Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an