Horizon Eyes HK Float, Needs More Bulk

Monday, June 06, 2011

According to a report from The Wall Street Journal, Australia oil and gas producer Horizon Oil has considered listing shares in Hong Kong but the company lacks the scale in China to justify such a move, chief executive Brent Emmett said. Horizon increased its stake in the development of two oilfields offshore from southern China by acquiring Petsec Energy's interest in block 22/12.

 
Source: The Wall Street Journal
 
 

Finance

Hellenic Petroleum Profits Rise on Higher Exports

Hellenic Petroleum, Greece's biggest oil refiner, posted a 20 percent rise in second-quarter core profit on Thursday, with higher exports offseting lower refining margins.

China COSCO Falls to H1 Net Loss

China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday.

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0572 sec (17 req/sec)