CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire investor Carl Icahn's 2012 tender offer for the oil refiner, a New York state judge has ruled…
The U.S Energy Information Adminstration have provided projections in their short-term Energy Outlook. The highlights are as follows:Highlights * Driven in large part by falling crude oil prices, U.S. regular gasoline retail prices fell to an average of $3…
Scotland will ask Britain to help finance the cost of removing old North Sea rigs and pipelines even if it votes for independence and gains most of the oil revenues, a move that bankers and lawyers say may result in years of legal battles.An…
Continental Resources Inc, the largest oil producer in North Dakota's Bakken shale formation, said on Thursday that Rick Bott, its president and chief operating officer, had resigned.Bott, 54, was widely considered the likely successor to Continental Chief Executive Officer Harold Hamm…
A rare double burst of magnetically charged solar storms will hit Earth Thursday night and Friday, raising concerns that GPS signals, radio communications and power transmissions could be disrupted, officials said on Thursday.Individually…
Legislation promotes revitalization of maritime industry through export of liquefied natural gas on U.S. flagged shipsChairman Duncan Hunter (R-Calif.) and Ranking Member John Garamendi (D-Calif.) held a hearing Wednesday that brought together…
The U.S. government should ensure that international trade of U.S. natural gas, and potentially crude oil, will offer opportunities for the domestic shipping industry, maritime groups said on Wednesday.Booming shale gas production has put…
The U.S. Energy Department on Wednesday approved liquefied natural gas exports from two projects, as lawmakers pressed the administration to move quickly to clear a backlog of applications to ship gas abroad.Sempra Energy's Cameron LNG facility…
After making final touches to the Damen Walk 2 Work vessel, a completely new and innovative design for the offshore support vessel market, Dutch shipbuilder Damen decided to start building the vessel on speculation, marked with the start of…
A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday…
Eco Marine Power is pleased to announce that it has been named as a finalist in two categories of the inaugural Ship Efficiency Awards 2014. The Ship Efficiency Awards 2014, hosted by Lloyd's Register and organised by Fathom, will recognise…
Technip has been awarded a substantial (1) EPIC (2) lump sum contract by BP Trinidad and Tobago LLC for the development of the Juniper project, to be located off the South East coast of Trinidad.The scope of work consists of design, detailed engineering…
CWind, a provider of integrated services to the offshore wind industry, announced the appointment of Kurt E. Thomsen to lead its global sales team.Kurt, who was a major influence in the development of the crane ship concept, was one of the…
Oil Pollution and environmental technology company Vikoma International Limited has appointed Karen Lucas as its new General Manager and Director. Lucas is to take on the role and lead Vikoma’s day-to-day operations alongside the Vikoma Board…
Acorn International, an environmental and social risk management service provider, has appointed Michael Oxman as partner within its Houston office. In this role, Oxman will be the cornerstone in taking Acorn International to a new level…