Energy North, formerly North Scotland Industries Group (NSIG), is launching the first annual Energy North Awards to celebrate energy in Scotland.The 130-plus member organization’s awards will recognize contribution to developing the energy…
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Rob Shaw has been appointed to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Mr. Shaw assumes this position, Robert L. Herrin…
More than a year after the largest oil spill in history, perhaps the dominant lingering question about the Deepwater Horizon spill is, “What happened to the oil?” Now, in the first published study to explain the role of microbes in breaking down the oil slick on the surface of the Gulf of Mexico…
Rowan Companies, Inc. (NYSE: RDC) announced that Thomas P. Burke has been appointed to serve as the Company's Chief Operating Officer, and Melanie M. Trent has been appointed to serve as Senior Vice President, Chief Administrative Officer and Corporate Secretary…
Eni has completed the sale of its 100% participation interest in Gas Brasiliano Distribuidora S.A. ('GBD'), a company that markets and distributes natural gas in the State of São Paulo - Brazil, to Petróleo Brasileiro S.A. ('Petrobras'), through its subsidiary Petrobras Gás S…
Statoil's second quarter 2011 net operating income was NOK 61 billion, a 129% increase compared to NOK 26.6 billion (nearly $11.3 billion) in the second quarter of 2010. The quarterly result was mainly affected by a 32% increase in the average prices for liquids measured in NOK…
As Germany seeks to replace its shuttered nuclear reactors, it appears that the country will likely to become the biggest customer for the Netherlands' first liquefied natural gas (LNG) terminal within two to three years, according to a report on Reuters…
Germanischer Lloyd has appointed Nikeel Idnani as Business Development Manager for the Area Middle East / Africa, based in Dubai. Idnani has been in Dubai for eight years and brings with him Sales and Marketing experience from the ship repair…
Hybrid Car Carrier launch scheduled for June 2012Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) announced the exterior and basic design of the hybrid car carrier aiming at zero emissions while berthed had been determined. As a “project…
The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015…
A bright future is forecast for the LNG industry, as long-term gas demand drives major investment in global LNG facilities. A new report from energy business advisors, Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor…
Today, Statoil (OSE: STL, NYSE: STO) presented its long term growth outlook. The company expects to raise production from around 1,9 million barrels in 2010 to above 2.5 million barrels of oil equivalents per day in 2020. With premium positions…
MAN Diesel & Turbo used the world premiere of its MAN B&W ME-GI gas engine in Copenhagen to present efficiency technologies for its twostroke engines, namely its WHR (Waste Heat Recovery) systems, that include its TCS-PTG turbines, and which are offered as an integrated solution…
Oil and gas industry professionals are divided in opinion on whether the price of a barrel of oil will exceed $150 by the end of 2011, according to an Industry Snapshot poll conducted by GL Noble Denton at the SPE Offshore Technology Conference (OTC) 2011 in Houston…
Stressing the importance of scientific integrity in decision-making regarding offshore energy development, Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich today highlighted the role of the…