North Dakota's strict new standards for oil treatment, requiring every barrel of crude be filtered for dangerous types of natural gas, should add 10 cents to the cost of producing every barrel, regulators said on Friday.That's roughly $3…
Brazil's state-run oil company Petroleo Brasileiro SA said it delayed the release of its third-quarter financial results for a second time on Friday as a result of new developments in a widening corruption probe.Prosecutors on Thursday…
The Gazprom Management Committee addressed the Company's large-scale efforts aimed at implementing the Eastern Gas Program.It was noted that the gas industry growth in Russia's East was strategically important for the socioeconomic development of eastern regions…
Petrobras clarifies that it has been decided not to publish the financial statements for the third quarter of 2014 not reviewed by the independent auditors in view of the new incidents, after the day November 13, 2014, relating, directly or indirectly…
Inchcape Shipping Services (ISS), the world's leading maritime, cargo and supply chain solutions provider has announced a key hire to its senior management team with the appointment of Steve Schollaert as Executive Vice President for North America region…
Leighton Holdings today announced it had entered a binding agreement for the sale of John Holland to CCCC International Holding Limited (CCCI).CCCI is a wholly-owned subsidiary of China Communications Construction Company (CCCC), the…
BHP Billiton last night celebrated the shipment of its one billionth tonne of iron ore to China with customers, industrial associations, joint venture partners, suppliers and employees in Shanghai.BHP Billiton’s Chief Executive Officer…
The United States Congress this week enacted the strongest statement of support for the Jones Act and the American domestic maritime industry since the Merchant Marine Act of 1936. The measure was included as part of the National Defense Authorization Act (H…
Matson Announces Upcoming Retirement of Senior Vice President, Ocean Services, Dave Hoppes; John Lauer to Succeed Hoppes, Chris Scott to Succeed Lauer Dave Hoppes, Matson’s senior vice president, ocean services, will retire March 31, 2015…
The Royal Canadian Navy on Friday imposed an almost total ban on sailors drinking at sea after a warship had to be recalled from an international exercise because inebriated crew members got into trouble. Sailors had hitherto been allowed to drink off duty…
Maria Damanaki, former European Union Commissioner for Maritime Affairs and Fisheries, will join the Nature Conservancy (TNC) as Global Managing Director for Oceans. With over 30 years of public service in Europe, Damanaki most recently…
China has added nine shipyards to its 'white list' of firms deemed worth of favourable policy support, as it attempts to tackle overcapacity that has weighed on the global shipping market. In September, it published a list of 51 yards which it later cut to 50…
GAC Hong Kong, part of the global shipping, logistics and marine services provider GAC Group, has marked 40 years in operation with an event celebrating the company’s growth into one of the leading ship agents and logistics services providers in the territory…
Speaking at a high level Dialogue on Protection at Sea, hosted by the United Nations High Commissioner for Refugees (UNHCR) in Geneva, the International Chamber of Shipping (ICS) has called on governments to address the growing refugee and migrant crisis in the Mediterranean…
The International Association of Classification Societies chaired by Philippe Donche-Gay of BV held its December Council meeting yesterday in London. The flagship Common Structural Rules project for bulk carriers and oil tankers was discussed…