Ophir Energy's chief financial officer, Lisa Mitchell, will leave the company on Nov. 19 after her job was made redundant as part of a cost-saving reorganisation of the board announced in August, the company said on Friday.The oil explorer…
Salvage teams and the Army Corps of Engineers have positively identified the location of the sunken Dredge Tender NICHOLAS on the western (greenside) toe of the Mobile Ship Channel just south of Light 69.According to the U.S. Coast, Sector Mobile…
The Supreme Court has ruled in favor of the Costa Rican Government and APM Terminals in an appeal filed by the port workers union against the 33-year concession contract for the new Moin Container Terminal (TCM) in Limon on the Caribbean coast of Costa Rica…
The Port of Houston's Pilot Board Investigation Recommendation Committee (PBIRC) by a vote of 8-0 has cleared the Houston Pilot aboard the bulk carrier M/V Summer Wind of any responsibility for the March 22 collision with the tow/barge Miss…
Statoil President and CEO Helge Lund has informed the company's board of directors that he will resign.Helge Lund has chosen to leave Statoil to take up the position as CEO of another international oil and gas company. The board of directors…
Chairman Mario Cordero announced that the Federal Maritime Commission has completed compromise agreements recovering a total of $503,000 in civil penalties. The agreements were reached with five non-vessel-operating common carriers (NVOCCs)…
The running of the global regime for compensation from oil pollution from ships may be under threat, due to a decision by governments to wind up the 1971 International Oil Pollution Compensation Fund (IOPCF), says the International Chamber of Shipping (ICS)…
British oil and gas producer Afren Plc sacked its chief executive, chief operating officer and two associate directors after an independent review into unauthorised payments found evidence of 'gross misconduct.'Shares in the company rose as much as 6…
Avisar Paz, the chief financial officer of Israel Corp, will take over as the conglomerate's chief executive once its reorganisation is complete, the company said on Monday.Israel Corp is planning to spin off some of its less profitable…
Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin…
Uganda will auction new oil exploration acreage by December and compensate land owners at the site of a planned crude oil refinery, a government official said on Friday.Investor interest in Uganda's hydrocarbons potential has been growing…
Chevron Corporation (NYSE:CVX) today named Mary A. Francis corporate secretary and chief governance officer effective May 1, 2015.In her new role, Francis, 50, will counsel the board of directors and senior management of Chevron on corporate governance matters…
UK-based maritime intelligence provider, Dryad Maritime has released its Q3 maritime crime figures which show that piracy is continuing across the globe at similar levels to Q2, with incidents of cargo theft in Southeast Asia continuing to rise…
Tom Allegretti, Chairman of the American Maritime Partnership (AMP), the voice of the domestic maritime industry, today highlighted the continued renaissance of the nation’s maritime sector, particularly its robust response to meet new water…
Austrian newspaper Die Presse said on Thursday the contracts of OMV Chief Executive Gerhard Roiss and the head of OMV's gas division Hans-Peter Floren may be cut short before they run out in 2017, citing a recommendation from a board subcommittee…