Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.The company emerges after a spin-off of the Subsea, Umbilicals…
President Michelle Bachelet of Chile enacted new environmental tax legislation on Friday making the country the first in South America to tax carbon dioxide (CO2) emissions.Part of a broad tax reform, Chile's carbon tax will target the power sector…
Millions of visitors and residents could hardly miss the message projected on the side of the world famous United Nations building in New York this week: 'Put a price on carbon.'At the UN's Climate Summit this week a diverse group of global leaders…
Runaway oil production could slow road traffic as drivers face longer delays to cross train tracks in many congested regions, a U.S. study released on Friday predicted.Oil, coal and grain shipments are taxing the national rail grid as…
Ivory Coast said on Friday it would file a complaint with an international jurisdiction after Ghana took legal action to resolve a dispute over the two nations' maritime border in an area rich in hydrocarbons.British firm Tullow Oil has…
The U.S. Navy has awarded a $311 million contract to General Dynamics Electric Boat to provide planning yard work, engineering and technical support for nuclear submarines. Electric Boat is a wholly owned subsidiary of General Dynamics.Under this option…
Keppel Infrastructure Trust (KIT), through its wholly owned subsidiary1, has entered into an agreement with the National Environment Agency (NEA) to provide additional incineration capacity to the Senoko Waste-to-Energy (WTE) plant, one of the three facilities under KIT's current portfolio…
In the stock exchange notice dated 13 November 2013 Höegh LNG Holdings Ltd. informed that LNG Libra, a 126,000 cubic meter LNG carrier, was chartered to Gas Natural until year-end 2014. Gas Natural has today exercised its option to extend…
San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it is spudding the Kety exploration well today, which is the first well of a three-well planned programme in the Karpaty area and Permian Basin in Poland…
Cairn is pleased to announce that it has entered into a farm out agreement for the sale of a 10% interest in the Catcher development and adjacent acreage in the UK North Sea. With effect from 1 January 2014 Dyas UK Limited (Dyas) shall acquire…
DNV GL, the world’s largest resource of independent energy experts today share the findings of its latest report “Offshore wind: a manifesto for cost reduction” at WindEnergy Hamburg 2014.Industry action on reducing offshore wind costs…
The new sulphur directive for shipping traffic within the North European SECA area, which comes into force on January 1, 2015, is good for the environment but has a significant economic impact on Stena Line's business. The whole of the change program that begun in 2013…
Liquefied Natural Gas Limited has appointed Paul J. Cavicchi as a Non-Executive Director of the Company with effect from 1 October 2014. Based in Houston, Paul brings over 25 years leadership experience in the international energy industry…
Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement with a customer worth USD 3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'It satisfying to note that our…
A U.S. judge has ruled that BP Plc cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill, NOLA.com reported on Wednesday.BP originally expected the payout program to cost $7…
