The transaction has the value of $0.72 Per Common Share Plus Repayment of Debt; acquisition Accretive to Matson's Earnings and Cash Flow. Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations.A Matson…
Recruiting hires reflect demand for talent in the oil and gas and maritime sectors, across the U.S. and globeFaststream, an oil and gas and maritime recruiting and staffing services company, hired eight recruiters in its Houston and Fort…
The International Bunker Industry Association (IBIA) has announced a series of measures to support companies and individuals impacted by last week’s collapse of OW Bunker. In Singapore, IBIA will be taking part in dialogue sessions led…
Rowan Companies (NYSE: RDC) appointed Stephen M. Butz as Executive Vice President, Chief Financial Officer and Treasurer, effective December 1, 2014. Butz joins the company from Hercules Offshore, Inc., where for the past nine years he has served in various corporate development…
Two senior trading heads have left Brightoil Petroleum Holdings Ltd, and the company has hired a former executive from China's state-run Sinochem, marking a reshuffle at its Asia trading operations, senior trading sources said.Brightoil's…
Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced financial results for the quarter and half year ended September 30, 2014.The company reported a 67.7 per cent rise in consolidated net profit at $ 95…
The South Australian Liberal Party risks damaging investor and public confidence in the natural gas industry by moving to establish a Parliamentary inquiry into hydraulic fracturing – an industry practice that has been used safely in the State for many decades…
The Board of Roc Oil Company Limited (ROC) has today announced the appointment of Dr Yuanlin JIANG, Mr Yao XU and Mr Qunbin WANG as Non-Executive Directors of ROC, as nominees of Transcendent Resources Limited (Fosun), a wholly-owned subsidiary…
Keppel Telecommunications & Transportation (Keppel T&T) has today issued a circular to Keppel T&T shareholders together with a notice of extraordinary general meeting (EGM).Approval will be sought at the EGM, which will be held on 25 November 2014…
Russia's largest hydropower producer, RusHydro , signed agreements with two Chinese companies on Sunday that will boost Chinese investment in Russia's energy sector and could increase Russia's electricity exports to China.RusHydro and China…
Egypt, facing its worst power crisis in decades, on Saturday pledged greater energy cooperation with Greece and Cyprus, a diplomatic move that opened up the possibility of progress in talks to import natural gas from Cyprus.Cypriot President…
When JPMorgan Chase & Co agreed to lead a $700 million bond offering for Russian gas producer Gazprom OAO, it was doing business that some U.S. banks are afraid to do, several lawyers and a banker said.Gazprom faces U.S. sanctions after the U…
Natural gas workers in Peru, South America's biggest exporter of liquefied natural gas, said on Friday they had pulled out of wage talks with Argentine energy company Pluspetrol and would vote on a possible strike in a few weeks.Pluspetrol leads the consortium that taps Peru's Camisea fields…
Fortis Inc. President and Incoming CEO, Barry Perry, will present at the 49th Edison Electric Institute (EEI) Financial Conference in Dallas, Texas on Thursday, November 13, 2014 between 9:00 am and 9:40 am (Central Time). A live and…
The global shipping market is unlikely to see a recovery during the next two years as it grapples with an oversupply of vessels, the chairman of China's largest shipping group said on Wednesday.The sector has been battling overcapacity since…
