* Iranian insurers see tie-up interest from foreign players* Local insurance market worth $7.4 bln in premiums* Iranian players seeking credit ratings to help partnerships* Caution remains over U.S. restrictions still in placeBy Bernardo Vizcaino and Carolyn CohnSYDNEY/LONDON…
The 4th Edition of Oil Spill India (OSI) 2016 is all set to be launched at the JW Marriot Sahar, Mumbai. Keeping with the current trend and the government policy of 'Make in India' the theme selected for this two-day event scheduled for 11th and 12th August 2016 is 'Commitment…
Global economics2016 continues where 2015 ended, with all eyes on China. This is mainly because of uncertainty surrounding the development of the world’s second-largest economy. When the first day of the Shanghai Stock Exchange of 2016 closed prematurely…
Abu Dhabi-based petrochemical company Borouge signed an agreement with Maersk Line to reduce carbon dioxide emissions for their shipments. Besides being the first plastics producer in the Middle East to sign the Carbon Pact with Maersk Line…
Southwestern Energy Co said it would lay off 1,100 employees, or nearly 40 percent of its workforce, as it slows down drilling activity in response to a prolonged slump in oil prices.Oil futures dropped to their lowest levels since 2003…
The U.S. Navy on Wednesday launched its first carrier strike group powered partly by biofuel to conduct operations in the Pacific. The 'Great Green Fleet' warships powered by alternative energy is a milestone toward easing the military's reliance on foreign oil…
Facing one of its worst crises in a generation, the oil industry is trying to open up - to women. Even when oil was selling at above $100 a barrel, most of the industry's top executives said they struggled to find and retain young talent…
Energy giant Chevron has signed a preliminary agreement with China's ENN LNG Trading company to supply liquefied natural gas (LNG) from its $54 billion Gorgon LNG project in Western Australia. Chevron plans to supply a unit of ENN Energy Holdings Ltd…
According to Wood Mackenzie Ltd, Europe is set to be the key destination for liquefied natural gas supplies from the U.S. after prices fell in Asia, the world’s biggest consumer of the fuel says a report in Bloomberg. The U.S. is forecast to ship about 55 percent of its total LNG production…
National Wind Farm Training Centers (NWFTC), is providing a new SHEQ review and training service for its clients in the offshore wind industry. During a recently completed pilot program, assisting in the improvement of working at height, transfer…
Euronav NV (NYSE: EURN) this morning issued a release to set the record straight with investors, from its perspective, on current market conditions in the large tanker market. According to Euronav, despite the current capital market's predominantly negative sentiment…
Royal Dutch Shell's top executive planning the integration of BG Group will become transitional CEO of BG after expected completion of the $48 billion acquisition next month, company sources said. The appointment of Dutchman Huibert Vigeveno…
Dana Gas PJSC, a publicly listed natural gas company in the Middle East, has announced several key senior management appointments. Chris Hearne was appointed as the Chief Financial Officer of the company on January 4, 2016. Prior to joining Dana Gas…
The Australian Renewable Energy Agency (ARENA) is providing $181,000 funding to support Bombora Wave Power (Bombora) to complete a detailed cost of energy study for its Wave Energy Convertor (WEC).Bombora’s WEC design uses a responsive…
NOIA President Randall Luthi issued the following statement following President Obama’s 2016 State of the Union Address: 'The President missed a golden opportunity to promote a broad-based energy policy consisting of both traditional and non-traditional sources of energy…
