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…
Libyan state security guards have started a protest at the eastern Hariga oil port, banning any oil exports, a Libyan oil official said on Saturday.A tanker had been waiting for three days to lift oil but the guards did not allow it, the official said…
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…
Norwegian broadcaster NRK today reported that Aker Solutions' fabrication yard in Egersund, Norway, will be letting 1,500 temporary workers go after the new year. While it is common practice at the yard to adjust the temporary workforce to existing activity levels…
On November the 6th, Zamakona Yards Group successfully completed the launch of the ship “Ocean Falcon” at its facilities in Pasajes (San Sebastian, northern Spain).The ship is the third Zamakona Yards launches, of all three signed with the Norwegian shipping company Atlantic Offshore A…
A ceremony was held today at Hanoi University of Science and Technology (HUST), in Hanoi, Vietnam, to mark the commencement of the fifth year of courses endowed by Mitsubishi Heavy Industries, Ltd. (MHI). The courses are conducted at the…
Proserv apprentice technician Marnie Toal was presented with the Apprentice of the Year Award last night, Thursday November 6, after being judged to have made a very significant impact on the oil and gas industry during her relatively short career…
Adonis AS (Adonis), a provider of global maritime HR solutions, announced that Petroleum Geo-Services (PGS) has implemented Adonis Personnel Manager (APM) to automate crew planning processes for its multinational maritime workforce. The solution…
Following the announcement made yesterday regarding fraud in Singapore and significant risk management loss, the board of directors regret not having found able to find a solution with the syndicate banks. On this basis, it has been decided…
ABB has been recognized by Thomson Reuters as one of the world’s top 100 innovators for a third year.This award acknowledges companies around the world for their outstanding commitment to global innovation, the protection of ideas and the commercialization of inventions…
Dorian LPG Ltd. today reported its financial results for the three months ended September 30, 2014.Highlights – Second QuarterTook delivery of the second vessel under our VLGC newbuilding program, the Corsair, from Hyundai Heavy Industries Co…
The senior management of OW Bunker has today been informed about a fraud committed by senior employees in the Singapore-based subsidiary Dynamic Oil Trading (DOT). The case is under investigation. The extent of the fraud is not yet clear…
DryShips Inc. an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced…
