Iran, Syria, Sudan, Libya, Nigeria and now Iraq: the crude oil market has weathered a long list of actual and threatened supply shocks with remarkable calm.According to the U.S. Energy Information Administration (EIA), unplanned disruptions have removed around 2…
Cheap Russian gas undermines alternative supply projects Azeri plan to bring gas to Italy may collapse-analyst Plans to expand pipeline links with Algeria, East Med stalled U.S. LNG imports unprofitable at current low prices As…
Offshore energy, whether oil, gas or wind, faces a tightening regime of restrictions. In Germany, for example, the German Federal Bureau of Maritime Traffic and Hydrography (BSH) recently updated its standards for offshore wind energy units…
A consortium made up of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi, Mitsubishi Heavy Industries, Japan Marine United, Mitsui Engineering & Shipbuilding, Nippon Steel & Sumitomo Metal Corporation, Hitachi…
In a meeting in the Corporate Assembly of Statoil ASA, Svein Rennemo was re-elected as chair and Grace Reksten Skaugen as deputy chair of the board of directors.Bjørn Tore Godal, Maria Johanna Oudeman, Jakob Stausholm, Catherine Hughes and…
Morgan Stanley's head of crude oil trading in New York, Tom O'Connor, resigned last week, a person familiar with the matter said.O'Connor was a managing director who ran the New York crude oil trading desk. He joined Morgan Stanley in 2000 as an associate…
Superior Energy Services has named Paul Remson as vice president of risk management, announced Danny Young, Superior’s executive vice president of corporate services.Based in Houston, Remson's responsibilities include the placement, analysis…
Singapore state investor Temasek Holdings said on Monday that Peter Robert Voser, former chief executive of Royal Dutch Shell, will join its board in January 2015.Voser stepped down as Royal Dutch Shell CEO in December. He is the second…
World first Hybrid Turbocharger with Electric-Assist function and Variable Turbine Inlet (VTI) verified its performance at Sea Trial Reducing the ship power consumption at slow steaming The car carrier that mounts the world first Hybrid…
Superior Performance Inc. (SPI), an company in premium threaded tubing and casing products and services, has appointed Mitch Thibodeaux as president.Headquartered in Lafayette, La., Thibodeaux will oversee the company’s field service operations…
The nomination committee in Statoil recommends that the company's corporate assembly elects Øystein Løseth as a new member of Statoil's board of directors.Furthermore, the nomination committee recommends the reelection of Svein Rennemo (chair)…
His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World received the Award for Excellence in Shipyard Management for Offshore Services at the First International Marine Club (IMC) Golden Helm Excellence Awards (2014)-Middle…
SUNY Maritime College has honored Richard Angerame, President and CEO of utiliVisor, as part of its 2014 Admiral’s Scholarship Dinner, the institution’s annual event to raise scholarship funds for outstanding current and future Maritime students…
John Mack, a former chief executive and chairman of Morgan Stanley, has left the board of Russia's top oil producer, Rosneft, for personal reasons, the Kremlin-controlled company said on Thursday.The departure of Mack, aged 69, after less than a year on the board…
Siemens informed that with effect from July 1, 2014, Janina Kugel will assume the position of Chief Diversity Officer (CDO) for Siemens AG in addition to her current responsibilities as Head of Personnel Strategy and Executive Development. Ms…
