Canadian Natural Resources eyes Rail Contracts
Canadian Natural Resources, the country's biggest oil and gas producer, is looking at taking on the Alberta provincial government's contracts to move crude by rail, a senior company executive said on Thursday.Shipping more crude by rail is seen as critical for Canadian oil producers due to congested pipelines that forced Alberta to order mandatory oil curtailments this year.Alberta's United Conservative Party government said in June that it would divest rail contracts amounting to 120,000 barrels of crude per day (bpd) to the private sector this fall.
UK Shipping Lobby: 'Get a grip on Brexit'
British businesses implored politicians on Monday to stop quarrelling over Brexit and agree an orderly exit from the European Union, as some big firms set up emergency situations rooms to cope with the possible tumult of a no-deal divorce.With less than nine weeks until the United Kingdom is due by law to leave the European Union on March 29, there is no agreement yet in London on how and even whether to leave the world's biggest trading bloc.Parliament rejected Prime Minister Theresa May's Withdrawal Agreement…
Hardy Takes Over as Vitol CEO
Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO. Taylor said two years ago he was battling cancer although he continued to travel the world, chasing deals from Africa to the United States and Australia while also working as chairman of the board of trustees for London's Royal Opera House. Hardy…
Norway Shortlists DCNS, ThyssenKrupp for New Subs
Norway's Defence Minister Ine Eriksen Søreide of the Conservative Party made it clear that there would be no submarine deal with Sweden, according to the Norwegian newspaper Verdens Gang. Instead, Norwegian defense officials have narrowed down their search to French and German maritime defense firms to replace Norway's Ula-class attack submarine fleet, says UPI report. French firm Direction des Constructions Navels Services, or DCNS, and German company ThyssenKrupp Marine Systems "are the strongest candidates if Norway decides to procure new submarines…
Statoil Appoints Media Relations Head
Bård Glad Pedersen has been appointed vice president media relations in Statoil. Glad Pedersen will as vice president media relations head the corporate press office and take on the role as corporate spokesperson. He succeeds Jannik Lindbæk jr, who is appointed vice president for the communication unit in Global business service. Glad Pedersen comes from the position as state secretary (deputy minister) in the Norwegian Ministry of Foreign Affairs. He will join Statoil after having served his potential quarantine leaving his current position.