A Greek ferryboat with Bulgarian passengers on board has suffered an accident near the island of Corfu.The ferry was traveling from Italy’s Ancona to Patras in Greece with 692 passengers on board and a crew of 80 people.All of the passengers have been transported to Corfu safely…
Japan would find it difficult to formulate an energy policy without nuclear power given its lack of energy resources and the high cost of utilities for companies and households, the country's new trade minister said on Sunday. Yuko Obuchi…
Nigerian oil workers' unions have called off a four-day strike after reaching a deal with the government in a dispute over pensions, they said on Saturday.A joint statement from the two main unions also said they had agreed to resolve…
Russia's Novatek may get funds from the National Wealth Fund for its Yamal LNG project before the year-end, a minister said, as part of government plans to support sanction-hit companies.Russia's No.2 gas producer, co-owned by an ally of President Vladimir Putin…
Coast Guard crews and other agencies are searching for a missing diver after he never resurfaced one mile east of Ft. Lauderdale, Florida, Saturday.Missing is Marc Raroha, 45, from Pompano Beach, Florida.Coast Guard received initial notification…
Russia's biggest oil producer Rosneft said on Saturday that Exxon Mobil was still continuing exploration drilling at their joint project in the Arctic Kara Sea.'The work on the University well is continuing according to plan. We are satisfied with the decision of the U…
The 5th ICC International Commercial Mediation Conference has brought together leading mediators, arbitrators, corporate managers and in-house counsel from around the world to focus on how companies can improve their chances of settling commercial disputes through direct negotiation…
As the eyes of the world turn to New York City, where thousands of people are expected to gather today for a massive march in advance of a United Nations climate summit, Secretary-General Ban Ki-moon yesterday welcomed UN Messenger of Peace…
Electromagnetic Geoservices ASA (EMGS) announced an agreement from Statoil Petroleum AS for the Norwegian Sea. EMGS has now received a new contract from another oil and gas company worth USD 1.0 million for acquisition of 3D EM data in the nearby area…
The Deep Sea Supply took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph' on Thursday 18 September. The vessels 'Sea Triumph' is a STX 05-L design built at Cochin shipyard in India. Main characteristics of the vessel are…
Tropical storm Polo barreled nearer on Friday to the Mexican Pacific resort of Los Cabos where thousands of troops were restoring order following widespread chaos caused by Hurricane Odile at the start of the week.Odile plowed into the…
The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.TransCanada spokesman Shawn Howard confirmed comments made…
The University of California voted on Friday to maintain its investments in fossil fuels, frustrating a student-led effort to divest its portfolio in oil, natural gas and coal.UC is among the major college endowments have been reluctant…
Colombia's top energy company Ecopetrol is targeting production of 1 million barrels of oil equivalent per day in 2015, a steep recovery over this year, clouded by rebel attacks on infrastructure and exploration failures.Ecopetrol chief…
Strong prospects in the North American marine equipment market have triggered a new importation and distribution agreement between control specialist Lilaas AS and well-known marine and offshore sales and support organization Imtra Corporation…
