MSC Sinfonia Upgradation at Fincantieri Shipyard

  Extension operations on MSC Sinfonia, the second out of four MSC cruise ships to undergo the Renaissance Programme of enhancements, have begunin the past days at Fincantieri shipyard in Palermo.

Genel Energy Trading & Operations Update

  Genel Energy plc issues the following trading and operations update in advance of the Company's full-year 2014 results, which are scheduled for release on 5 March 2015.

Irving Celebrates Canadian AOPS Build Contract

Government of Canada & Irving Shipbuilding mark signing of $2.3 billion AOPS build contract; 3,600 Jobs across Canada generated from Irving’s NSPS commitments to

Yamal LNG Inks Deal with Gazprom to Sell LNG in Asia

A trading subsidary of Russian gas producer Yamal LNG has signed a long-term supply contract with a trading subsidiary of Gazprom, under which liquefied natural

Hungary Expects Gas Contract Deal from Putin Visit

Hungary should be able to agree long-term gas shipment contracts with Russian President Vladimir Putin during the Russian leader's visit to Budapest next month,

Maran Orders 4 LNGCs from DSME

Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) will build four large Liquefied Natural Gas Carriers (LNGC) for Maran Gas.   The four LNGCs

Dales Marine Fills Its Scotland Docks

Ship repair and specialist fabrication firm Dales Marine reports a first time achievement as all of its seven docks around Scotland are full for the first time today.

Xunlong Shenzhen Orders Dutch-designed Ferry

CoCo Yachts B.V. inks contract with Xunlong Shenzhen Ferry Company for one Coastal Cruiser 300 Xunlong Shenzhen Ferry Company has ordered a Coastal Cruiser 300 ferry from CoCo Yachts,

Harvey Gulf Outsources IHM to Metizoft

Harvey Gulf has signed a framework agreement with Metizoft on maintenance and quality assurance of the Inventory of Hazardous Materials (IHM).   Vessels with

Spot Declines; Monday Falls on More Wind

Stronger hydro power generation sent central and southeast Europe spot power prices lower on Friday, offsetting higher consumption due to colder weather forecasts and modest wind power output,

GE Profit Beats Street Despite Weak Oil & Gas Unit

General Electric Co's quarterly earnings topped Wall Street's estimate on Friday as its business of selling power-generating turbines drove a 9 percent increase

China's 2014 Iran Crude Imports up 28 pct

China lifted almost 550,000 bpd from Iran in 2014. China's crude oil imports from Iran jumped by nearly 30 percent last year to their highest average level since 2011,

North Dakota Optimistic Despite Price Slump

Business leaders in the capital of North Dakota's oil boom say they are optimistic the regional economy will stand up to slipping crude prices, confident that the

Enquest Cuts 2015 CapEx on Lower Crude Prices

Enquest Plc cut its capital expenditure programme for 2015 as the oil and gas producer responds to the slump in crude oil prices. Enquest expects 2015 production of about 33,

Smaller Oil Services Sector Players at Risk

Oilfield behemoths seek to emerge leaner and stronger; smaller, weaker firms vulnerable to acquisition. Slammed by plunging oil prices, oil services companies

Yemen Declares Force Majeure on LNG Exports

Yemen has declared force majeure on liquefied natural gas (LNG) deliveries from its Balhaf plant due to deteriorating security following the collapse of the government, trading sources said.

Tepco, Chubu Buying 6 LNG cargoes from Vitol

Japan's Tokyo Electric Power Co and Chubu Electric Power Co,, are expected to buy a total of six cargoes of liquefied natural gas (LNG) from Vitol and GDF Suez in their first joint tender,

Oil Up on Saudi King's Passing

Saudi oil policy expected to stay unchanged after king's death. Ali al-Naimi to stay on as Saudi oil minister. Oil prices rose on Friday after the death of Saudi

Krasnoleninsk field Still Operational at 35

Even after 35 years commercial operations in the Krasnoleninsk field still continue. АВС1 + С2 recoverable reserves of the whole Krasnoleninsk field amount to more than 1 bln t.

Sri Lanka Softens Stance on China Port City dealD

Sri Lanka's new government said on Thursday it might renegotiate a $1.5 billion "port city" deal with China Communications Construction Co Ltd, softening its pre-election threat to scrap the project.

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