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ICS Counsels Wisdom on Ballast Water Convention

The International Chamber of Shipping (ICS) has reiterated its call for governments to address the serious implementation issues concerning the IMO Ballast Water

Ship Safety: IMO Committee Agree Draft IGF Code

IMO informs that the draft International Code of Safety for Ships using Gases or other Low flashpoint Fuels (IGF Code), along with proposed amendments to make the Code mandatory under SOLAS,

UFG to Drop Egypt Lawsuit if Israel Import Deal Cleared

Spain's Union Fenosa Gas (UFG) may drop a lawsuit against Egypt if it approves a deal for the company to import Israeli gas into its idle liquefied natural gas (LNG) export plant in Egypt,

Transneft: Sanctions Could Delay Pipeline Launch

Russian oil pipeline monopoly Transneft said on Tuesday Western sanctions on Russia over Ukraine may delay the launch of new oil pipelines in Siberia. A spokesman

Oiltanking Sells Indonesia Storage, Blames Subsidies

Independent tank operator Oiltanking said on Tuesday it had sold a 289,000 cubic metre storage facility in Merak, Indonesia, blaming oil subsidies for making the business unprofitable.

Deadliest Weekend Ever in the Mediterranean: UNHCR

More than 700 people fleeing Africa and the Middle East may have drowned in shipwrecks in the Mediterranean over the last week, bringing the death toll this year to almost 3,

Seaspan Agreement with GCII & Blue Water

  Seaspan Corporation announced today that it has entered into an agreement with Greater China Intermodal Investments LLC and Blue Water Commerce, LLC to extend

Fitch: Sanctions Hit Oil Development, Not Liquidity

The following statement was released by the rating agency (Fitch):   New European Union and US sanctions may undermine Russian oil companies' efforts to develop

Gazprom Neft Seeks Alternative Suppliers

Prirazlomnoye is Russia's first Arctic offshore oil field. Gazprom Neft sticks to plans at the field, by 2020 as a whole; Executive says "nothing unique" in drilling for shale oil (Adds details,

CNOOC: South China Sea Gas Discovery

China National Offshore Oil Corp (CNOOC) has made a deepwater gas field discovery in the northern part of the South China Sea, it said on Monday. The offshore

Deal to End Lockout at Canada Uranium Mine

  Canadian uranium producer Cameco Corp and the United Steelworkers union, which represents 535 workers at the world's largest uranium mine and a nearby mill,

Oil Refiner Bound to Goldman, Deutsche Fee Agreements - NY Judge

  CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire

Yang Ming Extends Charter Terms for Five 14,000-TEU Ships

  Seaspan Corporation announced today that Yang Ming Marine Transport Corp., has confirmed the term of the fixed-rate time charters for the five 14000 TEU SAVER

GDF Suez to Appeal Client Database Access Ruling

Gas and power group GDF Suez said on Friday it will appeal the French competition authority's order forcing it to give competitors access to its client databases.

Scotland 'Yes' Vote Would Trigger Dispute Over Old Oil Rigs

Scotland will ask Britain to help finance the cost of removing old North Sea rigs and pipelines even if it votes for independence and gains most of the oil revenues,

Renzi Stands by Eni CEO After Nigeria Investigation News

Italian Prime Minister Matteo Renzi stood by his appointment of Claudio Descalzi as head of state-controlled oil major Eni after news the CEO was being investigated in a Nigeria graft case.

India Allows Sick Italian Marine Home for Treatment

 India's top court on Friday granted permission for an ailing Italian marine facing murder charges to return home for four months for medical treatment. Massimiliano Lattore,

Bibby Offshore Opens Office in Stravanger, Norway

  Bibby Offshore Holdings Limited, [the subsea services provider to the oil & gas industry, is pleased to announce its continued international expansion with the opening of an office in Stravanger,

Eni Chief Under Investigation for Nigerian Oil Deal

Eni SpA chief Claudio Descalzi has been placed under investigation over alleged corruption relating to a big Nigerian oil deal, the company said on Thursday, just

New USCG Rule for Lifesaving Devices

The U.S. Coast Guard (USCG) published a final rule aligning its regulations with the 2010 Coast Guard Authorization Act. Before 2010, certain uninspected commercial

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