People in the News

Awards Ceremony Recognizes NRL Researchers

Eighteen U.S. Naval Research Laboratory (NRL) scientists and engineers representing ten NRL research divisions were recognized with the prestigious Dr. Delores M.

Jacques R. Saadé Visits the CMA CGM Columba

During the CMA CGM Columba call in Beirut, Lebanon, on August 19, Jacques R. Saadé, CMA CGM Group's Chairman and Chief Executive Officer, visited the 11,400 TEU ship.

BP Hires Head of US Shale Unit before Spin-off

Oil major BP has appointed a chief executive to look after its U.S. onshore oil and gas assets, months ahead of its plan to spin off the business to boost the profitability

China Rejects Manila Protests, Laments Detentions

China rejected Philippine complaints on Wednesday about Chinese survey vessels operating in a gas-rich area of Manila's exclusive economic zone, and has lodged

Dolphin: Possible Dividend after Q3 Report

Q2 disappointed due to weak late sales; Expects higher revenues and earning in q3. Expects no growth in market's overall capacity; seismic market under pressure, sees some positive signs.

Refracking Brings 'vintage' Oil & Gas Wells to Life

A fracking boom isn't enough for U.S. oil and gas producers - they're now starting the re-fracking boom. Wells sunk as little as three years ago are being fracked again,

Norway's Politics Threaten Oil Competitiveness

Norway's high carbon tax, reduced tax allowances for investments and political meddling in oil and gas projects is threatening the competitiveness of the country's vital offshore energy sector,

Lukoil Shipped Canadian Crude from Houston

Russian oil major Lukoil has emerged as one of the first companies to buy Canadian crude re-exported from a U.S. port, shipping one cargo last month to its refinery in Augusta,

Cost-Cutting: the Real BHP Story

BHP Billiton's plans to spin-off unwanted assets may have received a tepid welcome from investors, but the real news from the mining giant's results is the limits to cost-cutting.

Libya's NOC Chairman to Run Oil Ministry

Libya plans to appoint the chairman of state oil firm National Oil Corp (NOC) as new deputy oil minister to replace Omar Shakmak, a spokesman for NOC said on Wednesday.

Charles Palmer Uses 'B-Word' in China Rant

An influential Chinese newspaper called for retaliation against Australia on Wednesday after Australian mining mogul and politician Clive Palmer described China's

MV Cape Ray Signals DTRA 'Mission Complete'

The Defense Threat Reduction Agency announces the successful completion of the Cape Ray's mission to destroy Syria's chemical weapons components at sea. The Defense Threat Reduction Agency/U.

FMC Forum to Address US Port Congestion

U.S. Port Congestion: Examining Causes, Impact on Stakeholders and Exploring Possible Solutions Federal Maritime Commission (FMC) Chairman Mario Cordero will hold a forum titled, "U.

Lithuania Fires Energy Minister, Risks Upsetting Poland

Lithuania's President Dalia Grybauskaite sacked her ethnic Polish energy minister on Tuesday in a row that could affect talks with Poland over the future of the Baltic state's only oil refinery.

Lower Oil Price Adds to Russian Economic Woes

Urals oil price falls below $100 per barrel; short-term impact on Russia limited by conservative budget. Long-term fiscal risks mount. A fall in the price of Urals crude oil,

Statoil: Gudrun Officially Opened

Norwegian prime minister Erna Solberg officially opened the Gudrun platform in the North Sea today, 19 August. This is the first new Statoil-operated platform on

BHP Announces Spin-off, Delays Share Buyback

Spin-off includes some nickel, coal. Analyst sees 'better asset mix than we thought.' The world's biggest mining company, BHP Billiton , announced plans to spin

Natural Gas Can Keep Those Motors Running

Cheap natural gas is starting to revolutionise traffic on U.S. roads, cutting bills for some of the country's heaviest fuel users while reducing carbon emissions and other pollution.

Eletrobras Accord on Petrobras Debts Coming Soon

Brazil's state-run power utility Eletrobras expects an accord by the end of the month with state-run oil company Petrobras to pay as much as $3.2 billion in overdue fuel bills,

Capacity to Double on Kurdistan's Pipeline

The capacity of Iraqi Kurdistan's independent oil pipeline will almost double to at least 200,000 barrels per day once upgrade work is finished, enabling the semi-autonomous

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