People in the News

Lithuania Appoints Oil Terminal Firm CEO as Energy Minister

Lithuania President Dalia Grybauskaite has appointed the chief executive of oil terminal company Klaipedos Nafta as the country's energy minister, the president's office said on Monday.

McAllister Towing Celebrates 150 in Style

McAllister Towing hosted a dual celebration in New York City on Friday, September 19, a gala in honor of the company’s 150th anniversary and a traditional christening of the Buckley McAllister,

Statoil: New Compressor Means Heightened Production

The new compressor in operation on the Kvitebjørn field in the North Sea from 17 September will increase production there by 220 million barrels of oil equivalent

Climate Protesters in Wall Street sit-in

Hundreds of protesters plan to risk arrest on Monday during an unsanctioned blockade in New York City's financial district to call attention to what organizers

Israel Corp CEO May Depart as Firm Reorganizes

Conglomerate Israel Corp said on Monday that as part of it plans for a reorganisation, it is possible that Nir Gilad will step down as chief executive officer. "No

China's Navy Enters Strait of Hormuz

Bandar Abbas, home of Iran's navy and the main port in the strategically important Strait of Hormuz, is currently hosting two Chinese naval vessels on a five-day goodwill visit,

Siemens Buying Dresser-Rand, Shale Boom Beckons

Bids $83 per share in agreed deal, biggest in its history. Sells stake in household appliance JV for 3 bln euros; Sulzer withdraws from contest. Germany's Siemens has agreed to buy U.

Barclays Investing $1.6 bln in Green Bonds

Current portfolio of green bond investments at 430 mln stg; green bonds raise capital for low-carbon investments. Barclays will invest at least 1 billion pounds ($1.

Israeli Solar Firm Looks to Operate 24/7

Promises more effective heat storage than current methods. Company expects quick market penetration; says can match fossil fuel-fired power plants on price. An Israeli solar power company,

Slovakia: Russia Gas Deliveries 20 PCT Short

Deliveries of Russian natural gas to Slovak importer SPP were about 20 percent below requested amounts on Monday, the importer said. Slovakia, Poland, Austria

NNS Identify 124 Employees as 'Models of Excellence'

Huntington Ingalls Industries says that 124 employees from the company's Newport News Shipbuilding division have been recognized with Model of Excellence (MOE) awards.

Seadrill Chairman Reassures Investors as Director Leaves

Seadrill Limited informs that Tor Olav Trøim has decided not to stand for re-election to the Board of Directors in order to focus his efforts on developing Golar LNG.

XL Group Underwriters at IUMI Conference in Hong Kong

XL Group informs that its leading marine underwriters will join the annual International Union of Marine Insurance (IUMI) conference, the first time to be held

Australian Watchdog NOPSEMA Gets new CEO

Australia’s oil and gas industry welcomes the appointment of Stuart Smith as the new Chief Executive Officer of the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).

Bald Eagle Rescued from River by Coast Guard Crew

 A Coast Guard crew from Station Saginaw River, Michigan recently rescued a juvenile bald eagle from the Saginaw River. The eagle was reported to watchstanders

USCG Crew Rescues Three in Tomales Bay

  The Coast Guard rescued three individuals from the water in Tomales Bay, Sunday morning. At approximately 8:30 a.m., Coast Guard Sector San Francisco Command

Ban Launches UN Ebola Response Mission

  IMO Secretary-General Ban Ki-moon has officially established the United Nations Mission for Ebola Emergency Response and has instructed the advance teams for

Greek Ferry with Bulgarians On Board Sinks near Corfu

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

Japan's Minister Says Energy Policy Without Nuclear Difficult

  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,

Nigerian Oil Workers Call Off Strike After Talks with Government

  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

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