People in the News
Norwegian brokerage Arctic Securities has been mandated by a financial investor to buy at least 20 percent of oil and gas explorer Rocksource at an 80 percent premium,
Top Indian official meets bankers to discuss stake sale; India looks to raise $3 bln from sale of 5 pct stake in ONGC. Time right for divestment, says finance ministry official.
Norwegian offshore driller Songa Offshore suffered an engine failures on its Songa Dee rig during a yard stay and the vessel will not leave the yard until Nov. 7,
Genel Energy and two partner firms said on Monday they had discovered oil off Morocco, giving a boost to the region whose oil and gas drilling results have so far been mixed.
Crude volumes used by local refineries at record high in August; Saudi crude exports seen around 7 mln bpd until December. Saudi fights for market share, exports to US decline.
Coal miner Peabody Energy Corp reported a quarterly loss, compared with a profit a year earlier, hurt by lower prices.
The company's reported net loss from continuing
State utility China Huadian Corp wants to nearly triple its gas-fired power capacity by 2020, state-run China Energy News reported on Monday, part of China's campaign
South Africa's National Union of Mineworkers (NUM) said on Monday its members had downed tools at the Koornfontein coal mine operated by Glencore in a dispute over pay.
Russia agrees to supply Ukraine with 5 bcm gas to March 31; winter gas price to be $385 per 1000 cubic meters. Agreement expected to be finalized on Tuesday in
Crude oil tanker firm Frontline, part of shipping tycoon John Fredriksen's business empire, appointed Robert Hvide Macleod as chief executive to replace Jens Martin Jensen, the firm said on Monday.
Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected quarterly profit, helped by buoyant shale drilling activity in North America.
A "limited fire" broke out on a subsidiary oil pipeline in eastern Saudi Arabia on Saturday after assailants fired shots at a security patrol, the state news agency SPA said.
India announced on Saturday that it would life controls on diesel pricing with immediate effect, leading to an immediate fall in pump prices of nearly 6 percent
Venezuela's 2015 budget will be based on a target oil price of $60 dollars per barrel, President Nicolas Maduro said on Friday night, but he repeated expectations that prices will recover.
A day before President Barack Obama addressed the United Nations to declare the nation is "stepping up to the plate" to tackle climate change, nearly 400,000
The crew of USS Constitution embarked on their final Boston Harbor underway demonstration aboard Old Ironsides this year, Oct. 17.
Constitution set out into
The Coast Guard rescued two people Friday after both of their sailboats became disabled approximately five miles west of the Chesapeake Bridge Tunnel near Hampton.
Amaliekajen was buzzing with life during Culture Night, when the Danish Maritime Authority’s vessel Poul Løwenørn lowered the gangway and invited everyone interested on board.
Russian President Vladimir Putin said on Friday that the current low price of oil was not a tragedy for Russia's budget, which is highly dependent on energy revenues,
President Barack Obama appointed a former White House adviser as U.S. Ebola "czar" on Friday as the global death toll from the disease that has hit mostly three