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Fugitive Treasure Hunter Arrested in Florida

An Ohio man who recovered as much as $400 million in gold from a shipwreck has been arrested in Florida after two years on the run and was scheduled to appear in federal court on Wednesday.

West Coast Port Talks Clear Hurdle

Shipping companies and the union for 20,000 dockworkers at nearly 30 U.S. West Coast ports have cleared a major hurdle in their protracted labor talks, clinching

Yinson Wins $2.5 bln Ghana Oil & Gas Contract

Yinson Holdings Bhd , Malaysia's oil and gas services firm, said on Wednesday it secured a $2.54 billion floating production, storage and offloading (FPSO) vessel

Shell Inks Iraqi Petrochemicals Plant Deal

Royal Dutch Shell signed deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser al-Esawi said on Wednesday.

Petrobras Taking Graft-linked Q4 Writedown

Brazil's state-run oil company Petrobras is likely to take a corruption-related charge against earnings in its 2014 fourth-quarter audited financial statement expected by the end of April,

UK Council Defers Shale Permit Decision

A local English government council has voted to delay a decision on whether shale gas firm Cuadrilla can progress with two fracking projects, in a case that is

NewLead Holdings Acquire 5 Vessels

  NewLead Holdings Ltd. announced today that it recently added five bitumen tanker vessels to its fleet. The Company has expanded its fleet to 10 vessels in less

ClassNK Releases Improved "e-Application"

  ClassNK announced the release of an improved "e-Application" system. This improvement was planned based on requests from the users. Therefore, firstly we would

Drillsearch Reports Robust Performance

  Drillsearch delivered a strong operating performance in the December quarter against a backdrop of challenging conditions that affected the oil and gas sector globally.

Russia – Turkey Gas Pipeline Approved

  Ankara hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources.

Magnolia Inks Gas Pipeline Deal

  Magnolia    LNG. wholly    owned    subsidiary of Liquefied    Natural    Gas    Limited    executed    a    Gas    Pipeline    Interconnect Agreement     (PIA)   

Saipem Frontrunner for Kashagan Pipeline Contract

Embattled Italian oil services group Saipem is in pole position to win a contract worth up to $2 billion to replace pipes at the Kashagan oilfield in Kazakhstan,

German Court to Decide on Nuclear Exit Complaints in 2015

Germany's highest court aims to decide this year on complaints filed by the country's biggest utilities against a decision to phase out nuclear power faster than initially planned,

Saudi Aramco Renegotiating Some Oil Contracts

Saudi Aramco will renegotiate some contracts and postpone some projects due to falling oil prices, the head of Saudi Arabia's state oil company said on Tuesday,

CME Group Launches European Natural Gas Contracts

The world's largest futures market operator, CME Group Inc. has launched six European natural gas cleared futures contracts which will be listed on its CME Europe exchange from February 2.

‘Maritime Spectrum’ of CMMI a Big Draw

  For The Company of Master Mariners of India, the conference “Maritime Spectrum” that comes at the turn of each year has become a brand in itself, and each one

New Record for Petrobras Brazilian Refineries

  Petrobras’ refineries in Brazil achieved a new annual oil processing record in 2014. The average volume processed was 2.1 million barrels of oil per day (bpd), up 34,000 bpd (1.

Technip Bags 2 Stone Energy's Contracts

Leveraging its unique subsea vertical integration -   Unique vertical integration - Technip to design, manufacture and install the flexible pipe -   First class

Sino-Global to Acquire Tanker

  Sino-Global Shipping America, Ltd. a shipping agency, logistics and ship management services company, today announced that it has entered into a Memorandum of Understanding (the "MOU"),

Investment Impact in Inland Waterways System

  The National Waterways Foundation (NWF) has commissioned and released a two-year, ground-breaking study by the University of Tennessee and the University of Kentucky,

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