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WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

U.S. Oil Export Battle Heats Up as Drillers Group to Fight Ban

More than a dozen U.S. oil producers have joined to lobby the federal government to reverse the 40-year-old ban on U.S. crude exports, a move that supporters hope

UN Authorizes Ship Inspections Near Somalia For Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Spain Appeals Planned Canary Island Vote on Oil Drilling

Spain's government launched an appeal in the Constitutional Court on Friday seeking to halt a Canary Islands referendum next month on a $7-billion oil exploration project,

Foster Wheeler & MDM Engineering Merged

   Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”)

New York, London Juxtaposed by New Maritime Event

On November 13, the newly formed New York Maritime Consortium, a coalition of leaders from New York Maritime Inc. (NYMAR), the Society of Maritime Arbitrators (SMA),

Mozambique Offers More Gas and Oil Blocks

Mozambique on Thursday opened up 15 new offshore and onshore areas for gas and oil exploration and production in its north, centre and south, a week after national

Yara Reports Strong 3Q Results

 Yara International ASA delivered strong third-quarter results, with record fertilizer deliveries and continued margin benefit from lower European gas price. "Yara

Golar LNG - 2014 Share Option Plan

  The Board of Golar LNG Limited has today authorized the issue of up to 2,500,000 share options to Directors and employees of the Company and its subsidiaries

Bright Outlook for BWM Convention

  The Danish Maritime Authority informed that the Ballast Water Management Convention is now one step closer to ratification following last week’s meeting of United

Court Dismisses Boating Industry’s Challenge to EPA Misfueling Rule

The National Marine Manufacturers Association (NMMA) said it is disappointed with the U.S. Court of Appeals decision released on Tuesday, October 21, 2014 for the D.

Germany: Prices in ETS Must Rise

Certificate prices in Europe's Emissions Trading Scheme (ETS) must rise in order for the system to be effective in fighting climate change, a senior German official said on Wednesday.

Poland Plays Hardball over Russian Gas

Poland said Russia failing to supply requested volumes, but Poland does not need the extra gas, storage almost full. When Poland last month accused Russian natural

Russia: Ukraine Has One Week to Ante Up

Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak said on Wednesday, suggesting a standoff

Lavrov: No need for NATO in the Arctic

  During the open lecture on Russia’s foreign policy, Foreign Minister Sergei Lavrov stated that he could see no need for NATO presence in the Arctic. ‘From time to time,

Oman Oil Eyes Local Oxy Assets

Oman Oil Co. is in talks with Occidental Petroleum Corp to buy a minority stake in its assets in the Gulf Arab sultanate, the Omani firm's chief executive said on Tuesday.

Saudi, Kuwait Tensions Basis for Oilfield Closure

Shutdown of joint field brings back old disputes; Kuwait is placing restrictions on Chevron's operations. Disagreements over right to operate delayed energy projects.

French Prosecutors Open Probe into Total's CEO Death

Paris prosecutors opened a manslaughter investigation following the death of Christophe de Margerie, the head of French oil group Total, in a plane crash in Russia,

Kinder Morgan Pipeline Plans Stall

A Western Canadian pipeline once seen as the best near-term hope for sending more of the country's controversial tar sands crude to Asia has hit another snag: aboriginal

Ukraine, Russia, EU Try to Finalize Gas Deal

Differences over debt, prepayments; Ukraine struggling to secure funds for gas payment. Russia says hopes to finalize a deal. Russia and Ukraine aim to resolve

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