‘Excellent’ rating for UK War Risks
The UK War Risks Club announced the affirmation of its A- ‘Excellent’ financial strength rating with a ‘Stable’ outlook from the insurance rating agency AM Best.
Coast Guard saves 4 after boat capsizes
Four people were rescued by a Coast Guard Station Port O’Connor boat crew approximately one and half miles outside the Matagorda Jetties. At approximately 9:30 p.m.…
French President Gathers Ministers To Discuss Alstom's Case
French President Francois Hollande gathered ministers on Sunday evening to discuss the case of struggling engineering firm Alstom, with jobs, location of activities and energetic independence in mind…
Libyan's Zueitina Port To Open After Damages Assessed
Libya's eastern oil port of Zueitina, which had been occupied by rebels as part of an eight-month oil blockade, will reopen after damage at its facilities has been assessed…
Qatar's Nakilat Q1 Profit Rises 17 Pct
Qatar Gas Transport Co (Nakilat), the Middle East's largest shipper of liquefied natural gas, reported a 16.6 percent rise in first-quarter profit on Sunday. The…
Siemens Weighs In As GE Prepares Alstom Power Deal
Alstom's arch rival Siemens wants talks with the struggling French engineering group, the German company said on Sunday, the day General Electric boss Jeff Immelt…
South Korean PM Resigns Over Ferry Disaster
South Korean Prime Minister Chung Hong-won resigned on Sunday over the government's response to the April 16 ferry disaster. The Sewol ferry sank on a routine trip…
French Government Will Block Hasty Alstom Deal
France's Economy Minister Arnaud Montebourg confirmed for the first time on Sunday that both General Electric and Siemens were interested in engineering group Alstom…
Slovakia agrees To Ship Limited Gas To Ukraine
Slovakia and Ukraine have reached an agreement on opening up limited capacity for reverse flow of natural gas from central Europe to Ukraine and will sign the deal on Monday…
ExxonMobil Marks World Malaria Day With $10 Mln Grant
programs across Africa and in the Pacific Rim, where the disease is a major threat to health and economic development. The grants from ExxonMobil and the ExxonMobil…
Computer Game By Maersk to Spark Interest in Science
This week the Maersk Group launches a computer game and teaching materials about oil exploration and oil production for Danish secondary schools, technical colleges…
New terminals inaugurated in North Brazil
Two new grain - and oilseed-loading terminals have been inaugurated at Miritituba and Barcarena in the northern Brazil state of Para. Together, they are expected…
Cargo traffic at 12 Indian major ports up by 1.78%
Indian Ports Cargo traffic at 12 major ports in the country recorded a marginal increase of 1.78 per cent at 555.50 million tonnes (MT) during 2013-14.The cargo…
KVH Industries to Host Q1 Conference Call on April 30
KVH Industries, Inc., (Nasdaq: KVHI) will announce its financial results for the first quarter that ended March 31, 2014, on Wednesday, April 30, 2014. In conjunction with the release…
Slovakia & Ukraine agree on Reverse Gas Flow
Slovakia and Ukraine have reached an agreement on opening up limited reverse flow of natural gas from central Europe to Ukraine and will sign the deal on Monday…
Wood Group awarded $12Mln Operations & Maintenance Contract by Apex
Wood Group GTS and Apex Bethel Energy Center, LLC (“Apex”) have signed a three-year operations & maintenance (O&M) agreement for the Bethel Energy Center. Under the $12 million contract…
Total's Intelligent AUV by 2016
To improve the monitoring of subsea installations Total and Chevron have tasked a team of a dozen researchers for building an Autonomous Underwater Vehicle (AUV)…
Russia, Consumer States Discuss Gas Supply Via Ukraine
Russia's Energy Minister and the head of Gazprom discussed gas supplies via Ukraine with representatives of consumer countries Bosnia, Macedonia and Moldova on Saturday…
OSCE Team To Ukraine To Free Detainees
The Organisation for Security and Cooperation in Europe (OSCE) has dispatched a negotiating team to try to secure the release of observers being held by pro-Russian separatists in eastern Ukraine…
Ferry Tragedy: Boy Who Raised Alarm Had No Time To Call Parents
The frightened boy who first raised the alarm that a South Korean ferry with hundreds on board was sinking did not have time to call his parents, his father said…
