Delek Drilling, Avner Oil Raise $2 Bln For Leviathan Field
Israel's Delek Drilling and Avner Oil have raised $2 billion in an international bond offering to help fund the development of the huge Leviathan natural gas field off the coast of Israel.
Sea Row Not A Problem Between China And ASEAN Says Beijing
The South China Sea dispute is not a problem between China and the Association of Southeast Asian Nations (ASEAN) and China opposes certain member states trying to use it to sow discord…
Payment Problems Disrupting Iran Food Deals
Payment problems are disrupting commercial food cargoes to Iran, with hundreds of thousands of tonnes of grain and sugar stuck in transit, as Western banking sanctions…
Kidnappers In Nigeria's Delta Release 3 Dutch Nationals
Kidnappers in Nigeria's Niger Delta region released three Dutch nationals held since May 4, Anka Mustapha, a spokesman for Bayelsa state's Joint Task Force, which includes the military and police…
China Asked To Speed Up Maritime Security Talks
Southeast Asian foreign ministers voiced "serious concerns" on Saturday over naval clashes between Vietnam and China as the regional group's top official urged Beijing to…
SOCAR And RWE Dea Sign Joint Study Agreement
The German RWE Dea has signed a Joint Study Agreement with Azerbaijani State Oil Company (SOCAR) on evaluation of the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea.
India: Cargo handled at Major ports in April up by 9%
India’s 12 major ports handled 47 million tonne cargo, which was up by 9 per cent year-on-year, in April – the first month of the current financial year. Tuticorin Port (V.O.
Italy's ENI Appoints Descalzi As CEO
The board of Italian oil and gas major ENI has appointed Claudio Descalzi to replace Paolo Scaroni as chief executive, the company said in a statement late on Friday.
Shipping industry market trends for 2014 - John Nikolaou
Greek shipowners have returned to the top of the global shipping economy by controlling a gross tonnage of 164 million tons, overtaking the Japanese on 159.4 million tons.
RIL, BP and NIKO issue Notice of Arbitration to Indian Government
Guideline 2014” notified on January 10, 2014. The continuing delay on part of the Government of India in notifying the price in accordance with the approved formula…
Merkel Says Siemens-Alstom Is Above All Corporate Decision
Chancellor Angela Merkel said on Saturday that the German government would positively accompany a tie-up between Siemens and Alstom but said that any link would…
Merkel, Hollande Say Further Sanctions Against Russia Loom
Germany and France will draw the "appropriate consequences" if the May 25 election in Ukraine does not go ahead as planned, Chancellor Angela Merkel and French President Francois…
Gernamy's Kiel Canal Lock chamber to close for repairs
The New Big South Lock Chamber at Kiel-Holtenau will be out service for repairs from 0800 hours on 13 May until about 1600 hours on 14 May. During this period, the…
New techniques for foundation installation reduce cost of offshore wind farm
As part of a development project related to the future offshore wind farm ”Parc éolien en mer de Fécamp” in France, MT Højgaard is to install a deep water concrete…
Judge For U.S. Regulator Strikes Committed Rates On Seaway Pipeline
A Federal Energy Regulatory Commission judge annulled committed shipper rates on the Cushing-to-Texas Seaway pipeline on Friday, despite objections from energy companies…
Oil-By-Rail Refiners Say Regulators Will Have Data By End Of May
U.S. regulators seeking data from refiners in the effort to gauge the volatility of North Dakota Bakken crude being shipped by rail will have the information by the end of May…
U.S. Lawmakers Call Chinese Actions In South China Sea 'Troubling'
Six U.S. senators urged their colleagues on Friday to support legislation reaffirming U.S. support for freedom of navigation, saying they consider China's recent…
Newcastle Coal terminal extension project evaluation
Port Waratah Coal Services (PWCS) has commenced the evaluation of an extension to its Kooragang coal terminal at the Port of Newcastle. The proposed Terminal 4 (T4)…
EMGS expands cooperation with TGS in Barents Sea
EMGS and TGS have agreed to further expand their companies' agreement of cooperation in the Barents Sea. Currently, TGS has a 30% ownership in the multi-client EM data over 17 blocks in the Hoop area.
Obama Announces Actions On Renewable Energy
President Barack Obama announced steps on Friday to increase the use of solar panels, boost energy efficiency in federal buildings and train more people to work in the renewable energy field.
