Oil Price Slid Beyond Fundamentals - OPEC
The secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) said on Sunday the price of oil had fallen further than market fundamentals would have dictated.
China, Kazakhstan to Ink $10 bln in Deals
China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the official…
Investors Gamble Forest Preservation Will Pay Off in Carbon Markets
Some private investment companies are looking to profit from preserving forests in developing countries, betting that the emissions reductions can be sold in future carbon markets.
First Dividend from Nordex Likely
German wind turbine maker Nordex is mulling paying a dividend for the first time since listing on the stock exchange as part of efforts to create a long-term investor base…
CEZ to Close its Bulgarian Thermal Plant
Czech power utility CEZ will wind down operations of its coal-burning plant in Bulgaria on Jan. 1, after it failed to get an exemption from European Union environmental rules…
Russia Says Will React if U.S. Imposes New Sanctions
Russia will take counter measures if Washington imposes new sanctions on Moscow over the Ukraine crisis, Russia's Deputy Foreign Minister Sergei Ryabkov said on Saturday. The U.S.
UN Climate Talks Head for Watered-down Deal
United Nations climate talks, which ran on into a an extra day on Saturday, are heading for a watered-down deal on limiting global warming, leaving many of the toughest…
USCG Rescues Mariner from Boat Near Maui
A man is safe after being rescued from a disabled boat approximately 46 miles southwest of Kahoolawe, Maui, Saturday. At 10:15 a.m., watchstanders at the Coast Guard…
Fincantieri Launches Italian Navy Frigate
Riva Trigoso (Genoa) shipyard celebrated the launch of the frigate Alpino, the fifth of a series of 10 FREMM vessels - Multi Mission European Frigates, ordered from…
Liebherr Opens New Office in Peru
With more than 100 attendees Liebherr celebrated the inauguration of the new office in Lima City, Peru. The new office will play a significant role in the South…
Strike to Paralyze Belgium
Inchcape Shipping Services (ISS), the world's leading maritime services provider, is advising that Belgian trade unions have called a national strike for Monday.
Tug KOC Shahem Named in Romania
On 30 October Kuwait Oil Company (KOC) CEO Mr Hashem Sayed Hashem attended the naming ceremony of the ASD 3212 tug vessel KOC Shahem at Damen Shipyards Galati. The…
