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Bloomberg

Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.


Tuesday, February 3, 2015
BP CEO Sees No Hope of $100 Oil for ‘Long Time’ Amid Glut
News

BP CEO Sees No Hope of $100 Oil for ‘Long Time’ Amid Glut

BP Plc boss Bob Dudley is very bearish on the price of oil. He says this feels the same as 1986, when oil slumped from $30 a barrel to $10 and didn’t recover

February 3, 2015
Total Views: 12

Monday, February 2, 2015
anacortes refinery
News

Oil Workers Strike Seen Prolonging U.S. Refinery Repairs During Breakdowns

The biggest U.S. oil workers strike since 1980 will probably prolong time needed to make repairs after mechanical breakdowns, even as most refineries continue

February 2, 2015
Total Views: 9

In Whale War Ceasefire, Sea Shepherd Activists Hunt a New Target
Interesting

In Whale War Ceasefire, Sea Shepherd Activists Hunt a New Target

Japan is sitting out the whaling season after a setback at the International Court of Justice last

February 2, 2015
Total Views: 65

Exxon Profit Falls as Industry Reels From Market Crash
Offshore

Exxon Profit Falls as Industry Reels From Market Crash

Exxon Mobil Corp. reported a steep drop in fourth-quarter profit on lower prices and declining production as the rout in oil ushered in an era of frugality for

February 2, 2015
Total Views: 2

bg group jasmine
News

Want to Buy an Oil Well in the UK North Sea?

There are plenty available as some of the industry’s largest names try to sell aging, costly wells that have become even less profitable with the plunge in

February 2, 2015
Total Views: 302

Saturday, January 31, 2015
jack st. malo
News

Chevron Tightens Belt as $40 Billion Makeover Sweeps Oil Sector

Chevron Corp. halted share buybacks, slowed work on new projects and announced the biggest spending cut in more than a decade as oil explorers around the world

January 31, 2015
Total Views: 12

Thursday, January 29, 2015
shell perdido spar
News

Shell Cuts $15 Billion From Budget as Profit Misses Expectations

Royal Dutch Shell Plc will cut $15 billion of spending over the next three years as the crash in oil prices saw fourth-quarter profit miss

January 29, 2015
Total Views: 14

Wednesday, January 28, 2015
Crude Oil Plunge Seen Damping Offshore Supply Vessel, Tugboat Demand
News

Crude Oil Plunge Seen Damping Offshore Supply Vessel, Tugboat Demand

Japan Marine United Corp., Japan’s No. 2 shipbuilder, said demand for offshore supply and support vessels has stalled after crude oil plunged to a six-year

January 28, 2015
Total Views: 45

Tuesday, January 27, 2015
BP Witness Calls Spill Response ‘Extraordinary’ at Fines Trial
Maritime News

BP Witness Calls Spill Response ‘Extraordinary’ at Fines Trial

By Daniel Lawton and Margaret Cronin Fisk (Bloomberg) — BP Plc “conducted an extraordinarily effective response” to the 2010 Gulf of Mexico spill,

January 27, 2015
Total Views: 11

Monday, January 26, 2015
cape hatteras lighthouse
News

U.S. Seen Limiting Oil Drilling in Arctic, May Open Atlantic

The U.S. Interior Department will lay a framework as soon as Tuesday for oil exploration in the nation’s coastal waters in a five-year plan that is expected

January 26, 2015
Total Views: 52

hsh nordbank
Finance

HSH Nordbank Sees $1.7 Billion in Bad Shipping Debt Deals

HSH Nordbank AG, the world’s largest financier of ships, is stepping up efforts to unload billions in bad debt racked up during a seven-year glut in the

January 26, 2015
Total Views: 50

oceanographia osa goliath vessel
News

Oceanografia Bondholders Suffer Collateral Damage

When Mexico seized oil contractor Oceanografia SA a year ago over loan-fraud allegations, at least one class of creditors took solace: those with claims to

January 26, 2015
Total Views: 125

Thursday, January 22, 2015
Indonesian LNG Exports Seen Falling 25% as Domestic Demand Climbs
News

Indonesian LNG Exports Seen Falling 25% as Domestic Demand Climbs

Indonesia’s liquefied natural gas exports may drop by a quarter this year as domestic demand rises and the country allows several contracts with overseas

January 22, 2015
Total Views: 2

steel production
Maritime News

Iron Ore Declines to 2009-Low as Steel Mills Seen Cutting Output

Iron ore declined to the lowest level in more than five years amid speculation that mills in China will reduce steel output in the runup to a holiday next

January 22, 2015
Total Views: 38

Wednesday, January 21, 2015
eni offshore oil platform congo
Uncategorized

Eni Can Still Do Well With Oil at $65-$70, CEO Descalzi Says

Eni SpA can do well with oil at $65 to $70 a barrel, Chief Executive Officer Claudio Descalzi

January 21, 2015
Total Views: 18

Tuesday, January 20, 2015
oil storage tanks salalah
News

Oil Trades Below $47 as Rising U.S. Supplies Seen Expanding Glut

Oil traded below $47 a barrel as forecasts for rising U.S. crude stockpiles bolstered speculation that a global glut that spurred a price collapse may

January 20, 2015
Total Views: 1

north sea production oil rig farstad
News

Chancellor Osborne Pledges More to Help North Sea Oil Industry

U.K. Chancellor of the Exchequer George Osborne said he’s likely to announce further steps to help Scotland’s North Sea oil and gas

January 20, 2015
Total Views: 1

Monday, January 19, 2015
Shanghai Widens Lead as World’s Busiest Container Port
News

Shanghai Widens Lead as World’s Busiest Container Port

Shanghai retained its title as the world’s busiest container port for a fifth consecutive year after widening the gap with its closest rival

January 19, 2015
Total Views: 22

Friday, January 16, 2015
Hapag-Lloyd IPO Will Be Attractive After Turnaround, CEO Says
News

Hapag-Lloyd IPO Will Be Attractive After Turnaround, CEO Says

Hapag-Lloyd AG, Germany’s biggest container shipping line, will be an attractive investment once results improve and costs are reduced, Chief Executive

January 16, 2015
Total Views: 9

norwegian finance money norway bank notes
Finance

Norway’s Oil Crisis Talks Lead to Pledges of Stimulus If Needed

Top policy makers in western Europe’s biggest oil producer underscored their commitment to providing stimulus should the economy need

January 16, 2015
Total Views: 1
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