Keppel Throws Lifeline to Struggling Oil Explorer KrisEnergy
SINGAPORE, Nov 3 (Reuters) – Rig builder Keppel Corp said on Thursday it would subscribe to a bond offer by KrisEnergy Ltd, potentially increasing its
SINGAPORE, Nov 3 (Reuters) – Rig builder Keppel Corp said on Thursday it would subscribe to a bond offer by KrisEnergy Ltd, potentially increasing its
By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – The world’s biggest shipping firm, A.P. Moller-Maersk, set a new course on Thursday that
By Amanda Cooper LONDON, Sept 13 (Reuters) – The global oil market will show a surplus into next year, as an abrupt deterioration in demand growth meets
By Dmitry Zhdannikov MOSCOW, Aug 11 (Reuters) – Oil markets will begin to tighten in the second half of 2016 but at a slow pace as global demand growth
By David Wethe (Bloomberg) — Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market
By Justin Sink, Josh Wingrove and Jennifer A. Dlouhy (Bloomberg) — President Barack Obama and Canadian Prime Minister Justin Trudeau announced steps to
Samsung Heavy Industries has launched the semi-submersible that will serve as the central processing facility (CPF) for the giant Ichthys LNG project off
By Roberta Rampton WASHINGTON (Reuters) – President Barack Obama on Saturday defended his decision to allow Royal Dutch Shell to drill for oil in
(Bloomberg) — As the oil industry takes stock of Royal Dutch Shell Plc’s $70 billion move for BG Group Plc, one company has more to chew on than most.
A group of 25 major oil companies, oil-producing nations and development institutions have for the first time committed to ending the practice of routine gas
Offshore oil-drilling contractors, who last year were able to charge record rates for their vessels, are now under pressure to scrap old rigs at an
The U.K. hired a senior BG Group Plc executive to head its new oil and gas industry regulator under plans to boost the country’s recovery of fossil-fuel
HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with
Access to reserves is currently the biggest risk for oil and gas companies, said Ernst & Young in its annual report on the top 10 risks for the global
HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that
Houston, TX – Oil and gas industry professionals are divided in opinion on whether the price of a barrel of oil will exceed $150 by the end of 2011,
Introduce Resolution Calling for Adequate Guidance for Shallow and Deep Water Operators WASHINGTON, D.C. – Today, a bipartisan group of U.S. Senators,
Transocean Ltd. has announced that its ultra-deepwater semisubmersible rig Deepwater Horizon recently drilled the deepest oil and gas well ever while working
UK’s International Boundary Research Unit from the University of Durham has released a detailed map showing maritime jurisdiction and boundaries for the
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