Oil

NEW DELHI—India on Friday approved Reliance Industries Ltd.’s proposed $7.2 billion asset sale to BP PLC, paving the way for the U.K. oil

RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday that total crude oil and

  SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday its unit, SMOE Pte. Ltd., has secured a contract close to S$600 million to

Image from minnesotansforglobalwarming.com PERTH (Dow Jones)–State-owned China Ocean Shipping (Group) Co. said Monday that oil-price speculators are

The economist brings us and interesting article on the turmoil in the Middle East as it relates to oil discovery and consumption. They write: TWO factors

HOUSTON -(Dow Jones)- Oil giant BP PLC (BP.LN, BP) continues to use an oil-price range between $60 and $90 a barrel in its long-term planning despite rising

LONDON (Dow Jones)–A Suezmax vessel owned by New York-listed Teekay Tankers Ltd (TNK) is still scheduled to load at a Libyan port over the next couple of

Introduce Resolution Calling for Adequate Guidance for Shallow and Deep Water Operators WASHINGTON, D.C. – Today, a bipartisan group of U.S. Senators,

HOUSTON (Dow Jones)–Noble Energy Inc. (NBL) said Thursday it is planning to return to exploratory drilling in the deep water of the Gulf of Mexico later

The Enterprise played a key role during the oil spill disaster last summer, however floating in the oil-saturated ocean above the Macondo Well left her ballast

Bacteria made quick work of the tons of methane that billowed into the Gulf of Mexico along with oil from the Deepwater Horizon blowout, clearing the natural

I’ve seen a few headlines today that seem to portray the Macondo Well as some sort of living creature, like it’s still writhing and twitching as it

“The United States consumes more than 20,000,000 barrels of oil per day but has less than 2 percent of the world’s remaining oil” This map,

CNN has the story: Officials say it could take a week to extinguish a massive fire that burned Friday afternoon at a fuel storage complex in Puerto Rico,

Pilotage Paradox by Paul Drouin The Cosco Busan accident, as with many others that have the same root cause, can be categorized into what I call the pilotage

Click on the image for Interactive Version. Technorati Tags: oil, offshore,

Quiz: What city in the world is home to the most billionares? The Answer to this question may suprise you. According to Forbes the honor goes to Moscow.

(Originally published June 2007) The title of one story in this week’s MarEx Newsletter proclaims “Maritime Academy Graduation Heralds the

Click Photo For Details Bloomberg News tells us: South Korea’s coast guard sent boats to contain the country’s biggest oil spill in more than a