News

Iranian deputy oil minister, Alireza Zeighami, announced on Saturday that Iran has launched a liquefied gas swap route in the Caspian Sea.

Power and automation technology group ABB has received an order worth over $40m from the Al Toukhi Group for a high-voltage gas-insulated switchgear.

New Zealand's solar energy firm Powersmart has switched on the first of three solar power systems being installed on the South Pacific islands of Tokelau.

Greenwood Energy, a part of Libra Group which also operates EuroEnergy, will install a second combined heat and power plant (CHP) for Millennium Hotel and Resorts in New York City, US.

Renewable energy developer Element Power plans to develop a 36MW wind farm at Monaincha in Tipperary, Ireland, for an estimated cost of €70m.

The dry bulk shipping market is in a poor state, with the Capesize segment the worst of all. Unfortunately, the latest analysis from Drewry Maritime Research’s Dry Bulk Forecaster indicates that sub

If the foundation for EU maritime policy is undoubtedly the regulatory framework for the market in maritime transport services, it has rapidly been followed by the adoption of a highly developed regime

PI Chief Economist John Felmy has argued that crude oil prices have been by far the largest contributor to rising gasoline prices in California and across the US.

State oil giant Saudi Aramco restarted a secondary unit at its 305,000 barrels-per-day joint venture refinery with Royal Dutch Shell in Jubail, the joint venture's top executive said on Monday.

Samson Oil & Gas Limited (ASX: SSN; NYSE AMEX: SSN) provides details of a new acquisition and Samson’s presentation at the Enercom Conference in Denver.

BP announced yesterday it has reached agreement to sell its Carson, California refinery and related logistics and marketing assets in the region to Tesoro Corporation for $2.5 billion in cash

Norwegian oil production will climb for the first time in almost a decade-and-a-half in 2014 after this year falling to a 24-year low as new fields start up, according to Rystad Energy, an oil and gas consultant.

A southern Kansas oil boom that started two years ago has given landowners an infusion of cash from lease payments and boosted local governments and businesses.

Aegean Marine Petroleum Network Inc. yesterday announced financial and operating results for the second quarter ended June 30, 2012.

Tanzania is de-registering 36 Iranian oil carriers which had taken Tanzanian flag so as to avoid sanctions imposed by the U.S. and the EU against Iran amid Teheran’s nuclear program development, Reuters informs.

According to The Hindu, the Merolyn Engineering Works Pvt Ltd is in the race to supply six dredgers worth $600 million (nearly Rs 3,300 crore) to Bangladesh.

The port of Rotterdam will receive EUR 5 million from the EU programme for the Trans-European Transport Network (TEN-T) for a rail terminal and inland shipping cranes at the new container terminals on Maasvlakte 2.

Havyard Group is going to deliver a Havyard 587 design for Fosnavaag Shipping with an option for one further delivery. The design is being described

Coastal announces that its wholly-owned subsidiaries have secured contracts for the sale of one unit 300 Men Accommodation Work Barge

The National Shipping Company of Saudi Arabia (BAHRI) announces that its 80% owned subsidiary The National Chemical Carriers Company Ltd.