News

Oil pared loss as concern that production in the Gulf of Mexico may be disrupted by an approaching storm countered sluggish progress in resolving Europe’s debt crisis.

South Korean state-run Korea Gas Corp - the world's largest buyer of LNG - said Thursday its net profit jumped 148.8% year on year to Won 40.3 billion ($35.7 million) in the second quarter from Won 16.2 billion a year earlier, on higher gas prices.

London-listed oil explorer Genel Energy announced deals that will help it to diversify into the Mediterranean and North Africa on Thursday, building on its strategy to expand outside its core region of Kurdistan.

Australia's liquefied natural gas industry is at a cross-roads because of cost increases and poor labour productivity in the country

The Syrian government is negotiating deals with firms in London, Singapore and the Middle East to sell crude oil in return for the fuel it needs to survive in the face of an increasingly bloody insurgency, documents seen by Reuters show.

Energy firms that have invested more than $12 billion have been hit by delays on required approvals for 52 exploration blocks,

Hellenic Carriers Limited, an international provider of marine transportation services for dry bulk cargoes, announces that,

V.F.Tanker Shipping Company has put into operation the sixth tanker of Project RST27 named VF Tanker-6 (building No. 02006) with sea/river deadweight of 7022/5420 tons.

A huge car carrier which has dominated the skyline at Falmouth Docks during August left the port, signaling the end of another successful ship repair contract for A&P Falmouth.

Thursday 23 August 2012, delivery took place of Iver Brilliant, a 6,265-ton asphalt/oil/chemical tanker.

On 22nd August 2012, COSCO International announced 2012 interim results, and held 2012 interim results press conference

On the 23rd of August in Moscow on ROSATOM’s premises the signing of a contract for building of the pilot universal new generation nuclear icebreaker was held.

During the reporting period of 15 to 21 August 2012, there have no piracy related incidents in the High Risk Area

The board of directors (the “Board”) of COSCO International Holdings Limited (“COSCO International” or the “Company”, stock code: 00517)

The vessel upsizing trend in the containership sector has resulted in a cascade of larger capacity vessels down through trade routes.

A year from now a new international law widely hailed as a major advance in maritime employment will, barring unforeseen circumstances,

Among the aims of the Piraeus Association for Maritime Arbitration, Mediation has been included as an alternative procedure for resolving disputes, a method often used by Shipping Companies, English law firms and foreign Mediators.

Russia is cementing its status as Europe’s foremost diesel supplier as President Vladimir Putin seeks to shore up economic growth with record investment in the refining industry.

Zeta Petroleum has seen promising signs of gas in multiple levels with the first well targeted at bringing its wholly owned Bobocu gas field in Romania back into production.

Under the presidency of Raúl Castro, Fidel Castro’s younger brother and, like him, an octogenarian, Cuba is poised between hope and dejection.