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Norway: Searcher Seismic, Dolphin Complete Gulspurv 3D Survey

Norway: Searcher Seismic, Dolphin Complete Gulspurv 3D Survey

Searcher Seismic together with project partner Dolphin Geophysical have completed acquisition of the Gulspurv 3D high resolution seismic data.

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Brazil: ABB Controls Production Systems Aboard FPSO Peregrino

Brazil: ABB Controls Production Systems Aboard FPSO Peregrino

FPSO Peregrino is one of the biggest and most technologically advanced oil production ships in the world.

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Greek Shipping Gets a Free Ride

Greek Shipping Gets a Free Ride

European countries provide Greece with tens of billions of euros in aid, yet accept that the cash-strapped country cannot

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Diana shipping inc. Announces delivery of the newly built post-panamax dry bulk carrier m/v amphitrite

Diana shipping inc. Announces delivery of the newly built post-panamax dry bulk carrier m/v amphitrite

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today

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Russia: dispute over Sechin’s new job

Russia: dispute over Sechin’s new job

Deep divisions have emerged once again this week over Igor Sechin’s bid to remain front and centre of the Russian energy industry.

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Europe gas prices must rise to avoid winter squeeze

Europe gas prices must rise to avoid winter squeeze

European natural gas prices need to rise by $2 per million British thermal units (mmBtu) in order to attract cargoes of liquefied natural gas

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Offshore drilling safety rules are being finalized

Offshore drilling safety rules are being finalized

Government regulators are finalizing safety rules for offshore drilling put in place after the BP oil spill. The Interior Department put

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Asia’s Naphtha Profits Rise; Fuel Oil Losses Widen: Oil Products

Asia’s Naphtha Profits Rise; Fuel Oil Losses Widen: Oil Products

Refiners’ profits from producing naphtha in Asia rose to the highest level in more than three months. Losses from making fuel oil widened.

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PSU oil cos incur losses of Rs 450 cr a day on sale of diesel, LPG

PSU oil cos incur losses of Rs 450 cr a day on sale of diesel, LPG

State-owned oil firms are losing Rs 450 crore per day on sale of diesel and cooking fuels as fall in rupee and rise in international oil prices has widened fuel losses.

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Pakistan State Oil Seeks September to December Fuel Supply

Pakistan State Oil Seeks September to December Fuel Supply

Pakistan State Oil Co. (PSO) is seeking to buy as much as 1.31 million metric tons of gasoline, gasoil and fuel oil for delivery from September to December

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North Dakota crude oil production continues to rise

North Dakota crude oil production continues to rise

North Dakota's oil production averaged 660 thousand barrels per day (bbl/d) in June 2012, up 3% from the previous month and 71% over June 2011 volumes.

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Asia Oil Swaps-Gasoil spreads firm on tight supply, trade brisk

Asia Oil Swaps-Gasoil spreads firm on tight supply, trade brisk

Gasoil timespreads continued to firm in brisk trade on Thursday due to tight physical supply, with some players seen taking long positions in the London Gasoil

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OPEC delays delicate talks on picking new secretary general

OPEC delays delicate talks on picking new secretary general

OPEC has delayed a meeting of officials to help select its new secretary general, delegates from the oil producers' group

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Iraq threatens to blacklist oil companies

Iraq threatens to blacklist oil companies

The Iraqi government said it would cut ties with any oil company that is taking action that runs counter to national laws, an official said.

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BP-led Azeri venture cuts oil output to 5-year low

BP-led Azeri venture cuts oil output to 5-year low

The BP-led Azerbaijan International Operating Company (AIOC) cut its oil output by 11.6 percent in the first six months of 2012 to a 5-year low reflecting work being done to help extend the lifespan of the oilfields.

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Fednav Orders Six New Vessels from Japan

Fednav Orders Six New Vessels from Japan

Fednav Limited, the largest international maritime bulk carrier in Canada, today announced the addition of six new vessels to its fleet.

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Rosneft Starts Geological Exploration Work in Kara Sea

Rosneft Starts Geological Exploration Work in Kara Sea

Rosneft has begun exploration work at the East Prinovozemelsky 1 and 2 license blocks in the Kara Sea. Geological

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GAC Sri Lanka Expands Its Maritime Activities

GAC Sri Lanka Expands Its Maritime Activities

As the demand for ship supply services off Sri Lanka grows, so too has GAC Sri Lanka. The company has moved into new, bigger premises at Galle

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MLC – Greater Protection for Filipino Seafarers

MLC – Greater Protection for Filipino Seafarers

With the Philippine Senate’s ratification of the Maritime Labour Convention (MLC), 2006 on August 13 the Philippines, together

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Ship-borne measurements show efficiency of EU policies

Ship-borne measurements show efficiency of EU policies

Sulphur dioxide emissions from shipping have sharply decreased in EU ports thanks to stricter EU rules for sulphur content in fuels used by ships at berth or at anchor in ports.

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