Crude Oil

Bishop welcomes New Zealand government announcement on offshore oil drilling

The Prime Minister of New Zealand, Jacinda Ardern, has announced a ban on new permits for offshore oil and gas exploration. In a move that has been welcomed by the Bishop of Wellington, Justin Duckworth, Prime Minister Ardern said that existing exploration and mining rights would be protected; but that the new restriction was part of a just transition to a clean energy future.

Heritage tournament produces 50 years of memories

The RBC Heritage Presented by Boeing runs today through Sunday. To celebrate the tournament's 50th anniversary, here's a look at its storied history.NOV. 27-30, 1969. THE FIRST TOURNAMENTThe first tournament was played Thanksgiving weekend at Harbour Town Golf Links, a just-completed, demanding golf course in middle-of-nowhere Hilton Head Island.The island had a full-time population of about 2…
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Is it her nuclear-free moment?

Jacinda Ardern sprung a surprise this morning in announcing an end to offshore oil exploration.So what's the catch?What's this all about then?A few weeks after PM Jacinda Ardern stepped onto the parliament forecourt to accept a petition from Greenpeace, speculation has been swirling that a ban on offshore oil exploration was imminent.

The Latest: Afghan official says sticky bomb destroys tanker | World News

KABUL, Afghanistan (AP) The Latest on a Taliban attack in Afghanistan (all times local):5:40 p.m.A district governor in Afghanistan's Parwan province says a sticky bomb has destroyed an oil tanker outside the Bagram military base north of the Afghan capital Kabul.U.S. forces are stationed at Bagram.Bagram District Gov.

PHOTO RELEASE--Huntington Ingalls Industries Announces Plan To Reactivate East Bank Facilities At In

PASCAGOULA, Miss., April 12, 2018 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division plans to reactivate its shipbuilding facilities on the east bank of the Pascagoula River.The site of the original Ingalls Shipbuilding Corp., founded in 1938, was decimated by Hurricane Katrina in 2005.

Maersk Drilling, Maersk Supply Service Establishing JV Decom Company  | Rigzone

by  Rigzone Staff|Thursday, April 12, 2018TweetMaersk Drilling is establishing a 50:50 joint venture (JV) decommissioning company with Maersk Supply Service.Maersk Drilling announced Thursday that it is establishing a 50:50 joint venture (JV) decommissioning company with Maersk Supply Service.Both companies will invest an equal amount in the JV over the coming year…

Michigan governor: Vessel damaged underwater oil pipelines | Nation

TRAVERSE CITY, Mich. (AP) Michigan Gov. Rick Snyder said Wednesday that twin oil pipelines in a waterway linking two of the Great Lakes appear to have sustained minor damage from a vessel that may also have caused a recent leak of coolant fluid from electric cables.Enbridge Inc.'s Line 5 runs along the bottom of the Straits of Mackinac in the vicinity of the American Transmission Co.

Cy Twombly, Redefined by His Drawings

The show is densely installed and has an immersive feeling that becomes oceanic as the rhythms of Twomblys hand expand. It begins with a startling vitrine of 39 drawings, which are being exhibited for the first time: tiny scraps mounted on index cards made in 1951. They show a range of quasi-abstract motifs resembling trees…

Shipping fuel costs to spike 25 percent in 2020 on sulfuric cap: WoodMac

LONDON (Reuters) - Global shipping fuel costs are likely to rise by a quarter, or $24 billion, in 2020 when new rules limiting sulfur kick in, consultants Wood Mackenzie said on Wednesday. FILE PHOTO - A man takes photographs of a container ship at a port in Tokyo January 25, 2012. REUTERS/Toru HanaiThe ballooning costs…

New Zealand Oil and Gas sees no impact from change in exploration policy

McDermott (MDR) Concludes Phase 1 of Atlanta EPS Project - April 11, 2018

McDermott International Inc. (MDR - Free Report) recently announced the successful completion of the first phase of the deep-water Atlanta Early Production System (EPS) for Brazilian upstream player Queiroz Galvão Exploração e Produção S.A.The Atlanta EPS project, located offshore Brazil, marks the first engineering, procurement…

MMC Corp remains eager to acquire stake in Sabah Ports

MMC Corp Bhd remains keen to acquire a stake in Sabah Ports Sdn Bhd (SPSB) despite the latters parent company having officially declined to pursue a stake sale to the countrys largest port operator.Sabah state-controlled company Suria Capital Holdings Bhd announced last Friday it was no longer pursuing the proposed acquisition of SPSB by MMC Port Holdings Sdn Bhd…

The wreck of the Kathryn Spirit: Abandoned ship catches fire in St. Lawrence near Beauharnois

The sad wreck of the Kathryn Spirit cargo ship, abandoned in the St. Lawrence River near Beauharnois in 2011, caught fire Tuesday.Beauharnois firefighters, with help from colleagues from surrounding municipalities, took several hours to control the blaze, which emitted thick plumes of smoke.When water proved ineffective, firefighters turned to foam and managed to quell the blaze.

California offshore oil firms hit with nearly 400 violations

Oil and gas companies drilling in state waters off Southern California violated regulations nearly 400 times in the past three years, according to a report being released Wednesday by an environmental group. Records compiled by the Center for Biological Diversity showed state violations ranging from severe corrosion to failed and missing tests required to gauge the strength of wells.

Stolt-Nielsen, Odfjell, Tokyo Marine, Team Tankers – satPRnews

Category : Machinery & EquipmentThis The global Chemical Tanker Shipping market report wraps a thorough perception into the  Chemical Tanker Shipping market and recognizes the chief trends associated to the different sectors of the market., in In addition to this, it offering offers methodical information rich in quantity and quality.

Platform stoppages hit PetroRio production

DefinitionsProjects covered include state-owned and private projects in the Infrastructure, Electric Power, Oil & Gas (excluding upstream), Water and Waste, and Mining sectors.Where applicable, a project is considered as such until the end of construction and ramp-up to full capacity (with the exception of mining projects, where the date of commissioning signifies the end of the project).

How to tell category data cables apart - 31 January 2017 - Helukabel SA

Information from Helukabel.Customers often ask about data cable categories and what they mean. For many end users, engineers and purchasing agents, who dont work with these types of cables on a daily basis, the different categories can seem complicated and overwhelming. However, what appears to be complex at first glance, can be simple to understand with a couple of tips.

7 Stocks to Buy That Are Leading the Way Higher

Stocks are rebounding strongly on Thursday ahead of Fridays big non-farm payrolls report thanks to easing fears over U.S.-China trade tensions. Investors are realizing that opening tariff salvos are unlikely to be implemented. Instead, they are an opening gambit in whats set to be a long and high-stakes negotiation.With stocks quite oversold on a technical basis…

Keppel seals deal with KrisEnergy as preferred contractor

Keppel Corp has sealed a deal to be the preferred contractor for upstream oil and gas company KrisEnergy for various works and services.The company said in a stock market announcement that its wholly-owned subsidiaries, Keppel FELS and Keppel Shipyard had entered into a cooperation agreement with KrisEnergy where Keppel…

Senator Kaine Discusses Offshore Drilling Concerns in Wachapreag

WACHAPREAGUE, Va.- Senator Tim Kaine invited local businesses and community leaders to Wachapreague Monday morning to start a conversation about the Trump Administration's proposal to open up Virginia's waters to offshore oil and gas drilling.Leaders and officials gather around the table discussing their concerns, focusing…