Oil & gas news
Maersk & Hamburg Sud ‘most reliable’
With overall on-time performances of 80.4% for Maersk and 78.5% for Hamburg Sud they have taken the title of most reliable container shipping carriers.
CNOOC secures three new blocks in the South China Sea
China National Offshore Oil Corporation has signed three production-sharing contracts with KUFPEC Inc.
Shell brings ship to shore technical services to customers
Shell Marine Products today offered a complete portfolio of marine lubricants for almost any type of vessel.
BG Group agrees sale of Australian pipeline for US$5 billion
BG Group plc today announced it has agreed to sell its wholly owned subsidiary QCLNG Pipeline Pty Ltd to APA Group.
UK motorists continue to be fleeced at the pumps
UK Motorists are losing out on average approximately £5 each and every time they fill up their vehicles.
BP expects US$1 billion restructuring charge in 2015
The charge will be spread across five quarters including the current quarter.
OPEC monthly oil market report 2015
Oil market highlights including crude oil movements, world economy, and world oil supply and demand.
BP presents upstream strategy to investors
BP expects US$1 billion in Group-wide restructuring charges over coming year.
Subsea 7 S.A. announces share repurchase
The company purchased 233 881 of its shares at an average price of NOK 65.87/share.
First gas from the Starfish field in Trinidad and Tobago
Located around 50 miles offshore, the field is connected to the 3000 t Dolphin platform.