Russian energy giant Gazprom said its sales of liquefied natural gas more than doubled in 2014, as compared to the year before.
Russian energy giant Gazprom said its sales of liquefied natural gas more than doubled in 2014, as compared to the year before.
Hess Corporation, a U.S.-based independent oil and gas company today reported an adjusted net loss, of $279 million for the first quarter of 2015 compared with adjusted net income of $446 million. The company has explained that lower realized selling prices reduced adjusted net income by approximate
Eni has kicked off production from its Cinguvu offshore oil field, from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore. The field is located around 350 kilometers northwest of Luanda and 130 kilometres west of Soyo. The West Hub Development Project encompasses the devel
The following gallery shows Regal Princess, a Royal-class cruise ship operated by Princess Cruises, during her yesterday’s arrival in Rotterdam, the Netherlands. She is currently on a cruise which started on April 15th in Fort Lauderdale and ends on May 2nd in Copenhagen. Regal Princess was delive
World’s oceans are worth at least USD 24 trillion, but numerous threats are driving this economic powerhouse towards collapse, according to an international NGO World Wildlife Fund. The valuation is contained in a new WWF report: ‘Reviving the Ocean Economy: The case for action – 2015,’ which ranks
Petrofac and Amec Foster Wheeler are reportedly planning to cut jobs amid the oil price tumble. BBC reports that Petrofac is in consultations with workers both onshore and offshore. According to Reuters, Amec said it was in consultation with 149 employees based in Aberdeen and that 64 positions migh
U.S. offshore drilling contractor Hercules Offshore has reported a net loss of $57 million for the first quarter 2015, compared to net income of $19.9 million realized in the corresponding quarter of 2014. Revenue fell to $122.6 million versus $257.7 million a year ago. These are challenging times f
Lithuania’s Natural Gas Transmission System Operator, Amber Grid, and the European Union’s Innovation Network Executive Agency signed an agreement on the EU’s financial support for the construction of the Klaipėda-Kuršėnai gas transmission pipeline.
Lithuania’s Natural Gas Transmission System Operator, Amber Grid, and the European Union’s Innovation Network Executive Agency signed an agreement on the EU’s financial support for the construction of the Klaipėda-Kuršėnai gas transmission pipeline.
An international maritime union Nautilus International has criticised a South Korean appeals court’s decision to sentence the captain of the ferry Sewol to life imprisonment after ruling that he was guilty of homicide. The high court rejected an appeal by Lee Joon-seok, who was in command of the fer
Aker Solutions’ revenue rose 14 percent to NOK 8.5 billion in the first quarter of 2015 from a year earlier, boosted by progress on major projects from Angola to Brazil and Norway.
Aker Solutions’ revenue rose 14 percent to NOK 8.5 billion in the first quarter of 2015 from a year earlier, boosted by progress on major projects from Angola to Brazil and Norway.
EnBW’s offshore wind farm Baltic 2 generated the first kilowatt hour of electricity and fed it into the grid last weekend. EnBW Baltic 2 is currently being built 32 kilometres north of the island of Rügen in the Baltic Sea. At this point, 60 of a total of 80 wind energy turbines have been installed.
