Bahamas Petroleum Company’s (BPC) shares dropped almost 70 percent on Friday after it announced an oil major it had exclusive talks over its offshore blocks in the Bahamas had backed away. The shares fell to around 2 pence on Friday, from the close of 6.35p on Thursday.
US LNG export project developer NextDecade said it has agreed to sell stock to funds managed by BlackRock.
Tariffs on Chinese products and retaliatory responses to cover 8.4% of trade through US ports by value.
7 ships are stranded outside the Kaohsiung Port in Taiwan after strong storm.
Sakhalin Energy, the operator of Russia’s first LNG export plant located in the country’s Far East, stopped production from one of the project’s trains last weekend.
Nasdaq-listed Golar LNG Partners, a limited partnership formed by Golar LNG, reported a net income of $28.4 million.
One person was severely injured and three suffered minor injuries on board the jack-up installation vessel Pacific Osprey around 17:25 (CET) on 23 August, when the box section of the crane boom collapsed onto the bridge.
The plan to dredge the river Elbe has finally received the green light.
The Saudi-led coalition says it thwarted attacks on merchant vessels with explosives-laden speedboats.
Liquefied natural gas (LNG) exports from the United States declined during the week ending August 22, according to the Energy Information Administration.
Klaipedos Nafta, the operator of Lithuania’s only LNG import terminal, said it has appointed Laura Garbenčiūtė-Bakienė and Andrius Varanavičius as independent members of the audit committee.
The final environmental impact statement for Hilcorp’s Liberty project in the Beaufort Sea has been made available by BOEM.
Ulstein has launched a new series of fish trawlers with ship solutions for sustainable fishing methods and processing. The goal is, among other things, more gentle handling of the fish and introduction of environmentally-friendly ship solutions, the company said. On this project, Ulstein has worked
The Navy said the project budget for the purchase, modifications, and introduction into service of the dive and hydrographic capability was $103 million.
