Australia’s Origin Energy wants to sell its 50 per cent stake in the offshore Kupe gasfield to Contact as part of a proposed “merger” at a time when the development costs have escalated to $800 million.
The formalities required for the presence and operation of the Petropars Oil Co. in Venezuela have been completed and a branch office of the company is already operating in that country
An 874-foot container ship still clings to the sandy beach where it has sat since Christmas Day when it ran aground in shallow waters less than 2 miles from Ensenada’s port.
The “KM Lady Fortune” with some 200 passangers and cargo on board sank at 03.00 a.m. on Sunday in the Merpati reef, west of Peling island, Banggai district, Southeast Sulawesi, sources said.
The ship terminals that ring New York Harbor have been offered as Exhibit A by critics who say it would be crazy to allow a United Arab Emirates company to play a major role in operating U.S. ports.
In the last six hours the Black Pearl has hung onto her lead as the fleet knuckles down and lays the next mark: Cape Horn. The whole fleet continues on its southeasterly course in 20-25 knot northerly winds and positions have not changed since the 1000 update
In cooperation with law enforcement agencies and naval forces in the Atlantic, the Spanish police have detained a ship that was carrying three tons of cocaine, Cadena SER radio said.
TREATMENT for one of the major diseases caused by the widespread past use of asbestos in industries such as ship building is costing the NHS in Scotland more than
Work started on what will be Vietnam’s biggest container ship on Feb. 24 at the Nam Trieu Shipbuilding Industry Company in the northern port city of Hai Phong.
Three more available blocks off Myanmar’s southern Tanintharyi coast are under natural gas exploration with test wells being planned for drilling by Malaysia ‘s Petronas Company, sources with the state-run Myanmar Oil and Gas Enterprise confirmed Sunday.
Tankers and other liquid-carrying ships calling at New Jersey ports will soon have to carry increased insurance against the chance they spill cargo
A subsidiary of the state-run giant shipbuilder Vinashin in the northern port city of Hai Phong Friday began work on eight container ships worth
Out in front, in a class of their own in these conditions, ABN AMRO ONE are inexorably moving away from the next two boats, while Ericsson haven
With the tactical battle for the first Ice Gate still weighing heavily on everyone
