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Americas
Petrobras FPSO to boost production in Lula field
San Francisco: Petrobras said on Friday that a new had arrived in the Lula field offshore Brazil to help boost output there.…
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Americas
Tugboat collision leads to barge spilling caustic soda in Mississippi River
San Francisco: A barge overturned and spilled a quantity of caustic soda into the Mississippi River on Friday following a…
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Americas
West Coast ports dispute caused drop in US growth
San Francisco: The dock labour dispute that disrupted operations for months at the 29 West Coast ports in the US…
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Americas
BP agrees $18.7bn Deepwater Horizon penalty settlement
San Francisco: More than five years since the Deepwater Horizon disaster, BP on Thursday agreed to pay nearly $19bn in…
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Americas
Petrobras sells stakes in two oilfields
San Francisco: Petrobras announced on Wednesday it is selling its stakes in two offshore oilfields to a Brazilian company, immediately…
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Americas
Shell gives OK for its biggest Gulf of Mexico floating platform
San Francisco: Shell gave the go-ahead on Wednesday for what would be its largest Gulf of Mexico floating platform. It…
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Americas
Schlumberger in three-party MOU for offshore Mexico exploration
Houston: Schlumberger has entered into a three-party memorandum of understanding with Spectrum and PGS for cooperation in Mexico and Mexican waters.…
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Americas
Husky Energy starts oil production at South White Rose project offshore Newfoundland
San Francisco: Canadian firm Husky Energy has started oil production from the South White Rose project in the Jeanne d’Arc…
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Americas
Shell drillship Noble Discoverer heads to Arctic, this time for real
San Francisco: A day after a false alarm that had protesters mobilising prematurely, the Shell drillship Noble Discoverer was really on…
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Americas
Shell aims to begin Arctic drilling third week of July
San Francisco: Shell said on Monday it could be able to start drilling for oil in the Arctic by the…
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Americas
US Supreme Court denies BP and Anadarko bids to curtail Deepwater Horizon penalties
Washington: The US Supreme Court on Monday turned down attempts by BP and Anadarko Petroleum to limit their exposure to…
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Americas
Petrobras slashes its five-year investment plan
San Francisco: Petrobras announced on Monday it will cut its five-year investment budget to $130bn as it tries to adjust…
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Americas
Argentine judge orders seizure of assets belonging to oil firms working in Falklands waters
San Francisco: The Falklands Islands’ oil dispute was turned up a notch with a decision by an Argentine judge to…
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Americas
Panama Canal authority gets US grant to look into LNG import terminal
San Francisco: The US Trade and Development Agency (USTDA) has awarded a grant to the Panama Canal Authority (ACP) funding…
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Americas
Barge captain gets six-month jail for fatal explosion in Chicago canal 10 years ago
Chicago: Ten years after the event an Illinois man was sentenced to six months jail time for negligent manslaughter and…
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Americas
Petrobras asks US judge to throw out class-action fraud case brought by investors
San Francisco: Petrobras, Brazil’s graft-racked state-run oil giant asked a US judge on Thursday to throw out a fraud case…
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Americas
Harvey Gulf Marine creates LNG OSV shipbuilding powerhouse
New Orleans: Harvey Gulf International Marine announced on Thursday it has created a new entity to manage its recently acquired…
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Americas
Senate committee approves bill monitoring performance of major US ports
Washington: A US Senate Commerce Committee approved by majority voice vote on Thursday the Port Performance Act, meaning the measure…
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Americas
Sete Brasil in talks with Cosco Shipyard Group to build two offshore rigs
San Francisco: Sete Brasil, the offshore oil and gas management and investment company closely associated with Petrobras, revealed on Thursday…
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Americas
Maersk will continue to use Port of Houston despite end of APMT’s lease
Houston: Maersk Line said on Wednesday that it will continue to call at the Port of Houston even though last…
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