Americas
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EU approves Schlumberger takeover of Cameron
Multinational oil field services company Schlumberger on Friday received the okay from the European Union for its takeover of oilfield equipment…
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Mexico’s oil ports on the Gulf closed because of storms
Storms on Mexico’s side of the Gulf of Mexico caused the closure to shipping of the country’s three crude oil…
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Weatherford International to cut 6,000 jobs
NYSE-listed oil-field services company Weatherford International has announced 6,000 job cuts in the first half of 2016 in response to…
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Panama Canal Authority says expansion will be complete by end of June
The head of the Panama Canal Authority (ACP) said on Wednesday that the long-awaited expansion of the great commercial waterway…
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2 million sign petition against offshore drilling on US east coast
Green activists on Wednesday delivered to the White House a petition of 2 million signatures calling for the reversal of…
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Noble Corporation scraps two and stacks two
Noble Corporation revealed in its full year results that it has retired drillship Noble Discoverer and jack-up Noble Charles Copeland,…
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Lawsuit brought against Albany oil terminal operator
Residents living near an oil terminal at the Port of Albany have launched a citizens’ lawsuit saying the company operating…
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Aframax tanker strikes wharf near New Orleans
The US Coast Guard was investigating on Wednesday how an empty oil tanker managed to hit a wharf on the…
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Tugboat grounding causes chaos on the Mississippi
Nearly three dozen barges were loose on the Mississippi River after the vessel towing them ran aground. The US Coast…
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Harris CapRock: ‘The demand for bandwidth is insatiable’
Houston: Satellite communications have historically been facilitated by antennas which have been primarily single-band and required physically and manually changing…
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Port of LA hit by another air pollution scandal
Following a scandal last October over failed pollution targets, the Port of Los Angeles is facing more bad news after…
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BP terminates Oceaneering vessel contract
Oceaneering International has announced that BP has exercised its right to terminate its use of the chartered vessel at the…
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Anadarko Petroleum to cut capital expenditure by half this year
Woodlands, Texas-based Anadarko Petroleum is expecting to cut capital expenditure by half this year in response to the plunge in…
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Another blow for Port of Oakland as Outer Harbor Terminal files for bankruptcy
The Port of Oakland expressed disappointment at Monday’s decision of Outer Harbor Terminal to file for Chapter 11 bankruptcy. The…
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Former international head of Petrobras handed 12-year jail term for corruption
The former head of Petrobras’ international division was jailed for more than 12 years on Monday for his role in…
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Port of New York and New Jersey reopens following Friday’s strike action
Cargo terminals at the Port of New York and New Jersey were returning to normal service on Monday following Friday’s…
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GE Oil & Gas announces first global maintenance deal for SBM’s fleet of FPSOs
NYSE-listed GE Oil & gas, a subsidiary of the US conglomerate GE, on Monday announced what it says is an…
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Premier Oil serves Ocean Rig with breach note
Ocean Rig has received a notice of breach of material obligations from Premier Oil, for which the Economou-led company’s semi-submersible…
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Statoil enters Uruguay
Statoil has agreed with Total to acquire a 15% working interest in offshore exploration block 14 in Uruguay. Block 14…
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Unpaid crew face prosecution in Colombia
Eighteen crewmembers onboard the 20-year-old bulk carrier, unpaid for months, and stranded in Barranquilla, Colombia since November are being threatened…
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