Overview Ultrapetrol serves the shipping markets for grain, vegetable oils, minerals, crude oil, petroleum and refined petroleum products, as well as the offshore oil platform supply market. It operates three segments: a river...
The Baltic Dry Index (BDI) touched a 25-year low of 647 points on Feb. 3, while weak shipping demand and a seasonal boost in capacity last month added to the challenges facing China's...
The Presidency of Honduras on Dec. 21 said the Cabinet has approved a contract for a special trust for the construction of a bulk cargo terminal at Puerto Cortez. The trust will be...
The State-owned Oman Gas Co. (OGC) has expanded its gas network with a pipeline tying the Nimr field to Salalah on the south-western coast. The MOG has said domestic demand for natural gas...
The EU may allow some of its members to use strategic oil reserves after an oil embargo on Iran goes into effect on July 1. In Davos, EU Energy Commissioner Guenther Ottinger on...
Saudi Petroleum & Mineral Resources Minister Ali al-Na'imi has repeatedly stated in recent days that the kingdom will be able to almost instantly raise its crude oil production from 10m to 11.8m b/d...
Ukraine not to quarrel with anyone over gas issues - Yanukovych Ukraine does not intend to quarrel with anyone either over diversifying energy supplies or creating a gas transportation consortium, Ukrainian President Viktor...
Lietuvos dujos to buy gas from Gazprom Export in 2012, but at current price Lithuanian gas import and transport company Lietuvos dujos will purchase gas from LLC Gazprom Export, subsidiary of Russia's OJSC...
ZUG, Switzerland -- Foster Wheeler AG (Nasdaq: FWLT) announced today that its India subsidiary, Foster Wheeler India Private Limited, part of its Global Engineering and Construction Group, has been awarded a contract for...
SAN RAMON, Calif. -- Chevron Corporation (NYSE: CVX) said that its subsidiary, Chevron Nigeria Limited (CNL), has called off the search and rescue activities for two contractors who were missing after Monday's fire...
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/d6bd06/india_shipping_rep) has announced the addition of the "India Shipping Report Q1 2012" report to their offering. India's economy and trade continues to expand rapidly. BMI expects this growth...
New Long-Term Gathering, Processing, Transportation Agreements for Lucius, Hadrian South Fields Signed in Support of New Project TULSA, Okla. -- Williams Partners L.P. (NYSE: WPZ) and DCP Midstream Partners, LP (NYSE: DPM) today...
LONDON -- In 2010, the new orders obtained by China shipbuilding industry valued USD36.3 billion, accounting for 38% of the global market and surpassing the 37% taken by South Korea. From January to...
SAN RAMON, Calif. -- Chevron Corporation (NYSE: CVX) said that an extensive search and rescue effort continues for two contractors who remain missing after yesterday's fire aboard the K.S. Endeavor, a drilling rig...
SAN RAMON, Calif. -- Chevron Corporation (NYSE:CVX) reports that its subsidiary, Chevron Nigeria Limited, is working to contain a fire that ignited early this morning aboard the K.S. Endeavor, a drilling rig offshore...
Most carriers once again improved earnings during the fourth quarter, riding a wave of rate increases and modest but steady freight growth, two trends that are expected to continue in 2012. When publicly...
Egypt has built up a gas export programme which has become one of its main external sources of income. The balance of Egyptian trade in crude oil, condensates and refined products is in...
Associations Darrin Flitton, fleet and truck stop manager for Sinclair Oil's Gold Truck Stop network, has been elected Natso's chairman for 2012. Flitton has served 24 years in truck stop, travel plaza and...
PARIS -- Regulatory News: Technip (Paris:TEC) was awarded two contracts by the international energy company Statoil, worth a total of around [euro]55 million, for the Vilje South field and Visund North developments located...