Oil drilling industry is considered as the most delicate industries in the world. With the increasing demand of natural gas and oil various companies continuously look forward to improve the production of existing wells. China is the first ...
Tags: Oil, gas, Metallurgy, Mineral, Energy
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
Kongsberg Maritime announces bridge and automation retrofit project completed on Saipem 7000 crane vessel Thursday, Jun 20, 2013 Kongsberg Maritime has completed the installation and commissioning of an integrated bridge and automation ...
Coffee giant Starbucks has refused to comment on plans to tackle tax avoidance agreed by G8 leaders in Northern Ireland yesterday (June 18). Many have found Starbucks' UK tax strategy hard to swallow A spokeswoman for the firm ...
Tags: Tax avoidance, Archbishop of York, Starbucks, G8 Summit
Hong Kong Monetary Authority Chief Executive Norman Chan Tak-Lam said average daily trading volume of Hong Kong's RMB Real Time Gross Settlement (RTGS) system in May exceeded HKD RTGS for the first time. average daily trading volume of ...
The Australian cane industry is enjoying a period of rejuvenation, helped by an increase in foreign investment. Picture: Lyndon Mechielsen Source: The Australian This year's Australian sugarcane harvest has started in north Queensland ...
Tags: Cane Industry, Australia
Shell is hoping to extend the life of an offshore oil field in Brazil's Campos Basin until 2021, potentially adding five years of operation and as many as 20 million more barrels, Osman Tosun, the company's field development manager, said ...
Tags: Chemicals
Chinese oil and gas producers show rising interest in oil exploration and development in the arctic regions nowadays. An insider with China Petroleum Corp. (Sinopec Group), one of the top two oil and gas producers in the Chinese mainland, ...
Even with the shale revolution leading to booming US oil production, the head of the US Energy Information Administration said Wednesday he does not expect the country to become an oil exporter any time soon. Beyond the political ...
Lewa GmbH worked with experts from Nikkiso in Japan to develop the Ecosmart Multiplex with more flexibility in meeting the requirements of the various fields in which the Ecosmart pumps are used, and to convey larger total volume flows. ...
Tags: Multiplex Pump, Pump
Atlantic Offshore orders third vessel with Zamakona Yards Wednesday, Jun 12, 2013 Atlantic Offshore has ordered a new vessel valued EUR 25 million from the Spanish shipyard Zamakona Yards in Bilbao. The ship is the ninth newbuilding and ...
Tags: Transportation, Service
THE Australian share market extended its losses today as investors continued to move their money offshore amid concerns about a weak global economy. The ASX closed lower for the 12th day in 16 trading sessions, representing a fall in ...
Tags: Share Market, Global Economy
Seajacks International has entered into a contract with Samsung Heavy Industries to build the world's largest and most advanced offshore wind farm installation vessel. The vessel has been specifically designed to meet the demands associated ...
Tags: Service, Transportation
Musto, the market-leading sailing clothing brand with links to the Volvo Ocean Race dating back over 30 years, has been chosen as official supplier of sailing apparel and footwear for the next edition. “The Volvo Ocean Race has ...
Tags: Volvo, Official Apparel
Total E&P Indonesie expects the giant Mahakam gas block's proven reserves to fall to 2.7-3 Tcf by 2017 and plunge further to 1.3-1.6 Tcf in 2018 due to natural depletion, a company official said Thursday. "At the end of 2012, the ...