THE dollar has opened marginally higher as the Cyprus bailout deadline approaches. At 7am AEDT, the Aussie was trading at $US1.0438, up slightly from Friday's local close of $US1.0426. During the weekend offshore session, the currency ...
Tags: economy
Reviews of offshore oil and gas exploration plans and approval of drilling permits may be delayed by mandatory across-the-board budget cuts known as a "sequester," US Bureau of Ocean Energy Management Director Tommy Beaudreau said ...
Tags: Metallurgy, Mineral, Energy, oil, gas
Iran is re-appraising an offshore oil field that India's Oil and Natural Gas Corporation (ONGC) had abandoned as commercially non-viable, the semi-official Mehr news agency reported Wednesday. "The project is at the stage of processing ...
Investors ignored positive offshore leads yesterday as political uncertainty grew following the dramatic events in Canberra throughout the afternoon. The benchmark S&P/ASX 200 closed down 0.2 per cent at 4959.4 points, reversing an early ...
Tags: benchmark, Canberra Chaos, Reverse
The U.S. Senate's comprehensive immigration bill is expected to include an H-1B cap hike and a higher fee structure aimed at offshore outsourcers. Work on the bill is continuing, and a snapshot of its various components were shared by ...
THE Australian dollar has closed higher, climbing back above 104 US cents as the turmoil in Cyprus prompted fresh buying of the local currency. Westpac chief currency strategist Robert Rennie said the Australian dollar represented ...
Tags: Australian Dollar, economy
Shanghai-based Chinese steel giant Baosteel has announced that, with the delivery of a final batch of welded pipe, it has completed its total supply of 87,000 mt of line pipe to China National Offshore Oil Corp. (CNOOC) for the 3-1 gas area ...
Tags: Metallurgy, Mineral, Energy, steel
March 22, 2013 - The Organization of Canadian Nuclear Industries (OCI) commends the Government of Canada for its 2013 budget, saying it provides strategic investments in the manufacturing sector, as well as investing in skills training that ...
Tags: Nuclear Industries, Federal Budget, Consumer Electronics
Reportedly, Swedish-based special steel producer, Ovako, announced to introduce its new hot-rolled ring mill at its Hofors works in Sweden. Meanwhile, the company has invested approximately €8million for targeting on larger dimensions ...
Tags: Metallurgy, Mineral, Energy, steel, special steel
Two US Senate Democrats Monday introduced bills aimed at cutting some federal support for oil and gas companies. California Senator Dianne Feinstein introduced the Drilling Royalty Relief Prohibition Act, which would prohibit the Interior ...
Tags: oil, gas firms, gas offshore
BP can bid in next week's Central Gulf of Mexico offshore lease sale, but will be disqualified if, after a 90-day review, the company remains under the suspension that was imposed on federal contracts after its guilty plea to Macondo oil ...
Tags: BP, Macondo well, Ocean Energy
The dollar edged lower after investors reacted negatively to an international bailout package for Cyprus that raised concerns about fresh upheaval in the eurozone. The eurozone has taken the unprecedented step of proposing a new levy on ...
Tags: Dollar, eurozone, risk assets
The UK's BG Group is holding "secret talks" on the possible development of the Gaza-Marine offshore gas field, Israeli economic daily Globes reported Thursday. A spokesman for BG told Platts the company does not speculate about "what we ...
Tags: offshore gas field, offshore gas, gas
As part of their continued growth Coastline Surveys Ltd are delighted to announce the launch of Coastline Offshore Ltd, a new division of the company specifically developed to meet the growing demands for specialist offshore geotechnical ...
GE's Power Conversion business has signed a turnkey contract with the Lindoe Offshore Renewables Centre (LORC)—a Danish centre for testing renewable energy technology—for the construction, commissioning and handover of what it ...
Tags: Wind Turbine, Electrical, Electronics