Chinese oil giant Sinopec is expected to see drilling right of an oil field operated by its subsidiary Addax Petroleum in Gabon be withdrawn by local government. Etienne Ngoubou, a senior official with the Gabonese government, disclosed ...
Tags: Metallurgy, Sinopec
THE Australian dollar was slightly higher yesterday after taking a roller-coaster ride in the previous 24 hours. On Thursday afternoon the currency dropped to an almost three-year low of US94.35c, but in offshore trade on Thursday night ...
Tags: Service
The Australian dollar is slightly higher after it was taken on a roller coaster ride over the past 24 hours. The currency dropped yesterday afternoon to an almost three-year low of 94.35 US cents, but in offshore trade last night it ...
Tags: Dollar, US Economic Figures
Mobile telecoms firm Vodafone paid no UK corporation tax for a second year running, despite its revenues exceeding £5bn in Britain. Vodafone, which owns and operates networks in over 30 countries, claimed that its investment in ...
Tags: Computer Products, Mobile telecoms
Wärtsilä, the marine industry's leading solutions and services provider, has been contracted to provide the design for a large heavy construction vessel (HCV). The ship is to be built for Subsea 7 S.A., the seabed-to-surface ...
Tags: Transportation, Service, Design
Freeport-McMoRan Energy has missed its deadline and can no longer build an onshore Alabama pipeline to a longer offshore pipeline that would have brought liquefied natural gas from an import terminal in the Gulf of Mexico, the US Federal ...
The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy
Jürgen Zeschky, CEO of wind turbine equipment maker Nordex, said in general generalholders meeting that Nordex's sales of this year was expected to increase by 10%-20%, reaching euro1.2-1.3 billion. EBIT margin was expected to reach 2% ...
Tags: wind turbine, Nordex
There has been some uneconomic duplication of facilities such as loading jetties at the three LNG export projects being built on Curtis Island offshore the eastern Australian port of Gladstone, a senior executive at one of the projects ...
Tags: LNG Terminals, Chemicals
Sembcorp Marine's PPL Shipyard secures US$220.5 million contract to construct a jack-up rig for Bot Lease Co., Ltd Monday, Jun 03, 2013 Sembcorp Marine’s subsidiary PPL Shipyard has secured a contract to build a jack-up drilling rig ...
Tags: Transportation, drilling rig, Service
Pieridae Energy Canada, the developer of the Goldboro LNG project in Nova Scotia, has signed a 20-year sales agreement to start delivering 5 million mt/year to German utility E.ON in the first quarter of 2020, Pieridae said Monday. The ...
The sharemarket pared losses after falling to a four-month low today as the market began to speculate on the potential for a surprise interest rate cut from the Reserve Bank of Australia. A higher Australian dollar initially weighed on ...
Tags: Stocks, RBA Meeting
The Myanmar-China natural gas pipeline has been completed and is ready for trial operations, and a parallel oil pipeline is 94% complete, state-owned China National Petroleum Corp. said Friday on its website. The 12 Bcm/year gas pipeline ...
Tags: Metallurgy, Mineral, Energy, natural gas
Australian stocks finished lower as investors sold off mining stocks due to weaker commodity prices. The benchmark S&P/ASX200 index was 38.3 points, or 0.78 per cent, lower at 4888.3 points, while the broader All Ordinaries index was 40.3 ...
Tags: Commodity Price, Rio Tinto, BHP Billiton
The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May