Oil and Petrochemicals
Public Companies Produce 68 Percent of Oil and Gas in the United States
Public companies, with a 2 percent share of producers, accounted for 68 percent of oil and gas production in the United...
Oil and Petrochemicals
Oil and Petrochemicals
Bounty Oil & Gas Enters Liberia for Oil and Gas Exploration
Bounty Oil & Gas is engaging in exploration in block LB-32 off the coast of Liberia by acquiring PetroQuest Liberia Deep...
Oil and Petrochemicals
CoreMarine Acquires Ownership of BravOcean
Norwegian engineering company CoreMarine strengthened its presence in the underwater market in Brazil by acquiring BravO...
Oil and Petrochemicals
Navitas Petroleum Acquires 37.5% of Block 1 CBK in South Africa
Navitas Petroleum has successfully acquired 37.5% of Block 1 CBK off the coast of South Africa. This deal was executed a...
Oil and Petrochemicals
Development of the Largest Ethane Carrier Concept by HD Hyundai Heavy Industries
HD Hyundai Heavy Industries has launched a project to develop the largest ethane carrier concept. This project will focu...
Oil and Petrochemicals
Trafigura Launches VLCC Tanker Company Volare
Trafigura enters the tanker market by launching Volare as an operator for very large crude carriers. This move comes in...
Oil and Petrochemicals
LS Marine Signs $113 Million Contract for Shinan Oi Wind Project
LS Marine Solution has signed a $113 million contract for the transportation and installation of underwater cables with...
Oil and Petrochemicals
Trafigura Launches New Tanker Company Volare Shipping with Plan to Raise $500 Million
Trafigura continues to expand its fleet of tankers with the launch of Volare Shipping and a plan to raise $500 million.
Oil and Petrochemicals
Trafigura Launches New VLCC Shipment Volare Shipping in Oslo
Trafigura is launching Volare Shipping with six VLCC tankers and a $500 million development plan. This shipment will soo...
Oil and Petrochemicals
Oil tanker Merchant Mariner in Dang Quat port and the risk of sinking
The oil tanker Merchant Mariner is entering Dang Quat port and has suffered flooding with a cargo of 174,000 tons of iro...
Oil and Petrochemicals
Toro Corp Acquires Two New Tankers Worth $83.4 Million
Toro Corp has doubled its MR tanker fleet by purchasing two new tankers worth $83.4 million. This acquisition aids the c...
Oil and Petrochemicals
Yangzijiang Maritime Confirms 24 New Ships in Its Construction Program
Yangzijiang Maritime has updated its construction program by confirming 24 new ship orders. These ships will be delivere...