LATEST ARTICLES

China’s CIMC Raffles on Friday held a naming ceremony for an offshore gas compression unit it built for Coastal Contracts. The naming ceremony was held in Cimc Raffles Longkou Shipyard. The...

zoom Amec Foster Wheeler has won a three-year Integrated Services Contract (ISC) by Maersk Oil for work in the UK North Sea. The integrated services will start in September 2015 and will run...

BAGHDAD, Aug 25 (Reuters) - Iraq has paid foreign oil companies $9 billion in remaining arrears for 2014 and was paying outstanding fees for 2015 in stages until the...

zoomAlexey Miller The Gazprom headquarters hosted Friday (August 28) a working meeting between Alexey Miller, Chairman of the Gazprom’s Management Committee and Rainer Seele, Chairman of the Executive Board of...

John Mauldin defends the faith of what he calls the 'fracking gospel' but fails Economics 101. In his recent post 'Riding the Energy Wave to the Future', he claims that oil prices...

zoomHans Petter Eikeland Bergen Group ASA has appointed Hans Petter Eikeland as new CEO for the Group for a period until July 1, 2016. Eikeland succeeds Asle Solheim as from Friday, August...