Oil News

FISH FACTOR: Catches reflect volatility among pollock, cod stocks

Catches for next year's groundfish fisheries reflect ups and downs for Alaska's key species pollock and cod and the stocks appear to be heading north to colder waters.The bulk of Alaska's fish catches come from waters from 3 to 200 miles offshore with oversight by federal fishery managers. Their advisory arm, the North Pacific Fishery Management Council…

Help or hinder? How Trump could impact SC political races

A polarizing figure who energizes both the left and right, President Donald Trump will loom over the Nov. 6 general election.What remains to be seen is how Trumps ties to S.C. Republicans will influence Palmetto State voters.Does Trump hurt or help? The answers is, Yes, said Winthrop University political scientist Scott Huffmon.

DP World Sees Key Role for Once-Isolated State in Port Strategy

(Bloomberg) -- The Red Sea state of Eritrea may play a key role in DP World Ltd.s plans in the Horn of Africa, where a dozen ports could be needed to service the region, Chief Executive Officer Sultan Ahmed bin Sulayem said.The Dubai-based state-controlled harbor operator is evaluating its strategy in the region after having its stake in a port in Djibouti -- the main trade route for Ethiopia…

Maritime sector catalyst for Nigerias industrialisation NIMASA – Daily Trust

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said for Nigeria to effectively move away from an oil-dependent economy and industrialise, it must develop the blue economy.This was the position of the Dr. Peterside and other top players in the maritime industry…

Industrial activities should be prohibited in marine protected areas: panel

HALIFAX — Oil and gas exploration and bottom-trawling fishing should be prohibited in the marine protected areas off Canada’s coasts, a federal advisory panel says.In a final report released Tuesday, the panel says Ottawa should adopt standards developed by the International Union for the Conservation of Nature, which prohibits…

Saint-Tropez beaches hit by Mediterranean oil spill

Affected beaches will be closed during the clean-up.MoreSome of the oil that leaked from ships involved in an accident in the Mediterranean earlier this month has washed up on the white-sand beaches of the glitzy French resort of Saint-Tropez, local authorities said Tuesday.The mayor of the village of Ramatuelle, which lies on the Gulf of Saint-Tropez…

LUKOIL begins construction at Rakushechnoye field

As part of his working visit to Astrakhan, President of LUKOIL Vagit Alekperov, jointly with Head of the Astrakhan Region Sergey Morozov, took part in the official groundbreaking ceremony to mark the start of construction of infrastructure facilities of Rakushechnoye field. This is the company's third large project in the Caspian Sea alongside with two other fields…

Ashford won't lobby for Rural Media after all

With David Beavers and Daniel LippmanASHFORD WONT LOBBY FOR RURAL MEDIA AFTER ALL: Former Rep. Brad Ashford (D-Neb.), who registered as a lobbyist last week, wont be lobbying for Rural Media Group after all. There was just a misunderstanding, Ashford told PI. He declined to elaborate. Ashfords firm, Houghton Bradford Whitted, filed paperwork on Friday terminating the registration.

Tracking Dayrate And Utilization Trends In The Offshore Drilling Industry - September 2018 Edition

It has become something of a tradition for me to discuss the utilization and day rate trends in the offshore industry on a regular basis. Unfortunately, IHS Markit has not always been publishing its monthly Offshore Rig Day Rate Trends report as regularly as it used to, so I have been forced to only make semi-regular updates to followers of this column.

The Latest: Israeli military welcomes reopening of crossing

2:30 p.m. An Israeli military official says the opening of a crossing between the Israeli-controlled Golan Heights and Syria "re-empowers" the United Nations after being driven out of the area by Syrian rebels. Maj. Nehemia Berki spoke on Monday at a U.N. ceremony marking the reopening. Berki acts as the liaison between the Israeli army and the U.N. The U.N.

IMO 2020: Number of Vessels With Scrubbers Installed or Ordered Jumps to 1,850

Scrubber installation on an AIDA cruise ship. According to the latest numbers from DNV GL there are now 1,850 vessels with installed or confirmed orders for scrubbers, up from 817 in May, and the number will "easily" reach 2,500 by 2020. The huge jump follows a summer of almost daily announcements by shipowners saying they…

3 Defense Picks to Tap Rising U.S. Military Equipment Sale

Zacks Equity Research,Limited restrictions and rising global conflicts are driving sales of U.S.-manufactured military equipment, aiding revenue growth for some defense companies.MoreSales of U.S. military equipment to foreign governments increased more than 33% to about $55.6 billion in the last fiscal year (ended Sep 30), Reuters reported earlier this week. Easing of restrictions by the U.S.

Flash - Ships locked together after Mediterranean collision break free

MARSEILLE (AFP) - Two ships locked together after a collision in the Mediterranean that caused an oil spill have broken away from each other, easing recovery operations, French maritime officials said.The accident occurred early Sunday when the Tunisian freighter Ulysse slammed into the Cyprus-based Virginia anchored about…

Stena Bulk Forms Chemical Tanker JV With Bay Crest Management

Golden-Agri Stena, a joint venture between Sweden based tanker shipping company Stena Bulk and Indonesia’s largest palm oil producer Golden Agri-Resources, has started a new joint venture with Japan's Bay Crest Management for the the operation and commercial management of chemical tankers.The new joint venture, GSB Tankers…

Oil and Gas Subsea Umbilicals, Risers and Flowlines Market Research, Size, Share Analysis by Manufac

The Oil & Gas Subsea Umbilicals, Risers & Flowlines Market Report discusses about the new Advances and Prospects in Oil & Gas Subsea Umbilicals, Risers & Flowlines Market. This report analyses adoption trends, key challenges, future growth potentials, key drivers, competitive outlook, restraints, opportunities, market ecosystem…

No charges for Greenpeace aerial blockade at Ironworkers bridge

Twelve protesters who were part of Greenpeaces aerial blockade of oil tankers in Burrard Inlet this summer will not face criminal charges. The 12 included seven people who suspended themselves from ropes underneath the Ironworkers Memorial Second Narrows Crossing for 38 hours at the beginning of July, and five others who acted as a support team on the catwalk underneath the bridge.