Dutch oil and chemical storage company Vopak and tanker operator Exmar said on Wednesday that they had decided not to pursue the acquisition by Vopak of Exmar’s participation in Floating Storage Regasification Unit (FSRU) assets.
Source: Offshore
Vopak and Exmar Call Off FSRU Deal
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The Australian government’s move, due to take effect on July 1, drew a swift rebuke from gas producers.
Source: Offshore
Australia Plans LNG Export Limits to Help Ease Local Price Pain
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The world’s two biggest shipbuilders reported profit and issued an improved outlook.
Source: Offshore
World's Top Two Shipyards Signal More Orders as Earnings Improve
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The Trump administration’s proposal to slash tax rates on so-called pass-through businesses would deliver a windfall to investors in master limited partnerships.
Source: Offshore
Trump's Tax Cut Proposal Shines Light on MLPs
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Anadarko drops the most since August after the oil and natural gas explorer said it will shut more than 3,000 Colorado wells as part of an investigation into a deadly house explosion.
Source: Offshore
Anadarko Shares Fall After Colorado Blast Prompts Well Closings
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Bolstered by improving market conditions and the positive impact of its transformation program, Volvo Construction Equipment saw sales increase by 30 per cent in the first quarter of 2017 Improving market conditions in all regions except South America helped Volvo Construction Equipment (Volvo CE) report strong growth in sales, profitability, order intake and deliveries in…
DetailsSaudi Arabia, the world’s biggest crude exporter, is losing market share to Iraq and Iran.
Source: Offshore
Saudi Arabia Seen Losing Market Share to Iran, Iraq on Oil Cuts
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Tullow proposes to appoint its outgoing CEO as chairman.
Source: Offshore
Tullow Says Promoting CEO To Chairman Best For Company
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BHP Billiton has put its Fayetteville shale gas assets in the United States back on the block.
Source: Offshore
BHP Billiton Puts US Shale Gas Assets On The Block Again
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Hess reports a smaller quarterly loss as a rise in oil prices and fall in costs helped the US oil producer offset a drop in production.
Source: Offshore
Hess Reports Smaller Loss As Oil Prices Rise, Costs Fall
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