More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies’ operating costs and capex needs, says Fitch Ratings in a new report.”This may negatively affect their credit quality unless they manage to…
Fitch Warns: Shippers’ Costs and Capex may Increase Read More »
A heavily corroded 180-foot ship to shore crane was demolished last week in a rare crane toppling event in San Juan.”The crane needed to be demolished as it was heavily corroded and SSA International (a stakeholder of the port in San Juan)…
Ship to Shore Crane Blasted in San Juan Read More »
Siemens Gamesa (SGRE), a renewable energy project developer and an Engineering Procurement Construction (EPC) provider, has won turnkey contract from renewable energy project developer ReNew Power for the development of two wind projects aggregating…
Siemens Gamesa Bags Orders for 176.8MW Wind Projects in India Read More »
Canadian oil and gas producer Encana has signed a deal to acquire all of the outstanding shares of common stock of Newfield Exploration Company in a USD 4.1 billion deal that will provide the former with significant positions in some of North America’s…
Encana Acquires US Shale Producer Newfield Exploration for USD 4.1 billion Read More »
The energy company Cuadrilla Resources has produced first gas from its fracking site in Lancashire in northwest England, after it began fracking operations there just over two weeks ago.The energy company said it has started to see natural gas flow at …
First Gas from Cuadrilla Fracking Site in Britain Read More »