Murphy Oil is making inroads in developing an oil field off the coast of Vietnam, with the start-up on schedule for the next quarter. The firm is also pursuing other hydrocarbon projects not just in Southeast Asia, but also in other regions of the worl…
Murphy closing in on first oil from Southeast Asian offshore project Read More »
Owners earning blockbuster rates for passing through Strait of Hormuz and Bab el-Mandeb
Sinokor snatches $510,000 per day VLCC spot fixture for Strait of Hormuz transit Read More »
It’s the ‘right time’ to seize a rare market opportunity, says CEO Thomas Lister
Global Ship Lease boss defends ‘transformative’ newbuilding bet Read More »
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) and its partner, the U.S.-headquartered energy firm ConocoPhillips, have brought online the next expansion segment at an existing oilfield off the coast of China, ena…
Latest chapter up and running at Chinese oilfield project housing 19 offshore platforms Read More »
Daily operating margins for its operated fleet of bulkers remain at four-figure levels
Pacific Basin Shipping quadruples profit as freight markets strengthen Read More »