Oil Technology

Zhoushan looking to rival S'pore in bunker fuel trade, Business News & Top Stories

ZHOUSHAN China's port city of Zhoushan is planning to challenge Singapore's dominance of the multibillion-dollar shipping fuel industry, relying on proximity to some of the world's biggest ports and Beijing's support to give it an edge.The port facilities in the cluster of islands around Zhoushan have annual marine fuel sales of 3.6 million tonnes…

Agriculture And Farm Machinery Market | Global Market Detailed Study 2018-2023 and More...

Heres The Agriculture And Farm Machinery Overview and ForecastA study on the Agriculture And Farm Machinery has been done in the midst of changing the environment around the world. The research report assumed significance due to several factors as some of the enterprises are keen to expand their horizon. Agriculture And Farm Machineryis nothing but alloy of titanium…

Oil giants sued for billions over 2011 oil deal | London Business News

The Nigerian government has today filed a $1.1bn lawsuit against Royal Dutch Shell and Eni in a commercial court in London in relation to a 2011 oilfield deal.The OPL 245 oilfield is also at the heart of an ongoing corruption trial in Milan in which former and current Shell and Eni officials are on the bench.Milan prosecutors…

Franklin Resources Has Cut Its Markel (MKL) Position as Market Valuation Declined; As General Dynami

Franklin Resources Inc decreased its stake in Markel Corp (MKL) by 2.01% based on its latest 2018Q3 regulatory filing with the SEC. Franklin Resources Inc sold 300 shares as the company’s stock declined 11.30% with the market. The institutional investor held 14,590 shares of the property-casualty insurers company at the end of 2018Q3…

Does Ardmore Shipping Corporation (NYSE:ASC) Have Gas After Even Less Sellers Involved? – The Cardin

The stock of Ardmore Shipping Corporation (NYSE:ASC) registered a decrease of 7.44% in short interest. ASC’s total short interest was 1.13M shares in December as published by FINRA. Its down 7.44% from 1.22M shares, reported previously. With 277,400 shares average volume, it will take short sellers 4 days to cover their ASC’s short positions.

Earth's mysterious 'deep biosphere' Is home to millions of subterranean ‘zombie’ lifeforms

A nematode (eukaryote) in a biofilm of microorganisms. This deep-dwelling creature (<em>Poikilolaimus sp.</em>) was discovered in the Kopanang gold mine in South Africa, and was found 0.86 miles (1.4 km) below the surface. (Gaetan Borgonie (Extreme Life Isyensya, Belgium))Life on Earth takes billions of shapes…

Frontline (FRO) Rating Lowered to Hold at DNB Markets

Frontline (NYSE:FRO) was downgraded by analysts at DNB Markets from a “buy” rating to a “hold” rating in a research note issued on Sunday. They currently have a $7.30 price objective on the shipping company’s stock. DNB Markets’ target price suggests a potential upside of 9.94% from the company’s current price.Several other research firms have also commented on FRO.

Two Stocks on Trader's Radar: Integrated Device Technology, Inc. (NASDAQ:IDTI), Nordic American Tank

Integrated Device Technology, Inc. (NASDAQ:IDTI)Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. IDT’s market-leading products in RF, real-time interconnect, wireless power, and SmartSensors are among the company’s broad array of complete mixed-signal solutions for the communications…

Analyzing Genco Shipping & Trading (GNK) & Teekay (TK)

Genco Shipping & Trading (NYSE:GNK) and Teekay (NYSE:TK) are both small-cap transportation companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, profitability, valuation, risk and earnings. Analyst RecommendationsThis…

Asian Oil Futures Point To Higher Crude Prices

The markets of crude oil and liquefied natural gas (LNG) in Asia are currently awash with fuel. Yet, futures prices pointed to different market situations in oil and LNG as winter approaches.Before last week, the closely linked crude oil and LNG markets in Asia were in opposite situations, despite the fact that supply is currently outstripping demand for both commodities.

Qatar Petroleum making rapid strides globally in energy sector

QNA /DohaQatar Petroleum (QP) was able to achieve rapid steps locally and internationally in the oil and gas sector especially in 2018. With regards to exploratory activity in Qatar, a plan to implement a 3D marine seismic survey south Al Khalij field has been set as well as a petroleum trap has been discovered and the…

Marine Hybrid Propulsion System Market is expected to grow at ~6.5% CAGR during the forecast period

Global marine hybrid propulsion system market has witnessed gradual growth in recent years, and is expected to witness steady growth in the forecast period. A propulsion system is a mechanism that produces thrust to push an object forward. The system usually consists of a source that produces mechanical power and a propeller…

Van Eck Associates Has Cut Its Cheniere Energy (LNG) Stake by $24.16 Million; Alibaba Group Hldg LTD

Van Eck Associates Corp decreased its stake in Cheniere Energy Inc (LNG) by 99.44% based on its latest 2018Q3 regulatory filing with the SEC. Van Eck Associates Corp sold 350,089 shares as the company’s stock declined 6.26% with the market. The institutional investor held 1,986 shares of the public utilities company at the end of 2018Q3…

Deutsche Reaffirms a “Hold” Rating on Capita (LON:CPI) and GBX 130.00 Target; 1 Analysts Bullish Gul

The company have set price target of GBX 130.00 on Capita (LON:CPI) shares. This is 17.22% from the previous stock close. In analysts report issued to clients and investors on Tuesday, 11 December, Deutsche reaffirmed their “Hold” rating on shares of CPI.Among 3 analysts covering Gulf Marine Services PLC (LON:GMS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive.

Scientists sound the alarm on underwater blasting's effect on whales and other marine wildlife - Sto

NEW YORK (FOX 5 NY) - Whale sightings in the waters off New York and New Jersey are becoming more common. A new plan pushed by the Trump administration may reverse the progress of marine life in the area.The federal government is in the process of allowing seismic air gun blasting to occur to search for offshore oil and gas. The loud blasting happens underwater.

Metal and Construction Industry Remains Prominent End Users of Cutting Wheels - Press Release

This press release was orginally distributed by SBWireNew York, NY -- (SBWIRE) -- 12/10/2018 -- With a steady estimated growth rate of the cutting wheels market in the foreseeable future, manufacturers are focusing on demand-driven machine developments that deliver optimum cutting duration, changeover frequency, and lower time to perform cutting wheel changeover.

Exclusive - Red tape, funding problems hamper Lion Air black box search

Weeks of delays in the search for the second 'black box' may complicate the task of explaining how 189 people died when the Lion Air Boeing 737 MAX crashed into the Java Sea on Oct. 29.Indonesian investigators told Reuters budgetary constraints and the need for approvals had limited efforts to raise the main wreckage and find the cockpit voice recorder (CVR)…

Hedge Funds Are Betting On Enbridge Inc (ENB)

Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, as evidenced…

Shanghai Waigaoqiao Shipyard Delivers World's First Ivloc

Maritime Logistics ProfessionalShailaja A. The world’s first intelligent very large ore carrier (iVLOC), the DNV GL-classed Pacific Vision, was delivered by Shanghai Waigaoqiao Shipyard to China Merchants Energy Shipping Company.Norway-headquartered international accredited registrar and classification society said in a…

The 10 best new cruise ships for 2019

(CNN) The cruise boom is continuing full steam ahead into 2019, with plenty of new ships -- piled high with innovations -- lined up to sail the seven seas. Shipbuilding trends are leaning toward sustainability (with industry-first hybrid and LNG-powered ships on the roster) and high-tech gadgetry (from onboard AI-enabled digital assistants to excursion submarines).