Samsung Heavy Industries Co Ltd said on Wednesday it won a 1.34 trillion won ($1.27 billion) order to build two drillships for an unnamed firm based in or near Australia.
The South Korean shipbuilder said in a regulatory filing the contract was expected to be completed by June 2017. ($1 = 1052.3500 Korean Won)
Reporting by Joyce Lee / Reuters
Oil prices fell more than 2% on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane in the U.S.
The CEO of Argentina's state-owned oil company YPF, Horacio Martin, said that the firm expects shale production to rise by 30 to 40 percent next year.
California regulators are voting on Friday whether to tighten up a policy that aims to boost low-carbon fuels in order to…
The European power contracts for the year ahead were released on Friday. They reflect higher carbon permits as well as gas contracts.
Dutch and British wholesales prices increased on Friday morning. They reached their highest level in over a week due to the…
Angola Liquefied Natural Gas is looking at future expansion options, including adding a three-million-metric ton mini train…
Dorab Mistry, a leading industry analyst, said that until June 2025, Malaysian palm oil benchmark futures will likely trade at or above 5…
A Cargill executive said that the demand for palm products in China will drop by 30% between 2024 and 2019. This is because…
EOG Resources increased its share-repurchase program after beating Wall Street expectations for the third-quarter profits…
Wall Street executives praised the prospect of business friendly regulations and a flurry of deals, as they analysed the…
VCI, the industry lobby group in Germany, said that to achieve climate neutrality while remaining competitive and improving…
Halliburton missed analysts' expectations for the third quarter profit on Thursday as a slowdown of drilling activity in…
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