Brazilian oil company Petrobras has signed a term sheet with China Exim Bank (Export-Import Bank of China) containing the main terms and conditions for a US$1 billion loan.
According to Petrobras, the final loan agreement is already being negotiat...
Selection of consultants for the privatization of Russian shipping company Sovcomflot has been launched, Russian Ministry of Economy said.
As informed, Russia has sent proposals to banks and organizations to help organize and sell 25 per...
BHI Rig Count: U.S. -5 to 415 rigs
U.S. Rig Count is down 5 rigs from last week to 415, with oil rigs down 4 to 328, gas rigs down 1 to 86, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 479 rigs from last year at 894, with oil r...
SHANGHAI, May 7 (Reuters) – Seventeen people were missing after a Chinese fishing boat collided with a Maltese cargo ship and sank in the East China Sea on Saturday, state media reported, citing the country’s coastguard fleet.
Danish shipping and offshore energy conglomerate Maersk Group reported its profit at USD 224 million for the first quarter of 2016, a drop of 86 percent compared to USD 1.6 billion seen in the same period a year earlier.
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