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...Go deeper Soaring energy prices are reviving the US shale oil industry and yesterday Whiting Petroleum and Oasis Petroleum, two US shale oil producers, agreed a $6bn merger....
...A version of this article was first published by Nikkei Asia on March 23 2021. ©2020 Nikkei Inc. All rights reserved. Related stories Can a barbecue baron kick off a big year for Philippine IPOs?...
...A probe by international auditors has been looking into whether there was a $200m fraud at Aegean Marine Petroleum Network involving fake transactions with brass-plate companies....
...Graphite occurs naturally and can be synthesised as a byproduct of petroleum refining....
...Aegean Marine Petroleum Network has confirmed the write-off of $200m of expected payments that “lacked economic substance” and said another $100m may have been “misappropriated through fraudulent activities...
...BP first deployed its “Beyond Petroleum” campaign 18 years ago but is still making the vast bulk of profits from hydrocarbons....
...Although Aegean Marine is domiciled in the Marshall Islands like many Greek shipping companies, the US court has jurisdiction in the case because of the company’s NYSE listing....
...China is already the largest lender to the south Asian island....
...An alternative route close to Cyprus is no easier given Nicosia’s fraught relationship with Ankara, which supports the breakaway Turkish part of the island....
...DRW, already active in cryptocurrency and commercial real estate, has hired a team to swap physical cargoes of petroleum products on the US Gulf coast — a market where deals are normally settled in weeks...
...However, pockets of opportunity still exist, especially on the frontier with the Atlantic Ocean west of the Shetland Islands....
...The Israeli energy company, which also holds a 13 per cent stake in Faroe Petroleum, has been looking at several North Sea assets....
...Tracy Island Interactive Playset by Vivid Imaginations Another blast from the past with new bells and whistles, Tracy Island is the headquarters of International Rescue — the private organisation from the...
...An area at the heart of the island on which Kyaukphyu is located is due to become a complex of more than 4,000 acres with deep-sea port facilities, factories and fisheries....
...(FT) Cuba off the terror list Barack Obama will remove the Caribbean island from the US list of state sponsors of terrorism after meeting with Raul Castro in Panama on Saturday....
...The attempt to wind up the company has been challenged in court by creditors, which include a mysterious British Virgin Islands entity called Marston Equities....
...Royal Dutch Shell confirmed on Wednesday it had abandoned plans for one of the world’s biggest petrochemical plants, a $6.5bn project with Qatar Petroleum, blaming “the current economic climate prevailing...
...The corporate vehicle of Rex Wempen, the former US Green Beret, has been ordered to pay a further £8m into court as he continues to seek up to $1.62bn in compensation and damages from Gulf Keystone Petroleum...
...Bahamas Petroleum was up 28.4 per cent after the island’s government deferred a referendum on oil drilling until after the exploration phase....
...BG has made other disposals this year including its 65 per cent stake in Gujarat Gas to India’s Gujarat State Petroleum Corporation for Rs24.6bn ($470m)....
...Islands in spite of the detection of a “significant gas condensate discovery”....
...Commuter rail services to Long Island and the northern New York and Connecticut suburbs were nearing full strength....
...Borders & Southern Petroleum was the top performer among the oil companies this week, jumping 78.1 per cent....
...The Department of Energy also said it was releasing 2m gallons of diesel fuel from the government’s Strategic Petroleum Reserve to be used by the emergency services and relief operations to power generators...
...In February 2009, the company licensed Lupuzor to Cephalon Inc and “encouraging progress” was made....
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