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Chevron buys exploration blocks in Pearl River Mouth Basin, offshore China

2013-01-17 01:00:00| Offshore Technology

US-based energy company Chevron said its subsidiary Chevron China Energy Company has signed production sharing contracts (PSC) with China National Offshore Oil (CNOOC), for two exploration blocks in the Pearl River Mouth Basin in the South China Sea.

Tags: china river blocks mouth

 

UPS Abandons $6.9 Billion TNT Express Takeover After EU Blocks Acquisition

2013-01-14 09:07:50| Trucking - Topix.net

United Parcel Service Inc. said it expects European Commission antitrust regulators to block its proposed 5.16 billion-euro takeover of TNT Express NV.

Tags: express ups blocks billion

 
 

Extreme Weather Blocks Shell's Attempt to Recover Oil Rig

2013-01-06 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Dow Jones: Unsteady seas thwarted Royal Dutch Shell PLC (RDSA.LN, RDSA) and the U.S. Coast Guard's attempts Sunday to retrieve Shell's oil rig from an Alaskan island where it has been grounded for nearly a week. Shell's Kulluk oil rig crashed into the uninhabited Sitkalidak Island off the south Alaska coast late Monday after stormy seas pried it loose from tug boats that had been pulling it to Seattle for maintenance work. The Kulluk had been drilling exploratory wells in the Arctic waters as part of Shell's...

Tags: oil weather extreme attempt

 

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