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Oil prices drop due to rise in US crude inventories

2016-03-23 01:00:00| Offshore Technology

Oil prices have fallen after data published by the industry group American Petroleum Institute (API) highlighted a rise in US crude inventories last week.

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Woodside halts $40bn Browse FLNG development in Australia due to weak oil prices

2016-03-23 01:00:00| Offshore Technology

Woodside Petroleum has decided to put its $40bn Browse floating liquefied natural gas (FLNG) development in offshore Western Australia on hold due to low oil prices.

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Is the Hotel Sector Due for a Setback?

2016-03-22 16:12:00| National Real Estate Investor

The hotel sector has been seeing a spike in new supply coupled with deceleration of year-over-year RevPAR growth year-to-date in 2016, according to Moodys. read more

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Oil prices decline due to increase in US rig numbers

2016-03-21 01:00:00| Offshore Technology

Crude oil prices has fallen more than 1% on oversupply concerns following a rise in the US rig total.

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KCS experiences service disruptions due to heavy rainfall, severe flooding

2016-03-15 16:07:56| Railroads - Topix.net

KANSAS CITY, Mo. - Kansas City Southern announced today that The Kansas City Southern Railway Company network is experiencing service disruptions in east Texas and significant portions of Louisiana, due to heavy rainfall and severe flooding.

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