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Special Report: The three young women racing to defuse a climate-change bomb

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OVER THE NORWEGIAN SEA, Norway(Reuters) – Banking hard over the whitecaps off the west coast of Norway, the jetliner flying Dominika Pasternak and her fellow scientists descends so sharply that it seems for a moment as if the crew is about to ditch them all in the drink. FILE PHOTO: Kathryn Bennett, a postgraduate student Read More

SeaBird Exploration: new 2D survey award – Africa region

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19 September 2019, Limassol, Cyprus SeaBird Exploration is pleased to announce that the company has signed a contract to acquire a 2D seismic survey for an international oil & gas company in the Africa region. The survey is due to commence towards the end of September and is estimated to run for approximately three weeks. Read More

Britain to investigate $5 billion U.S. takeover of defense firm Cobham

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LONDON (Reuters) – Britain will investigate the national security impact of the purchase of defense company Cobham by U.S. private equity firm Advent International, potentially delaying or even blocking the $5 billion deal. FILE PHOTO: Canadian F-18 war planes (L) wait to refuel from a British VC-10 tanker aircraft over the Mediterranean Sea off Libya Read More

SeaBird Exploration: source work in Asia Pacific region

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16 September 2019, Limassol, Cyprus SeaBird Exploration is pleased to announce that it has received a letter of award to provide a source vessel for an upcoming OBN project in the Asia Pacific region. The project is anticipated to commence during Q4 and will have a duration of one to two months. SeaBird will be Read More

SeaBird Exploration: 2D survey in Australasia region

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11 September 2019, Limassol, Cyprus SeaBird Exploration is pleased to announce that the company has received notification of an award to acquire 2D seismic data in the Australasia region. The survey is due to commence during Q4 2019 and is estimated to run for approximately three to four months plus mobilization. The company will be Read More

ExxonMobil, Enauta, Murphy buy deepwater blocks offshore Brazil: ANP

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Rio de Janeiro — ExxonMobil teamed Tuesday with Brazil’s Enauta and Murphy Oil to snap up three ultra-deepwater oil and natural gas concessions during Brazil’s first Open Acreage auction. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The companies paid a total of Real 7.9 million ($1.9 million) to Read More

Refinery Margin Tracker: Refining margins mixed as Dorian swept past USAC

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New York — Global refining margins were mixed last week as Hurricane Dorian disrupted flows of crude and products into the US Atlantic Coast, an analysis Monday by S&P Global Platts showed Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Margins for imported crudes like Nigeria’s Bonny Light Read More

Exclusive: In U-turn, Ford ditches plan to unify China sales system after partners push back

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SHANGHAI/DETROIT (Reuters) – Ford Motor Co has scrapped a plan to create a unified national sales company for China that stoked mistrust of the automaker at its joint venture partners and contributed to a spectacular collapse in sales in the world’s biggest car market. FILE PHOTO: People walk by a Ford Escape SUV displayed during Read More

Total suspends $3.5 billion pipeline project after Tullow deal collapses

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By Fred Ojambo and Paul Burkhardt on 9/4/2019 KAMPALA (Bloomberg) – Total SA has suspended its planned $3.5 billion crude export pipeline from Uganda to Tanzania after the collapse of a deal to buy a stake in Tullow Oil’s oil fields in Uganda. The French oil major has terminated all activities related to the 1,445-kilometer Read More

On the front lines of climate change in the world’s northernmost town

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SVALBARD, Norway (Reuters) – Icebergs float liked doomed islands past the small boat as it makes its way through a fjord filled with the slush of a melting glacier. Occasionally, as the warming waters dissolve the bottom of one of the icebergs, it becomes top-heavy and does a somersault, as if it were playing instead Read More