Search results for: issue

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  • 12 April 2012

    The Oregon Department of Environmental Quality has issued a penalty to PacifiCorp for failing to monitor water quality and keep accurate records during dredging operations at the Red Blanket Creek and Middle Fork Rogue River diversion dams in August 2011. Dredging operations are permitted at both dams, but must follow requirements contained in a U.S. […]

  • 12 April 2012

    Shell today published its Sustainability Report for 2011, which details how sustainable development helps it to deliver energy to meet the world’s growing energy demand in a responsible way. The report covers Shell’s environmental and social performance for the year and outlines its contribution towards building a sustainable energy future. Shell’s responsible approach includes investing […]

  • 11 April 2012
    Business & Finance

    CGX Energy Inc. announces that delays due to minor mechanical issues on the Ocean Saratoga semi-submersible rig and weather conditions have pushed back the time frame for the completion of drilling of the Eagle-1 well beyond the originally planned 60 days. It is now anticipated that drilling operations will be completed near the end of […]

  • 2 April 2012

    In the next few months Croatia intends to resolve the issue of state-owned shipyards that are losing money, in order to work out their major obstacles before joining the European Union next year, reports Reuters. Four out of five shipyards in Croatia are loss-makers kept afloat by large state subsidies that are contrary to EU […]

  • 2 April 2012

    Fluxys issues on the Belgian market a retail bond with a par value of €1,000 with a view to financing its investment programme and optimizing its balance sheet structure. The company expects to raise €100-350 million. Fluxys is to employ the bond issue to move towards a financial structure that is more in line with […]

  • 28 March 2012
    Business & Finance

    The Chamber of Shipping has today launched guidelines to assist shipping companies in the development of anti-corruption policies, with particular emphasis on the problem of facilitation payments. The document has been produced by the Chamber’s Legal, Insurance and Documentary Issues Committee as general guidance available for anyone who wishes to access it. The guidelines set […]

  • 28 March 2012
    Business & Finance, Equipment, Operations & Maintenance

    Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that production from the Enoch oil and gas field (ROC: 12% interest), located in the North Sea, is anticipated to be offline for the remainder of 2012 due to mechanical issues related to subsea equipment. ROC is awaiting advice from the operator (Talisman North […]

  • 27 March 2012

    Fluxys said that is currently preparing a new bond issue to attract additional external resources to finance its investment programme and optimise its balance sheet structure. If the Financial Services and Markets Authority (FSMA) approves the official prospectus and if market conditions are favourable, Fluxys plans to very soon issue bonds with a par value of […]

  • 23 March 2012

    Norway’s I.M. Skaugen said it has completed a new senior unsecured callable bond issue with a first tranche of NOK 350 million. The bonds will have a coupon of NIBOR + 9.00% and will mature in April 2017, the company said in a statement. In  connection with the  bond issue, I.M.  Skaugen SE has bought […]

  • 21 March 2012

    The Center for Carbon-Free Power Integration (CCPI) at the University of Delaware has issued a new report about ocean use off the coast of Delaware and parts of Maryland and New Jersey. The study addresses viable places to locate offshore wind farms, taking into account biological, ecological and other considerations. The report includes feedback from […]

  • 21 March 2012

    The Center for Carbon-Free Power Integration (CCPI) at the University of Delaware has issued a new report about ocean use off the coast of Delaware and parts of Maryland and New Jersey. The study addresses viable places to locate offshore wind farms, taking into account biological, ecological and other considerations. The report includes feedback from […]

  • 21 March 2012
    Business & Finance

    FSUE “Rosmorport” general director A.V.Lavrishchev became a party to the joint meeting on the issues of Olya seaport development during his working trip to Astrakhan region. The meeting was originally initiated by the head of Rosmorrechflot A.A.Davydenko and the head of Astrakhan region goverment K.A.Markelov. The meeting took place on Saturday, March, 19 2012. The […]

  • 21 March 2012

    Norwegian marine transportation company I.M. Skaugen SE said it is contemplating a new senior unsecured bond issue with final maturity in April 2017. The contemplated bond issue will have a minimum issue amount of NOK 350 million. Net proceeds from the contemplated bond issue will be used to refinance existing bonds maturing in 2013 and […]

  • 20 March 2012

    The U.S. Coast Guard announced Friday the final rule for standards for living organisms in ships’ ballast water discharged into waters of the United States is scheduled for publication March 23 in the Federal Register. The Coast Guard is amending its regulations on ballast water management by establishing a standard for the allowable concentration of […]

  • 13 March 2012

    UK industry needs to pick up the challenge of providing the right kinds of green energy skills, or lose the opportunity of a lifetime, according to Tim Balcon, chief executive of Energy & Utility Skills. Mr Balcon, who is also chairman of the cross-government Green Economy Steering Group, and a speaker at the New Energy […]

  • 12 March 2012
    Business & Finance

    Tidewater Inc.  announced today the following update with respect to its negotiations with Sonangol, the national oil company of Angola, regarding Sonatide, the joint venture between Sonangol and Tidewater through which Tidewater markets its boat services to energy companies for operation in the waters offshore Angola. Tidewater has a 49% ownership interest in Sonatide. The […]

  • 7 March 2012
    Business & Finance

    Many water plants across the country are facing the problem of lime build up from the water treatment process and no cost-effective way to dispose of the byproduct. An Ohio water treatment plant came up with a creative solution to this problem that involved finding an agricultural partner to re-use the lime as a soil […]

  • 5 March 2012

    Mr. G C Chaturvedi, Secretary, Petroleum and Natural Gas, Government of India has released the first Sustainability Report of GAIL (India) Limited in presence of Mr. B C Tripathi, Chairman and Managing Director of GAIL. This report proposes a  roadmap for GAIL (India) Limited for  improving three key aspects of sustainability – “People” (human capital […]

  • 2 March 2012

    The South Carolina Senate voted unanimously yesterday to override the governor’s veto of a resolution that will reverse DHEC’s disastrous decision to award permits to the state of Georgia for port expansion. DHEC made its decision in spite of objections of both the environmentalist and business communities. Members of the Senate Republican Caucus reacted to […]

  • 28 February 2012

    Golar LNG Limited said today that it intends to issue secured convertible bonds with a five-year tenor. The base offering size will be USD 200 million with an upsize option of USD 50 million. The total issue size can therefore amount to up to USD 250 million. The Bonds (each with a denomination of USD […]

  • 23 February 2012

    The U.S. Environmental Protection Agency sent to the White House a final, new clean water guidance meant to protect rivers, streams, and wetlands from pollution, restoring Clean Water Act safeguards that were in place for decades but recently placed in jeopardy. The following statement is from Earthjustice President Trip Van Noppen, commending the EPA and […]

  • 21 February 2012

    As regulations curbing atmospheric pollution and greenhouse gas emissions grow stricter amid stronger calls for a greener shipping industry, attention is turning to the potential of natural gas as a cleaner alternative to liquid fuel oil. Liquefied natural gas is widely used on vessels designed to transport the commodity and has started to be introduced […]

  • 17 February 2012

    FLEX LNG said that the Board of Directors of the company has resolved to issue 280,761 new shares to the members of the Board of Directors post the 2011 ASM to 31 December 2011, as part of their remuneration for that period. The shares will be issued and registered as soon as possible, FLEX LNG […]

  • 15 February 2012

    Finishing nearly three years of study on the potential economic opportunities associated with Rhode Island’s ports, a Joint Legislative Commission reported today that development of port infrastructure and growth of maritime industries can result in 1,000 new jobs, $70 million in personal income, $127 million in business revenue and $8.1 million in state and local […]

  • 15 February 2012
    Business & Finance

    This May, industry professionals from more than 50 countries are set to gather at the Svenska Massan in Gothenburg for RORO – Europe’s only dedicated ‘roll on/roll off’ event – where the future of in the industry will be under the spotlight. This year, for the first time ever, the conference is free-to-attend and organisers […]