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New York TimesBig Oil Slowly Adapts to a Warming WorldNew York TimesA global glut of oil and natural gas has sent prices tumbling over the last two years, and profits are evaporating. Improving auto fuel efficiency standards threaten to depress oil consump
Admin 03.11.2016 0 87

Wall Street JournalMaersk's Profit Tumbles on Weak Freight Rates, Low Oil PricesWall Street JournalDanish shipping-and-oil company A.P. Moeller-Maersk A/S said third-quarter profit plunged 43% as sustained weak freight rates and low oil prices continue
Admin 03.11.2016 0 84

RTDeaths in ship-demolition accident in Pakistan's HubAljazeera.comThe fire started in a dismantled oil tanker that was stationed in the yard, according to local media reports. Several explosions occurred inside the oil tanker while the workers were pe
Admin 02.11.2016 0 60

Wall Street JournalMaersk Shares Sink After Profit Hit by Weak Freight Rates, Oil PricesWall Street JournalShares in A.P. Moeller-Maersk A/S fell as much as 8% on Wednesday after the Danish shipping-and-oil giant reported a 43% drop in third-quarter net pr
Admin 02.11.2016 0 78