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DryShips Unveils Bigger Sized Sale Of Ocean Rig Shares

DryShips Unveils Bigger Sized Sale Of Ocean Rig Shares

DryShips Inc. (DRYS) unveiled a bigger-sized sale of its stake in Ocean Rig UDW Inc. (ORIG) as the dry bulk shipper pares its stake in the offshore drilling services provider by about 10%.

Shell Says No Signs Of Leak In Its US Gulf Operations

Shell Says No Signs Of Leak In Its US Gulf Operations

Royal Dutch Shell PLC (RDSA, RDSA.LN) said that an oil sheen floating in the central U.S. Gulf of Mexico didn't stem from two nearby oil and gas platforms owned by the oil giant, and that the amount of oil in the sheen was small.

14 Investors Qualified for the Next Phase of the Privitisation of DEPA

14 Investors Qualified for the Next Phase of the Privitisation of DEPA

The Hellenic Republic Asset Development Fund, announces that the evaluation of the seventeen (17) Expressions of Interest that were timely submitted for the privatization of DEPA Group has been completed according to the terms of the tender document.

Iran Helps Syria Export Banned Crude Cargoes

Iran Helps Syria Export Banned Crude Cargoes

Iran is helping Syria to export millions of dollars of oil, circumventing European Union sanctions that have effectively blocked the sale of Syrian crude since September, people familiar with the matter told Dow Jones Newswires this week.

South Sudan, Ban Ki-Moon Discuss Escalating Crisis

South Sudan, Ban Ki-Moon Discuss Escalating Crisis

A top South Sudan official said South Sudan's president spoke to the United Nations Secretary-General Ban Ki-Moon over the phone earlier Wednesday about the severity of the escalating crisis between Sudan and South Sudan.

Bulgaria To Continue to Export Power - PM

Bulgaria To Continue to Export Power - PM

Bulgaria is not threatened by power shortage despite quitting a project to build a nuclear plant and will continue exports as it produces twice as much electricity as it consumes, prime minister Boiko Borisov said.

Azerbaijan To Lift Natural Gas Output To 30 BCM In 2015

Azerbaijan To Lift Natural Gas Output To 30 BCM In 2015

Azerbaijan plans to increase its natural gas production to 30 billion cubic meters in 2015 from 25.7 billion cubic meters last year, the head of state oil and gas company Socar, Rovnaq Abdullayev, said Tuesday.

Iran Has Stopped Selling Crude Oil To Spain

Iran Has Stopped Selling Crude Oil To Spain

Iran has cut oil exports to Spain and is considering taking a similar action against Germany and Italy, Iranian state broadcaster Press TV said Tuesday, citing people familiar with the situation.

Iran Says Israel-Linked Sabotage Ring Busted

Iran Says Israel-Linked Sabotage Ring Busted

Iran's intelligence ministry said it has broken an Israeli-linked "terror and sabotage" network which had its headquarters in an unspecified nearby country, media reports said Tuesday.

RES Power Share Grows

RES Power Share Grows

The share of renewable energy sources (RES) in electricity production in Greece more than doubled within five years, climbing from 2.1 percent in 2006 to 5.2 percent last year, according to a survey by ICAP that will be presented on April 5.