The Lastest News

Offshore

Global Marine Group Buys Stake in Rovco

Subsea technology company Rovco said it has formed an invested partnership with offshore engineering firm Global Marine Group (GMG) to bring intelligent inspection, repair and maintenance (IRM) solutions to the global offshore market.GMG, made up of three business units - Global Offshore, CWind and Global Marine - has secured…

Oil Rises Ahead of EIA Crude Inventory Data

Wednesday,January 30, 2019SECTOR COMMENTARYThe energy sector is poised for a mixed to higher start, backed by strength in the crude complex while major equity futures seesawed ahead of policy guidance statement from the Fed, rising concerns over a disorderly exit of Britain from the EU, several major earnings announcements and a critical round of trade talks between the U.S. and China.

Green campaigners condemn disgraceful North Sea gas discovery hailed as biggest in a decade

Green campaigners have been left dismayed as a Chinese firm announced the discovery of the biggest gas field in the North Sea for more than a decade.Drilling revealed gas reserves equivalent to 250 million barrels of oil, which could go a long way to supplying the UKs demand.But with the nation facing strict targets to cut greenhouse gas emissions under the Paris climate agreement…

Head to Head Review: Petroteq Energy (PQEFF) & Rowan Companies (RDC)

Petroteq Energy (OTCMKTS:PQEFF) and Rowan Companies (NYSE:RDC) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, dividends, valuation, profitability, earnings and institutional ownership. Earnings…

Ensco (ESV) Stock Rating Reaffirmed by Credit Suisse Group

Credit Suisse Group reaffirmed their buy rating on shares of Ensco (NYSE:ESV) in a report released on Monday, January 14th. The brokerage currently has a $6.00 price objective on the offshore drilling services provider’s stock.Several other brokerages also recently weighed in on ESV. UBS Group set a $12.00 target price…

Oil Rig

Singapore bunker supplier Equatorial Marine Fuel gearing up for IMO 2020 rule

Singapore’s Equatorial Marine Fuel Management Services is readying itself for changes to the International Maritime Organization’s lower global sulfur limit rule for marine fuels will bring, while aiming to maintain its growth momentum in 2019, executive director Zhen Mao Choong said.“We are preparing ourselves for 2020…to meet with the varied and changing demands from our customers…

Reusable Adhesive that Works Underwater

Credit: Pixabay.Illinois researchers have introduced a new cutting-edge reusable adhesive that activates in seconds, works underwater, and is strong enough to deadlift 11 pounds: shape memory polymers (SMPs). The teamAssociate Professor in Mechanical Science and Engineering Seok Kim, graduate student Jun Kyu Park, and former graduate student Jeffrey D.

Reviewing Globus Maritime (GLBS) & Grupo TMM SAB (OTCMKTS:GTMAY)

Grupo TMM SAB (OTCMKTS:GTMAY) and Globus Maritime (NASDAQ:GLBS) are both small-cap transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, valuation, institutional ownership, analyst recommendations, earnings, risk and dividends. Analyst…

Focus for 2019? Bridging gaps and more habitat

"People don't always know all the good things we do (as an organization), so it was trying to celebrate what we've done," Douglas County PF president Dean Krebs said. "It does energize you when you hear about these other chapters and what they're doing and what's going on with farm bill biologists and habitat restoration. There is a lot going on, and it is pretty cool.

Euronav NV (EURN) Receives Consensus Rating of “Buy” from Brokerages

Shares of Euronav NV (NYSE:EURN) have been assigned an average recommendation of “Buy” from the eleven ratings firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Pipeline

Maxime Bernier lays out the case for Confederation at Alberta rally

I was at the Equality or Independence Rally in Calgary, Alberta over the weekend. People's Party of Canada leader Maxime Bernier joined Derek Fildebrandt to talk to Albertans about his plan for pipelines and equalization. He came onstage to Paul Brandts song, Alberta Bound and spoke to Albertans who are teetering on the…

Oil & Gas International Integrated Outlook: Prospects Dim

The Zacks Oil and Gas – International Integrated industry primarily consists of energy players with exposure to upstream, midstream and downstream businesses.The upstream activities involve exploring and developing of oil and gas resources worldwide, including U.S. shale plays, deepwater Gulf of Mexico in the United States…

Oceaneering International Inc. (OII)'s Financial Results Comparing With Quintana Energy Services Inc

Since Oceaneering International Inc. (NYSE:OII) and Quintana Energy Services Inc. (NYSE:QES) are part of the Oil & Gas Equipment & Services industry, they are influenced by compare. The influences particularly affect the analyst recommendations, institutional ownership, profitability, risk, dividends, earnings and valuation of both companies.

Research Analysts Set Expectations for Oceaneering International’s Q1 2019 Earnings (OII)

Oceaneering International (NYSE:OII) – Equities research analysts at Piper Jaffray Companies cut their Q1 2019 earnings per share estimates for shares of Oceaneering International in a report released on Wednesday, January 16th, Zacks Investment Research reports. Piper Jaffray Companies analyst I. Macpherson now anticipates…

Interim Budget 2019: Meeting the disinvestment target

While the disinvestment target of 80,000 crore may seem ambitious, but it pales in comparison to what was achieved in 2017-18 a 39% increase from the budgeted target of 72,500 crore to touch nearly 1 lakh crore mark. It was not just the highest collection in the past 20 years, but one of the rare occasion when the budgeted target was exceeded.But the situation could be different this time.