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Gulf Petrochem to expand Fujairah oil terminal in UAE

2016-01-25 01:00:00| Hydrocarbons Technology

Gulf Petrochem Group is set to expand an oil terminal at Fujairah in UAE with an investment of Dh183.65m ($50m).

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Gulf stocks down as Iran sanctions lift

2016-01-17 13:33:27| BBC News | Business | UK Edition

Shares in Saudi Arabia and other Gulf states drop sharply in response to the lifting of Iranian sanctions.

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Gulf of Maine fishermen face warming 'double whammy'

2016-01-14 14:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: After David Goethel set out on his 44-foot trawler on a calm New England day last week, he caught a third of his cod quota for the year in about 10 minutes. In 2010, Goethel was allowed to land about 60,000 pounds of cod. This year, following a population crash linked to warming waters, his limit was set at a meager 3,700 pounds. Oceans are sucking down most of the heat trapped by greenhouse gases, but the rate of warming has been especially high during the last decade in the Gulf of Maine, which...

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US Gulf oil spill 'nearly ruined BP'

2016-01-02 09:35:25| BBC News | Business | UK Edition

The giant oil spill from a BP rig off the US coast in 2010 nearly ruined the company, its chief executive tells the BBC.

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Gulf Island buys Leevac Shipyards in $20 million deal

2015-12-30 16:11:12| Oil & Gas - Topix.net

A Texas company has agreed to buy the assets of a Leevac Shipyards for $20 million, with the deal expected to close early in the coming year.

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