Latest News for: Corporate offshore

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Libor switchover for loan disputes & defaults may be a snag for banks

The Times of India 23 Mar 2023
Besides external commercial borrowings from offshore lenders, local corporates can take foreign currency loans from foreign branches of Indian banks, international banking units in International Financial Services Centre in GIFT City, as well as from domestic branches which can ...
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Chinese oil rig tackles CO2 emissions using new device

People Daily 21 Mar 2023
SHENZHEN, March 20 (Xinhua) -- The Enping 15-1 platform of the China National Offshore Oil Corporation (CNOOC) Sunday officially started the drilling operation of an offshore carbon dioxide (CO2) injection well ... and engineering integration suitable for offshore CO2 storage.
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China launches construction of first offshore CO2 storage project

ECNS 21 Mar 2023
China National Offshore Oil Corporation (CNOOC) started drilling on Sunday for its carbon dioxide (CO2) injection well at the Enping 15-1 platform ... According to the latest survey by China's Ministry of Natural Resources, the offshore areas of China have the potential to store up to 2.58 trillion tons of CO2.
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North Sea oil and gas operators warned of ‘tsunami’ of industrial unrest

AOL 20 Mar 2023
The union warned that platforms and offshore installations will be brought to a “standstill” due to the specialised roles its members undertake ... This will create a tsunami of industrial unrest in the offshore sector ... “Unite’s members are angry at the corporate greed being shown by offshore operators and contractors.
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AIB ramps up sustainability targets for 75pc of its customer loan books

Irish Independent 19 Mar 2023
... also said its electricity generation portfolio primarily comprises renewable energy assets such as offshore wind.AIB itself has entered into a Corporate Power Purchase Agreement (CPPA) with NTR plc to source energy from two dedicated solar farms under construction in Co Wexford.
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Noble Corporation plc publishes current report on Form 8-K regarding update of certain pro forma ...

Victoria Advocate 17 Mar 2023
SUGAR LAND, Texas, March 17, 2023 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE ... About Noble Corporation plc. Noble is a leading offshore drilling contractor for the oil and gas industry.� The Company owns and operates one of the most modern, versatile, and technically ...
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Rhode Island Wind Farm Proposal Links Port and Shipbuilding Investment

The Maritime Executive 17 Mar 2023
... considerable offshore capabilities.” ... They are saying if they are selected for Revolution Wind 2 they will invest $35 million to realize Quonset Development Corporation’s vision for a Regional Offshore Wind Logistics and Operations Hub at Quonset Point.
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China to cut gasoline, diesel retail prices

Xinhua 17 Mar 2023
China's three biggest oil companies, namely the China National Petroleum Corporation, the China Petrochemical Corporation, and the China National Offshore Oil Corporation, as well as ...
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‘The road to financial multipolarity will be long and rocky’

Information Clearing House 17 Mar 2023
The road to ‘de-offshorization’ ... It is also advisable to consistently replace foreign borrowings of state- controlled banks and corporations with domestic sources of credit.”. So the imperative way to Russia, now in effect, is “de-offshorization.” Which essentially means getting ...
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Remulla: Oil spill ship rebuilt from scrap, passed off as new

Manila Standard 16 Mar 2023
Malayan Salvage and Towing Corporation, a private company also contracted by the insurance firm of the owner of the shipping company, was supporting offshore oil containment ... of oil-contaminated materials from its offshore oil spill response operations from March 1 to March 15.
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Sergey Glazyev: 'The Road to Financial Multipolarity Will be Long and Rocky', by Pepe Escobar

The Unz Review 16 Mar 2023
The road to ‘de-offshorization’ ... It is also advisable to consistently replace foreign borrowings of state- controlled banks and corporations with domestic sources of credit.”. So the imperative way to Russia, now in effect, is “de-offshorization.” Which essentially means getting ...
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Bank runs used to be slow. The digital era sped them up.

Atlantic City 16 Mar 2023
The Federal Deposit Insurance Corporation estimates that customers withdrew $40 billion — one fifth of Silicon Valley Bank's deposits — in just a few hours, prompting the agency to shut down the bank before noon ET, instead of waiting until the close of business, which is the regulator's typical operating procedure.
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Ørsted and Eversource propose new offshore wind farm in Rhode Island

Splash24/7 15 Mar 2023
If selected the joint venture partners said they would among other things deliver significant investments in the state’s existing ports, including $35m to realize Quonset Development Corporation’s vision for a regional offshore wind logistics and operations hub at Quonset Point.

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