(Johnny Hanson /Houston Chronicle file photo)

Centerpoint shares increase on MLP formation plan

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Centerpoint Energy Inc., a Houston-based energy distributor, rose the most in more than a year after it said it’s still considering forming a master-limited partnership.
Categories: Electricity

TDW completes two subsea pipeline pressure operations offshore Australia

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TDW Offshore Services has completed two pipeline interventions using its SmartPlug pressure isolation technology offshore Australia.
Categories: Offshore

Shell pauses exploration drilling in offshore Alaska Arctic

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Royal Dutch Shell (NYSE:RDS.A) will pause its exploratory drilling offshore Alaska in the Beaufort and Chukchi seas for 2013 to prepare equipment and plans to resume at a later date.
Categories: Offshore

InterMoor completes GoM operation for Apache

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InterMoor has completed deployment and recovery of a 30-ton interchangeable riserless intervention system (IRIS) for Apache Deepwater LLC in Mississippi Canyon block 148 in the Gulf of Mexico.
Categories: Offshore

Supreme Court puts limit on SEC fraud fines

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The decision could affect the government’s ability to seek penalties in cases related to the financial crisis
Categories: Uncategorized

TAM International appoints COO, VP of Western Hemisphere

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TAM International has appointed Mike Machowski as COO of the company’s international operations, and Francisco Suarez as vice president of the Western Hemisphere.
Categories: Offshore

Grillo kills move to break Italy deadlock

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Beppe Grillo says his Five Star Movement will not give a vote of confidence in parliament to any government led by the two main parties
Categories: Uncategorized

Putin seeks to close US military gap

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The Russian president’s speech to top generals indicates that plans to upgrade Russia’s weaponry over the next decade are going ahead
Categories: Uncategorized

Buyout groups try IPO discounting

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Flotations and follow-on offerings by private equity off to their strongest start this century with more than $12bn raised, according to Dealogic
Categories: Uncategorized

Barclays recoups £300m in bonuses

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Banks are enforcing clawback provisions on a much broader scale as they seek to show regulators and investors they are taking tough action
Categories: Uncategorized