Tuesday, March 11, 2025

Panama Canal Increases Daily Neopanamax Reservations to Eight

From Maritime Executive The Panama Canal has added an additional reservation slot to its Neopanamax locks, bringing the total available booking slots to eight daily. Demand has grown since the inauguration of the Expanded Canal nearly two years ago. So far, in fiscal year 2018 which began on October 1, 2017, the Expanded Canal has transited 1,183 Neopanamax vessels including

Carrizo Oil & Gas Expects Production Near 60 MBOEPD in 2018

Eagle Ford, Delaware drilling and completions are moving the needle Carrizo Oil & Gas, Inc. (ticker: CRZO) had a net income of $14.7 million, or $0.18 per share in Q1 2018. The company went above the high-end of its guidance range, producing 51,257 BOEPD in the quarter. Carrizo said that the increased production was due to its recent A&D activity.

Shell - Oil & Gas 360

Shell Selling All 98 Million Shares of Canadian Natural Resources for $3.3 Billion

From CBC Shell obtained the shares last year when it sold its oil sands properties Royal Dutch Shell is selling its entire stake in Canadian Natural Resources for $3.3 billion US. The Dutch oil giant says it will use proceeds of the sale of almost 98 million shares — about eight per cent of the company — to pay down debt.