Natural gas from prolific Permian Basin seeks new demand from LNG, Mexico

The Permian Basin is now home to almost 40% of all rigs currently active in the US, but natural gas demand in traditional demand centers is diminishing

Permian Basin oil production and resource assessments continue to increase

Crude oil production in the Permian Basin is expected to increase to an estimated 2.4 million barrels per day (b/d) in May

Pacific Basin aims to raise $150m from rights issue

Dry bulk shipowner Pacific Basin has proposed a one-for-one rights issue in a bid to raise approximately $150.6m for strengthening its long term equity capital. ...

Petrobras makes further offshore oil find in Espirito Santo Basin

Petrobras, Brazil’s troubled and debt-ridden state oil firm, has made a further discovery of oil-bearing...

Pacific Basin buys NYK handy

Pacific Basin, Hong Kong’s largest shipowner by fleet numbers, has bought a Japanese handysize bulker.Brokers...

Quick reactions help Pacific Basin to better results

While knowing your market and being good at what you do is obviously key to getting good results, even a specialist like Pacific Basin Shipping...

Q1 update shows Pacific Basin on steady recovery track

Pacific Basin, which has started issuing quarterly updates to bring its numbers to investing public sooner, showed that...