Shale oil profitable at today’s price, top US energy official says

US shale production is expected to go up as oil prices increase due to Opec agreement, a top energy official from the US Department of State told Gulf News in an exclusive interview.

Dry bulk shipping needs zero fleet growth to be profitable by 2019: Bimco

Zero fleet growth is required in the dry bulk sector over the next few years to bring it back into...

FSL Trust upbeat on outlook following a profitable Q1

First Ship Lease Trust (FSL Trust) remained in the black in Q1 despite losses on the sale of two panamax...

HHI ends extended losing streak with profitable Q1

Hyundai Heavy Industries (HHI) has made an operating profit for the first quarter of 2016, ending a losing...

Profitable CSC Phoenix to resume trading in Shenzhen

Changhang Phoenix (CSC Phoenix) has averted a delisting from the stock exchange as the Shenzhen bourse has approved of its application to resume trading, after a suspension since May 2014. ...

Smallest Ships Profitable Again as Logs Feed China Boom

China is building the most property in at least a decade, expanding shipments of logs and adding to record...