By James Regan SYDNEY, Aug 25 (Reuters) – Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback,

Aug. 26 (Bloomberg) — ONGC Videsh Ltd., a unit of India’s biggest energy explorer Oil & Natural Gas Corp., agreed to pay $2.64 billion to buy a

U.S. Attorney for the Eastern District of Virginia, Neil H. MacBride, helped secure the U.S.'s first high-seas piracy convictions since 1820 for a total of 26

OSX Brazil said on Friday that its OSX-3 vessel arrived in Brazilian waters and would be delivered to sister oil producer OGX Petroleo e Gas

New video shows RNLI crews recovering the oilfield services Super Puma helicopter that crashed in the North Sea Friday

Teekay’s Market Analyst Christian Waldegrave reports a low, but seasonally “normal” summer in the conventional tanker market, with not much

Search underway for 3 missing after helicopter carrying 18 people from the Borgsten Dolphin drilling rig in the North Sea ditched into the sea west of the

Speculation continues as to what new icebreaker will replace Australia’s long-serving Aurora Australis, and who exactly will build

Officials in the Philippines have suspended the captains and all crew members of the cargo ship and ferry involved in last week's fatal collision near Cebu

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Friday as Chinese demand for iron ore pushed

eNCA News reports from South Africa on the on-going salvage effort involving the MV Smart, a capesize bulk carrier filled with coal which broke apart outside

On May 8th, Shell announced their plans to develop the Stones field located approximately 200 miles south of New Orleans in Walker Ridge.  This 100%-owned

By John Kemp LONDON, Aug 23 (Reuters) – The United States has emerged as a big net exporter of propane and other liquefied petroleum gases (LPGs), thanks

BRUSSELS, Aug 23 (Reuters) – Shares of Belgian dry bulk shipping group CMB rose for a sixth consecutive day on Friday, bringing their gains in the past

After spending NOK 461 million for a 50.1 percent majority stake in deepwater drilling contractor Sevan Drilling, Seadrill was required by the Norwegian

A close-up of the bow of the ship shows a particular feature of the Maersk Mc-Kinney Moller’s design. The naval architects extended the beam of the

By Joachim Dagenborg OSLO, Aug 23 (Reuters) – Golden Ocean, the bulk shipping arm of John Fredriksen’s business empire, expects a sharp rise in

The Military Sealift Command joint high-speed vessel USNS Spearhead (JHSV 1) this week conducted high-speed trials off the coast of Virginia, reaching speeds

A hijacked fishing vessel that could be housing dozens of hostages is once again on the move and has been spotted close to the Somali coast, the European

Danish Ferry operator DFDS, have announced they have invested a total of DKK 400 million (USD $71 million) in new scrubber technology. The company reported