By Mikael Holter (Bloomberg) — After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country’s

KUALA LUMPUR, Jan 10 (Reuters) – Malaysia signed a deal on Wednesday to pay a U.S. seabed exploration firm up to $70 million if it finds the missing

By Valerie Volcovici WASHINGTON, Jan 11 (Reuters) – Twenty-two Democratic U.S. senators from 12 states on Thursday joined the chorus of local

By Jennifer A. Dlouhy (Bloomberg) — Interior Secretary Ryan Zinke just handed offshore drilling foes ammunition for lawsuits by declaring the Florida

The American Maritime Partnership (AMP), the member-driven coalition representing the U.S. domestic maritime industry on policy issues, has announced that Matt

Jan 10 (Reuters) – The Trump administration’s proposal to open up almost all of U.S. offshore waters to oil and gas drilling could unlock up to 65

By Mikael Holter (Bloomberg) — After alternative proposals were unveiled seeking to challenge Seadrill Ltd.’s restructuring plan, one of the oil-rig

By Naureen S. Malik (Bloomberg) — America’s trade imbalance just got a wee bit smaller. The U.S. has now become a net exporter of natural gas on an

By Valerie Volcovici WASHINGTON, Jan 10 (Reuters) – Governors and other officials from several U.S. coastal states ramped up pressure on the Trump

RIYADH, Jan 10 (Reuters) – The Saudi-led coalition fighting in Yemen said on Wednesday it had thwarted an attack on a Saudi oil tanker over the weekend

By Jonathan Saul LONDON, Jan 10 (Reuters) – The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from

By Mike Wackett (The Loadstar) – Where contracts allow, ocean carriers are starting to postpone deliveries of new ultra-large container vessels (ULCVs)

A total of 180 incidents of piracy and armed robbery against ships were reported to the International Chamber of Commerce’s (ICC) International Maritime

By Kyunghee Park (Bloomberg) — Container shipping companies are bracing for a challenging year — they will have more space available for

By Josephine Mason and Yuna Park BEIJING/SEOUL, Jan 10 (Reuters) – Rescue crews were forced to retreat from a stricken Iranian oil tanker in the East

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is ruling out plans to sell new drilling rights off the coast of Florida, including eastern

By Aziz El Yaakoubi DUBAI, Jan 9 (Reuters) – Yemen’s armed Houthi movement threatened to block the strategic Red Sea shipping lane if the

Vancouver-based Teekay has teamed up with the Finnish technology company Wärtsilä to develop a new shuttle tanker concept with plans to construct at least

By John Geddie and Henning Gloystein SINGAPORE, Jan 9 (Reuters) – Eleven men were charged in a Singapore court on Tuesday in connection with a

By Firat Kayakiran (Bloomberg) — OPEC’s strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry’s supply chain: