Bloomberg

By Andres Guerra Luz and Saket Sundria (Bloomberg) — Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market this year and next, according to Goldman...

By Jonathan Levin (Bloomberg) — Carnival Corp.’s flagship cruising brand extended its pause on U.S. departures through the end of April and shelved operations in Australia through mid-May amid lingering pandemic...

By Lars Paulsson and William Mathis (Bloomberg) — Danish utility Orsted A/S took a final investment decision on its first hydrogen project as it expands beyond wind power. The world’s biggest...

By Alex Longley (Bloomberg) — Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels are effectively subsidizing cargo deliveries on the industry’s...

By Annie Lee (Bloomberg) — Governments should prioritize seafarer vaccinations against Covid-19 to help keep global supply chains operating smoothly, according to the International Chamber of Shipping. New variants of Covid-19 in Brazil,...

By Irina Reznik, Anna Shiryaevskaya and Dina Khrennikova (Bloomberg) — Russia is preparing to make the earliest-ever shipment of liquefied natural gas to Asia, taking advantage of thinning ice in the...

By William Clowes (Bloomberg) — The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the coast of West Africa. The number...

By Bloomberg News (Bloomberg) — China’s biggest offshore driller is being targeted in the final days of President Donald Trump’s administration for its activity in the South China Sea. China National Offshore Oil...

By Josh Saul and Will Wade (Bloomberg) — New York is poised to become a hub for offshore wind energy with the state on Wednesday tapping Norwegian giant Equinor ASA to...

By Lucia Kassai (Bloomberg) — The island nation of Palau says a tanker that recently loaded Venezuelan crude was using a false signal to disguise its identity, potentially putting the Pacific...

By Enda Curran and Brendan Murray (Bloomberg) — Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led...

By William Mathis (Bloomberg) — Siemens Gamesa Renewable Energy SA and Siemens Energy AG plan to spend 120 million euros ($146 million) to figure out how to generate hydrogen from wind...

By Anna Shiryaevskaya, Andy Hoffman, Stephen Stapczynski and Sergio Chapa (Bloomberg) — After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are...

By Stephen Stapczynski and Anna Shiryaevskaya (Bloomberg) — North Asia’s liquefied natural gas benchmark rose above $30 per million British Thermal units for the first time, breaking a barrier that few...

By Stephen Stapczynski and Anna Shiryaevskaya (Bloomberg) — An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities. Spot rates have...

By Paul Wallace, Verity Ratcliffe and Mohammed Hatem (Bloomberg) — The U.S. has classified Yemen’s Houthis as a foreign terrorist organization following a series of attacks on oil tankers in the...

By Bloomberg News (Bloomberg) — China’s coldest winter in decades meant state-owned energy giant Sinopec was desperate to unload heating fuel from a vessel headed to a northern port, yet freezing...

By Bloomberg News – U.S. President Donald Trump famously tweeted that “trade wars were good, and easy to win” in 2018 as he began to impose tariffs on about $360 billion of imports from China....

By Andres Guerra Luz (Bloomberg) — Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in physical crude buying. Futures in...

By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which...