PEMEX Suspends Supplier Contracts, Triggering Job Losses
By Amy Stillman and Peter Millard (Bloomberg) –Mexico’s state oil giant is suspending contracts with service providers and suppliers, triggering
Bloomberg News is a global newsroom covering markets, economics, policy, energy, commodities, and international trade. gCaptain republishes select Bloomberg reporting under a syndication license when stories are relevant to shipping, ports, and offshore sectors. Bloomberg stories on gCaptain are clearly labeled and may be edited for house style and format while preserving the original reporting.
By Amy Stillman and Peter Millard (Bloomberg) –Mexico’s state oil giant is suspending contracts with service providers and suppliers, triggering
By William Mathis (Bloomberg) –Scotland, home to a quarter of Europe’s offshore wind resources, is seeking proposals to install turbines off the coast
By Saleha Mohsin (Bloomberg) — The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off
By Anna Shiryaevskaya (Bloomberg) –The new Saga Dawn liquefied natural gas tanker shuttling between Singapore and Humen in eastern China is a sign that
By Jack Wittels and William Wilkes (Bloomberg) –Germany’s Rhine River is entering dry summer months with water levels at their lowest in two decades,
By Antonio Vanuzzo and Tara Patel (Bloomberg) –There will be little change to global supply chains in the aftermath of the coronavirus, at least in the
By Brendan Murray (Bloomberg) — The U.S. economy is unlikely to snap back quickly and may not return to normal until 2021, according to the chief of one
By Jordan Fabian and Jenny Leonard (Bloomberg) –President Donald Trump threatened to impose tariffs on cars made in the European Union and on unspecified
By Will Mathis (Bloomberg) — The turbine inventor Henrik Stiesdal is small in the shadows of gigantic curves of steel, watching workers weld towers that
By Peter Millard, Laura Hurst and David Wethe (Bloomberg) –Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and
By William Mathis (Bloomberg) — Swedish energy company Vattenfall AB is going ahead with building one of the world’s largest offshore wind farms and
By Ana Monteiro (Bloomberg) –U.S. trade in goods and services plunged in April to the lowest level in almost a decade as the Covid-19 pandemic stifled
By Francois de Beaupuy (Bloomberg) — Electricite de France SA and its Canadian and German partners have finalized the funding of a 2-billion euro ($2.23
By Brian K. Sullivan (Bloomberg) –Tropical Storm Cristobal, now gaining strength in the southern Gulf of Mexico, could grow into a hurricane as it moves
By Serene Cheong and Ann Koh (Bloomberg) — Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for
By Olivia Raimonde and Hailey Waller (Bloomberg) — OPEC+ and its allies will decide as soon as this week whether or not to extend their historic output
By Olivia Raimonde and Alex Longley (Bloomberg) — Oil’s historic rebound this month from its dramatic plunge below zero is running into headwinds.
By Ameya Karve, Denise Wee and Abhishek Vishnoi (Bloomberg) –A unit of Temasek Holdings Pte. is in talks for a potential investment of at least $400
By Brian Eckhouse and David Wethe (Bloomberg) –Jeff Bishop’s LinkedIn post gets right to the point: “Houston Oil & Gas Folks — we’re
By Eric Martin (Bloomberg) –The U.S. trade war with China cut $1.7 trillion from the market value of listed American firms and will reduce their
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