Bloomberg

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Wednesday, March 21, 2018
bunkering operations
Shipping News

Rich Rewards Await Top Oil Refiners as Ships Make Low Sulphur Switch Fuel

By Bill Lehane (Bloomberg) — Ready the cash-printing machines — the world’s most sophisticated refineries are about to enjoy great times thanks

March 21, 2018
Total Views: 55

Tuesday, March 20, 2018
rig maintenance bergen norway
Offshore

Faroe Petroleum’s Hunt for North Sea Oil Deals Could See It Double Size in Hot Market

By Mikael Holter (Bloomberg) — Faroe Petroleum Plc is hunting for offshore oil and gas assets in Norway and the U.K., with an appetite that could equal

March 20, 2018
Total Views: 85

More Casualties Seen Possible Among Korean Shipbuilders
News

More Casualties Seen Possible Among Korean Shipbuilders

By Lianting Tu and Narae Kim (Bloomberg) — South Korean shipbuilders aren’t out of the woods yet even as orders begin recovering, with the smaller ones

March 20, 2018
Total Views: 76

Thursday, March 15, 2018
offshore oil rig Statoil
News

Statoil Name Change Drops `Oil’ Amid Transition to Green Energy

By Jonas Cho Walsgard and Mikael Holter (Bloomberg) — Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor as it

March 15, 2018
Total Views: 55

Wednesday, March 14, 2018
LNG tanker
News

U.K.’s Russian Spy Scandal Spills into LNG Market

By Jessica Shankleman, Anna Shiryaevskaya and Elena Mazneva (Bloomberg) — The spy poisoning scandal in the U.K. is spilling into energy. Prime Minister

March 14, 2018
Total Views: 31

prelude flag
Offshore

Shell’s Prelude FLNG Start-Up Plan Risks Losing Gas to Rivals

By Perry Williams (Bloomberg) — After a decade planning the world’s largest floating gas export plant, Royal Dutch Shell Plc’s supplies could get

March 14, 2018
Total Views: 93

Thursday, March 8, 2018
shipping containers
News

Trump Says U.S. to Be Very Flexible on Tariffs He Plans to Sign Today

By Justin Sink (Bloomberg) — President Donald Trump will sign an order on Thursday over steel and aluminum tariffs that he said could spare certain

March 8, 2018
Total Views: 36

Wednesday, March 7, 2018
semisubmersible drilling rig at sea
News

Norway’s $1 Trillion Wealth Fund Reveals Thinking on Oil Risk

By Mikael Holter and Sveinung Sleire (Bloomberg) — The man running the world’s biggest wealth fund said snapping up oil stocks now could pay

March 7, 2018
Total Views: 32

Tuesday, March 6, 2018
offshore platform
News

Dominican Republic to Join Caribbean Energy Exploration Rush

By Ezra Fieser (Bloomberg) — The Dominican Republic expects to draw interest from energy titans BP Plc and Exxon Mobil Corp. when it opens the country to

March 6, 2018
Total Views: 50

Houston Skyline At Sunrise
Ports

Does Galveston Need A $14 Billion Storm Barrier?

By Jack Kaskey (Bloomberg) Chemical companies are pressing federal officials to spend billions of dollars on a coastal flood control system near Houston to

March 6, 2018
Total Views: 54

Monday, March 5, 2018
Maersk’s Big Oil Exit Comes With a $1.2 Billion Ball-and-Chain
Offshore

Maersk’s Big Oil Exit Comes With a $1.2 Billion Ball-and-Chain

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is about to exit the Danish offshore oil industry that it created half a century ago. But for

March 5, 2018
Total Views: 41

Friday, March 2, 2018
shipping containers
News

DP World May Develop $1.2 Billion Port at Banana on Congo Coast

By William Clowes and Michael J. Kavanagh (Bloomberg) — DP World Ltd. may develop a $1.2 billion deep-water port in the Democratic Republic of Congo,

March 2, 2018
Total Views: 71

nave Pyxis
Shipping News

Oil Traders Make Sea Odyssey as Gasoline Criss-Crosses Globe

By Ann Koh, Serene Cheong and Laura Blewitt (Bloomberg) — Over the course of March, the oil tanker Nave Pyxis will slice through the Pacific Ocean as it

March 2, 2018
Total Views: 38

Thursday, March 1, 2018
GE's haliade offshore wind turbine
Offshore

GE Unveils the World’s Most Powerful Wind Turbine

By Jeremy Hodges (Bloomberg) — GE Renewable Resources said it’ll spend as much as $400 million over the next few years to build an offshore wind

March 1, 2018
Total Views: 110

Tuesday, February 27, 2018
North Korean Ships Change Names to Evade International Sanctions
Shipping News

North Korean Ships Change Names to Evade International Sanctions

By Kambiz Foroohar (Bloomberg) — As Washington and Seoul try to maintain a unified front against North Korea, the case of two cargo ships shows

February 27, 2018
Total Views: 205

Monday, February 26, 2018
oil tanker
News

Supertankers Sailing from U.S. to Cut Time, Money and Traders

By Serene Cheong (Bloomberg) — Big oil tankers sailing from the U.S. are set to bring along some benefits for refiners in Asia while allowing them to

February 26, 2018
Total Views: 51

Friday, February 23, 2018
offshore supply vessel
News

Haunted by Oil Slump, Singapore’s Otto Marine Buckles Under Debt

By Andrea Tan and David Yong (Bloomberg) — A Singapore shipping company rescued by its chairman just over a year ago faces collapse unless the courts

February 23, 2018
Total Views: 172

An LNG carrier at night
News

LNG Rollercoaster Seen Getting Wilder Until China Builds Storage

By Anna Shiryaevskaya (Bloomberg) — The rollercoaster that drags liquefied natural gas prices higher as demand jumps in the northern hemisphere winter is

February 23, 2018
Total Views: 25

Thursday, February 22, 2018
madrid maersk
News

Hoping to Protect Investment-Grade Rating, Maersk Ready to Move Step Closer to Junk `for Right Reason’

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S this week renewed a pledge to creditors to protect its investment-grade rating. But the man in

February 22, 2018
Total Views: 27

Wednesday, February 21, 2018
offshore rig north sea
Offshore

Offshore Oil Recovery Beginning in World’s Harshest Environments

By David Wethe (Bloomberg) — Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s

February 21, 2018
Total Views: 36