Bloomberg

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Wednesday, January 3, 2018
offshore drilling rig brazil
News

Trump Seeking Biggest Offshore Drilling Increase in Decades

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is poised to open the door to selling new offshore drilling rights from the Atlantic Ocean

January 3, 2018
Total Views: 53

Tuesday, January 2, 2018
Christophe de Margerie first cargo
News

Russia Posts Highest-Ever Natural Gas Output in Expansion Drive

By Elena Mazneva and Jake Rudnitsky (Bloomberg) — Russia registered its highest-ever natural gas production last year amid plans to expand into

January 2, 2018
Total Views: 28

fuel barge beset by ice hudson river
News

Icy Rivers Slow New York Barges Trying to Deliver Heating Fuel

By Laura Blewitt (Bloomberg) — Shivering New Yorkers may have to pay more to get warm as ice in the Hudson River delayed fuel-barge deliveries and the

January 2, 2018
Total Views: 55

Lighthouse Winmore tanker north korea
News

Trafigura Denies Involvement in North Korea Oil Transfer

By Kanga Kong and Dan Murtaugh (Bloomberg) — Trafigura Group denied it was involved in the illicit transfer of fuel to North Korea after the South Korean

January 2, 2018
Total Views: 140

Offshore oil rigs. Photo: By Lukasz Z / Shutterstock
News

Big Oil’s Exit Leaves Norway Tending to Its Own Petroleum Future

By Mikael Holter (Bloomberg) — Norway is realizing it will have to do without the deep pockets of the biggest oil companies as it seeks to extend an era

January 2, 2018
Total Views: 80

Friday, December 29, 2017
deepwater horizon
News

Trump Administration Rolls Back Offshore Safety Rules Put In Place After Deepwater Horizon

The Production Safety Systems Rule, which the Trump administration is planning to roll back, addresses safety and pollution prevention equipment, subsea safety

December 29, 2017
Total Views: 118

Billionaire John Fredriksen’s Battle at Sea
Offshore

Billionaire John Fredriksen’s Battle at Sea

by Chris Hughes (Bloomberg) Shipping billionaire John Fredriksen struck a deal to save his Seadrill Ltd oil services company from collapse in 2017. Next year,

December 29, 2017
Total Views: 555

Thursday, December 21, 2017
north sea oil rig
Shipping News

North Sea Pipeline Crack Stress Tests World’s Most Important Oil Benchmark

By Laura Hurst (Bloomberg) — When a vital North Sea oil pipeline cracked earlier this month, it did more than halt the flow of barrels: it

December 21, 2017
Total Views: 43

containership bunkering
Shipping News

Greek Shipowner Bets $1 Billion on Low Sulphur Fuel Rule Upending World Trade

By Firat Kayakiran (Bloomberg) — A Greek shipowner is predicting new rules for marine fuel will put thousands of the world’s merchant vessels

December 21, 2017
Total Views: 55

Wednesday, December 20, 2017
Eni CEO Claudio Descalzi
Offshore

Eni, Shell to Face Trial in Italy in $1 Billion Bribery Case

By Chiara Albanese, Sergio Di Pasquale and Kelly Gilblom (Bloomberg) — Eni SpA, Royal Dutch Shell Plc and senior executives will face trial over a $1.1

December 20, 2017
Total Views: 61

Arctic Refuge Just the Start as Trump Moves to Unlock Alaska Oil
Offshore

Arctic Refuge Just the Start as Trump Moves to Unlock Alaska Oil

By Alex Nussbaum (Bloomberg) — Drilling for crude in the Arctic National Wildlife Refuge may be just the start as President Donald Trump seeks to revive

December 20, 2017
Total Views: 30

Tuesday, December 19, 2017
scarabeo 9
Offshore

This Sanction-Proof Rig Beats U.S. Policy From Cuba to Russia

By Jack Farchy and Chiara Albanese (Bloomberg) — The oil rig was built mostly in China and drilled its first well in Cuba. Now it’s

December 19, 2017
Total Views: 179

Monday, December 18, 2017
satellite dish array
Shipping News

Satellites Reshaping How Traders Track Earthly Commodities

By Aaron Clark and Dan Murtaugh (Bloomberg) — A lump of coal is scooped onto a truck bed in Australia, driven to a port, loaded on a ship,

December 18, 2017
Total Views: 68

tanker loading
News

Oil Steadies Above $57 Amid Supply Disruptions Around the World

By Grant Smith (Bloomberg) — Oil steadied above $57 a barrel in New York as the threat of supply disruptions from the North Sea to OPEC member Nigeria

December 18, 2017
Total Views: 22

Saturday, December 16, 2017
eni zohr field
Offshore

Egypt Says Eni’s Giant Zohr Gas Field Starts First Production

By Salma El Wardany (Bloomberg) — Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its

December 16, 2017
Total Views: 82

Thursday, December 14, 2017
Bitcoin and blockchain
Shipping News

Bitcoin Points Way to `Massive Change’ for Commodity Trading

By Luzi Ann Javier (Bloomberg) — Blockchain is upending the world’s financial markets with the rise of bitcoin, and now the digital-ledger

December 14, 2017
Total Views: 32

auger tension leg platform
News

Goldman Says Big Oil Is Poised for Its Best Year in Decades

By Kelly Gilblom and Nejra Cehic (Bloomberg) — Big Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc. In 2018,

December 14, 2017
Total Views: 39

Christophe de Margerie first cargo
News

Russia Wins in Arctic After U.S. Fails to Kill Giant Gas Project

By Jack Farchy and Elena Mazneva (Bloomberg) — Building the $27 billion Yamal liquefied natural gas project meant shipping more than 5 million

December 14, 2017
Total Views: 1175

Wednesday, December 13, 2017
uss little rock lcs
News

Lockheed’s Littoral Combat Ships Running 11 Months Late, U.S. Navy Says

By Tony Capaccio (Bloomberg) — Lockheed Martin Corp. will deliver its eight remaining Littoral Combat Ships an average of 11 months late, more

December 13, 2017
Total Views: 92

Scientists Link 2016 Extreme Weather Events to Human-Caused Climate Change
News

Scientists Link 2016 Extreme Weather Events to Human-Caused Climate Change

By Jim Efstathiou Jr. (Bloomberg) — Some of last year’s crazy weather — including extreme heat around the world to unusually warm waters in the

December 13, 2017
Total Views: 17