BP Won’t Face Moratorium Claims Over Oil Spill, Judge Says
By Margaret Cronin Fisk and Laurel Brubaker Calkins (Bloomberg) — BP Plc won total dismissal of claims by energy and oilfield service companies for
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By Margaret Cronin Fisk and Laurel Brubaker Calkins (Bloomberg) — BP Plc won total dismissal of claims by energy and oilfield service companies for
By Colin Simpson (Bloomberg) — A new Chinese shipping index that tracks freight movements among the countries on the route of one of President Xi
By Justin Sink, Josh Wingrove and Jennifer A. Dlouhy (Bloomberg) — President Barack Obama and Canadian Prime Minister Justin Trudeau announced steps to
By Blake Schmidt and Sabrina Valle (Bloomberg) — Marcelo Odebrecht, the former head of one of Brazil’s largest industrial conglomerates, was sentenced
By James Paton (Bloomberg) — Chevron Corp.’s Gorgon natural gas project off Australia’s northwest coast boasts the world’s biggest carbon dioxide
By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller struggling with the industry’s biggest debt load, surged by a record for a second
By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipbuilder, posted a record loss last year
By Javier Blas (Bloomberg) — The Monte Toledo oil tanker covered the uneventful voyage from Iran to Europe with a haul of 1 million barrels of crude in
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s second-biggest shipping company, plans to write down its capital by 86
By Alex Longley (Bloomberg) — For an industry that is losing money on almost every transaction, the world’s commodity shippers are remarkably busy
By Mikael Holter and Alex Longley (Bloomberg) — Shippers ferrying coal, iron ore and grains across the globe have never had it this bad and should expect
By David Tweed and Ditas Lopez (Bloomberg) — China has stationed ships near a submerged reef in the South China Sea, blocking access by Philippine boats
By Peter Millard (Bloomberg) — Major oil producers are beginning to confront the need to develop offshore prospects in Brazil, or lose them. Total SA and
By Adam Williams (Bloomberg) — Mexico’s state-owned oil company is taking deepwater development off its plate for now. Driven to rip $5.5 billion out
By Tsuyoshi Inajima and Emi Urabe (Bloomberg) — Japan’s Jera Co. said it’s in talks with other LNG companies to create an alliance of buyers that
By Jonathan Burgos and Eduard Gismatullin (Bloomberg) — Singapore Exchange Ltd. said it’s seeking to buy Baltic Exchange Ltd., the 272-year-old
By Nicholas Brautlecht (Bloomberg) — Private equity is turning its back on shipping after a glut of funding over the last five years contributed to
By Naureen S. Malik (Bloomberg) — It’s official. The natural gas flowing out of America’s shale formations is now available to the world. The
By Naureen S. Malik (Bloomberg) – At least 163 tankers. That’s how many cargoes of natural gas it’d take to wipe out the ever-expanding glut of
By Mikael Holter (Bloomberg) — When the price of a 10-pound (4.5-kilogram) Atlantic salmon jumped above the cost of a barrel of crude last month, nobody
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