Bloomberg

Cnooc Ltd., China’s biggest offshore oil and gas explorer, will keep its annual production target, undeterred by a 40 percent plunge in first-quarter

Investments in ballast water treatment are set to surge on the ratification of global environmental legislation that would help regulate vessels’ water

Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even

The North Atlantic Treaty Organization agreed to establish a liaison office in Djibouti to boost anti- piracy efforts off the Horn of Africa, the 28-nation

(Bloomberg) — As the oil industry takes stock of Royal Dutch Shell Plc’s $70 billion move for BG Group Plc, one company has more to chew on than most.

Royal Caribbean Cruises Ltd. dropped as much as 6.5 percent after the cruise line cut its annual profit forecast, blaming fuel prices and the stronger

Grupo Schahin filed for Brazil’s equivalent of Chapter 11, becoming the latest Petroleo Brasileiro SA contractor to seek protection from creditors as a

Santos Ltd. expects its $18.5 billion liquefied natural gas project in Australia to start production in about five months, pushing the country closer to

A few months after snapping up the most heavily discounted Mexican oil in 20 years, Asian refiners are discovering some of these bargains may have been

Oil traded near the highest price this year amid speculation a slowdown in the U.S. shale boom will ease the biggest supply glut since

(Bloomberg View) — On April 16, 2014, more than 300 people died when a passenger ferry carrying mostly high-school students sank off the coast of South

The tanker British Sapphire just finished its own version of Homer’s

The Obama administration proposed tighter rules for the offshore drilling equipment designed to be a last line of defense against oil-well blowouts, five years

There’s a growing chorus of lawmakers advocating a bigger role for foreign oil companies in Brazil’s prized deepwater discoveries as the national producer

The biggest iron ore producers including BHP Billiton Ltd. and Rio Tinto Group are pursuing a flawed strategy by flooding an oversupplied market and they

U.S. President Barack Obama said the U.S. is concerned that China is using its “muscle and power” to dominate smaller countries, hours after China defended

“We are all just prisoners here of our own

Royal Dutch Shell Plc says its proposed $70 billion takeover of BG Group Plc will boost dividends and share buybacks for investors. North Sea workers in fear

Royal Dutch Shell Plc agreed to buy BG Group Plc for about 47 billion pounds ($70 billion), making Europe’s largest oil company the pre-eminent player in

Fighting between Yemen’s warring factions spread on Wednesday, as the country’s main seaport of Aden was engulfed by violence and some of its grain silos