Glencore Ordered to Pay Millions Over Decades-Old Oil Fraud
Glencore Plc was ordered to pay just over $40 million to OMV Petrom SA by a U.K. court for fraudulently shipping oil of a lower-than-purported quality to
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Glencore Plc was ordered to pay just over $40 million to OMV Petrom SA by a U.K. court for fraudulently shipping oil of a lower-than-purported quality to
About a dozen U.S. drilling executives, including ConocoPhillips Chief Executive Officer Ryan Lance, were in Washington this week trying to persuade White
Owners may demolish 40 million deadweight tons of dry bulk carriers, more than double last year’s total, according to Arctic Securities ASA in Oslo.
CGG SA Chief Executive Officer Jean-Georges Malcor said he would welcome a commercial partnership deal for seismic oil surveys with Technip SA, after spurning
The Port of Oakland, the fourth-busiest container port on the West Coast, partially shut down in a dispute between dockworkers and management, more than two
Two ports in Western Australia closed as a strengthening tropical cyclone approached the coast. The system isn’t affecting Port Hedland, the biggest-bulk
Exxon Mobil Corp. cut processing rates at its Baytown, Texas, refinery due to vessel traffic delays along the Houston Ship Channel as a stretch of the largest
Delivery of General Dynamics Corp.’s first two electric-powered Zumwalt-classdestroyers for the U.S. Navy is running more than a year late, in part for lack
BHP Billiton will absolutely not be pulling back on their output of iron
Cairn Energy Plc expects a slump by half in the cost of oil rigs to sustain the U.K. producer’s exploration in Senegal even after crude prices sank in
At a shipyard in southern Japan, Mitsubishi Heavy Industries Ltd. engineers envision the newest fuel- efficient engines for liquefied natural gas carriers
More than a thousand delegates from the shipping industry gathered last month at the Hilton Athens for the Greek Shipping Forum, a day of speeches and panel
Seadrill Ltd., the offshore oil driller controlled by billionaire John Fredriksen, said the rig market is unlikely to recover for at least two years following
Global trade in liquefied natural gas will exceed $120 billion this year, taking it past iron ore as the most valuable commodity after oil, Goldman Sachs Group
This is how much size matters in the shipping industry: Bragging rights for the world’s largest container ship have changed hands four times in as many
China Rongsheng Heavy Industries Group Holdings Ltd., once the country’s largest private shipyard, said it will not proceed with a proposed warrant sale
Bourbon SA, a French supplier of ships and crew to oil and natural gas producers, said margins may drop this year following a 36 percent profit slump in 2014
A total of 1.27 million metric tons were shipped each day in
Glencore Plc, the world’s biggest listed commodities trader, said 2015 could be a boom year for oil amid the biggest price swings in six
Ivory Coast, which disputes sea boundaries with neighboring Ghana, has asked an arbitration panel to order Ghana to halt drilling in an area where Tullow
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