Bloomberg

Crude oil prices are poised to fall below half where they were six months ago, before producers begin dealing with a global

Lockheed Martin Corp. and Austal Ltd., makers of the Navy’s Littoral Combat Ship, have emerged unscathed in the new strategy by departing Defense Secretary

The number of supertankers sailing to China jumped to a record in ship-tracking data amid signs that the oil-price crash is spurring the Asian nation to

Wind power generation is forecast at near yesterday’s record later today, peaking at 6,747 megawatts at 9 p.m. London time, according to Bloomberg’s wind

Algeria, Africa’s largest natural gas producer, has expanded capacity to ship the fuel on tankers and plans to sell more of it in Asia and make up for a

Norway signaled it may cut its economic forecast for next year as a slump in oil prices threatens growth in western Europe’s biggest crude

Billionaire John Fredriksen bought shares in Seadrill Ltd. for $33.5 million, boosting his stake in the offshore driller to 23.9 percent as the stock fell

The killing of a crew member of a Vietnamese tanker by pirates yesterday marks a deadly escalation in Southeast Asian hijackings and the third attack on a ship

Brazilian authorities are investigating foreign companies including AP Moeller-Maersk A/S over allegations they bribed Petroleo Brasileiro SA executives in

A civilian engineer at the Norfolk Naval Shipyard was arrested in a sting operation on a charge of trying to steal diagrams of the U.S. Navy’s newest nuclear

Petroliam Nasional Bhd.’s deferred decision on a C$36 billion ($32 billion) liquefied natural gas project in British Columbia is bringing to the fore

Technip SA, Europe’s largest oil-and- gas services company, will probably raise its 1.47 billon-euro ($1.8 billion) offer for rival, CGG SA, according to UBS

Australia’s Senate voted early today to support legislation backed by Prime Minister Tony Abbott that denies asylum seekers arriving by boat the right to

By Naomi Christie Dec. 4 (Bloomberg) — When OPEC sent oil prices tumbling last week by deciding not to tackle a global glut of crude, shipping companies

Brent crude traded near $70 a barrel, erasing earlier gains as traders evaluated the impact of OPEC’s decision to maintain output at last week’s meeting.

Brazil’s biggest money laundering and corruption scandal just got bigger with a high-level executive’s pledge to return $100 million and testify against

Tugboat engineers at Australia’s Port Hedland approved a labor agreement, ending the threat of strikes at the world’s largest bulk export

ExxonMobil Corp. and OAO Rosneft terminated contracts for five service vessels operated by Norway’s Siem Offshore Inc. and Rem Offshore ASA as sanctions

China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles

Brent crude steadied after OPEC triggered the biggest one-day plunge in three years yesterday by failing to cut its output in response to a glut. Oil in New