Bloomberg

Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refineries processed record amounts and

By Lynn Doan July 16 (Bloomberg) — A four-decade-old ban on crude exports from the U.S. will survive another year, the chairman of the U.S. House’s

Enterprise Products Partners LP and Pioneer Natural Resources Co., two of the first fuel suppliers to win approval to send U.S. condensates abroad, may be

With U.S. domestic production at a 28-year high, the Louisiana Offshore Oil Port's managers are thinking the previously unthinkable: sending North American oil

For more than 30 years, the Louisiana Offshore Oil Port LLC has been a symbol of U.S. dependence on foreign oil, pumping Nigerian and Saudi Arabian crude from

ABB Ltd., the world’s largest maker of transformers, won a $400 million contract to build the first electricity link between Newfoundland and the North

Imports into U.S. ports may hit a five-year high this month, as retailers rush in holiday goods to avoid potential disruptions as West Coast longshore workers

Daewoo Shipbuilding & Marine Engineering Co. won an order valued at as much as $2.8 billion for nine ice-class vessels that will haul gas from the Yamal LNG

Djibouti’s government said it rescinded DP World’s concession at the Doraleh Container Terminal after finding evidence of corruption and has begun

The U.S. Navy can’t meet its funding needs for surface warships and a new class of nuclear attack submarines from 2025 to 2034, according to the service’s

A.P. Moeller-Maersk A/S said its oil and gas business will take a $1.7 billion writedown on its oil assets in Brazil and no longer push for an expansion in the

High winds, crashing waves and a dangerous storm surge may strike Okinawa, including its capital Naha, as Super Typhoon Neoguri nears

Apache Corp., the energy company that has announced $9.8 billion of asset sales in the past year, is seeking a buyer for its interests in the Wheatstone

By Nicholas Brautlecht July 4 (Bloomberg) — Hamburg started construction of a third cruise-ship terminal at Germany’s biggest port to prepare for

Stanford Marine Group postponed a planned initial public offering in London as majority owner Abraaj Group courts potential buyers for the Dubai-based

By Isis Almeida July 3 (Bloomberg) — Energia del Pacifico SA, the winner of a tender to build a power plant in El Salvador, plans to sign this month

Almost a century before Christopher Columbus discovered America, Zheng in 1405 embarked on a series of voyages with ships of unrivaled size and technical

KKR & Co.’s Turkish ferry unit, its sole investment in the country, has attracted binding bids from Danish shipping company DFDS Group A/S and an alliance of

Drifting five miles off the Aruba coast, the 591-foot-long oil-servicing ship OSA Goliath has no projects to work on or contracts to fulfill. Yet in its idle

By Paul Tugwell July 1 (Bloomberg) — Increased U.S. exports of liquefied petroleum gas amid higher shale oil production will boost demand for ships that