Bloomberg

With the stroke of a pen, President Barack Obama on Friday ended 40 years of U.S. crude oil export limits by signing off on a repeal passed by Congress earlier

By Billy House and Erik Wasson (Bloomberg) — Congress passed a $1.1 trillion spending measure that averts a U.S. government shutdown and ends a 40-

By Tony Capaccio (Bloomberg) — Defense Secretary Ash Carter has ordered U.S. Navy leaders to buy fewer ships so the service can spend more on jets such

By Joe Carroll (Bloomberg) — U.S. shale drillers will soon be able to sell their oil all over the world. Too bad no one needs it right now. A

By Andrea Rothman and Benjamin Katz (Bloomberg) — Rolls-Royce Holdings Plc Chief Executive Officer Warren East culled senior managers including the heads

By Jennifer A. Dlouhy (Bloomberg) — Royal Dutch Shell Plc is fighting to preserve U.S. drilling rights in Arctic waters three months after halting

By Brian Wingfield and Jennifer A. Dlouhy (Bloomberg) — The U.S. is poised to reverse an energy policy that has helped define its relations with the

Update: The Baltic Dry Index slid further Wednesday, closing at 471 points – its new all-time low. By Manisha Jha (Bloomberg) — The shipping

By Bloomberg News (Bloomberg) — China’s biggest shipping reform failed to enthuse investors as two major companies lost more than $850 million in total

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc said it would cut about 2,800 jobs to meet a pledge of reducing operating costs by $3.5 billion

By Brian Wingfield and Billy House (Bloomberg) — Senate negotiators are nearing a deal to allow unfettered U.S. crude oil exports for the first time in

By Tony Capaccio (Bloomberg) — The U.S. Navy’s new Littoral Combat Ship would be ineffective at hunting for mines because an underwater drone made by

By Naomi Christie and Rakteem Katakey (Bloomberg) — Back when the global recession trashed oil demand and prices, the likes of BP Plc and Vitol Group

By Bloomberg News (Bloomberg) — China announced plans to reorganize two major shipping groups with combined revenue of more than $40 billion, paving the

(Bloomberg View) — The U.S. Navy’s newest destroyer did something amazing this week: It floated. As absurd as it sounds, it was worth finding out

By Charles Penty (Bloomberg) — In 1708, the Spanish flagship San Jose was sunk by a British squadron near the port of Cartagena, in what is modern-day

By Manisha Jha (Bloomberg) — Investors betting that China’s near- insatiable appetite for industrial raw materials will drive global economic growth

By David Wethe (Bloomberg) — The relatively unheralded corner of the oil sector that sends supply boats out to offshore oil rigs may see bankruptcies as

By Kyunghee Park and Joyce Koh (Bloomberg) — CMA CGM SA’s S$3.38 billion ($2.4 billion) takeover of Neptune Orient Lines Ltd. offers two advantages for

By Selcan Hacaoglu (Bloomberg) — Turkey released three of four Russian ships that it detained this month at a Black Sea port for maritime safety