Bloomberg

By Kevin Orland Jan 11, 2025 (Bloomberg) –Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming

(Bloomberg) — An unusually large flotilla of merchant vessels has backed up near Yemen’s Ras Isa port in the Red Sea after Israeli air raids damaged

The US imposed its most aggressive sanctions on Russia’s oil industry yet as the Biden administration looks for last-minute ways to boost Ukraine’s

Germany spent big on liquefied natural gas terminals to ensure energy security, but the high cost of using them means they’re bringing in a tiny fraction of

Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since an October peak to 540,000

The US has blacklisted China’s largest shipping line and two shipbuilders over alleged links with the People’s Liberation Army, as Washington turns its

Vladimir Putin might have lost a slice of revenue after Kyiv closed its gas pipeline to Russian supplies, but Moscow already has alternatives for shipping the

Taiwan suspects a Chinese-owned cargo vessel damaged an undersea cable near its northeastern coast Friday, in an alleged act of sabotage that highlights the

Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade

By Denis Chabrol Jan 4, 2025 (Bloomberg) —Guyana said it is making a concerted effort to clear wreckage from its waterways and improve navigation as

By Kati Pohjanpalo Jan 2, 2025 (Bloomberg) —Finland began a so-called port state control inspection of the detained Eagle S tanker that’s being

By Jose Orozco Jan 1, 2025 (Bloomberg) –Mexico delayed applying a tax on cruise ship passengers at its ports for six months while exempting wheat

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in

Leaders from a US dockworkers’ union and the group that represents their employers are set to resume contract talks on Jan. 7 as the threat of a strike

The world’s No. 2 container carrier urged customers to remove cargo from East and Gulf Coast ports in the US before a Jan. 15 deadline for dockworkers and

By Sing Yee Ong Dec 31, 2024 (Bloomberg) –Global liquefied natural gas exports grew at the slowest pace since 2015, threatening to keep prices elevated

Estonia dispatched a navy ship to patrol a subsea power link after Finland seized an oil tanker suspected of damaging five cables with its anchor in what was

By Kati Pohjanpalo Dec 29, 2024(Bloomberg) –Finnish authorities investigating damage to subsea power and data cables found drag marks on the seabed

Police in Finland are transferring the seized oil tanker Eagle S closer to land as they step up their investigation into damage caused to undersea cables this