By Valerie Volcovici WASHINGTON, June 22 (Reuters) - The largest U.S. oil and gas lobby group is seeking to convince Hispanic and black communities to support the Trump administration's proposed expansion of offshore drilling, arguing it would create high paying jobs, including for storm-displaced Puerto Ricans. The American Petroleum Institute (API) launched its … [Read more...]
NGO Shipbreaking Platform Slams Shipping Industry ‘Scaremongering’ to Undermine European Ship Recycling Regulation
The NGO Shipbreaking Platform is accusing the shipping industry of using 'scaremonger' tactics and 'fake news' in order to get South Asian shipbreaking yards included on a list of EU-approved ship recycling facilities. According to the NGO Shipbreaking Platform, which promotes against the use of South Asia's 'beaching' yards, the shipping industry is quick to lament that … [Read more...]
Subsea Search for 79 Missing Containers Lost from YM Efficiency Set to Start Off Australia
The subsea search for 79 missing containers that fell from the containership YM Efficiency earlier this month is set to kick off in the next few days, the Australian Maritime Safety Authority said Friday. AMSA has confirmed that the ship's insurers have contracted Port of Newcastle to provide their hydrographic survey vessel to initially conduct a five-day search. The … [Read more...]
Trump Threatens 20 Percent Tariff on U.S. Car Imports from European Unions
By David Shepardson WASHINGTON, June 22 (Reuters) - President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars, a month after the administration launched an investigation into whether auto imports pose a national security threat. "If these Tariffs and Barriers are not … [Read more...]
Norway’s Wildcat Wells Get Best Results Since 2010 Bonanza
By Mikael Holter (Bloomberg) -- Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best exploration results in almost a decade. If they keep that pace up, explorers could find close to 1 billion barrels of new oil and gas this year for the first time since the landmark discovery of the giant Johan Sverdrup oil field in … [Read more...]