News

By Mikael Holter (Bloomberg) — Norwegian billionaire Kjell Inge Rokke, who built most of his fortune on oil and gas, says the time has come to start

By Waruna Karunatilake and Nidhi Verma COLOMBO/NEW DELHI, Sept 16 (Reuters) – Sri Lanka is seeking at least 340 million rupees ($1.9 million) from the

By Jack Wittels and Prejula Prem (Bloomberg) –Big oil traders are rushing to book tankers with a view to storing a glut of refined petroleum like diesel

By Katrina Lewis (Bloomberg) –Abu Dhabi’s main sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc., the largest U.S. exporter of

By Roslan Khasawneh SINGAPORE, Sept 16 (Reuters) – Global demand for marine fuels is expected to fall by up to 17% due to the impact of the coronavirus

The shipowner of the Gulf Livestock 1 has requested for a renewed search for survivors following pressure from the families of the missing seafarers. In an

The Port of Los Angeles recorded its first monthly cargo increase of the year in August as imports soared to a record high, helping the port to its strongest

By Erwin Seba HOUSTON, Sept 15 (Reuters) – More than a quarter of U.S. offshore oil and gas production was shut and key exporting ports were closed on

The U.S. Defense Advanced Research Projects Agency, aka DARPA, has awarded contracts to private sector companies as part of a project to demonstrate the use of

By Eric Roston (Bloomberg) –As the summer melt season reaches its peak, the largest Arctic ice shelf has jettisoned a piece of ice twice the size of

By Olga Popova, Gleb Stolyarov and Abhinav Ramnarayan MOSCOW, Sept 15 (Reuters) – Sovcomflot plans to raise at least $500 million in an initial public

By Bryce Baschuk (Bloomberg) — The World Trade Organization undercut the main justification for President Donald Trump’s trade war against China,

By Kate Abnett BRUSSELS, Sept 15 (Reuters) – The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime

Sept 15 (Reuters) – Carnival Corp said on Tuesday it expects to post a loss of $2.9 billion in the third quarter, hurt by the suspension of cruises due

By John Kemp LONDON, Sept 15 (Reuters) – Like other technology shifts, energy transitions provoke strong responses because they involve changes in lives

A South Korean cable layer sank in the East China Sea over the weekend after suffering a fire on board. Korean media reports the 6,204-tonne Responder suffered

By Erwin Seba HOUSTON, Sept 14 (Reuters) – Energy companies, ports and refiners on Monday raced to shut down as Hurricane Sally lumbered towards the

By Nidhi Verma NEW DELHI, Sept 14 (Reuters) – Sri Lanka has initiated repair work on the ruptured fuel oil tank in the engine room of a stricken fully

By Kamlesh Bhuckory (Bloomberg) — Tens of thousands took to the streets in the southeastern region of Mauritius to show discontent over the handling of

HOUSTON, Sept 13 (Reuters) – Tropical Storm Sally strengthened off the west coast of Florida on Sunday and was poised to become a hurricane, bringing the