News

By Jonas Cho Walsgard (Bloomberg) — After more than 3 years of taking a hammering, drillers are set to rise. “They will rise 100 to 200

by Devika Krishna Kumar (Reuters) – The Diamond Pipeline has scrambled crude oil flows around the U.S. Gulf Coast and Midwest since it opened in

While attending the International Workboat Show in New Orleans last month, we met up with Magnus Oding, General Manager of Vestdavit, Inc, the U.S. subsidiary

U.S. shipping company TOTE is putting plans for a new Jones Act service between the U.S. mainland and Hawaii on hold due to complications in securing terminal

The U.S. Coast Guard and local agencies on Friday were continuing to monitor a towing vessel fire at mile marker 390 on the lower Mississippi River near

Jan 26 (Reuters) – The worst tanker oil spill in decades is unfolding across hundreds of miles of the East China Sea after an Iranian oil tanker carrying

The first LNG carrier to hold Ice Class 1A classification was named this week in Finland. The naming ceremony for the Coral EngergICE took place at the Port of

By Adam Williams and Sabrina Valle (Bloomberg) — If you’re a super-major oil explorer, Mexico says it’s got a bargain for you. The

By Guy Faulconbridge, Jonathan Saul and Polina Nikolskaya PARIS/LONDON/MOSCOW, Jan 26 (Reuters) – North Korea shipped coal to Russia last year which

French shipping giant CMA CGM has taken delivery of its new flagship, the 20,600 TEU capacity CMA CGM Antoine De Saint Exupery. The vessel is now biggest

BEIJING, Jan 26 (Reuters) – China on Friday outlined its ambitions to extend President Xi Jinping’s signature Belt and Road Initiative to the

Rolls-Royce has opened a state-of-the-art research facility in Turku, Finland, designed to aid in the further development of autonomous ship technology for the

By Naureen S. Malik and Rob Verdonck (Bloomberg) — A second tanker carrying Russian natural gas may be on the way to the U.S., following in the

Cruise ship giant Carnival Corporation announced Thursday it has signed yet another shipbuilding contract for a second LNG-powered cruise ship for its P&O

LONDON, Jan 25 (Reuters) – The Netherlands has given provisional approval to Gunvor to add a fuel upgrading unit at its Rotterdam refinery, according to

SINGAPORE, Jan 25 (Reuters) – China State Shipbuilding Corporation’s listed units CSSC Holdings and CSSC Offshore & Marine plan to bring in

French energy giant Total is expanding its footprint in the U.S. deepwater Gulf of Mexico market with an agreement to acquire Samson Offshore Anchor, which

The oil and gas industry is finally shows signs of rebound more than three years since global oil prices crashed, with senior oil and gas executives expecting

The American co-skippers of the Vestas 11th Hour Racing team, Mark Towill and Charlie Enright, have released a statement regarding their boat’s fatal

The U.S. Coast Guard and other federal and local authorities are responding to a towing vessel fire on the lower Mississippi River near Vicksburg, Mississippi.