News

NEWPORT NEWS, Va., Sept 25 (Reuters) – U.S. President Donald Trump said on Friday he had extended a ban until 2032 on oil drilling off the coast of North

The U.S House of Representatives has passed the “Clean Economy Jobs and Innovation Act” seeking to reform U.S. energy policy and authorize major

SINGAPORE, Sept 25 (Reuters) – Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on

The Government of Canada will provide CAD $320 million (USD $238 million) to support offshore oil and gas industry jobs in Newfoundland and Labrador amid the

Louisiana-based shipbuilder Metal Shark is marking its entry into the recreational yacht market with the introduction of a new 48-meter aluminum hull

By K. Oanh Ha and Jack Wittels (Bloomberg) — The world’s largest container shipping companies and the United Nations Secretary-General are appealing to

By Lisa Baertlein LOS ANGELES, Sept 25 (Reuters) – The Los Angeles-based maker of Exploding Kittens and Throw Throw Burrito board games ordered 1 million

By Kyunghee Park (Bloomberg) — An online home shopping boom in the U.S. has sent transpacific sea freight rates to the highest on record, helping the

By Christopher Yasiejko (Bloomberg) –Carnival Corp. is poised to dramatically curb monetary damages for passengers killed by the coronavirus under the

OSLO, Sept 24 (Reuters) – A sharp rise in the deployment of carbon capture, utilization and storage (CCUS) technology is needed globally if countries are

Sept 24 (Reuters) – The Baltic Exchange’s main sea freight index jumped to a more than two-month high on Thursday as strong iron-ore shipments out

By Waruna Karunatilake and Nidhi Verma COLOMBO/NEW DELHI, Sept 24 (Reuters) – The owners the New Diamond supertanker which caught fire with a cargo of

By Michelle Nichols NEW YORK, Sept 23 (Reuters) – Saudi Arabia warned the U.N. Security Council on Wednesday that an “oil spot” had been seen

By K. Oanh Ha (Bloomberg) –Unilever Plc and Procter & Gamble Co. are among consumer companies urging world leaders to resolve the plight of more than

Shipments of iron ore transported by the U.S.-flag Great Lakes fleet fell more than 40 percent last month compared to a year ago, according to new figures

The Viking Line ferry MS Amorella arrived at the Port of Langnas today after it was refloated from Jarso in the Aland Islands, Finland. Photos show the

A U.S. Coast Guard National Security Cutter suffered what appears to be a rather serious fire earlier this week while deployed to the U.S. 7th Fleet’s

MOSCOW, Sept 23 (Reuters) – The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and

By Valerie Volcovici WASHINGTON, Sept 22 (Reuters) – Chinese President Xi Jinping announced plans to boost his country’s Paris climate accord

PARIS, Sept 23 (Reuters) – Shipping group CMA CGM has agreed to buy a 30% stake in French airline company Groupe Dubreuil Aero as it continues to extend