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(Bloomberg) — The Arctic Ocean’s ice cover has shrunk to the smallest size ever observed in the three decades NASA has monitored it, according

BSEE reports that all dynamically positioned drilling rigs in the U.S. Gulf of Mexico moved off location prior to the storm and have been accounted for.

The Second Circuit Court of Appeals in New York on Wednesday upheld the original ruling that the government of Spain cannot hold Houston-based American Bureau

(Bloomberg) — Petroleos Mexicanos, the world’s fourth-largest oil producer, may have as many as 10 billion barrels of potential reserves in its El

Update: The Energy Centurion has been located off the coast of Nigeria still under control of pirates. “The vessel is presently sailing off the coast of

RIO DE JANEIRO–A Brazilian court on Tuesday upheld an injunction that bars U.S. oil major Chevron Corp. (CVX) and drilling company Transocean Ltd. (RIG)

(Bloomberg) — Rising gasoline prices and production cuts tied to a storm named Isaac churning across the Gulf of Mexico have some energy analysts

LONDON–Royal Dutch Shell PLC (RDSB.LN) has asked U.S. authorities for more time to drill in Arctic waters off the coast of Alaska after delays set back

STOCKHOLM–Norwegian oil and gas company Statoil ASA (STO) said Tuesday it is stepping up its exploration in the Arctic by drilling nine wells in the

Editor’s NOTE: With Hurricane Issac threatening a direct hit on New Orleans Wednesday, which happens to be the seventh anniversary of Hurricane

(Bloomberg) — The Louisiana Offshore Oil Port, the single largest entry point for crude coming into the U.S., plans to suspend offloading oil tankers

(Bloomberg) — Tropical Storm Isaac, which has delayed the opening of the Republican National Convention and scrubbed more than 650 flights, is expected

Weekly Piracy Incidents: AUG 16-22 GUINEA: General cargo ship boarded at anchorage on 21 August at 15:50 N – 013:58 W, approximately 23 nm southwest of

Need a dredger and need it now? Damen has got you covered – at least they did for a customer in China recently. Damen says that they have shipped

(Bloomberg) — BP Plc, the energy company that paid $3.2 billion last year to start exploring off the coast of Brazil, plans to sell its only producing

(Bloomberg) — The U.S. Coast Guard closed traffic on a section of the Mississippi River early today after a barge grounded because of shallow water. The

(Bloomberg) — ATP Oil & Gas Corp., the Gulf of Mexico oil producer that filed for bankruptcy last week, was given preliminary approval by a judge for

The Somali man responsible for negotiating the ransom payment of the hijacked American yacht, S/V Quest, will spend the rest of his life in prison. Earlier

(Bloomberg) — The U.S. Coast Guard expects to open to traffic a section of the Mississippi River near Greenville, Mississippi, that was shut because of

RIO DE JANEIRO–Brazilian state energy company Petroleo Brasileiro S/A (PBR, PETR4.BR), or Petrobras, said Tuesday that it had started work to convert an