Saturday, April 12, 2014 Maritime News

"Gas War" looms as Pro-Russian militants raise flags in East Ukraine

Apr 12, 2014

 Pro-Russian militants raised their flags over official buildings in two eastern Ukrainian cities on Saturday, deepening a stand-off with Moscow which, Kiev warned,

French foreign minister meets Raul Castro on historic visit to Cuba

Apr 12, 2014

 France's foreign minister met with Cuban President Raul Castro on Saturday during the first visit to the island by such a high-ranking French official in 31 years

Anglo American seeks compensation from Venezuela

Apr 12, 2014

 Anglo American is seeking compensation from Venezuela at a World Bank tribunal over the 2012 cancellation of mining concessions by late president Hugo Chavez's government.

Biden visit to Kiev to show U.S. support for Ukraine

Apr 12, 2014

 U.S. Vice President Joe Biden will travel to Kiev on April 22 to meet with government officials and civil society groups ahead of the Ukrainian presidential election in May,

Ukraine Suspends Gas Payments to Russia

Apr 12, 2014

 Ukraine is suspending payments to Russia for gas deliveries until the conclusion of price talks, chief executive Andriy Kobolev said on Saturday.   State-run

Coast Guard establishes Safety Zone for WW II explosive detonation

Apr 12, 2014

Coast Guard establishes a Safety Zone Regulation from 9a.m. to 12p.m. April 13, 2014 in Flamenco Bay, during the underwater detonation of a World War II explosive in Culebra, Puerto Rico.

U.S. Crude Nears 6-Week High

Apr 12, 2014

U.S. crude oil rose to near a six-week high on Friday, steered by stronger gasoline demand and a positive consumer confidence report, but gains were capped by profit

Boiler Explodes At Mexico Refinery

Apr 12, 2014

 A boiler at Mexico's Ciudad Madero refinery exploded on Friday because of excessive pressure, but there were no injuries and production was not affected, state-owned

Petrobras Sells 10% Power Plant Stake

Apr 12, 2014

Petróleo Brasileiro SA, Brazil's state-controlled oil company know as Petrobras, agreed on Friday to sell its 10 percent stake in thermal power plant Usina Termelétrica

Brazil's Batista Target of Insider Trading Probes

Apr 12, 2014

Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt

Russian Gas Trader Billionaire: U.S. Sanctions an "Honor"

Apr 12, 2014

Gennady Timchenko, the billionaire Russian gas trader hit with U.S. sanctions over his alleged ties with the Kremlin following Russia's annexation of Crimea, said

Ukraine, Russia Continue to Haggle Over Gas

Apr 12, 2014

Ukraine's state-run energy company Naftogaz has suspended gas payments to Russia until the conclusion of price talks, chief executive Andriy Kobolev was quoted as saying on Saturday.

Crude Oil Leak Contaminates China Waters

Apr 12, 2014

 A crude oil leak from a pipeline owned by a unit of China National Petroleum Corp. (CNPC) is to blame for water contamination that has affected more than 2.4 million


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