Cautious Optimism on Pacific NorthWest LNG Report

 Canadian Environmental Assessment Agency (CEAA)  has ruled that Pacific NorthWest LNG’s project in British Columbia would likely harm harbour porpoises and contribute to climate change,

UPS Oposes CP-NS Merger

 UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp.

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Valero Energy Sues US EPA over Biofuels Plan

Valero Energy Corp filed lawsuits against the U.S. Environmental Protection Agency on Friday to push the regulator to alter a U.S. policy designed to boost use of renewables in transportation fuels.

Owner Fined for 'Dangerously Unsafe' Vessel

The owner of a harbor tanker has been fined £3,000 with more than £7,000 costs after pleading guilty to a charge of operating a vessel for being dangerously unsafe.

Cenovus Energy to Sell $5 bln in Securities

Canadian oil producer Cenovus Energy Inc said it would sell up to $5 billion of stock, debt and other securities in one or more tranches, a day after it cuts its dividend,

UK North Sea Oil & Gas Starts at 45-year Low

The number of new exploration wells to be drilled in the British part of the North Sea this year is set to fall to the lowest since the hunt for oil and natural gas began there in the early 1970s,

Infighting Cancels Iran Contract Presentation

Internal clashes over the oil contracts, hardliners oppose contracts, push to have a bigger say. Iran's cancellation of a conference when it had been due to

Aker Solutions Halts Dividend Amid Market Turmoil

Drops dividend to handle difficult market outlook, but backlog above forecast. OSLO, Feb 12 (Reuters) - Norwegian oil engineering firm Aker Solutions said on

Saipem Faces Solo Slog in Low Oil Price World

Shares plunge to near 20-year lows after issue results. A plunge in oil prices and little sign of recovery anytime soon have left Italian oil contractor Saipem

Philippines Mulls Bilateral Sea Talks with China

The Philippines may consider two-way talks with China to resolve a territorial dispute in the South China Sea but only if it wins its case with Beijing at an arbitration tribunal in The Hague,

API Challenges EPA's Plan on Biofuels

The American Petroleum Institute (API) has filed a challenge to the U.S. environmental regulator's plan for biofuels use, the group said on Thursday, on the heels

ICS Coordinates Maritime Employers at ILO Meeting

 The International Chamber of Shipping (ICS), as the Secretariat for the Shipowner Group at the International Labor Organization, coordinated employers’ representatives

Vessel Discharge Amendment Push Continues

AWO voices strong opposition to McCain anti-Jones Act amendment   The American Waterways Operators (AWO) is continuing an intensive lobbying campaign to bring

Gazprom Looks to Int'l Banks for $2 bln Loan

Russian state gas firm Gazprom is looking to raise a $2 billion syndicated loan from international banks, two banking sources told Reuters on Thursday. One of

TransCanada Ups Dividend Despite Slump, Keystone Setback

TransCanada Corp., Canada's second-largest pipeline company, raised its dividend at a time when most energy companies are scaling back shareholder payouts, as long-term

NATO Launches Sea Mission Against People-Smugglers

NATO, EU mission to help target traffickers in Aegean Sea. NATO ships are on their way to the Aegean Sea to help Turkey and Greece crack down on criminal networks smuggling refugees into Europe,

Obama Climate Plan Faces Skeptical Supreme Court

The U.S. Supreme Court's unexpected move to block President Barack Obama's policy to cut pollution from coal plants highlights what both sides in the legal fight

Greeks at Frontline of Migrant Crisis Angry at EU Critics

ABOARD THE AGIOS EFSTRATIOS, Aegean Sea, Feb 11: Greek Captain Argyris Frangoulis lifts his binoculars and with eyes fixed on the Aegean Sea horizon, steers his

Total Proposes 0.61 ‎€ per Share Dividend

The Board of Directors of Total met on February 10, 2016, and agreed to propose to the Annual Shareholders’ Meeting on May 24, 2016, a 2015 annual dividend of 2.

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