Denmark's A.P. Moller-Maersk said for the first time on Wednesday there was a risk it could lose its largest oil producer, a 300,000 barrel per day Qatari field,
The Office of Management and Budget (OMB) completed its review of the draft final rule entitled Inspection of Towing Vessels, also known as "Subchapter M." The
Prosecutors seek $2.16 bln payment upfront; Vale, BHP say yet to receive notice of claim.
Mining companies Vale SA and BHP Billiton were hit with a 155 billion-real ($43.
A tanker that an oil company set up by Libya's eastern government prevented from loading has left the eastern port of Marsa el-Hariga, a port official said on Wednesday.
Fragmented sector chasing alliances to cut costs; Maersk has plenty of cash for deals - CEO.
A.P. Moller-Maersk returned to profit at its main container shipping business in the first quarter,
Shell cuts 2016 capex by 10 pct to $30 bln.
Royal Dutch Shell reduced its 2016 spending plans on Wednesday by another 10 percent from the target set in February
Petrobras has completed negotiations with Pampa Energía on the main terms and conditions of the sale of its stake in Petrobras Argentina (PESA), owned by Petrobras Participaciones S.
An estimated 113 people died in four shipwrecks between Libya and Italy at the weekend as the crossing becomes the preferred sea route for migrants to Europe, the
The helicopter crash that killed 11 oil workers and two crew on Friday was due to a technical error, the country's Accident Investigation Board said on Tuesday.
Hedge funds increased their net long positions in Brent and WTI derivatives by 7 million barrels to a record 663 million barrels in the week ending April 26.
Norway's $872 billion sovereign wealth fund, the world's largest, will back shareholder proposals aimed at changing corporate governance and climate policies at U.
General Electric wants to become a major player in the offshore wind industry and is interested in buying the Areva-Gamesa offshore joint venture Adwen, GE's new head of renewables said on Tuesday.
Energy Transfer Equity LP and Williams Companies Inc amended the terms of their $20 billion-deal agreement to reduce the number of days specified for completing some administrative requirements.
Anchorage-based Crowley Fuels yesterday completed an asset acquisition of the aviation fuels business of Ace Fuels, LLC, a fixed base operator (FBO) headquartered
The 42nd Conference of the Comité Maritime International (CMI), hosted by The Maritime Law Association of the United States (MLA), will take place in New York between May 3-6 at the New York Hilton.
The U.S. Supreme Court on Monday declined a request from shareholders seeking to revive their class action lawsuit against BP claiming the British oil company misrepresented
Two Ukrainian energy companies that lost control of assets in Crimea when Russia seized control of the peninsula have asked a U.N. arbitrator to award compensation,
The U.S. Coast Guard will conduct a second round of public hearings May 16-27 for the Marine Board of Investigation into the loss of the U.S.-flagged cargo ship El Caro, and its 33 crewmembers.
French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the
May 2 (Reuters) - Rig contractor Diamond Offshore Drilling Inc reported a higher-than-expected quarterly profit as its ongoing cost-cutting measures pay off.
The company has scrapped its dividend,