Shipowner liability is on the horizon as the Nairobi International Convention on the Removal Wrecks will enter into force on 14 April 2015 following the deposit,
An Italian court has ruled that Pietro Varone, former chief of oil service firm Saipem's engineering business, was improperly dismissed in connection with corruption allegations in Algeria,
A survey of London solicitors by specialist intermediaries insurer ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts,
Brazil's state-run oil company, Petroleo Brasileiro SA, on Tuesday defended its 2006 purchase of a refinery in Pasadena, Texas, even as it admitted the deal caused the company to lose money.
Opponents of Canada's Northern Gateway pipeline, bolstered by a coastal town's vote against the project, said on Monday they will now push harder for a provincial
Dudley reiterates BP stands by its Russian investments; now in Moscow for a Russian Geographical Society meeting.
Western sanctions over Russia's actions in
The Maritime Administration of the United Arab Emirates has introduced services for the attestation of seaman contract and issuance of oil/chemical/gas tanker endorsement.
The captain of the Costa Concordia tried to persuade the crisis coordinator of the cruise line to pretend an electrical blackout had caused the shipwreck, a court was told on Monday.
Arcadia Petroleum and Parnon Energy have entered talks to settle accusations by the Commodity Futures Trading Commission that they fixed the physical crude oil market,
Hong Kong’s Center for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today, April 14, that in view of a notification from the Japanese
A Hamburg court on Monday said it reached a preliminary decision that would see German utilities being reimbursed more than 2.2 billion euros ($3.06 billion) in
German Vice Chancellor Sigmar Gabriel warned on Monday of an escalation of the crisis in Ukraine, saying "Russia was clearly prepared to allow tanks to roll across European borders".
Mining company Glencore Xstrata said it agreed to buy Chad-focused oil company Caracal Energy for about 800 million pounds ($1.3 billion), in a deal which will
Four Mexican nationals, who were illegally fishing in U.S. waters off South Texas were rescued, after their lancha began taking on water during a pursuit by the crew of the Cutter 'Brant',
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.
Brazil's Federal Police raided the headquarters of state-run oil company Petroleo Brasileiro SA in Rio de Janeiro as part of a money-laundering probe, two sources
Governments, maritime employer representatives coordinated by the International Shipping Federation (ISF) and their counterparts from the International Transport
Brazil's security regulator believes that tycoon Eike Batista engaged in insider trading, newspaper Valor Economico reported on Friday, saying his oil company waited
European leaders have not yet responded to Vladimir Putin's appeal for urgent talks to resolve questions surrounding Ukraine's debt to Moscow for natural gas, the
Greece-based chemical transportation company Stalwart Tankers Inc has postponed its U.S. IPO plans due to "market conditions," an underwriter told Reuters.
The company filed with U.