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BIMCO Welcomes EU Decision on Migrants

  BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

Another Grant from ExxonMobil to mark World Malaria Day

  ExxonMobil today announced $10 million in new grants to mark World Malaria Day, continuing the company’s 15-year commitment to fighting a disease that is preventable and treatable,

Energy Institute to Adopt Experience of Energy Firms

  Sochi hosted today the 14th meeting of the International Supervisory Board (ISB) of the Energy Delta Institute (EDI) as well as an international meeting of the

Norway Sale - Ithaca Energy

  Ithaca Energy Inc. has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge AS (“Ithaca Norge”), for an initial consideration of US$60 million.

Long Beach, Los Angeles ports host forum to gather input

  More than 100 cargo owners, trucking firm leaders, longshore labor, marine terminals and other goods movement industry representatives turned out Wednesday for

BP to Sell CATS Business To Antin Infrastructure

  BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million).

Protesting Japanese Arrested for landing drone on PM's office

  A Japanese man has been arrested for landing a drone on the prime minister's office with a minuscule amount of radiation in an apparent protest against the use of nuclear power,

Peru Postpones Bidding on Oil Blocks Amid Price Collapse

  Peru will hold off on launching an international auction for 25 oil blocks in the first half of 2015 as energy companies grapple with low crude prices, the country's

Arctic Nations to Fight Climate Change Despite Russia Tensions

  The eight Arctic Council nations pledged on Friday to do more to combat climate change that is shrinking the vast frigid region, with countries trying to put

Venezuela Probes ex-minister accused of corruption in Ferry Deals

  A former minister in President Nicolas Maduro's government denied in an interview published on Friday accusations of corruption during the purchase of three

Oil Exec McClendon Faces US Antitrust Probe

Aubrey McClendon, the former CEO of Chesapeake Energy Corp, is under investigation by the U.S. Department of Justice for potential antitrust violations related to leasing oil and gas properties,

Judge Orders Migrant Boat to Remain in Custody

An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after prosecutors

Maritime Casualty Forum Held in Singapore

More than 250 shipping and insurance professionals gathered for the first ever Asian Maritime Casualty Forum held during Singapore Maritime Week.   The two-day conference,

Horizon's Hawaii Business Acquisition Cleared by DOJ

Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The

EU Sees Progress Towards UN Climate Deal

EU sees China, Canada, S.Arabia making climate plans by June; India, Brazil, Indonesia to miss EU's target deadline. The European Union expects that countries

Japan Hikes Emission Cut Goal by 25 pct

Japan is considering cutting emissions of greenhouse gases by around 25 percent by 2030, up from an earlier target of about 20 percent, as its contribution to a

Fifty Mali Migrants Among Hundred Drowned in Med

At least 50 Malians from the impoverished region of Kayes were among up to 900 migrants who drowned trying to cross from Libya to Europe this weekend, the government said on Friday.

UN Cautiously Optimistic with EU Migrant Plan

The United Nations refugee agency said on Friday the European Union's plan to triple its naval search mission in the Mediterranean for migrants was an "important

Shell's Brazil Strategy Factors in Petrobras Scandal

Royal Dutch Shell Plc has taken into account the risks presented by the Petrobras graft scandal to its expanding operations in Brazil and is confident the Brazilian

BHP Billiton Commemorates the Anzac Legacy

  On the 100th anniversary of the Anzacs’ landing at Gallipoli, BHP Billiton has honoured the contribution of serving Australians and New Zealanders past and present

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