According to a report from Bloomberg, NITC Co., an Iranian shipowner with a fleet of 45 tankers, said its vessels are exempt from a ban that prohibits European Union-based insurers from covering companies based in the country.
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A North Korean patrol boat crossed into South Korean waters early on Monday and retreated after the South Korean navy fired warning shots, a South Korean military official said.
Three workers were killed and at least seven injured when a fire broke out on a Pemex oil processing platform in the Gulf of Mexico, but the latest in a string of incidents is now under control,
Lithuania will import more gas from Norway than from former sole supplier Russia in 2016 after developing infrastructure to support liquefied natural gas (LNG) imports,