Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since an October peak to 540,000 barrels a day.

The Chinese director of a firm whose vessel Taiwan suspects of having damaged an undersea communications cable said on Wednesday there was no evidence the ship was involved, an incident that has alarmed the government in Taipei.

Taiwan's coast guard has said that it suspects a ship damaged an undersea communications cable over the weekend, but that bad weather prevented its personnel from boarding the vessel to investigate.

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.

an 4 (Reuters) – Russia declared a regional state of emergency on Saturday in Crimea, which it seized from Ukraine in 2014, as workers cleared tons of contaminated sand and earth on either side...

By Kati Pohjanpalo Jan 2, 2025 (Bloomberg) —Finland began a so-called port state control inspection of the detained Eagle S tanker that’s being held after undersea cable ruptures last week, seeking...

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.

U.S. LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and driving up full-year shipments 4.5% over 2023, according preliminary data from financial firm LSEG.

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections for sensitive marine areas during his final weeks in the White House.

Finland's power grid operator Fingrid said on Thursday it had asked a Helsinki court to seize the Eagle S oil tankerin a bid to secure the company's claim for damages related to the breakdown of the Estlink 2 electricity cable.

The European Union’s landmark FuelEU Maritime regulation came into force on January 1, 2025, marking a watershed moment for the shipping industry’s decarbonization efforts. The regulation targets vessels over 5,000...

By Sing Yee Ong Dec 31, 2024 (Bloomberg) –Global liquefied natural gas exports grew at the slowest pace since 2015, threatening to keep prices elevated until new supply comes online to...