The United States and Germany on Wednesday unveiled an agreement on the Nord Stream 2 gas pipeline under which Berlin pledged to respond to any attempt by Russia to use energy as a weapon against Ukraine and other Central and Eastern European countries.The pact aims to mitigate what critics see as the strategic dangers of the $11 billion pipeline, now 98% complete
The Biden administration granted oil refiner Citgo Petroleum a maritime shipping waiver allowing it to move fuel between U.S. ports on a foreign flagged vessel, two sources told Reuters on Friday, making it the second company to secure one this week.The waivers are intended to help ease distribution of fuel after a major pipeline serving the U.S.
Fourteen U.S. states including Louisiana and Wyoming filed suits on Wednesday against President Joe Biden's administration to challenge his pause on new oil and gas leasing on federal lands and waters.The legal actions, which seek to restore regular federal drilling auctions, come a day before the administration is set to launch a review of the oil and gas leasing program.
Germany is betting the U.S. administration will take a pragmatic approach to the Nord Stream 2 project to ship Russian gas to Europe and is pushing for the pipeline’s completion in defiance of U.S. opposition, officials and diplomats said.To try to block the $11 billion project, led by Russia’s Gazprom, successive U.S.
A Bangladeshi woman whose husband died dismantling an oil tanker in a local shipyard was given the green light this week to keep pursuing a claim for compensation from a UK company linked to the vessel in a test case for the shipbreaking industry.Britain’s Court of Appeal threw out a request by London-based shipbroker Maran (UK) Ltd for the negligence case to be dismissed
The U.S. Interior Department announced Tuesday it will launch its review of the federal oil and gas leasing program on March 25, a key step that will determine whether the Biden administration will permanently halt new leases on federal land and water.The review will kick off with a public forum on oil and gas leasing on federal land and water, with participants representing industry
The Biden administration is expected to name as early as Friday the companies it believes are helping build Russia's Nord Stream 2 pipeline, five sources said, a move that could eventually prompt sanctions on the nearly-completed project.The State Department report to Congress, which may come on Friday
One of the world’s oldest tugboats, the 117-year-old, steam-driven Daniel Adamson, is set to return to service offering short cruises along the River Weaver, a tributary of the fabled Mersey River in England, after the completion of a project to install new propeller shaft bearings.
The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on the Russian project in coming weeks, senior Trump administration officials said on Wednesday.The outgoing Trump administration is readying a fresh round of congressionally mandated sanctions “in the very near future” that
Two Iranian-flagged tankers transporting fuel are sailing round Africa’s Cape of Good Hope en route to the Atlantic Ocean, according to Refinitiv Eikon’s vessel tracking data.The medium-size vessels Forest and Fortune, carrying about 300,000 barrels of fuel each loaded at Iran’s Bandar Abbas terminal last month, are bound for Venezuela, according to sources with knowledge of the shipment.
A Bangladeshi woman whose husband died while dismantling an oil tanker at a shipbreaking yard in 2018 can file a negligence claim against a British company involved in the vessel’s sale, London’s High Court ruled this week.Khalil Mollah, 32, fell to his death while working on a tanker called the EKTA in the port city of Chattogram in southeastern Bangladesh
The keel laying ceremony for the first of Swan Hellenic’s two new ice-class expedition cruise ships took place in Helsinki today. This saw the first 347-ton block of the ship – newly arrived from Klaipeda, where it had been outfitted and painted – being set on the keel over coins to bring good luck in accordance with ancient maritime custom.