The U.S. is allowing a Russian tanker full of crude oil to reach Cuba, the New York Times reported on Sunday, possibly granting a lifeline to the Caribbean island amid a de facto oil blockade imposed by Washington.Ship tracking data showed the Russian-flagged tanker Anatoly Kolodkin on Sunday was just off the eastern tip of Cuba.The Times report, citing a U.S.
The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The agreement marks a new strategy in the Trump administration's wide-ranging effort to stymie development of U.S. offshore wind projects, which President Donald Trump has said he finds ugly, costly and inefficient.
The barge Defiant was refloated from the Castillo San Felipe del Morro shoreline in San Juan Harbor, Wednesday at approximately 2:22 a.m., just before high tide.Salvage crews and tugboat operators prepositioned three tugboats and completed all the preparations, including the pressurization of all cargo tanks, voids and compartments in the barge.
All-Cash Deal, Expanding Brazil FootprintTidewater Inc. (NYSE: TDW) has signed a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, WSUT) in an all-cash transaction valued at approximately $500 million, including the assumption of existing debt.
The U.S. Coast Guard coordinated the rescue of 27 mariners on Saturday after their Venezuelan-flagged fishing vessel caught fire approximately 500 miles north-northwest of the Galapagos Islands, Ecuador.At 3:51 p.m. PST, Saturday, Rescue Coordination Center Alameda received a notification from the Garmin Search and Rescue Command Center of an SOS distress alert from the 240-foot fishing vessel
Brazil's Federal Audit Court (TCU) on Monday voted six to three to recommend that operators of existing container terminals at the Santos port be barred from participating in the first phase of bidding for a planned mega terminal, citing concerns over market concentration.The decision deals a blow to companies such as Danish shipping group Maersk
The backers of a proposed 800-mile (1,287 km) gas pipeline in Alaska championed by U.S. President Donald Trump expect to complete a key engineering and cost study by the end of this year, Interior Secretary Doug Burgum said on Monday.The ambitious proposal to transport gas from Alaska's far north to the Gulf of Alaska has been talked about for decades but has received new impetus under Trump
The catastrophic implosion of the Titan submersible that killed five people in 2023 could have been prevented, a U.S. Coast Guard investigative board found on Tuesday, calling the vessel’s safety culture and operational practices “critically flawed.”The Titan vanished during a descent to the Titanic wreck on a tourist expedition, losing contact with its support ship.
Australia conditionally approved on Wednesday a request by Woodside Energy to extend until 2070 the life of its North West Shelf gas plant, following a six-year review dogged by delays, appeals and backlash from green groups.The facility on the Burrup peninsula in Western Australia is the country's oldest and largest liquefied natural gas plant and a key supplier to Asian markets
Deep-sea mining firm The Metals Co asked the Trump administration on Tuesday to approve its plans to mine the international seabed, making it the first such company to seek the government's permission to operate outside U.S. territorial waters.Last week President Donald Trump signed an order aiming to jumpstart mining in both domestic and international waters in an attempt to boost U.S.
The Unified Command, consisting of the US Coast Guard, Spectrum OpCo (Operator), and the Louisiana Oil Spill Coordinator's Office (LOSCO), continue to respond an oil and natural gas release in coastal Louisiana.This spill occurred on April 26 in a marsh environment near the Garden Island Bay Production Facility company's well in Plaquemines Parish, southeast of New Orleans, Louisiana.
Nippon Yusen (NYK), Japan's largest shipping line, is concerned that U.S. President Donald Trump's tariffs could push up the cost of automobiles and daily goods, denting consumer demand and slowing cargo flows, its president said."The tariffs are not directly borne by consumers, but the burden ultimately falls on them, which in turn reduces the actual flow of goods.