The Biden administration's plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming. The criticism from both sides reflects the difficulty Biden's White House has had in dealing with U.S.
The state of Texas is putting into service a fleet of new, highly capable patrol boats as it works to detect, disrupt and deter criminal activity along the Rio Grande."Now, more than ever, it is imperative that our law enforcement officers and Texas National Guard soldiers adopt innovative solutions
A very active Atlantic hurricane season so far this year has not sent storms across U.S. oil and natural gas fields in the northern Gulf of Mexico, sparing energy companies billions of dollars of losses and consumers higher fuel costs.The 2023 Atlantic hurricane season has been another in a string with above average activity producing three major hurricanes with winds above 111 mph (179 kph) out
Globalization may have peaked, but the resilience of world trade in the face of mounting headwinds means a reversal of the past three decades is not inevitable.Since the COVID-19 pandemic and Russia's invasion of Ukraine shattered global supply chains, debate has raged over how integrated the global economy will be in the future compared with the previous 30 to 40 years.
The increasing need to secure energy supplies after easing COVID-19 restrictions has pushed China to gradually resume Australian coal imports and urge domestic miners to boost their already record output.The lifting of the unofficial ban on Australian coal imports, which were halted in 2020 in a fit of Chinese pique over questions on COVID's origins
Pat Stoik will join insurer Ascot Group as Executive Vice President, Head of Marine, Ascot U.S., effective October 24. He will be based in New York and will report directly to Matt Kramer, Chief Executive Officer, Ascot U.S.An experienced executive in the marine industry, Stoik brings more than 35 years of senior management, underwriting, and broker experience to Ascot.
USS Nimitz (CVN 68), the oldest-serving U.S commissioned aircraft carrier in the world, successfully completed its 350,000th arrested aircraft landing recently while sailing in the South China Sea, a milestone nearly 48 years in the making.Nimitz’s first arrested landing was conducted in 1975, the same year of the ship’s commissioning.
Cox Marine, the manufacturer of the CXO300 diesel outboard engine, announced an expanded contract with U.S.-based distributor and Cox investor, Ring Power, to cover additional regions as the exclusive distributor. The Florida-based company is increasing its territories beyond the state of Florida and the Caribbean to include Georgia, North Carolina, and South Carolina, as well as Bermuda.