Americas
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Navios sells two VLCCs to its midstream sister company
Athens: NYSE-listed Navios Maritime Acquisition is to sell two VLCCs to Navios Maritime Midstream Partners for a combined $100m. The vessels are the…
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IEA puts dampener on Canada’s LNG prospects
Vancouver: The prospects for Canada’s liquefied natural gas (LNG) industry may be less bright than previously thought, according to the…
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Petrobras delays cutbacks pending government rescue plan
San Francisco: Petrobras is likely to postpone the announcement of swingeing cuts to its five-year spending plan, Reuters reported on…
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Gulf ports and offshore drillers face up to Tropical Storm Bill
San Francisco: Tropical Storm Bill forced the closure of some Texas waterways on Tuesday as ports in the Lone Star…
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Regulators still assessing Shell plan as vessels head to Arctic
Seattle: Even though Shell’s vessels have already begun their journey north towards Alaskan waters, the company was still being assessed…
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NewLead defence attorneys gain permission to withdraw
Athens: NewLead’s defence attorneys Reed Smith yesterday received permission to withdraw from the breach of contract case brought by TransAsia…
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Gas leak causes suspension of production at Petrobras platform offshore Rio
San Francisco: Production at Petrobras’ offshore P-40 platform remained suspended on Monday after a gas leak on the vessel caused…
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Date set for vote on Genco and Baltic merger
New York: Genco Shipping & Trading and Baltic Trading Limited has declared July 17 the date for an annual meeting of…
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Dorian LPG wins new charters and adds newbuild to Helios Pool
New York: US-headquartered VLGC owner Dorian LPG has announce that it has entered into a three-year time charter for the…
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Storm leads Chevron and Shell to evacuate personnel from rigs
San Francisco: Some of the world’s leading energy developers – including Chevron, Shell, Exxon and BP – were taking moderate…
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‘Kayaktivists’ arrested for attempted blockade of Shell rig
Seattle: Around a dozen anti-oil-drilling protesters were arrested on Monday for trying to impede the progress of Shell’s oil rig…
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North Korean seafarers jailed in Panama for arms trafficking
San Francisco: Two North Koreans have been jailed in Panama for 12 years for attempting to smuggle Cuban weapons through…
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Brazil’s Senate to back bill to reduce Petrobras’ share of pre-salt offshore fields
San Francisco: Brazilian politicians were predicting on Friday that the country’s senate will vote yes on a bill to remove…
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Norway’s DSD Shipping faces further US indictments
San Francisco: Norwegian firm DSD Shipping, and some of its employees, faced further charges in America on Friday, all relating…
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Flaws in procedures, equipment and training led to fatal Petrobras FPSO blast
San Francisco: Brazil’s state oil giant Petrobras on Friday revealed the results of its investigation into a fatal explosion on…
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Two activists tie themselves to anchor chain of ship in Shell’s Arctic fleet
Seattle: Two activists tied themselves to the anchor chain of a Shell Oil vessel not far from Seattle on Friday…
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A week to 10 days needed to clear Callao port strike backlog
San Francisco: Operators of Peru’s major port in Callao said on Thursday it could take between a week and 10…
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Major milestone for Panama Canal expansion as water flows into new locks
San Francisco: The Panama Canal passed another milestone towards becoming supersized when engineers started flooding some of its new enlarged…
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US Court rejects case against Shell Arctic lease approvals
San Francisco: Shell’s planned return to Arctic waters for oil drilling cleared another hurdle on Thursday when a federal appeals…
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Pacific NorthWest LNG terminal terminal almost certain to go ahead
Vancouver: Canadian authorities have approved a pipeline that will link some of the country’s natural gas fields to an export…
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