Americas
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Petrobras scandal probe nears Brazil’s former national president Lula
The Petrobras bribes-for-inflated contracts corruption scandal on Monday claimed another prominent head and came closer to embroiling one of the…
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Peru starts sanctions process against shipping firms for alleged price fixing
Peru’s anti-monopoly body Indecopi (The National Institute for the Defence of Competition and Intellectual Property), announced on Monday that it…
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USCG panel hears from Tote’s port engineer as first round of El Faro hearings concludes
Tote Services’ port engineer discussed with El Faro’s captain the brewing storm that would ultimately sink the cargo vessel, the…
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Mexico’s regulator proceeds with new phase of offshore block tender
Mexico’s oil industry regulator CNH (Comisio Nacional de Hidrocarburos) on Friday announced that it is proceeding with plans to auction…
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Final BP defendant in Deepwater Horizon case is cleared
The final individual defendant from BP in the Deepwater Horizon disaster was cleared by a jury in New Orleans on…
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El Faro panel hears that parts of boiler system were in need of maintenance
An inspector found parts of El Faro’s boiler system called burner throats were in need of maintenance but did not…
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Brazil’s Senate passes bill removing Subsalt Polygon obligations from Petrobras
Brazil’s Senate has passed a bill that removes an onerous financial commitment from state oil firm Petrobras and may help…
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Asia Vision leaves Sabine Pass with landmark LNG export cargo
Liquefied natural gas (LNG) tanker the departed from Sabine Pass terminal in Louisiana on Wednesday night carrying the first export…
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US Coast Guard admits poor response to El Faro distress calls
At the eighth day into the hearing on the sinking of the El Faro last October, US Coast Guard officials…
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Swiss arrest Odebrecht executive in connection to Petrobras scandal
Swiss authorities have arrested an executive of Brazilian engineering giant Odebrecht as part of the ongoing bribes-for-inflated-contracts corruption scandal surrounding…
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Fugro to deploy Brazil-built IRM vessel under new contract with Petrobras
Dutch survey company Fugro has secured a one-year inspection, repair and maintenance (IRM) contract with Brazil’s state oil form Petrobras.…
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Pemex CEO says industry reform best thing for company amid oil price plunge
The recently installed new chief of Mexico’s state oil firm Pemex says the plunge in prices will not change his…
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Peruvian line goes bust leaving stranded crew and an illegal shipment of timber
Yacu Taski is the latest dry bulk casualty. The firm, part of Peruvian Amazon Line, takes timber from the Amazon…
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Green group slams draft environmental assessment of fracking offshore California
A green group on Tuesday slammed as “deeply disappointing” the US federal government’s first draft environmental assessment since January’s official…
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Lifeboats dominate El Faro debate
The 40-year-old El Faro ship, which sank in a hurricane last October 1, was always needing maintenance, its former chief…
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Car carrier price fixing probe launched in Brazil
Brazilian authorities are investigating nine car carrier firms over price fixing. CSAV, Eukor, Grimaldi, Hoegh Autoliners, K Line, MOL, NYK,…
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Petrobras to be first recipient of LNG export shipment from Sabine Pass terminal
The landmark first shipment of liquefied natural gas (LNG) from Sabine Pass terminal in Louisiana is being bought by Petrobras,…
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Cheniere founder back with rival new firm
Charif Souki, the founder and ousted ex-ceo of Cheniere Energy, is making an LNG comeback. He has teamed up with…
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Ultrapetrol listing moved to Nasdaq Capital Market
Ultrapetrol has transferred its public listing to the Nasdaq Capital Market from the Nasdaq Global Select Market after failing to…
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Eagle Bulk gets another week to solve liquidity crisis
Supramax specialist Eagle Bulk has been granted an extra week of its forbearance period. The NASDAQ-listed firm now has until…
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