The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.

an 4 (Reuters) – Russia declared a regional state of emergency on Saturday in Crimea, which it seized from Ukraine in 2014, as workers cleared tons of contaminated sand and earth on either side...

By Kati Pohjanpalo Jan 2, 2025 (Bloomberg) —Finland began a so-called port state control inspection of the detained Eagle S tanker that’s being held after undersea cable ruptures last week, seeking...

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.

U.S. LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and driving up full-year shipments 4.5% over 2023, according preliminary data from financial firm LSEG.

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections for sensitive marine areas during his final weeks in the White House.

Finland's power grid operator Fingrid said on Thursday it had asked a Helsinki court to seize the Eagle S oil tankerin a bid to secure the company's claim for damages related to the breakdown of the Estlink 2 electricity cable.

The European Union’s landmark FuelEU Maritime regulation came into force on January 1, 2025, marking a watershed moment for the shipping industry’s decarbonization efforts. The regulation targets vessels over 5,000...

By Sing Yee Ong Dec 31, 2024 (Bloomberg) –Global liquefied natural gas exports grew at the slowest pace since 2015, threatening to keep prices elevated until new supply comes online to...

By Kati Pohjanpalo Dec 29, 2024(Bloomberg) –Finnish authorities investigating damage to subsea power and data cables found drag marks on the seabed likely left by the anchor of seized tanker Eagle...

SYDNEY, Dec 27 (Reuters) – LawConnect took line honors at the Sydney to Hobart race for a second straight year early on Saturday in a race marred by the deaths of two...

Police in Finland are transferring the seized oil tanker Eagle S closer to land as they step up their investigation into damage caused to undersea cables this week.