Anthony Poole was surprised to see a large number of empty container berths in the vast, sprawling container terminals of Singapore.
Brian Scheid on how a nearly century-old US shipping law that has broad, bipartisan support in Congress faces a new opposition effort aimed at lessening costs to East Coast refiners.
The green shoots of optimism are poking through the parched ground of the oil patch lately as industry focuses on the aftermath of a downturn.
(Thu, 31 Mar 2016) Australia's Gorgon project, one of the largest liquefied natural gas (LNG) projects in the world, shipped its first cargo last week to Japan. Located on Barrow Island off the coast of northwestern Australia, the project includes a domestic natural gas plant, a carbon dioxide injection project, and an LNG export facility. Its three liquefaction units, also known as trains, have a combined capacity of 2.1 billion cubic feet per day (Bcf/d).
SAO PAULO, March 30 (Reuters) - Brazil's state-run Eletrobras, Latin America's largest electricity utility, posted on Wednesday a net loss of 10.438 billion reais ($2.85 billion) for the fourth quarter, due to impairments and provisions for potential legal liabilities.
SINGAPORE, March 31 (Reuters) - Oil futures fell in Asian trade on Thursday amid renewed worries of global oversupply after official data showed U.S.
SINGAPORE, March 31 (Reuters) - Oil futures fell in early Asian trade on Thursday amid renewed worries of global oversupply after official data showed U.S. crude inventories rose last week to a record for the seventh time in a row.
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