Five of Canada’s largest energy-focused industry associations have formed a joint working group to support the push against the threat of a 25% tariff on all Canadian goods from the incoming U.S. President, Donald Trump.The Canadian Association of Petr...
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Trump’s Likely First Energy Policy Moves
President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive…
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EU naval force: Allegedly hijacked Chinese fishing vessel liberated
A Chinese fishing vessel that was allegedly hijacked last month in Somalia's waters, in the semi-autonomous Puntland region, has been liberated, the European Union's anti-piracy naval force said on Monday."According to the information provided (by the ...
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Port of New Orleans wins $1 Million EPA Grant
The Port of New Orleans (Port NOLA) announced that it has been awarded $1,000,000 from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability Management Plan (SMP)."This funding is a crucial investment i...
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Dozens of tankers drop hook as US sanctions bite
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.Five of those tankers…
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Capesize carries Baltic Index to One-month High
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a one-month high on Monday on the back of higher capesize rates.The index, which factors in rates for capesize, panamax and supramax...
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Finland: Tanker Sabotage Crew poised to cut cables when caught
Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables and pipelines when Finnish authorities boarded the vessel last month, the head of the Finnish investigation…
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Vietnamese General Cargo Ship Sinks, Crew Rescued
All 18 crew of a Vietnam-registered general cargo ship have been rescued after their vessel sank off Singapore.The Hong Kong registered container ship Nicolai Maersk received a distress call from the Dolphin 18 on January 11 around 7:00am (Singapore…
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Brazil’s President Authorizes Offshore Wind Development
Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country's energy security and spark a wave of investment.The…
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New Sanctions Expected to Have Severe Consequences for Russia
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said.T...
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