Oil extended declines on Wednesday as investors digested statements from President Donald Trump that the U.S. had reached a deal to import up to $2 billion worth of Venezuelan crude, a move that would lift supplies to the world’s largest oil consumer.B…
Oil Edges Lower as US Reaches Import Deal with Venezuela Read More »
The quest to rebuild the U.S. iceabreaking fleet continues to move at lightening speed, with Seaspan Shipyards (Seaspan) signing agreements with Bollinger Shipyards (Bollinger) and Rauma Marine Constructions Oy (Rauma) to provide its Multi-Purpose…
U.S. Icebreaker Build Plan Moves Forward at Warp Speed Read More »
The U.S. seized a Russian-flagged oil tanker that was being shadowed by a Russian submarine on Wednesday, after pursuing it for more than two weeks across the Atlantic as part of Washington’s efforts to block Venezuelan oil exports, U.S. officials…
US Seizes Russian-Flagged Oil Tanker After Two-Week Pursuit Read More »
Top US official says seizure of M Sophia was connected with Venezuelan government request for oil cargo
Tanker stocks soar as investors weigh tanker seizures and Venezuelan oil pact Read More »
The M Sophia will join two other ships off the coast of US held since anti-Maduro regime operation was launched last month
US forces swoop on two tankers in Venezuela blockade Read More »