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ABS, U.S. Energy Department Team Up on Nuclear-Powered Ships

12 October 2026 at 21:02
The American Bureau of Shipping (ABS) and the U.S. Department of Energy (DOE) have signed an agreement to advance the use of nuclear power in commercial shipping, including nuclear-powered vessels,...

EU Targets Major Russian Shipyards in Sweeping Sanctions Expansion

12 October 2026 at 18:07
The European Union has imposed sanctions on some of Russia’s most important shipyards, including major submarine builders, naval ship-repair facilities and yards involved in commercial vessel construction, as part of...

Saudi Eyes 10 Million Barrels a Day of Oil Pipe Capacity

12 October 2026 at 11:04
Saudi Arabia is looking at ways to expand its oil pipeline capacity to destinations outside the Persian Gulf to 10 million barrels a day within two to three years, said Energy Minister Prince Abdulaziz bin Salman.

Iran Says US Response To Its Proposal To Reopen Hormuz Was ‘Insufficient’

12 October 2026 at 00:13
DUBAI, Oct 11 (Reuters) – The United States’ response to Iran’s seven conditions in a proposal to reopen the strategic Strait of Hormuz was “insufficient”, Iran’s security chief, Mohsen Rezaei, was quoted by state...

Trump Says Russia and Ukraine Agreed to ‘Energy Ceasefire’

12 October 2026 at 00:00
By Catherine Lucey and María Paula Mijares Torres Oct 11, 2026 (Bloomberg) –President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy ceasefire” effective immediately. “Both parties...

Republican Senator Says Trump’s Russian Diesel Deal May Be Illegal

11 October 2026 at 18:31
By Jan Wolfe Oct 11 (Reuters) – Republican US Senator Thom Tillis on Sunday said President Donald Trump’s diesel supply deal with Russia may be illegal and will put American lives at risk, adding to bipartisan...

More Tankers Hit in Hormuz as U.S. Strikes Cargo Ship

11 October 2026 at 15:28
Two more tankers have been struck in the Strait of Hormuz as U.S. forces disable a cargo vessel in the Gulf of Oman, extending a sharp escalation in attacks on commercial shipping.

US Says It Disabled Cargo Vessel Trying To Run Iran Blockade

11 October 2026 at 04:02
Oct 10 (Reuters) – The US military said on Saturday it had disabled a commercial cargo vessel in the Gulf of Oman after the ship’s crew ignored warnings and attempted to run...

Dutch Propose Law To Crack Down On Russian Shadow Fleet

10 October 2026 at 20:55
By Patrick Van Oosterom Oct 9, 2026 (Bloomberg) –The Dutch government proposed a legal change to crack down more effectively on Russia’s shadow fleet, prompting the Russian embassy to threaten its...

Tiny Drones Help Tackle Shell’s Million-Dollar Hurricane Problem

10 October 2026 at 20:16
By Lucia Kassai Oct 9, 2026 (Bloomberg) –When hurricanes sweep through the Gulf of Mexico, oil companies can lose millions of dollars waiting for the all-clear to restart production. Shell Plc...
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