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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...
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