China-based Yangzijiang Shipbuilding reported a 28.4 per cent increase in net profit to CNY5.4 billion ($0.80 billion) for the six months ended June 30, 2026. Revenue rose 36.2 per cent year-on-year to CNY17.5 billion, supported by the progressive recognition of…
Buyers in the Middle East are looking to secure liquefied natural gas from Canada as a hedge against geopolitical turmoil, the president of the company that majority-owns Canada's Woodfibre LNG project said.Ratnesh Bedi, president of Singapore-based Pacific Energy — which…
The National Transportation Safety Board published its marine investigation report into a collision in the Houston ship channel near Lynchburg, Texas. The incident occurred on July 19, 2024 between the 656-foot (199.9-metre) bulk carrier Yangze 7 and the 50-foot (15.3-metre)…
Brazilian energy company Petrobras reported net income of BRL52.4 billion ($10.4 billion) for the second quarter of 2026, up 97 per cent from the corresponding period of 2025.
Algoma Central Corporation reported revenue of CA$258.27 million ($185.36 million) for the second quarter ended June 30, 2026, up from CA$211.72 million in the corresponding period of 2025.
Oil prices rose by more than $3 a barrel on Thursday on news that an Iranian parliament committee is reviewing a bill that would ban US and Israeli vessels from the Strait of Hormuz and fine violators up to a…
