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Law, Rule, Prosecution

Tata Steel Dutch factory exempt from new U.S. tariffs: ANP

A U.S. tariff on steel derivatives used in packaging will not apply to Tata Steel products manufactured in the Netherlands, news agency ANP reported on Monday, citing the country’s foreign minister. The ANP report said...

EU antitrust regulators to rule on $69 billion Aramco-SABIC deal by February 27

EU antitrust regulators will decide by Feb. 27 whether to clear state energy firm Saudi Aramco’s $69.1 billion acquisition of world number four petrochemicals group Saudi Basic Industries Corp (SABIC), a European Commission filing...

U.S. will not lift sanctions to negotiate with Iran: Trump

U.S. will not lift sanctions to negotiate with Iran DUBAI (Reuters) - The United States will not lift sanctions on Iran in order to negotiate, U.S. President Donald Trump tweeted late on Saturday, seemingly in...

Libyan central bank chief says oil blockade must be lifted

LONDON (Reuters) - A blockade of major Libyan oil ports is damaging the economy and must be quickly resolved, the Tripoli-based central bank governor told Reuters on Friday, adding that Libya could run a...

Emissions concerns drive innovation in the deep-well pump market

The hydraulic-powered deep-well pump is a firm favourite among tanker owners, but the need to optimise energy efficiency is driving the transition towards an electric-powered alternative The engineering design of the hydraulic deep-well pump is...

U.S. imposes fresh Iran-related sanctions on two people, six companies

The United States on Thursday said it blacklisted two companies based in Hong Kong, one in Shanghai and one in Dubai for helping Iran’s state-owned National Iranian Oil Company (NIOC) export millions of dollars...

Lawsuit Filed After Deadly Tanker Collision Near Galveston

The owners of the MT Odfjell Bow Fortune, the 600-foot tanker that collided with a fishing vessel near Galveston, Texas on January 14, has asked a Federal court to absolve them of all financial liability associated...

U.N. envoy hopes for, but cannot predict, speedy reopening of Libya oil ports

U.N. cannot predict, speedy reopening of Libya oil ports BERLIN/ZUEITINA, Libya (Reuters) - The United Nations envoy to Libya said on Saturday he hoped but “could not predict” whether eastern oil ports shut ahead of...

German government sets aside $50 billion for phase out of coal-fired power stations

Germany’s federal government and the four German states where lignite – or brown coal – is mined have agreed to “a way forward” for the phase out of coal-fired power stations in the country. In...

Brazil prosecutors threaten to revive $37 billion lawsuit over Samarco delays: source

Brazil’s federal prosecutors’ office has threatened to revive a 155 billion reais ($37 billion) lawsuit against Vale SA and BHP Group, citing delays in helping survivors of a deadly dam burst at their Samarco...