Bloomberg China’s third-biggest oil company faces a US blacklist, which could spur major outflows from its Hong Kong-listed unit, after years of involvement in offshore drilling in disputed South China Sea waters. China National Offshore Oil Corp (CNOOC), the nation’s main deepwater explorer, is among four companies to be added to a list of firms owned or controlled by the ...

Bloomberg Construction work on the Nord Stream 2 gas pipeline in the Baltic Sea will resume this week, despite US sanctions designed to end the pipeline that will bring Russian gas to Germany. Pipelaying on the 9.5 billion-euro ($11.2 billion) link will restart on December 5 after being halted for a year because of the sanctions, Nord Stream 2 company ...

Having spent the past four years with the political equivalent of heavy metal music blasting outside their psychic windows late into the night, millions of Americans are hoping that the Biden administration will usher in a new era of calm. They are likely to be disappointed. To a limited extent, such wishes will be granted. Under President Joe Biden, the ...