Bloomberg For almost three years, the oil industry has been puzzling over how to supply merchant ships with fuel that will meet tough new environmental standards. Turns out part of the solution was sitting in the ground and under ocean floors all the while: crude oil. Oil from off the UK’s coast, which requires blending — but no refining — …

Bloomberg Australia and Japan signed a cooperation agreement to explore ways to develop carbon recycling technologies, Australia’s Resources Minister Matt Canavan said Wednesday. The nations will facilitate cooperation on research into ways to use carbon dioxide as a key ingredient in manufacturing products such as carbon fiber or for use in construction and agriculture. “Successfully using carbon dioxide as a …

Bloomberg Nigerian prosecutors are seeking information about funds sent to a government lawyer that were sent through Allied Irish Banks Plc, broadening an international legal dispute between the African country and a company claiming $9.6 billion for a failed contract. Nigeria is embroiled in a fight with Process & Industrial Developments over a failed 2010 deal to develop a gas …