Petrobras will invest around $102 billion within the 2024-2028 period, the firm’s new strategic plan showed on Thursday.The plan, the first released by the oil giant since CEO Jean Paul Prates took the helm of the company, includes investments in a ran…
Petrobras to Invest $102 Billion in Next Five Years Read More »
Eni will invest $10 billion in the development of the Baleine field offshore Ivory Coast, which will take place in three phases from 2023 to 2027, Energy Minister Mamadou Sangafowa Coulibaly said on Thursday.The Baleine field, where certified reserves …
Eni to Invest $10 Billion in Ivory Coast Baleine Field Read More »
The panamax market has been on a rally over the past few days. In its latest weekly report, shipbroker Xclusiv said that “on Friday 17th November 2023, BPI hit 1,874 points and the weighted average of the 5 T/C routes reached USD 16,868. The Panamax in…
Panamaxes Ride Wave to 11-month High Read More »
When managing freight, diversity is a characteristic that businesses should look to instil in their supply chains. Freight diversification is a strategy that shippers use that involves multiple modes of transportation, carriers and routes to get their …
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electricity produced using renewable energy rose. Also slowed economic activity and high energy prices affected e…
Coal shipments to advanced economies down 17% so far in 2023 Read More »