Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country’s energy security and spark a wave of investment.The…
Brazil’s President Authorizes Offshore Wind Development Read More »
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow’s top customers, traders and analysts said.T…
New Sanctions Expected to Have Severe Consequences for Russia Read More »
Product tanker giant plans to refinance existing notes due to mature in June
Scorpio Tankers joins Oslo bond market run with investor meetings set Read More »
A pipeline malfunction has forced BP, the UK-headquartered energy giant, to temporarily stop production from a platform at one of the world’s largest gas-condensate fields and the company’s largest gas discovery ever.
The post BP shuts down production…
Global seaborne crude oil loadings were mostly flat during 2024. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6% y-o-y, things got quieter in 2024. In Jan-Dec 20…
Tankers: Flat US Crude Oil Exports Underscore Modest 2024 Read More »