Oil prices fell below $60 a barrel on Tuesday, the lowest since May, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations sanctions could be eased.Brent crude futures fell $1.03, or around 1.7%, to $59.53 a barrel a…
Oil Prices Fall to Lowest Since May Ahead of Possible Russia-Ukraine Peace Deal Read More »
Italian shipbuilder Fincantieri on Tuesday set a goal of a 40% rise in revenues and a near doubling of core profits in its new five-year plan, expanding to the defence and underwater businesses while keeping its leadership on cruise ships.The 2026-2030…
Fincantieri Targets 40% Revenue Growth by 2030 with Five-Year Plan Read More »
Venezuela’s state-run company PDVSA is dealing with stuck oil cargoes, rising price discounts and demands from customers to change terms of spot contracts following the U.S. seizure of a ship carrying the OPEC country’s crude, traders and sources…
PDVSA Faces Stuck Cargos, Rising Discounts, and Contract Change Demands Read More »
Italy’s government has asked parliament to approve a 2.4-billion-euro ($2.82 billion) investment over 15 years for the maintenance and modernisation of its frigate fleet, a parliamentary document seen by Reuters showed.The plan comes as Italy…
Italy Approves 2.4b Euro Investment in Frigates Read More »
Static structures would connect up to four FSUs that will
ST LNG files export permit application in US for offshore project Read More »