Wave-Op, a joint venture between the Legendre Group and Geps Techno dedicated to innovation in coastal and port infrastructure, is progressing the construction of its first full-scale demonstrator for what it describes as a unique wave-powered system, …
Construction continues for French full-scale wave energy demonstrator Read More »
Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday.The world’s third-biggest oil importer and consumer, India has not received a cargo fro…
India Resumes Iranian Oil Imports After Seven-Year Hiatus Read More »
Five European Union countries are calling for a windfall tax on energy companies’ profits in reaction to rising fuel prices due to the Iran war, according to a letter from finance ministers to the EU Commission seen by Reuters on Saturday.The finance m…
Five EU States Press for Windfall Tax on Energy Firms as Prices Surge Read More »
Oil prices were little changed in choppy trade on Monday, as investors awaited clarity on the status of talks between the U.S. and Iran even as they remained wary about sustained supply losses due to shipping disruptions.Brent crude futures LCOc1 rose …
Oil Holds Steady as Supply Risks from War Persist Read More »
Fresh panamax pair reportedly changes hands at firm market-aligned levels
Seacon-linked bulker pair fetches firm prices in S&P market, say brokers Read More »