Rates jump for those prepared to take on cargoes inside the Strait of Hormuz
Gulf VLCC rates hit record $800,000 per day amid robust spot activity, Clarksons says Read More »
Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation, the Persian Gulf Strait Authority wrote in a post on X.The warning heightens ris…
Iran Tightens Enforcement of Strait of Hormuz Transit Rules Read More »
Houthis suspected of being behind VLCC strike off Yanbu
Fire hits Bahri tanker after attack off key Red Sea oil hub Read More »
Senior officers knew nothing about hidden drugs on board the ship, says human rights group
The North Sea may be a mature oil and gas basin, but it is still yielding more discoveries, as highlighted by two Norwegian energy companies, Equinor and Aker BP, which have struck gas/condensate on the Norwegian Continental Shelf (NCS), underscoring t…
New gas/condensate discovery adds to North Sea’s hydrocarbon riches Read More »