G7 energy ministers stopped short of agreeing on a release of strategic oil reserves on Tuesday and instead asked the International Energy Agency to assess the situation before acting.The IEA said it was convening an extraordinary meeting of…
G7 Holds Off on Oil Reserve Release, Requests IEA Study Read More »
Three vessels have been hit by unknown projectiles in the Strait of Hormuz, maritime security agencies and sources said on Wednesday, as one of the strikes led to a fire onboard a ship and forced most of its crew to evacuate it.The Thailand…
Projectiles Strike Three Vessels in Strait of Hormuz Read More »
The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years – first with Russia’s invasion of Ukraine and now with the U.S.-Israeli war on Iran – undermining U.S. President Donald Trump’s flagship…
Iran War Exposes Risks of Fossil Fuel Dependence Read More »
The Trump administration’s second sale of oil and gas leases in the Gulf of Mexico in three months attracted far less industry interest than the auction it held in December, according to a sale document posted on a government website on Tuesday.The sal…
Gulf of Mexico Auction Yields Far Fewer Bids Than First Trump Sale Read More »
Scandlines has put its new ferry, The Baltic Whale, into service on the Rødby-Puttgarden route from Denmark to Germany.The ferry marks an important step towards the company’s long-term goal of sailing without direct emissions by 2040 and strengthening …
The Baltic Whale Enters Operation Read More »