Mike Sabel, CEO of Venture Global, said that the company has the largest amount of LNG cargoes in the world that are not contracted and is prepared to stabilize global markets when Qatar stops production due to attacks by Iran.Qatari LNG production equ…
Venture Global is ready to meet the LNG shortage as Qatar stops production Read More »
Refiners in China, the world’s top oil importer, have enough supply on hand to weather near-term disruption from the Iran conflict, bolstered by recent record purchases of Iranian and Russian crude and robust government stockpiling, traders said.A prol…
China Oil Refiners Feel Safe From Iran Conflict Disruption with Crude Stockpile Read More »
World sugar prices headed higher on Monday on fears the U.S.-Israel war against Iran, which is disrupting global energy supplies, will prompt Brazilian cane mills to produce more ethanol and less sugar.Ethanol is a cane-based biofuel.
Sugar Prices Rise Ahead of Iran War Fears Read More »
At least 25 ships from seven German maritime companies, including two cruise ships carrying about 7,000 passengers, are stranded in Gulf waters and cannot leave through the Strait of Hormuz for security reasons, Germany’s shipowners’ association VDR sa…
Twenty Five Ships From Seven German Companies Stranded in Strait of Hormuz Read More »
Last month, Hydrex carried out an underwater bow thruster operation on a ferry in Stockholm, in the middle of winter. The operation was scheduled to take place during a planned break in the ferry’s timetable, allowing Hydrex to work without…
Hydrex Replaces Underwater Bow Thruster on Stockholm Ferry Read More »