The U.S. Department of Energy is exploring a plan to exchange heavy Venezuelan oil for U.S. medium, sour crude to fill up the Strategic Petroleum Reserve, two sources said on Friday.The Trump administration is looking to move the Venezuelan…
US Explores Plan to Swap Venezuelan Oil for Crude to Fill Emergency Reserve Read More »
Italy’s Prime Minister Giorgia Meloni urged NATO on Friday to develop “a coordinated presence” in the Arctic region to prevent tensions and respond to “interference by other actors”, amid escalating tensions among Western allies over Greenland.In…
Italy Urges NATO to Step In as Greenland Tensions Escalate Read More »
Greece plans to extend its territorial waters further, including potentially in the Aegean Sea, Foreign Minister George Gerapetritis said on Friday, despite Turkey’s long-standing threat of war should Athens take such a step.The NATO allies…
Greece Plans Extension of Territorial Waters Despite Warning from Turkiye Read More »
The world’s first global treaty to protect ocean life in international waters enters into force on January 17, 2026, bringing into effect legally-binding rules for the sustainable use and management of marine resources in the high seas. Formally…
IMO Welcomes First Global Marine Biology Treaty in International Waters Read More »
Global shipping company Diana Shipping plans to launch a proxy fight to replace rival Genco Shipping & Trading’s six current directors, making its decision just days after the board rejected Diana’s takeover offer, two people familiar with the matter s…
Diana Shipping Plans Proxy Fight at Genco Read More »