Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters.The country faces spending up to $3 bi…
Egypt In Talks to Buy LNG Cargoes Amidst Energy Crunch Read More »
China and the Philippines traded accusations on Thursday following a confrontation between two of their vessels in contested waters of the South China Sea, the latest incident in a long-running maritime standoff in the strategic waterway.The…
China, Philippines Blame Each Other for South China Sea Confrontation Read More »
Hungarian oil and gas group MOL and state-owned energy company MVM will jointly charter tankers to ship up to 160,000 metric tons of crude oil a year from Azerbaijan to further diversify energy supply for Hungary and Slovakia, MOL said on Thursday.The …
MOL, MVM to Jointly Charter Oil From Azerbaijan to Central Europe Read More »
Poland is looking into whether any explosive devices were planted where a ship from Russia’s “shadow fleet” was seen moving suspiciously near a power cable linking Poland with Sweden on Wednesday, Polish Prime Minister Donald Tusk said.NATO…
Poland Checking For Explosives Near Subsea Cable After Suspicious Russian Activity Read More »
Lloyd’s Register (LR) and HD Hyundai MIPO Dockyard (HMD) have signed a Memorandum of Understanding (MoU) to collaborate on advancing digital manufacturing for Type C tanks.The MoU sets out a joint commitment to develop and verify a streamlined…