Chinese buyers are fueling a sharp rise in demand for vintage very large crude carriers (VLCCs), with 81% of their acquisitions in this class involving vessels more than 15 years old over the last five years. This trend reflects structural changes in g…
Chinese buyers fueling 30% boom in vintage VLCC values Read More »
Brazil’s President Luiz Inacio Lula da Silva said on Tuesday that environmental agency Ibama should be satisfied with the results of an emergency drill done by state-run oil firm Petrobras in the country’s Foz do Amazonas basin, ahead of Ibama’s…
Petrobras Completes Test in Offshore Oil Area Ahead of Environmental Assessment Read More »
In Norway, made rich by oil and gas, the idea of shutting fields sends chills, but that is exactly what the small Green Party is pushing as a global switch away from fossil fuels looms.And it’s a demand with greater meaning after Monday’s election…
Green Party Norway Pushes Oil Phaseout Read More »
Other Republican lawmakers address cyber security of Chinese port equipment
US senator proposes task force to prep sanctions against China to protect Taiwan Read More »
Bahrain has sponsored deep-sea mining firm Impossible Metals’ application for a mining permit with the International Seabed Authority, becoming the first Middle Eastern country to throw its support behind the fledgling industry as part of an…
Bahrain Sponsors Impossible Metals Deep Sea Mining Permit Application Read More »