Despite challenging overall conditions, the ship recycling markets remained firm, with a clear edge from Bangladeshi recyclers. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian local mar…
Ship Recycling Markets Remain Firm With Bangladesh Leading Read More »
Alternative fuels more attractive now as oil shoots higher The Middle East conflict and blockade of the Strait of Hormuz have disrupted oil supply and pushed shipping fuel prices, like marine gas oil (MGO), sharply higher. In this environment, fuel str…
Hormuz oil shock tilts shipping towards alternative fuels Read More »
On 11 May, Al Kharaitiyat broke through Hormuz, heading for Port Qasim — the first Qatari LNGC to test supply resumption. The Q-flex LNGC loaded the cargo at Qatar’s Ras Laffan, igniting the discussions over supply resumption through the Strait of Horm…
Hormuz LNG breakthrough: Four LNGCs eye the exit Read More »
Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two years, analytics firm Enverus said on Wednesday.Shale producer Devon and smaller rival Coterra…
Upstream Oil, Gas Dealmaking in the US Hits Two-Year High Read More »
Louisiana lawmaker says waiving cabotage law hurts American jobs without lowering fuel prices
Republican senator speaks out against Trump’s Jones Act waiver Read More »