Oil prices jumped more than 6% in early Monday trading on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted.Brent crud…
Oil Jumps 6% on US-Iran Ceasefire Concerns Read More »
Tsakos Energy Navigation aframax tanker loads oil trucked overland from Iraq to Syria
Greek tanker involved in pioneering attempt to beat Strait of Hormuz shut-in Read More »
Norway’s oil and gas company OKEA has struck a deal with Japex Norge, a Norwegian subsidiary of Japan Petroleum Exploration (JAPEX), to divest its interest in an offshore gas/condensate discovery on the Norwegian Continental Shelf (NCS).
The post OKEA…
OKEA sheds its stake in Norwegian gas/condensate discovery Read More »
Officials accelerated plans for the scheme after G7 sanctions affected subcontinent’s oil imports
India plans state-backed rival to Western-dominated P&I clubs Read More »
Reliance refuses to buy Iranian oil ahead of Sunday expiry
Indian refiner knocks back Iranian cargoes on two VLCCs as US waiver ends Read More »