Oil prices steadied on the first day of trade in 2026 after registering their biggest annual loss since 2020 as investors weighed oversupply concerns against geopolitical risks including the war in Ukraine and Venezuela exports.Brent crude futures…
Following Big Loss in 2025, Oil Steadies Read More »
On Friday, January 2, 2026, Orsted said it was challenging the U.S. government’s suspension of the lease for its Revolution Wind joint venture and would seek a court injunction against the decision to halt its $5 billion offshore wind project.The…
See You in Court: Orsted Challenges Halt on $5B Offshore Wind Project Read More »
DHT Holdings, Inc. has taken delivery of a VLCC newbuilding from Hanwha Ocean Co., Ltd. The vessel is named DHT Antelope and is entering the spot market. It is the first of a series of four VLCC newbuildings to be delivered to the company during the fi…
Shipbuilding: DHT Accepts New VLCC Read More »
Just four places up for grabs on bunker industry association’s board
IBIA lines up 11 candidates for board elections as spotlight falls on marine fuelling Read More »
Given that the number of players engaged in high-impact (HI) oil and gas exploration operations has been cut in half since 2014, Westwood Global Energy, an energy market research and consultancy firm, has warned about the uncertainty surrounding new hy…