Norway’s state-owned energy giant Equinor and its partners – Petoro, Shell, TotalEnergies, and ConocoPhillips – have set their cap on investing just over NOK 4 billion (around $410–420 million) in a new subsea development, which will boost gas producti…
Up to $420 million investment in North Sea subsea project unleashing more European gas Read More »
Three Saudi Arabian VLCCs exit Strait of Hormuz for first time since war began
Shipping giants Bahri and Cosco move tankers out of Gulf with AIS signals on Read More »
Oil prices rose on Friday as the prospect of a lasting truce between the U.S. and Iran was clouded after peace talks in Switzerland were called off and as Israel stepped up attacks on Lebanon.By 0645 GMT, Brent crude futures LCOc1 gained 51 cents, or 0…
Oil Edges Higher as Uncertainty Clouds US-Iran Truce Read More »
Greek Shipping Cooperation Committee also backs the scrapping of sanctioned vessels
London Greeks warn of overtonnaged fleet after newbuildings surge Read More »
The Wuhan-based shipping company has ordered two newbuildings at Jiangsu Haitong Offshore
Chinese shipowner Changhang Freight breaks into kamsarmax bulker arena Read More »