Russia shipping in rare fuel cargo from Turkey after Ukrainian refinery strikes
Cargo also coming from Asia as traditional exporter finds roles reversed
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Post-War Gulf Faces Push for Alternative Export Routes
Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports, leaving Gulf governments with a clear strategic imperative: diversify – at all costs.An Iranian blockade…
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Sanctioned tanker hit in Ukrainian Black Sea drone attack
Damage to blacklisted aframax not known despite claims it was sunk
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Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return
Oil prices fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran’s oil, boosting the oil supply outlook.Brent crude fu…
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Vår Energi on portfolio reshaping spree: $460M acquisitions, swaps and divestments
Norwegian oil and gas player Vår Energi has embarked on a mission to high-grade its portfolio on the Norwegian Continental Shelf (NCS) to strengthen long-term value creation through deals that encompass the acquisition of Pandion Energy’s portfolio, a …
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