Energy

Dive into the dynamic relationship between energy, trade, and the maritime industry. Discover insights on offshore drilling, the role of oil tankers, cutting-edge renewable energy projects, and how fluctuations in energy markets influence global shipping and logistics.


Tuesday, January 28, 2025
Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia
Energy

Russia Oil Trade to China, India Stalls as Sanctions Drive Up Shipping Costs

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering

January 28, 2025
Total Views: 1084

Friday, January 24, 2025
Japan’s JERA Plans to Expand US LNG Purchases to Diversify Energy Supply
Energy

Japan’s JERA Plans to Expand US LNG Purchases to Diversify Energy Supply

Japan's biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand

January 24, 2025
Total Views: 531

Thursday, January 23, 2025
Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage
Energy

Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions

January 23, 2025
Total Views: 593

Wednesday, January 22, 2025
A crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay. REUTERS/Tatiana Meel
Energy

Oil Tankers Reroute to Russian Pacific Port Hobbled by Sanctions

Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been

January 22, 2025
Total Views: 1200

Thursday, January 16, 2025
crude oil import terminal vlcc tanker china
Energy

Tanker Under US Sanctions Discharges Oil at Chinese Port, LSEG Data Shows

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China, shipping data on LSEG Eikon

January 16, 2025
Total Views: 1404

Wednesday, January 15, 2025
Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions
Energy

Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions

The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being caught up in the

January 15, 2025
Total Views: 3536

Monday, January 13, 2025
Russia Says New US Energy Sanctions Will Destabilize Global Markets
Energy

Russia Says New US Energy Sanctions Will Destabilize Global Markets

The Kremlin said on Monday that the latest round of U.S. sanctions on the Russian energy sector risked destabilizing global markets, and Moscow would do

January 13, 2025
Total Views: 787

Saturday, January 11, 2025
The last section of pipeline is assembled on the Trans Mountain pipeline expansion project before operations are expected to begin in the second quarter of 2024, near Laidlaw, British Columbia, Canada, February 18, 2024. REUTERS/Chris Helgren/File Photo
Energy

Enbridge Preps Pipeline Buildout For Trump-Driven Drilling Boom

By Kevin Orland Jan 11, 2025 (Bloomberg) –Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming

January 11, 2025
Total Views: 1757

Russian-flagged oil tanker Pegas docked in Greece.Picture taken January 16, 2022. REUTERS/Yoruk Isik
Energy

Russia Says It Will Continue Oil And Gas Projects Despite US Sanctions

MOSCOW, Jan 11 (Reuters) – Russia’s Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow’s

January 11, 2025
Total Views: 1087

Friday, January 10, 2025
Supertanker Ceres I detained in Malaysia
Energy

US Ramps Up Pressure on Russia With Fresh Energy Sanctions

The US imposed its most aggressive sanctions on Russia’s oil industry yet as the Biden administration looks for last-minute ways to boost Ukraine’s

January 10, 2025
Total Views: 586

U.S. Blocks More Than 180 Vessels, Oil Traders and Companies In Sweeping New Sanctions Against Russia
Energy

U.S. Blocks More Than 180 Vessels, Oil Traders and Companies In Sweeping New Sanctions Against Russia

In an unprecedented move targeting Russia’s energy sector the U.S. Department of the Treasury announced sanctions against more than 180 vessels, dozens of

January 10, 2025
Total Views: 1862

Germany’s Costly LNG Terminals Aren’t Paying Off as Imports Dip
Energy

Germany’s Costly LNG Terminals Aren’t Paying Off as Imports Dip

Germany spent big on liquefied natural gas terminals to ensure energy security, but the high cost of using them means they’re bringing in a tiny fraction of

January 10, 2025
Total Views: 1717

Wednesday, January 8, 2025
sovcomflot tanker in sea ice
Energy

Russia’s Crude Shipments Tumble to the Lowest in 16 Months

Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since an October peak to 540,000

January 8, 2025
Total Views: 1264

Monday, January 6, 2025
ship to ship
Energy

US Plans More Sanctions on Tankers Carrying Russian oil, Sources Say

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying

January 6, 2025
Total Views: 566

Saturday, January 4, 2025
offshore oil rig
Energy

Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of

January 4, 2025
Total Views: 1304

Thursday, January 2, 2025
cameron lng ship facility
Energy

U.S. LNG Exports Soar in December, Lifting Full-Year Growth by 4.5%

U.S. LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and driving up full-year

January 2, 2025
Total Views: 861

An offshore oil rig is pictured off the coast of Huntington Beach, California, U.S., November 14, 2024
Energy

Biden to Block More Offshore Oil Drilling Before Trump Arrives

President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in

January 2, 2025
Total Views: 1956

Tuesday, December 31, 2024
Aerial of Liquified Natural Gas LNG carrier moored to a small gas terminal
Energy

LNG Exports Grow at Slowest Pace Since 2015, Data Show

By Sing Yee Ong Dec 31, 2024 (Bloomberg) –Global liquefied natural gas exports grew at the slowest pace since 2015, threatening to keep prices elevated

December 31, 2024
Total Views: 823

Friday, December 27, 2024
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
Energy

First Supertanker to Be Scrapped in Two Years Is a Dark Ship

The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker to be registered for demolition in more than two

December 27, 2024
Total Views: 47038

Thursday, December 26, 2024
Russia’s First Domestically Built LNG Carrier Begins Sea Trials, Poised to Strengthen Arctic ‘Shadow Fleet’
Energy

Russia’s First Domestically Built LNG Carrier Begins Sea Trials, Poised to Strengthen Arctic ‘Shadow Fleet’

In a significant step to expand Russia’s domestic shipbuilding portfolio the Zvezda shipyard has completed work on its first LNG vessel. Ice-capable gas

December 26, 2024
Total Views: 6678