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, December 31, 2024
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: 803

Friday, December 27, 2024
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: 46946

Thursday, December 26, 2024
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: 6551

Monday, December 16, 2024
Energy

Tanker Rates Tumble on Key Route as China Cuts Crude Purchases

Spot rates for hauling crude on the largest vessels from the Middle East to China, a benchmark route, have sunk by a third this year as demand in the top

December 16, 2024
Total Views: 978

Thursday, December 12, 2024
Energy

Russia’s Rosneft Delays Arctic Mega Oil Project Due to Sanctions, Shortage of Oil Tankers

Russian Oil major Rosneft has delayed the commissioning of the Vostok Oil project until 2026, in part due to a shortage of ice-capable oil tankers as a result

December 12, 2024
Total Views: 1108

Energy

Rosneft, Reliance Agree Biggest Ever India-Russia Oil Supply Deal, Sources Say

Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever

December 12, 2024
Total Views: 722

Monday, December 9, 2024
Energy

Sanctioned Russia Oil Tanker Turns Back From Detour Around UK

A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it on a

December 9, 2024
Total Views: 4473

Monday, December 2, 2024
Energy

Iran’s Oil Trade With China Rattled by US Sanctions on Tankers

A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery of oil from the OPEC producer to

December 2, 2024
Total Views: 1399

Friday, November 29, 2024
Energy

Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow

China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than

November 29, 2024
Total Views: 2282

Monday, November 25, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Energy

Secret Russian Oil Switching Gets New Greek Hotspot After Drills

The secret switching of Russian fuel cargoes between tankers at sea has migrated to new hotspots off the coast of Greece after the European country used naval

November 25, 2024
Total Views: 2123

Energy

UK Imposes Biggest Sanctions Package on Russian ‘Shadow Fleet’

Britain is imposing the biggest sanctions package against Russia's shadow fleet, targeting 30 vessels, foreign minister David Lammy said on Monday, urging G7

November 25, 2024
Total Views: 841

Friday, November 22, 2024
Energy

Lights Dim at Giant Russian LNG Construction Facility as Energy Sanctions Bite

Activity appears to have slumped at Russia’s only construction yard for liquefied natural gas modules, another sign of how Western sanctions are thwarting

November 22, 2024
Total Views: 6742

Energy

Russia Resumes Ship-to-Ship LNG Transfers Ahead of EU Transshipment Ban

Transshipments of liquefied natural gas have resumed in Russia’s Arctic off Kildin Island near Murmansk. The restart comes around a month earlier than during

November 22, 2024
Total Views: 1881

Monday, November 18, 2024
Energy

France’s LNG Imports From Russia Hit Record With German Help

France’s imports of liquefied natural gas from Russia have surged to a record, aided by deliveries from a German state-owned energy firm. The nation so far

November 18, 2024
Total Views: 3012

Saturday, November 16, 2024
Energy

Trump Picks Oil Industry CEO Chris Wright As Energy Secretary

WASHINGTON, Nov 16 (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive Chris

November 16, 2024
Total Views: 1245

Wednesday, November 13, 2024
Energy

Biden Climate Official: Record Oil Production Powers U.S. Shift to Clean Energy

(Bloomberg) — Record oil and gas production under President Joe Biden has enabled the US to smoothly transition toward cleaner energy and fight climate

November 13, 2024
Total Views: 1370

Tuesday, November 12, 2024
Energy

Russian Oil Gets Flipped Between Tankers Near Spanish Exclave of Ceuta

A cargo of Russian oil appears to have been switched between ocean-going tankers near a Spanish exclave in north Africa, restoring a clandestine practice that

November 12, 2024
Total Views: 3005

Wednesday, November 6, 2024
Republican presidential nominee and former U.S. President Donald Trump gestures during a campaign event at Dorton Arena, in Raleigh, North Carolina
Energy

With Trump’s White House Return, Will Fossil Fuels Outshine the Renewable Boom?

Nov 6 (Reuters) – Donald Trump‘s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production

November 6, 2024
Total Views: 868

Monday, November 4, 2024
Energy

South Korea Weighs Buying More U.S. Energy If Trump Wins Election

By Sam Kim (Bloomberg) South Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and steps up pressure on trade

November 4, 2024
Total Views: 981

Monday, October 28, 2024
Energy

Chinese Power Plant Arrives at Sanctioned Russian Arctic LNG Project After Push Through Dangerous Sea Ice

By Malte Humpert (gCaptain) – Two Chinese heavy-lift vessels arrived off the coast of the sanctioned Russian Arctic LNG 2 project after a five-week journey

October 28, 2024
Total Views: 19282