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.


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: 6549

Monday, December 16, 2024
Tanker Rates Tumble on Key Route as China Cuts Crude Purchases
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: 969

Thursday, December 12, 2024
Russia’s Rosneft Delays Arctic Mega Oil Project Due to Sanctions, Shortage of Oil Tankers
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: 1106

Rosneft, Reliance Agree Biggest Ever India-Russia Oil Supply Deal, Sources Say
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: 718

Monday, December 9, 2024
oil tanker at sea
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: 4470

Monday, December 2, 2024
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong
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: 1396

Friday, November 29, 2024
iranian crude supertanker
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: 2281

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: 2121

ship to ship
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: 838

Friday, November 22, 2024
Arctic LNG 2 employee overlooking the Belokamenka construction yard. (Source: Novatek)
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: 6741

Russia Resumes Ship-to-Ship LNG Transfers Ahead of EU Transshipment Ban
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: 1880

Monday, November 18, 2024
LNG carrier at dusk
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: 3006

Saturday, November 16, 2024
Liberty Oilfield Services Inc. CEO Chris Wright, New York, January 12, 2018. REUTERS/Lucas Jackson
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: 1244

Wednesday, November 13, 2024
U.S. President Joe Biden speaks during his visit in Philly Shipyard in Philadelphia, Pennsylvania, U.S., July 20, 2023. REUTERS/Evelyn Hockstein
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: 1368

Tuesday, November 12, 2024
A crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay. REUTERS/Tatiana Meel
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: 3003

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: 866

Monday, November 4, 2024
Tankers at a terminal at night
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: 978

Monday, October 28, 2024
LNG module Arctic
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: 19280

Friday, October 25, 2024
Arctic LNG 2 employee overlooking the Belokamenka construction yard. (Source: Novatek)
Energy

U.S. Sanctions Force Temporary Shutdown of Russia’s Arctic LNG 2 Project

By Malte Humpert (gCaptain) – Western sanctions appear to have forced the shutdown of Russia’s flagship liquefied gas project, Arctic LNG 2, for the winter

October 25, 2024
Total Views: 8865

Tuesday, September 17, 2024
Energy

Carbon Negative Energy – Woodland Biofuels Invests $1.35 Billion in Louisiana for Negative Carbon Facility

Toronto-based Woodland Biofuels has unveiled plans for a groundbreaking $1.35 billion investment at the Port of South Louisiana. The project aims to establish

September 17, 2024
Total Views: 2255