News

By Ewa Krukowska (Bloomberg) European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal

By Sharon Cho (Bloomberg) –Top trader Vitol Group is still buying “very modest” volumes of Russian oil products and is studying whether the company

By Debjit Chakraborty (Bloomberg) India’s oil refiners are looking to pick up a bit more Russian crude in last-minute purchases just weeks before new

by Sophie Yu (Reuters) China’s exports to North Korea surged in 46.3% October from a month earlier, with foodstuffs including rice and sugar among the

By Poppy McPherson (Reuters) – U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region,

By Trevor Hunnicutt (Reuters) U.S. Vice President Kamala Harris arrives in the Philippines on Sunday for talks aimed at reviving ties with Washington’s

Some critics say the Jones Act is to blame for higher gasoline prices in regions of the United States not serviced by pipelines. By Chunzi Xu (Bloomberg)

by Maytaal Angel (Reuters)– Food imports costs across the world are on course to hit a near $2 trillion record in 2022, piling pressure on the

KYIV, Nov 6 (Reuters) – Ukraine’s army accused Russia on Sunday of the large-scale destruction of civilian vessels moored on the banks of the

By Angelo Amante and Alvise Armellini ROME (Reuters) – A row escalated on Friday over who should take care of migrants rescued by charity groups off

By Pavel Polityuk (Reuters) – The European Union on Sunday called on Russia to reverse its decision to pull out of a U.N.-brokered grain deal, a move

Guy Faulconbridge (Reuters) Russia on Saturday suspended participation in a U.N.-brokered Black Sea grain deal after what it said was a major Ukrainian drone

by Kirsten Donovan (Reuters) Russia ramped up seaborne Urals oil exports to Asia to 50% of the total over the Oct. 1-20 period ahead of a December EU embargo

By Petra Sorge (Bloomberg) Germany’s first and only private Floating Storage Regasification Unit in Lubmin is fully booked for years ahead and is

During their last quarterly update Overseas Tanker Corp ($OSG) discussed the growth of a new cargo segment for oil tankers: renewable diesel. Could chemical

By Saleha Mohsin (Bloomberg) US officials have been forced to scale back a plan to impose a cap on Russian oil prices, following skepticism by investors and

By Elizabeth Low (Bloomberg) A fleet of tankers filled with Russian fuel oil have anchored near Singapore and Malaysia as more flows are directed toward Asia

by John Konrad (gCaptain) Yesteray – on the heels of China President Xi’s consolidation of power, nuclear warnings from Russia, and droughts

By Jen Skerritt (Bloomberg) A key Canadian shipping corridor is the latest waterway struggling with dwindling water levels. Parts of the St. Lawrence River

by Karen Lema (Reuters) A lawmaker in the Philippines has reintroduced legislation to prevent maritime and airspace encroachment by Chinese vessels, by