Strait of Hormuz Traffic Sank To Just Six Vessels Monday
Vessel traffic at the Strait of Hormuz continues to decline as last week’s hopes of negotiations of a U.S.-Iran deal began to fade, yet again. …
Read Full ArticleArmenia-Azerbaijan Peace Plan Stalls One Year After Washington Breakthrough
One year after the signing of a provisional peace deal in Washington, DC, American, Armenian, and Azerbaijani officials continue to exude optimism about the potential …
Read Full ArticleChina's Coal-to-Gas Industry Set to Triple by 2030, Rystad Says
As nations race to cut import exposure to geopolitical tensions, China is building the world’s only large-scale coal-to-gas (CTG) industry as a strategic buffer against …
Read Full ArticleIran Says Hormuz Will Stay Closed Until U.S. Meets Its Conditions
Iran said Tuesday that the Strait of Hormuz will remain closed unless the United States ends the war and meets Tehran’s conditions, raising the bar …
Read Full ArticleGold Nears Two-Month High Ahead of Wednesday's CPI Report
Gold pushed toward $4,450 an ounce Tuesday, its best level in about two months, as a stalled U.S.-Iran deal to reopen the Strait of Hormuz …
Read Full ArticleRussian Crude Exports Drop to Lowest Since May
Russia’s seaborne crude exports fell to their lowest level since May as recovering refinery runs pulled barrels back into domestic processing and attacks disrupted loading …
Read Full ArticleIEA Numbers Point to a Two-Speed Recovery in Global Fuel Prices
Five months after the U.S. and Israel opened a war with Iran, global fuel markets still haven't settled down, and the latest IEA data prove …
Read Full ArticleFrance's Power Prices Jump 22% as Heatwave Trims Nuclear Output
The new heatwave in France is curbing nuclear power generation in Europe's biggest nuclear electricity supplier and leading to spiking day-ahead power prices. France's day-ahead …
Read Full ArticleBrent Could Hit $100 as Hormuz Crisis Flares Again
Hormuz tensions are flaring again as Iranian exports collapse, pushing Brent toward $87 and raising the risk of another run toward $100. China’s Crude Drawdown …
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Santos completes first crude oil loading from Alaska’s Pikka phase 1
Santos has completed the first loading of crude oil cargo from the Pikka phase 1 development located on Alaska’s North Slope, marking the start of …
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SBM Offshore selects Siemens Energy for Brazil Sergipe-Alagoas FPSOs
Siemens Energy has been chosen by SBM Offshore to provide power generation and gas compression systems for Petrobras’ platforms in Brazil’s Sergipe-Alagoas basin.
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Oman confirms oil spill from grounded tanker spreads across 400km²
A crude oil spill from the grounded tanker Caroline Bezengi has spread across almost 400km2 off Oman’s coast, according to Omani government.
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