Iran has raised the stakes over the Strait of Hormuz, saying the critical waterway will remain closed until the United States ends the war and unfreezes Iranian funds held overseas.Mohsen…
AlessandroAugust 13, 2026
While A&S Resources Ltd is frequently linked to the region's broader mega-iron ore push, its actual project is located across the northern border in the Central African Republic (CAR), not…
AlessandroAugust 3, 2026
Energy majors TotalEnergies and Eni have officially taken the Final Investment Decision (FID) to develop the deep-water Cronos gas field offshore Cyprus. This milestone marks Cyprus' very first commercial gas…
AlessandroJuly 28, 2026
Development in the Albertine Graben is split into two massive upstream extraction projects feeding into a shared downstream transport network:The Tilenga Project: Operated by TotalEnergies in the Buliisa and Nwoya…
AlessandroJuly 27, 2026
An armada of Very Large Crude Carriers (VLCCs) fleeing intensifying conflict in the Middle East has flooded Atlantic basin trade lanes, completely overwhelming Western exporters. According to shipping broker Braemar,…
AlessandroJuly 23, 2026
Italian energy giant Eni is significantly restructuring its operations in Nigeria as of July 2026, pivoting away from onshore assets to focus strictly on multi-billion dollar deepwater oil and gas…
AlessandroJuly 21, 2026
Aframax crude tanker freight rates have spiked drastically, driven by a massive injection of cargo demand in the Atlantic basin. According to the latest data from Clarksons, average spot earnings…
AlessandroJuly 20, 2026
Greece has blocked the European Union's 21st sanctions package against Russia to protect Dynagas, a domestic shipping company owned by billionaire shipowner George Prokopiou.The Core ConflictThe proposed EU measures aim…
AlessandroJuly 17, 2026
Falling Russian fuel exports are driving product tanker rates upward as international markets scramble to find alternative fuel sources, creating longer shipping routes and higher freight demand. This supply crunch…
AlessandroJuly 6, 2026