Congratulations to the Monterosso Polo Team on a well-earned victory! It’s wonderful to see your hard work, dedication, and teamwork rewarded. Wishing the entire team many more great moments together…
The Sabratha Compression Project is a major offshore gas infrastructure development in Libya jointly executed by Italian energy group Eni and Libya’s National Oil Corporation (NOC) through their Mellitah Oil…
Suezmax tanker rates are surging powerfully, with vessel owners holding massive pricing leverage. A combination of thin global vessel supply and a flurry of open cargoes in the Middle East…
The Swedish maritime investment company BlueYield has significantly altered its portfolio by increasing its exposure to dry bulk and offshore shipping while heavily cutting its exposure to tanker and container…
Venezuela’s debt to China is a major hurdle that complicates the restructuring of its estimated $150 billion to $200 billion total external debt. While China holds a relatively small portion…
During the 2026 Strait of Hormuz crisis, Very Large Crude Carrier (VLCC) freight rates famously defied gravity by skyrocketing to historic peaks of $400,000 to $500,000 per day—and later stabilizing…
The first seasonal Russian liquefied natural gas (LNG) shipment of the 2026 sailing season via the Northern Sea Route (NSR) arrived at the Kamchatka Peninsula on Thursday, 11 June 2026.The…
The Dangote Petroleum Refinery has officially crossed a major operational threshold, processing 700,000 barrels per day (bpd) during performance testing. By outperforming its initial 650,000 bpd design capacity and breaking…
The Union of Greek Shipowners (UGS) has strongly rejected any possibility of paying transit fees to navigate the Strait of Hormuz, stating there are no circumstances under which commercial shipping…
Eni final investment decision (FID) for Baleine Phase 3 marks a massive $4 billion expansion that will triple Côte d’Ivoire’s oil production capacity and position the nation as a premier…