Shell has suffered a major setback in its plans to explore for oil and gas off South Africa’s Wild Coast after the Constitutional Court overturned a Supreme Court of Appeal…
AlessandroAugust 18, 2026
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
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
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…
AlessandroJune 26, 2026
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…
AlessandroJune 6, 2026
Universal or official policy announcement has been made by the Russian government mandating that all future oil and gas deals with Europe must be priced in Russian Rubles and Chinese…
AlessandroJune 1, 2026
Namibia is projected to produce 400,000 to 500,000 barrels per day (bpd) of oil by the mid-2030s, fueled by massive offshore discoveries in the Orange Basin. Experts suggest this volume…
AlessandroMay 8, 2026
Gabon is finalising a deal with BP to formalise oil and gas exploration in its offshore Atlantic waters.Gabon's Oil and Gas Minister, Clotaire Kondja, announced on 22 April 2026 that…
AlessandroApril 23, 2026
the Namibian government has officially commenced a technical and policy review of the Field Development Plan (FDP) submitted by TotalEnergies for the Venus oil project. This review is the final…
AlessandroApril 4, 2026