Satellite images confirm the burning Sounion’s new location, 81 km offshore Eritrea in the Red Sea following a delicate towing operation over the weekend. The Delta Tankers vessel remains on fire, according to images sent […]
Sept 17 (Reuters) – The Indian government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from Sept. 18, a notification issued on Tuesday showed. The Indian […]
Oil prices have fallen dramatically in recent weeks, but supply disruptions and optimism around a potential U.S. interest rate cut appear to have halted that downward momentum. – The marked shift in oil sentiment recently […]
Sept 17 (Reuters) – Oil prices held steady on Tuesday in choppy trade as the focus turned to the U.S. Federal Reserve’s policy meeting that concludes on Wednesday, while fears of weaker demand in China […]
Revisionist powers like to use international law as a weapon. Now the West is thinking creatively, too—to uphold the order, not break it. Small European states, such as Denmark, face daily the threat of an […]
Salvagers successfully towed a Greek-flagged oil tanker that had been ablaze for weeks following attacks by Yemen’s Houthi rebels to a secure area, preventing any oil spill, the European Union naval mission said yesterday. The […]
The Russian oil price cap is expected to make headlines in the coming weeks as oil prices approach the moment where shipowners from across the world can make the decision whether to legitimately carry oil […]
Kamala’s slick debate stance on fracking and oil has experts questioning whether her administration has really shifted its position on energy. Kamala Harris’ seemingly slick stance on the debate stage around fracking and oil production […]
There are several critical questions facing oil and gas investors today. The two we see most often are 1: oil is going to fade away as we are near peak oil demand. And 2: Will […]
Scotland’s only oil refinery is to close by the summer of next year, with the loss of 400 jobs. Petroineos said the closure of Grangemouth was due to it being unable to compete with sites […]
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