Headline trading on the forward freight agreement markets and uncertainty on the physical voyage charter sector were the first impacts on the Americas tanker markets from Russia’s military invasion of Ukraine. Since the level of […]
Prior to the Fukushima disaster, nuclear power accounted for almost 30% of Japan’s energy mix, though it has since dropped to just 6.2% Japan is looking to reboot its nuclear industry, seeing it as a […]
Ukraine and Russia are essential suppliers of raw materials and energy for many crucial supply chains.The war in Ukraine is threatening further disruption to already stretched supply chains. Ukraine and Russia may only account for […]
In November 2017, the US, Australia, India and Japan gave shape to the long-pending proposal of setting up the Quad to develop a new strategy to keep the critical sea routes in the Indo-Pacific free […]
Diamondback Energy Inc. Chairman and CEO Travis Stice said the shale driller will maintain flat production in the Permian Basin this year. The Texas wildcatters that launched the U.S. shale boom are resisting the temptation to pump […]
Oil and gas supermajor BP has announced the start-up of the Herschel Expansion project in the U.S. Gulf of Mexico. Herschel is the first of four major projects scheduled to be delivered globally in 2022. […]
The Biden administration is delaying decisions on new oil and gas leases and permits after a Louisiana federal judge blocked officials from using higher cost estimates of climate change when making rules for polluting industries. The leasing […]
The stock market fell in volatile trading on Tuesday after Russian President Vladimir Putin ordered troops into two breakaway regions in eastern Ukraine, a move that was met with a new round of sanctions from […]
Less than two years after the price of oil briefly plummeted to roughly negative $37 a barrel, an oil boom is underway in America—even in places where drilling was all but abandoned two years ago. “Private oil […]
It was among the most worrying developments on an already shocking day, as Russia invaded Ukraine on Thursday: warfare at the Chernobyl nuclear plant, where radioactivity is still leaking from history’s worst nuclear disaster 36 years […]
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