Middle EastOperations President.ir President.ir With indications coming from Washington that Donald Trump is willing to join Israel in its attack on Iran, the situation in Middle Eastern waters remains highly tense. Israel’s conflict with Iran […]
A coalition of twelve U.S. states has taken a stand against offshore oil and gas drilling, filing complaints with the Bureau of Ocean Energy Management (BOEM) to exclude Atlantic and Pacific Ocean planning areas from […]
The United Kingdom has escalated its maritime pressure campaign on Russia, unveiling a new sanctions package at the G7 Summit in Canada that targets 20 additional tankers linked to Vladimir Putin’s shadow oil fleet with […]
EuropeOffshore Subsea 7 Subsea 7 Offshore engineering and services player Subsea 7 has won a new engineering, procurement, construction and installation contract offshore Norway. The EPCI deal involves pipeline bundles, spools, protection covers, and tie-ins […]
Looking at the nuts and bolts, we see that the spending goes on, even if the mood is ultra-sour. By Wolf Richter for WOLF STREET. Retail sales in May, seasonally adjusted, fell by 0.9% from April, and in […]
A collision occurred at 1:14 am Dubai time overnight between two tankers, the Antigua Barbuda-flagged Adalynn aframax, part of the shadow fleet, and the Liberian-flagged Front Eagle VLCC, near the Khorfakkan anchorage in the […]
The UK Crown Estate has revealed its proposal to invest up to £400m ($542.5m) of capital in the supply chain of the country’s offshore wind sector. The Crown Estate, a collection of marine and land […]
US year-over-year home-price gain shrinks to +0.4%. Prices drop YoY in 18 of the 33 metros: San Diego, Austin, Tampa, Miami, San Francisco, San Antonio, Dallas, Phoenix, Orlando, Atlanta, Denver, Raleigh, Houston, Seattle… YoY gains […]
Middle EastOffshore Santos Australian energy major Santos has received a non-binding takeover proposal from a consortium led by the Abu Dhabi National Oil Company (ADNOC). The takeover offer by a consortium of ADNOC subsidiary XRG, […]
After inflation, “real” yields on money-market funds are near 2%, and households kept pouring cash into them. But CDs lost ground. By Wolf Richter for WOLF STREET. Balances in money-market funds held by households at the end of […]
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