Besides 801 LNG stations, there are 4239 CNG fueling stations for vehicles in Europe, data by the Brussels-based association shows. Established in 1990, Eurogas now has over one hundred members across Europe and the world. […]
The Kerala state government has filed an admiralty suit against Mediterranean Shipping Company (MSC), seeking $1.1bn in compensation for environmental and economic damages resulting from the sinking of the MSC Elsa-3 off the state’s coast […]
South Korea’s revitalised mid-sized shipbuilder, K Shipbuilding, has been officially put on the market, with owners targeting a sale price of up to KRW1trn ($730m). The sale marks a dramatic turnaround for the former STX […]
The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister Suhail al-Mazrouei, who recently stated that the market is “thirsty” for additional OPEC+ barrels. Speaking at a biennial […]
United Arab Emirates-based jackup rig pure-play Shelf Drilling has won an extension for one of its rigs. Italian energy giant Eni awarded a one-year extension to the 1980-built Key Manhattan. Work under the extension will […]
The global seaborne trade in copper concentrates is surging to new highs, with fresh data from Ursa Shipbrokers and AXSMarine showing record-breaking shipments in the first half of 2025. Loadings reached 18.5m tonnes during the […]
The security situation in the Red Sea has taken a sharp turn for the worse over the past 48 hours, with back-to-back attacks on merchant vessels and Israeli airstrikes targeting multiple Yemeni ports. Yesterday, the […]
The global energy landscape is witnessing a resurgence in oil and gas production, with major players like Shell and TotalEnergies leading the charge in Nigeria, Africa’s top oil producer. According to a recent report from […]
In a bold move signaling a strategic pivot, UK oil supermajors BP and Shell have inked new deals with Libya’s National Oil Corporation (NOC) to explore and develop oil and gas fields, marking a significant […]
OPEC+ has been making waves with ambitious production quota hikes, signaling a bold shift toward reclaiming market share. However, recent data reveals a recurring theme: the group’s actual output consistently falls short of these lofty […]
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