The Black Sea has descended into a severe danger zone for merchant shipping with Russian military forces piling into the region and targeting Ukraine’s exports. Having gone all year without any merchant ships coming under […]
A day before the agreement would have come into force, Kiev pulled out, sources told Reuters Russia and Ukraine had almost reached a new Black Sea shipping deal in March after two months of negotiations, […]
The Presidential Office of Ukraine Insurance broker Marsh McLennan and Lloyd’s of London underwriters have expanded the Ukraine-backed marine war insurance programme from just grain shipments to all non-military cargo. The initial programme to cut […]
(WO) – OMV Petrom has made significant progress in developing the Neptun Deep project. The company has signed an agreement with an estimated value of $350.45 million for the semi-submersible drilling rig Transocean Barents for a minimum […]
Yahoo Finance LONDON – Oil prices rose on Wednesday as investors turned their attention to an OPEC+ meeting to decide on output policy, while supply disruption caused by a storm in the Black Sea combined […]
The Ukrainian military said it has recaptured several strategic gas and oil drilling platforms from Russia in the Black Sea close to Crimea, which Moscow’s forces had occupied since 2015. The recapture of the so-called […]
Liz Truss, who briefly served as the UK’s Prime Minister in 2022, has this week called for Ukraine to be fast-tracked into NATO. “I also believe we should fast-track Ukraine’s membership of NATO. We should […]
Back to overview Home Fossil Energy Giant Black Sea project weeks away from first gas Premium April 3, 2023, by Melisa Cavcic Türkiye’s government and its national oil and gas company Türkiye Petrolleri A.O. (TPAO) […]
The Caspian Pipeline Consortium (CPC), which handles the transportation and exports of most of the crude oil pumped in Kazakhstan, is ready to transport more crude to the export terminals on the Black Sea, CPC’s […]
(Bloomberg) — Russia’s seaborne crude exports are flowing unabated, despite European Union regulations that prohibit dealings with the country’s state energy companies. Shipments persist even as Ukrainian President Volodymyr Zelensky renews calls for more sanctions against Moscow. Overall […]
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