Spending on new LNG carriers since the beginning of 2022 represents 27% of total newbuilding investment and more than any other sector including containerships. With owners having racked up some $47 billion in investments in […]
In the aftermath of the Ukraine crisis, the global energy crisis took the world by storm last year, reshaping the structure of natural gas markets and leaving profound implications in its wake for policymakers and […]
A UN-led operation years in the making to prevent a large-scale oil spill from occurring off Yemen’s Red Sea coast has made major gains. The replacement vessel Nautica sailed from Djibouti, arriving at Yemen’s Hodeidah […]
In 1986, my M.I.T. working paper “Fighting the Last War: Preparations for the Next Oil Crisis” I described various oil crises in the post-war era and how they each influenced the understanding of both what […]
An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of using the world’s oldest and most dangerous vessels. Shortly after President Vladimir Putin’s invasion of […]
On Thursday, June 22 at 19:30 GMT:Residents of a US town whose lives were upended by the derailment of a train carrying toxic materials say they are still facing uncertainty months after the crash. People […]
China has delivered its first smart floating production storage and offloading (FPSO) with land-sea integrated operation system, marking a breakthrough in the country’s application of the digital twin technology. The offshore oil and gas FPSO with a […]
Top insurers have become lightning rods in the ballooning climate change battleground as these companies are being pressured to stop underwriting policies for the oil and gas industry. More than 140 groups, including climate activists, consumer rights and […]
At least two oil tanker owners are staying away from Nigeria after several companies received backdated tax bills totaling millions of dollars. Multiple businesses received demands from Nigeria’s Federal Inland Revenue Service, according to a […]
Islamabad, Pakistan – Pakistan has received its first shipment of Russian crude oil under an agreement signed between the two countries in April, but experts believe it will be too soon to say if the […]
Copyright © 2026 | Sandstone Group