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June 9, 2026
Interfax reported that the Russian navy conducted military drills in the Baltic Sea, including unguided missile launches and bombing runs. The NATO BALTOPS Naval Exercise, which began?June 4, and runs until?June 20, is the 'biggest war game in the Baltic Sea?year.
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May 5, 2026
OPEC has been weakened more than anyone could have imagined just a few months ago by the military actions of U.S. president Donald Trump in Venezuela and Iran. White House may see this as a big win, but ultimately it could hurt both the U.S. energy markets and the U.S.
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March 12, 2026
The Russian presidential envoy Kirill Dmitriev stated that he discussed the current energy crises with his U.S. counterparts on Thursday as part of a meeting of the U.S. and Russia working group on economics which took place in Florida. Since the closure of the Strait o f?Hormuz on February 28…
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March 11, 2026
The International Energy Agency plan to release 400,000,000 barrels of oil reserves to the world is unprecedented and urgently needed to counter the devastating supply shock caused by the Iran War. But it will only offer limited relief so long as energy exports to the Middle East are blocked.
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February 18, 2026
This month, China marks one year since its last import of liquefied gas from the U.S. in the midst of a heated trade war between two world's largest economies. Chinese companies have purchased U.S. LNG from American producers under long-term contracts.
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February 4, 2026
The British Navy's top naval commander said that despite the conflict in Ukraine lasting a few more years, Russia's investment into its Northern Fleet has not diminished. He added that Western powers were tested by Moscow's "aggressive" posture.
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January 29, 2026
The vast European natural gas storage network will exit winter with its lowest level for years. Yet, market prices show a complacency that is at odds with the immense challenge faced by traders in replenishing their inventories. Since the Russian invasion of Ukraine…
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January 29, 2026
The German budget committee approved a pre-contract to buy?MEKO A200 class frigates on Wednesday. According to two members of the committee, TKMS will pay?50 millions euros ($59.70million) for these frigates. The budget committee approved an…
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January 26, 2026
A fear of disruptions in production has led to a surge in the price of natural gas. This spike in prices has been felt on overseas markets and highlights the "growing globalization" of the U.S. dominated liquefied gas trade. U.S. Natural Gas Futures are at their highest level since December 2022…
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January 22, 2026
According to sources familiar with this project, the German military is preparing a purchase of at least three MEKO A200 class frigates from German shipbuilder TKMS. Each of these ships will cost around $1.17 billion. Sources said that a 'preliminary…
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January 22, 2026
Four industry sources said that oil from Kazakhstan's massive Kashagan field has been diverted to the domestic market, for the first-time due to bottlenecks in the Black Sea terminal which handles the bulk the country's crude imports. After…
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January 20, 2026
The Russian court service reported that a U.S. national was sentenced to five years' imprisonment for 'crossing the border in possession of a weapon, when he left the United States on a ship to meet a Russian woman whom he had met online. In a statement released on Monday…
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on
January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
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on
January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
Posted to Maritime Reporter
on
January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.
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on
January 9, 2026
The Russian Foreign Ministry announced?on Friday? that the United States had released two Russian crewmembers from an oil tanker flying the Russian flag, which was seized in the Atlantic Ocean on Wednesday. The Russian Transport Ministry announced on Wednesday that it had lost contact after U.S.
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January 7, 2026
These are the most popular stories from the business pages of the New York Times. ? These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Donald Trump, the U.S. president, said Venezuela would start sending oil to the U.S.
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January 2, 2026
The differentials between Caspian and Urals crude oil remained unchanged on Friday, in a'mild' market. Russia -and a few of its neighbouring countries - were off for the New Year holiday. There were no bids or offers reported to Platts on Friday for Urals, Azeri BTC - and CPC Blend.
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December 8, 2025
On Monday, Russian President Vladimir Putin signed a decree clearing the way for 'potential deals' with Rosneft and Shell's joint venture stake in Caspian Pipeline Consortium which exports oil mostly from Kazakhstan. The decree stated that it "allowed" the transactions, which could?result?
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November 11, 2025
In its latest effort to aid Ukraine in its fight against Russia, Britain will ban companies that provide services like shipping and insurance to Russian exports of liquefied gas. The European Union approved sanctions in October that will ban Russian LNG imports starting January 1, 2027.