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March 26, 2026
Admiral Nicolas Vaujour said that he has recently held talks with various naval counterparts, including those from Britain, Germany Italy, India, and Japan, about the current situation in Middle East. He wrote in a letter to X on Friday that…
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March 26, 2026
The Crown Estate of King Charles III, which is the owner of?Britain?s seabed, announced on Thursday that it plans to?hold a new?offshore-wind leasing round during the first half next year. The Crown Estate is an independently-run, commercial enterprise that generates profit for the UK Treasury.
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March 25, 2026
Eduard Ruijs is the head of investment for Vitol. The company investing in this project, says that the final investment decision will be made in the Delfin LNG project, offshore Louisiana, in a few weeks or months. Ruijs said that the '13.2…
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March 25, 2026
The underwater business segment, which saw an 88% increase in revenue, was the main driver of this?fourfold? jump. The shares of the Trieste-based firm rose up to 7.5% after the results. State-controlled shipbuilder reiterated their 2026 'targets' for revenue between 9.2 and 9.3 billion euro…
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March 24, 2026
?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…
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March 24, 2026
Vitol, a global?commodities?trading?house, said on Tuesday that it would increase its revenues and trade more oil by 2025 as compared to 2024. The firm reported that the trading house's turnover grew by 3.6% last year to $343 billion, with its…
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March 24, 2026
The estate of the late British tech tycoon, 'Mike Lynch' was denied permission to appeal on Tuesday against a ruling by London High Court which found that he had been liable for Hewlett Packard Enterprise in relation to its acquisition of his company?Autonomy. Hewlett-Packard, the U.S.
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March 23, 2026
A man arrested in Scotland last week on suspicion of trying to enter Britain's nuclear sub base has been released pending further investigations, Scottish prosecutors announced Monday. A 34-year old man and a 31 year-old Romanian woman were…
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March 23, 2026
On Monday, the United States and French energy giant TotalEnergies announced that they would redirect nearly $1 billion in offshore wind leases towards U.S. production of oil and gas. The agreement represents a new approach in the Trump Administration's…
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March 23, 2026
Keir Starmer, Britain's Prime Minister, said on Monday that his government may re-examine the powers of the Competition Regulator to combat price gouging in the energy market. Starmer, a member of a parliamentary committee, said: "We are looking at ways to combat 'profiteering.
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March 23, 2026
Keir Starmer, British Prime Minister, said on Monday that Britain must prepare for the possibility that a war with Iran could last for some time. He added that there were no "meaningful" concerns about energy supply. Starmer said that the emergency…
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March 23, 2026
TotalEnergies, a French and American energy company, announced on Monday that they would divert?nearly 1 billion dollars?from offshore leases towards U.S. oil & natural gas production. This deal is the latest blow for the U.S. offshore industry…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 23, 2026
The Daily Mail reported that a British nuclear-powered submarine equipped with Tomahawk Cruise Missiles has taken up position in the Arabian Sea, giving Britain the ability to launch long-range attacks if the regional conflict escalates. Could not immediately verify the information.
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March 13, 2026
Britain and Ireland are planning to conduct live 'exercises' in order to test their preparedness for incidents involving submarine cables. The two countries made this announcement on Friday as part of a joint statement aimed at enhancing maritime cooperation.
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March 13, 2026
Sources said that Italian authorities are considering how to handle a Russian "liquefied gas tanker" left adrift in the Mediterranean following what Moscow "described" as a Ukrainian drone strike, according to sources. The Russian transport ministry reported that Ukrainian drones…
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March 12, 2026
Ferretti, the Italian yacht manufacturer, said 'on Friday that a 'independent financial advisor has deemed KKCG - a Czech investment group -?offering to redouble its stake in Ferretti as "not attractive". Ferretti stated that the independent…
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March 12, 2026
The U.S. investment firm Biglari 'Holdings announced on 'Thursday that it had purchased a 3,4% stake in the?Ferretti -Group. KKCG, a Czech investment group, is preparing to make a partial offer for the Italian yacht manufacturer. Biglari Holdings…
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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.
