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February 11, 2026
Initial 'assessments' by traders indicated that the lowest price offered in the first round - for the tender to import 255,000 metric tonnes of animal feed barley from Turkey - was $266.20 per ton c&f. The traders said that no purchase had yet…
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February 4, 2026
On Wednesday, German Chancellor Friedrich Merz started a tour to Saudi Arabia, Qatar and the United Arab Emirates to form energy and arms partnerships as Europe's largest and richest economy tries to reduce its dependence on the U.S. Merz, at the beginning of his three-day visit…
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February 4, 2026
European traders reported on Wednesday that the state grain board of Turkey, TMO, had issued an "international tender" to purchase and import approximately 255,000 metric tonnes of animal feed barley. Barley is sought to be shipped between February…
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February 4, 2026
Shell announced on Tuesday that it has agreed to'sell' a 20% stake of its Orca offshore Brazil project to Kuwait Foreign Petroleum Exploration Company. Shell said it will retain a 50% stake in the project and continue to be the operator. It…
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January 16, 2026
An industry source said that oil exports via the Caspian 'Pipeline' - consortium, which transports oil from Kazakhstan to a Russian terminal in the Black Sea - plummeted 24% in December following a drone strike. Sources claim that exports fell?from November to 3.98 metric tonne…
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January 31, 2026
As demand for Urals crude drops and customers consider the growing risks of sanctions, traders are increasingly using tanks to store it. Calculations based on LSEG data and trade data. India and Turkey, two major importers of Russian oil, have…
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January 22, 2026
Airline Emirates has renewed its partnership with New Zealand, as the team prepares to defend America's Cup at the America's Cup next year in Naples. Emirates Team New Zealand defeated Ben Ainslie’s British crew in the America’s Cup Match Final in Barcelona 2024.
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January 20, 2026
Data from traders LSEG, and calculations revealed a Tuesday that ultra-low-sulphur-diesel loadings in the Russian 'port of Primorsk could rise by 'about one-third - from December to January and may exceed 2.2 million metric tonnes, due to higher fuel production and a seasonally -weaker demand.
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January 16, 2026
George Gerapetritis, the Greek Foreign Minister, said on Friday that Greece intends to expand its territorial waters, possibly into the Aegean sea, despite Turkey’s constant threat of war if Athens were to?take this step. NATO allies but historic rivals?have lowered tensions over the past few years…
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January 14, 2026
The government announced on Wednesday that Bulgarian Energy Holding, a state-owned energy company in Bulgaria, will acquire a 10% share in the?oil & gas exploration rights for the?Han Asparuh Block in the Black Sea. The Council of Ministers has approved the deal…
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January 13, 2026
The SailGP 'Championship' will include the Switzerland Sail Grand Prix in 2026, the racing circuit announced on Tuesday, after Lake Geneva made its debut last season. Geneva will replace Saint-Tropez on the 2026 Season Calendar, and the race is scheduled for September 19-20.
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January 13, 2026
Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.
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January 12, 2026
According to Tanker Trackers, Iran has released the St. Nikolas tanker, which is a Greek owned Suezmax that it had seized in 2024. Iranian state media reported that Iran had seized the tanker - which was carrying Iraqi oil destined for Turkey - in revenge for the U.S.
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January 12, 2026
Maersk, a Danish shipping company, announced on Monday that one of its vessels had successfully navigated the Red Sea and Bab El-Mandeb Strait. This comes weeks after the firm tested the route in anticipation of normal shipping traffic following the Gaza ceasefire.
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January 9, 2026
European traders reported on Friday that the state-owned?grain board TMO of Turkey has issued a?international tender for the?purchase and importation of about 210,000 tons animal feed barley. The deadline to submit price offers in the tender is 15 January.
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January 5, 2026
A Turkish Foreign Ministry source said on Monday that the Turkish Foreign Minister will emphasize the "strategic importance" of maintaining the security in the Black Sea during a summit in Paris on Ukraine this week. Emmanuel Macron, the French president…
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December 23, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by changing output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…
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December 23, 2025
In a newspaper interview published on Tuesday, Dmitry Patrushev, the Deputy Prime Minister, said that low global prices have slowed down Russian grain exports during this marketing season. He also stressed that Russian grain remains in high demand.
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December 22, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…
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December 21, 2025
Emmanuel Macron, President of France, confirmed his plans to build a larger and'more modern' aircraft carrier to replace the Charles de Gaulle carrier. This will boost France as a maritime superpower. Macron, who first touted these plans in 2020 was speaking to troops at a French base in Abu 'Dhabi…