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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 20, 2026
The CEO of TKMS, a warship builder, said that he is in discussions with Norwegian and German firms to offer a multibillion-dollar package to Canada 'in a fiercely-competitive submarine tender. He was trying to beat a rival 'South korean' bid.
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January 20, 2026
The CEO of TKMS, a warship builder, said that he is in discussions with 'Norwegian, German and German companies in order to offer a multibillion-dollar investment package to Canada as part of a fiercely competitive'submarine tender. He hopes to beat a competing South Korean bid.
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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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January 19, 2026
KazMunayGas, Kazakhstan's oil company owned by the state, said that a fire at a power station in the Chevron-led Tengiz field was put out on Sunday. The company said that the staff was evacuated and no one had been injured. It said that the fire had started at a transformer for a turbine.
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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 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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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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January 14, 2026
The U.N. Security Council asked U.N. secretary-general Antonio Guterres on Wednesday to continue providing monthly reports on any further Yemeni Houthi attacks on vessels in Red Sea, prompting Russia to taunt United States. The Russian Deputy U.N.
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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 9, 2026
The Ukrainian ambassador to the United States said on Friday that Ukrainians were part of the crew aboard the Russian-flagged tanker Bella-1 which was seized by U.S. troops this week. Olha Stefanishyna was quoted by Interfax Ukraine as saying that Ukrainian diplomats are in contact with U.S.
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January 9, 2026
Two sources with knowledge of the matter said on Friday that Reliance Industries, a private refiner in India, is seeking U.S. permission to resume purchasing Venezuelan crude. The refiner wants to ensure supplies as Western pressures on India to reduce Russian oil imports.
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January 9, 2026
Two sources with knowledge of the matter said that Reliance Industries, a private refiner in India, is looking to secure oil as Western pressures on India to reduce its Russian oil purchases. Sources said that Reliance representatives were in talks with the U.S.
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January 7, 2026
The Russian state broadcaster RT reported on Wednesday that it 'looked as if U.S. troops were attempting to board the Venezuela-linked 'oil tanker 'Marinera'?from a chopper and published an image showing a chopper hovering near ship. Could not verify immediately the?RT Report.
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January 7, 2026
The Wall Street Journal, citing an official from the United States, reported that Russia had deployed a sub and other naval vessels in order to escort a?aging oil tanker which was trying to evade a U.S. blockade near Venezuela. The tanker, previously known as Bella 1…
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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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January 1, 2026
The?U.S. has been asked by Russia to stop its pursuit of a?oil tanker 'that was destined for Venezuela and is now fleeing the U.S. Coast Guard in the Atlantic Ocean, according to a report from Thursday’s New York Times. The New York Times reported on Thursday that the U.S.
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December 25, 2025
The Russian Foreign Ministry said that the United States is reviving piratery and banditry by blocking Venezuela. It hoped President Donald Trump’s pragmatic approach would prevent a catastrophe. Maria Zakharova, spokeswoman for the Foreign Ministry…
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December 25, 2025
Alex 'Wong, 'global chief strategist at Hanwha Group said that the?Philly Shipyard of Hanwha has the ability to build a nuclear-powered submarine? for the U.S. Navy. Wong stated during Hanwha's Hanwha media day in Philadelphia on Monday that "the U.S.
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December 25, 2025
Alex Wong is the global chief strategy officer of Hanwha Group. According to a press release issued by the South Korean firm on Thursday, the company's Philly Shipyard can build a nuclear submarine for the U.S. Navy. Wong, who spoke at the Hanwha media day in Philadelphia on Monday…
