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February 24, 2025
At a Rome bilateral summit, the United Arab Emirates announced that it plans to invest 40 billion dollars in Italy. The two countries did not give a timeframe. Since taking office as Italian Prime Minister in 2022 Giorgia Mello has sought to strengthen ties with Gulf nations…
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February 20, 2025
According to calculations based upon data from industry sources, the offline primary oil refinery capacity of Russia in February has been revised up by 82% compared to what was originally planned for this month. In February, idle primary oil…
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February 20, 2025
Two sources with knowledge of the situation said on Thursday that oil loadings at Russia's Black Sea Port of Novorossiisk resumed on Tuesday night, after being idle for two consecutive days due to storms. The storm caused the suspension of oil loadings at the Russian Black Sea port Novorossiisk…
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February 20, 2025
The first meeting between Russia and the United States since the beginning of the Ukraine conflict was held to restore relations and prepare the ground for a peaceful resolution. What has been discussed so far? UKRAINE WAR Donald Trump, the U.S. president, says that he wants a quick end to the war.
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February 19, 2025
North Korean state-run media on Thursday criticised the United States over a nuclear submarine agreement with Australia signed under the AUKUS Partnership in 2021. A KCNA commentary said that Washington should be cautious about the consequences of what they called nuclear alliances.
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February 19, 2025
Goldman Sachs stated on Wednesday that a potential ceasefire in Ukraine and the resulting easing of sanctions against Russia is unlikely to increase Russia's crude oil flow. The administration of U.S. president Donald Trump said Tuesday that it had agreed to have more talks with Russia. In Ukraine.
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February 13, 2025
A senior official patrolling the busy Gulf of Finland ship lane on Thursday said that Estonia's Navy is ready to take action against vessels that are a threat to Baltic Sea infrastructure, even if they were in international waters. After a series power…
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February 13, 2025
Five sources and shipping data indicate that a few newer Chinese terminals have recently begun receiving oil tankers sanctioned from the U.S. This has provided logistical relief after a large port operator suddenly banned such deliveries last week.
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February 12, 2025
In a press conference broadcast on television in Moscow, Sudanese foreign minister Ali Yusef Sharif announced that an agreement had been reached to create a Russian Naval Base in Sudan. There are no obstacles, we are in total agreement. Sharif…
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February 12, 2025
The Russian emergency ministry announced on Wednesday that some of the 300 Russians stranded in the Sea of Okhotsk, in the Western Pacific, refused to be evacuated. The ministry posted a message on Telegram saying that 109 fishermen were rescued by helicopters and boats…
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February 10, 2025
Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.
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February 10, 2025
Shiptracking data revealed on Monday that at least three LNG vessels from Oman and Australia were heading west to deliver the gas, one of which was sailing through the Red Sea. This is because higher prices in Europe are continuing to attract more supplies.
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February 8, 2025
The governor of Russia's Sakhalin Region said that a district has been placed on high alert following the stranding of a cargo vessel off the southwest coast Sakhalin Island. The governor of Ukraine, Valery Limarenko said in a Telegram message…
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February 3, 2025
Two industry sources who are familiar with the calculations and data say that the daily output of Kazakhstan's biggest field, Tengiz has reached a new record high in late January. This is a 45% increase from the average for 2024. The Kazakh…
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January 31, 2025
After a temporary delay caused by the recent U.S. trade sanctions, which have increased trading costs, Indian sources in the refining industry said that traders have now resumed their offers to Indian refiners of Russian crude cargoes. Washington…
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January 31, 2025
Norwegian police announced on Friday that they arrested a Norwegian vessel with a Russian crew, on suspicion of causing damage to an optical cable in the Baltic Sea. Tromsoe police, in Tromsoe city, north of Norway said that the arrest was made at the request by Latvian authorities.
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January 28, 2025
The lining of a Russian nuclear-powered icebreaker was damaged while it freed a vessel trapped in Arctic waters. This was reported by the state news agency RIA on Tuesday. The vessel Fifty Years of Victory was said to be operating normally,…
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January 28, 2025
These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The cryptocurrency exchange KuCoin has pleaded guilty to allegations that it was operating as a money-transmitting company without a license in the U.S.
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January 27, 2025
Moldovan Prime Minster Dorin Recean announced on Monday that the European Union would provide 30 million euro ($31.5million) for the purchase and transportation of natural gas into Transdniestria - the region which has broken away from Moldova.
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January 27, 2025
late last week, two market sources informed Reuters on Monday. They said oil storage at the refinery had actually been set ablaze. Among damaged equipment were a railway loading rack and a. hydrotreater unit utilized to get rid of impurities from improved. products.
