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May 8, 2026
According to industry sources, and shipping data, Asia received its first cargo of fuel oil?from Mexico?in nine months?on Thursday. More cargoes are expected to follow. After the Strait of Hormuz conflict, which cut off fuel oil supplies to…
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February 26, 2026
Sources familiar with the transaction said that Saudi Aramco’s U.S. Trading division purchased a cargo?of Venezuelan Boscan heavy crude for delivery in March, marking its first purchase of this heavy crude suitable for asphalt production. One…
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January 9, 2026
Energy Secretary Chris Wright told reporters that there is a "real possibility" the U.S. might use its Export-Import Bank to 'fund large oil projects' in Venezuela. This was before President Donald Trump met with industry executives later on Friday.
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December 18, 2025
Washington imposed sanctions on 29 vessels, their management companies and related firms on Thursday as it targeted Tehran's alleged "shadow fleet" that exports Iranian oil and petroleum products. U.S. Treasury says the targeted vessels and…
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November 30, 2025
On Sunday, Britain, New Zealand, and Australia made it to the $2 million SailGP championship grand final, while Spain, a defensive team, narrowly missed out. After racing in the final event of SailGP 2025's season, the trio secured their place in the winner-takes all final.
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November 27, 2025
Abu Dhabi will offer tricky light winds, a compact course and a $2 million prize for teams competing for a spot in the SailGP Grand Final this weekend. SailGP’s fifth season culminates in a race where the crew with the highest score wins it all. This is called Formula One on the water.
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November 24, 2025
Saudi Arabia's General Food Security Authority, which is the main government wheat purchasing agency, announced on Monday that it had purchased 300,000 metric tonnes of wheat through a tender. The agency stated that the purchase was for hard wheat with a 12.5% protein content…
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January 7, 2025
Published a special report based on leaked emails last year that showed how Iranian oil company Sahara Thunder moved around the globe. The story shows the journeys of tankers carrying Iranian crude oil and the methods they use to avoid detection.
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January 7, 2025
refinery and pipeline changes reshuffled trade routes. and providers and purchasers split into areas. exports to Europe declined and more U.S. oil went to Europe. been rerouted to India and China. have shut in Europe in the middle of ongoing attacks on Red Sea shipping.
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November 23, 2024
DUBAI (Nov 23) - Triple SailGP champions Australia began their campaign for 2025 with authority, taking the lead on the first day of racing in Dubai. The Australians showed off their tactical skills in a new, striking livery. Chris Draper joined…
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October 30, 2024
The Energy Information Administration (EIA), which is responsible for the U.S. government's energy policy, announced on Wednesday that U.S. gasoline inventories fell to their lowest level in two years last week due to increased demand. Crude…
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July 24, 2024
Venezuela granted a license for a long time to British energy company BP and the state-owned National Gas Company of Trinidad and Tobago to develop Venezuela's side of a large gas field which extends into Caribbean waters. There are approximately…