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December 23, 2025
According to documents and data from the company, Venezuela's PDVSA state-run oil firm has begun filling up 'tankers' with crude oil and fuel oil that it has in its storage. This is because inventories are increasing amid U.S. moves to seize Venezuelan-linked ships. This month, the U.S.
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December 23, 2025
Orsted, a Danish offshore wind developer, has agreed to sell a 55% stake in its Greater Changhua II offshore wind farm in Taiwan. The deal is worth approximately 5 billion Danish crowns (788.74m). You can also restore your own website. Investor…
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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 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 22, 2025
China's Foreign Ministry said on Monday that the seizure by the United States of another country's vessels was a'serious violation of international law', after the U.S. stopped a China bound oil tanker near the Venezuelan coastline. China's Lin Jian…
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December 19, 2025
European traders reported on Friday that a South Korean flour'mill group' purchased an estimated 50,000 tons of milling wheat this week to be sourced from the United States. This purchase is in addition to the 20,800 tons U.S. origin wheat purchased by another South Korean milling company this week.
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December 18, 2025
According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.
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December 18, 2025
These are the most popular stories from the New York Times' business pages. These?stories have not been?verified and we cannot vouch for the accuracy of these stories. The United States has approved the sale of $11.1 billion worth of arms to Taiwan. This is the largest U.S.
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December 17, 2025
According to a ruling that was reviewed by the. According to the ruling, on Tuesday, the Masan Branch Changwon District Court sent to prison the chief executive officer of a South Korean contractor for two and a quarter years and sentenced two employees from another firm to one and a quarter years.
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December 17, 2025
South?Korean Major?Feedmill Group?has begun buying corn at an international auction on Wednesday, with initial purchases of 136,000 metric tonnes. According to traders, the tender is for up to 210,000 tons. Therefore, more purchases are possible.
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December 17, 2025
China's defense ministry accused the Philippines of?distorting?the truth about a?incident that involved?the Chinese Coast Guard and Filipino fishermen near an South China Sea Shoal. It defended Chinese action as "reasonable" and "lawful". Manila's…
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December 17, 2025
A South Korean court has found two contractors who worked on Taiwan's sub programme guilty of leaking torpedo-launching system designs. The ruling called the case a "diplomatic burden" that could be placed on?Seoul. According to the ruling, on Tuesday…
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December 17, 2025
European traders reported that a South Korean flour mill group purchased an estimated 20,800 metric tonnes of?milling?wheat to be sourced by the U.S. at an international auction on Wednesday. The purchase included several different types of?wheat and all were purchased on a FOB basis.
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December 17, 2025
Major Feedmill Group in South Korea (MFG) issued a tender to purchase animal feed corn up to 210 000 metric tons, European traders reported on Wednesday. Three consignments ranging from 55,000 to 75,000 tons of corn are expected in South Korea between March and April 2026.
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December 17, 2025
The accelerating Japanese defence spending is likely to boost Kawasaki Heavy Industries' sales in the upcoming years above their projections, said its CEO on Wednesday, as contractors profit from an unprecedented military buildup. Sanae Takaichi…
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December 16, 2025
Taiwan's defence ministry reported that China's most advanced and newest aircraft carrier, the Fujian sailed across the Taiwan Strait Tuesday. It was its first transit through the waterway since it officially entered service last month. Taiwan…
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December 16, 2025
U.S. crude oil futures jumped more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade against all sanctioned tankers that enter or leave Venezuela. U.S. Crude Futures rose 1.3% or 72 cents to $55.99 as of 0022 GMT.
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December 15, 2025
Gilberto Teodoro, Philippine Defense Secretary, denounced on Tuesday what he called "dangerous" & "inhumane' actions of Chinese maritime forces towards Filipino fishermen in a disputed South China Sea Shoal last week. Manila's Coast Guard said…
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December 13, 2025
On Saturday, the Philippine Coast Guard said that two fishing boats suffered "significant" damage and three Filipino fishermen were 'wounded' when Chinese coast -guard ships fired water cannon on a disputed South China Sea shoal. Manila's Coast Guard said that on Friday…
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December 12, 2025
Australia announced on Friday that it would not oppose Hanwha's proposal to nearly double the stake of Austal in Australia, but there will be strict conditions regarding data access and security. Treasurer Jim Chalmers stated that the decision…