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February 6, 2026
Brazil's Petrobras purchased a 42.5% share in an oil exploration field near the coast of Namibia, the state-run firm announced?on Friday. The company is looking to replenish its oil reserves by exploring new frontiers in Africa. Petrobras announced…
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February 6, 2026
The EU barley exports may reach a decade-high this season, as the EU is able to shift a large harvest due to the brisk demand for feed overseas and the reduced competition in the Black Sea Region. The surge in demand for European "feed" barley…
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February 6, 2026
The Vietnamese authorities have chosen a newly-created subsidiary of real estate conglomerate Vingroup for the development of the first phase of a major offshore wind project in the country. Morgan Stanley-backed German renewable company PNE…
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February 6, 2026
The European wheat futures market was little changed Thursday, as it paused at a 2-1/2-month high from earlier in the week. Traders accounted for higher Chicago prices, weather risks, and a slowdown in export demand. The price of March milling…
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February 6, 2026
France's Minister of the Armed Forces announced on Thursday that the French Navy had seized over 4 tonnes of cocaine in French Polynesia, and intercepted a boat transporting?the drug to?the Caribbean. This comes as other countries, including the U.S.…
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February 6, 2026
On Thursday, the French Navy intercepted a boat?carrying cocaine and handed it over to Barbadian authorities. This comes as other countries, including the United States, intensify their efforts against drug trafficking. Catherine Vautrin reported? on X? that 678 kilogrammes cocaine had been seized.
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February 6, 2026
France's de-facto ambassador to Taipei, speaking of voyages that regularly enrage China, said Thursday that foreign countries are not provoking China by their naval missions in the Taiwan Strait, but rather asserting international laws. Beijing claims sovereignty over Taiwan and views the narrow…
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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
Wartsila, the Finnish engineering company, missed its fourth-quarter order forecasts on Tuesday due to U.S. tariffs on batteries and increased competition in their energy storage business. Even though CEO Hakan AGnevall said that there were…
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February 4, 2026
Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.
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February 4, 2026
According to traders and shipping information, oil refiners in the U.S. Gulf Coast struggle to absorb an influx of Venezuelan crude since last month's $2 billion deal, which was a "flagship" agreement between Washington and Caracas. This has pushed up prices and left some volumes unsold.
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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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February 4, 2026
Orsted, the Danish wind farm operator, announced on Tuesday that it has agreed to sell its European onshore Renewables business to Copenhagen Infrastructure Partners at a price of 1.44 billion euro ($1.7 billion), as part a plan to strengthen its finances.
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February 4, 2026
The British Navy's top naval commander said that despite the conflict in Ukraine lasting a few more years, Russia's investment into its Northern Fleet has not diminished. He added that Western powers were tested by Moscow's "aggressive" posture.
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February 4, 2026
The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal were announced by President Trump and Indian Prime Minister Narendra Modi on Monday…
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February 2, 2026
The five offshore wind projects that were halted in December by the Trump Administration can resume construction after a federal court ruled on Monday. A judge cleared Denmark's Orsted to proceed with its Sunrise Wind Project off the coasts of New York.
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February 2, 2026
Shipping data shows that Venezuelan oil exports jumped to a record?800,000. barrels per day in January under the control of the United States, from 498,000 barrels per days in December. This was after the capture by the U.S. of President Nicolas Maduro…
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February 2, 2026
A U.S. Judge will on Monday consider a Danish energy company's request to block the Trump?administration from halting its Sunrise Wind Project off the coast of?New York. This is the fifth preliminary injunction application filed by an offshore developer since December 22…
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February 2, 2026
China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.
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February 2, 2026
The deadline for America's Cup entries has been extended by two months, to the end of March. This will allow more teams to compete in the blue-ribbon event next year at 'Naples. The entry deadline has been extended until March 31 to give teams more time to prepare for AC38.
