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September 16, 2025
People familiar with the matter say that Japan's largest power generator JERA has advanced discussions to purchase natural gas production assets located in the U.S., for approximately $1.7 billion. This is the latest example of an Asian nation investing into the American energy sector.
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September 16, 2025
Plains All American crude oil pipelines connecting the Permian basin to Corpus Christi's export hub are experiencing quality problems due to high levels of mercaptans or naturally occurring sulfur compounds. This is according to sources who have been familiar with this matter…
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September 16, 2025
The Prime Minister Donald Tusk announced on Tuesday that Poland would decide this week on the procurement of submarines, with the first subs being purchased by the end the year. Poland plans to purchase three submarines through its "Orka' programme…
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September 16, 2025
Israeli officials said that they had ordered the evacuation of Yemen's Red Sea Port Hodeidah on Tuesday and would be attacking the area within the next few hours. The Houthis - a political group and military force that controls the majority of Yemen - have attacked ships in the Red Sea…
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September 16, 2025
Bulgarian media reported that the police in Bulgaria had arrested the Russian owner who owned the ship that carried the explosives that exploded in Beirut's port in August 2020 killing over 200 people. Bulgarian National Radio, among other media outlets…
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September 16, 2025
According to data from vessel tracking and two sources with knowledge of the situation, Vitol, a top global oil trader and Sunoco North American fuel distributor took delivery on Monday of the first U.S. gasoline imports from Nigeria's newly built Dangote refinery.
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September 16, 2025
According to grain traders attending an international conference, flour millers in Asia increased their imports of U.S. Wheat in recent weeks due to the competitive prices offered by American suppliers, and delays in Black Sea shipments. Two…
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September 15, 2025
China's Coast Guard said Tuesday that it had taken "control measures" against a number of Philippine vessels near the disputed Scarborough Shoal, in the South China Sea. Beijing is strengthening its territorial claims and maritime right in the contested area.
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September 15, 2025
Brazilian oil company Prio received an installation licence from Brazil's environment agency Ibama for hooking up wells in its Wahoo fields to its offshore production platforms, the company announced on Monday. The company said that it expected…
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September 15, 2025
New Hope Corporation, an Australian coal miner, posted a 7.7% decline in its annual profit, missing expectations, as lower realized pricing outweighed increased sales volume. The company's average sales price was A$157 per tonne, down 14.3% from the previous year.
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September 15, 2025
According to data from vessel tracking and two sources with knowledge of the situation, Vitol, a top global oil trader and Sunoco North American fuel distributor took delivery on Monday of the first U.S. gasoline imports from Nigeria's newly built Dangote refinery.
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September 15, 2025
Two sources reported on Monday that at least 40 fuel tanks were destroyed on Sunday in Mali when al Qaeda insurgents, who had declared a fuel blockade in the country, attacked a convoy consisting of over 100 vehicles with military escort. A…
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September 15, 2025
Rheinmetall announced late Sunday that it had reached an agreement with Luerssen Group to purchase the military division of Luerssen Group, NVL. The German defence group is looking to expand its European operations. Rheinmetall's move, which is the largest ammunition manufacturer in Europe…
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September 15, 2025
Trading Corporation of Pakistan, a state-owned agency in Pakistan, has announced a new international bid to buy 100,000 metric tons of refined white sugar. It is also believed that 100,000 tons were purchased last week through a previous tender.
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September 15, 2025
Orsted, a Danish offshore wind developer, said Monday that it priced its $9.42-billion rights issue at $66.6 crowns per share ($10.46), representing a discount of 66.7% to the closing price of Friday's stock. Orsted received shareholder approval earlier this month for the capital raising…
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September 14, 2025
On Monday, the UK Government announced that the UK government and the industry plan to invest jointly over 1.1 billion pound ($1.5 billion) into the maritime sector. The government stated that the investment would unlock growth and create jobs in coastal communities throughout the UK.
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September 14, 2025
Rheinmetall, a German defence group, announced on Sunday that it had signed an agreement with Luerssen Group for the acquisition of Naval Vessels Luerssen's military division. The move was intended to expand into naval shipbuilding. It said…
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September 13, 2025
Richard Marles, the Australian Minister of Defence, said that the United States could use the planned defence facilities in Western Australia for the delivery of submarines as part the AUKUS nuclear sub deal. On Saturday, the government announced…
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September 13, 2025
Australia announced on Saturday that it will spend A$12 Billion ($8 Billion) to build defence facilities in Western Australia for the delivery of submarines under AUKUS Nuclear Submarine Deal. AUKUS, the pact signed by Australia, Britain, and the U.S.A.
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September 12, 2025
Major Feedmill Group, a South Korean company, is said to have rejected every offer and not made any purchase at an international auction to buy animal feed corn up to 70,000 tons on Friday. Prices were considered too high. The lowest estimate was $234.40 per ton…