Oil and Petrochemicals
Aramco Warns of Deteriorating Global Energy Situation
The CEO of Aramco warned about the critical energy situation in the world. This comes as Saudi Arabia seeks new options...
Oil and Petrochemicals
Oil and Petrochemicals
Qatar Increases LNG Tanker Traffic from the Strait of Hormuz
Qatar last week raised the traffic of liquefied natural gas (LNG) tankers from the Strait of Hormuz to its highest level...
Oil and Petrochemicals
Sincere Navigation Company Acquires a Suezmax Tanker for $38.5 Million
Sincere Navigation Company has recently agreed to purchase a Suezmax tanker valued at $38.5 million. This transaction is...
Oil and Petrochemicals
Rio Tinto Transfers Its Last Newcastlemax Tankers to Yasa
Rio Tinto sold two of its Newcastlemax tankers to Yasa Shipping. This deal significantly helps reduce the company's mari...
Oil and Petrochemicals
Precious Shipping's New Shipment with Tanker Sunisa Naree in Singapore
Precious Shipping has secured a new shipment for the tanker Sunisa Naree to PACC Line in Singapore. This charter has sta...
Oil and Petrochemicals
Qatar Rejects Plans to Bypass the Strait of Hormuz for Gas Exports
Qatar has considered four new routes to bypass the Strait of Hormuz, including pipelines and overland gas transportation...
Oil and Petrochemicals
US-Iran Negotiations and Their Impact on Tanker Traffic in the Strait of Hormuz
New negotiations between the US and Iran have raised the possibility of reopening the Strait of Hormuz. This could have...
Oil and Petrochemicals
92% Decrease in Iran's Oil Exports to China This Year
Iran's oil exports to China have decreased by 92% this year. This decline has occurred as Saudi tankers have returned to...
Oil and Petrochemicals
Volare's $500 Million Shipment Reaches a Valuation of $1.2 Billion
Volare, backed by Trafigura, has raised $500 million in funding and achieved a valuation of $1.2 billion. This move come...
Oil and Petrochemicals
Hafnia Secures $300 Million in New Investment
Hafnia has recently raised $300 million in new capital, increasing its stake in the Danish tanker company Torm to 19.85%...
Oil and Petrochemicals
Ventura Offshore Signs New Drilling Contract in Indonesia
Ventura Offshore has signed a new contract for drilling the JKNE Upside-1 Dir well in Indonesia with Searah West Ganal L...
Oil and Petrochemicals
New Oil Tanker Shipment Departed to Designated Destination on Specified Date
An oil tanker has departed with an oil cargo to a specified destination on a designated date. This event is noteworthy u...