Energy

Energy

Oil prices fluctuate in the face of supply and demand concerns

portnews - April 29, 2022

Oil prices firmed slightly but were trading in and out of positive territory on Thursday as investors weighed up tightening Russian supplies and the...

Energy

Japan plans to ban Russian coal: Prime Minister Kishida

portnews - April 29, 2022

JAPAN will ban imports of Russian coal, said Prime Minister Fumio Kishida, adding to pressure on Moscow after the European Union announced its own...

Energy

India’s ONGC struggling to move Russian oil to Asia as sanctions bite – sources

portnews - April 29, 2022

India’s Oil and Natural Gas Corp (ONGC) is struggling to find a vessel to ship 700,000 barrels of crude from Russia’s Far East, in...

Energy

Valaris sells two stacked rigs to ADES

portnews - April 29, 2022

Offshore drilling contractor Valaris has sold two jack-up rigs to a subsidiary of the UAE-based operatorADES International Holding. Valaris revealed on Wednesday that it has...

Companies

Havila Shipping Sells Two Platform Suppliers

portnews - April 29, 2022

Norwegian offshore shipping company Havila Shipping has agreed to sell platform supply vessels Havila Aurora and Havila Fortune for an undisclosed sum. Havila Aurora was...

Energy

Diesel exports from the Port of Primorsk to plunge 30% in May – Bloomberg

portnews - April 28, 2022

Shipments from the Port of Primorsk on the Baltic Sea are set at 1.1 million tons for May -- about 269,000 barrels a day,...

Energy

USA accounted for almost 50% of seaborne LNG imports into Europe in the first quarter of 2022 – Banchero Costa

portnews - April 28, 2022

In the first 3 months of 2022, the EU imported 22.1 mln tonnes of seaborne LNG, up by +72.8% y-o-y from the 12.8 mln...

Energy

EU ‘prepared’ for Russian gas halt, says EC President, as prices surge

portnews - April 28, 2022

European Commission President Ursula von der Leyen said April 27 the EU was working on a coordinated response to the cut-off of Russian gas...

Energy

‘Reconsidering’ the oil strategy

portnews - April 28, 2022

The CEO of the Kuwait Petroleum Corporation, Sheikh Nawaf Saud Al-Sabah, has called on the KPC’s board of directors to reconsider the oil strategy,...

Energy