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Friday, November 28, 2025
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Guyana

The offshore engineering market is under pressure, but the overall positive momentum remains unchanged.

Since mid-2024, influenced by the decline in global oil prices, the offshore equipment operation market has experienced a slight downturn, and the demand for...

Lloyd’s Register signs global partnership with EIC to strengthen energy transition role

As EIC’s Platinum Global Partner, LR will play a central role in shaping conversations that drive the energy transition, innovation, and sustainable growth worldwide. Lloyd’s...

Baltic Exchange Shipping Insights

A roundup of the week’s tanker and dry bulk market (Nov 21, 2025) Capesize The week delivered a broadly positive performance for the Capesize market, with...

Asia Fuel Oil: Ample supply keeps markets steadily in discounts

Asia’s spot fuel oil differentials held steadily in discounts on Wednesday, with trade sources eyeing ample supply for both high sulphur fuel oil (HSFO)...

LatAm finds more common ground at Cop

Sao Paulo, 26 November (Argus) — Latin American countries at the UN Cop 30 climate summit showed more unity than in previous years, potentially...

VLCC Market Surge Driven By Solid Fundamentals As Earnings Break $100,/Day

The VLCC market has entered one of its strongest phases in recent years, with earnings surging past $100,000 per day. As highlighted in the...

Guyana’s oil output jumps to 841k bpd after start-up of fourth FPSO

Guyana’s oil production increased to 841,000 barrels per day (bpd) in October from 771,000 bpd the previous month, boosted by the start-up of the...

China diversifies supply with first Guyana crude shipment

China, world’s top oil importer, will receive its first Golden Arrowhead crude cargo from Guyana in December, according to trade sources and shipping data,...

TotalEnergies, Petronas, and QatarEnergy set their cap on hydrocarbon exploration off Guyana

Three energy giants – France’s TotalEnergies, Qatar’s state-owned QatarEnergy, and Malaysia’s Petronas –are joining forces to explore the hydrocarbon potential of an offshore block...

VLCC Tanker Market Takes Another Step Higher

Clean LR2 MEG LR2 freight continued it modest firming this week. The TC1 75kt /Japan index added another 5 points of value to WS150 taking the...
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