Oil and Petrochemicals
New Ksi Lisims Agreement for the Sale of 1 Million Tons of LNG to Centrica
The Ksi Lisims LNG project in British Columbia has signed a temporary agreement to sell 1 million tons per year of lique...
Oil and Petrochemicals
Oil and Petrochemicals
Island Oil Renamed to Island Energies
Island Oil (Holdings) Limited announced its transformation and broader focus on energy with the introduction of its new...
Oil and Petrochemicals
The Supermax and Ultramax Market in the South Atlantic is Strengthened
The Supermax and Ultramax shipping market in the South Atlantic has seen an increase in rates across all routes this wee...
Oil and Petrochemicals
DNO Insists on Final Purchase Offer for Capricorn
DNO ASA announced that it will not increase its cash offer of $5.214 for the acquisition of Capricorn Energy plc. This d...
Oil and Petrochemicals
1947 Oil & Gas Begins AIM Trading Following Renaissance Offshore Acquisition
1947 Oil & Gas plc has commenced trading on the AIM market of the London Stock Exchange and has secured the necessary fu...
Oil and Petrochemicals
Hengli Industrial Group Joins the Ranks of LNG Carrier Manufacturers in China
Hengli Industrial Group, a shipbuilder, is entering the liquefied natural gas (LNG) carrier market and is looking to bui...
Oil and Petrochemicals
Agreement of Chinese Owners for the Charter of the Capesize Ship 'Highland'
Chinese owners have secured the Capesize ship 'Highland' with a capacity of 174,000 tons for a period of three years. Th...
Oil and Petrochemicals
The Global CPP Market is Strongly Supported
The global petroleum products market (CPP) is firmly supported this week. This situation is clearly influenced by simila...
Oil and Petrochemicals
IUMI Billion-Dollar Losses for Marine Insurers in Support of Hormuz Energy Flow
Marine insurers have incurred billions of dollars in losses due to coverage of war risks in the Strait of Hormuz, despit...
Oil and Petrochemicals
The Return of US-China LPG Trade to Pre-Trade War Levels
LPG trade between the United States and China has returned to pre-2025 levels following a reduction in supply from the M...
Oil and Petrochemicals
New Estimates for Oil Tanker Rentals in September 2026
Recent estimates indicate that oil tanker rentals have reached a new level in September 2026. These changes could have p...
Oil and Petrochemicals
EQT Signs 10-Year LNG Supply Contract with Lithuania's Ignitis Energy
The state-owned Ignitis Energy of Lithuania will begin a 10-year LNG supply contract with EQT starting in 2027. This con...