A European bank has agreed to process a payment for the transit of Russian oil through Ukraine, Slovak refiner Slovnaft and another source familiar with the matter said, removing the cause of a stoppage of oil supplies to central Europe last week
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Saipem is progressing its pipelay activities on state-owned Turkish Petroleum’s huge $3.6 billion Sakarya gas project in the Black Sea. Due on stream in 2023, the 15 trillion cubic foot development will be tapped by subsea wells
India's plan to auction abandoned coal mines to private firms to meet rising energy demand has brought little cheer to the industry as running the mines poses financial, technological and safety risks companies are reluctant to take on, analysts said
Russian forces have struck port infrastructure in Ukraine's southern Mykolaiv region, Mayor Oleksandr Senkevich said on Tuesday: "A massive missile strike was launched on the south of Ukraine from the direction of the Black Sea, and with the use of aviation," he told
Russia's cut in supplies through its main gas pipeline to Germany will leave countries unable to meet goals to refill storage and Europe's biggest economy faced with rationing industry to keep its citizens warm during the winter months
South Korean contract workers have tentatively agreed to end their strike at the country's No.3 shipbuilder in return for a much smaller wage hike than they had demanded, union officials and subcontractors said on Friday
French oil major TotalEnergies and shipping giant CMA CGM announced further measures to cut prices on Friday, following government pressure for companies to do more to help consumers cope with soaring inflation
Shanghai - China's year-old carbon market has given more than 2,000 power plants a taste of emissions trading, but design flaws and data fraud have meant limited large-scale greenhouse gas reductions and environmental gains
Britain on Friday emphasised the importance of securing rare earth mineral supply chains and diversifying away from dominant players such as China as it launched a refining facility in northern England and a new critical minerals strategy
A tanker entered Ras Lanuf port to ship 600,000 barrels of crude, it said, while another has arrived at the Zueitina oil terminal. Earlier on Wednesday a tanker docked in Es Sider oil terminal to ship one million barrels of crude to Italy, according to NOC
The National Iranian Oil Company (NIOC) and Russian gas producer Gazprom signed on Tuesday a memorandum of understanding worth around $40 billion. The deal was signed during an online ceremony by the CEOs of both companies
Asian buyers are ramping up palm oil purchases to replenish inventories after prices corrected to their lowest in a year and as top producer Indonesia has scrapped levies on exports. Buying by leading Asian importers such as India, China and Pakistan could support Malaysian palm oil
Paris - France's government is offering to pay 9.7 billion euros ($9.85 billion) to take full control of EDF, in a buyout deal that gives it a free hand to run Europe's biggest nuclear power operator as it grapples with a continent-wide energy crisis
Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of "extraordinary" circumstances, upping the ante in an economic tit-for-tat with the West over Moscow's invasion of Ukraine
EMSA’s remotely piloted aircraft is in operation in the vicinity of the Strait of Gibraltar providing the Spanish Ministry of Transport, Mobility and Urban Agenda with the capacity to monitor sulphur and nitrogen emissions of passing ships
South Korea’s largest container line HMM is set to spend 15 trillion won ($11.4 billion) by 2026 on business diversifications to deal with the volatile global shipping industry and become a major global player
German conservative politicians have revived debate on extending the life of the country's three remaining nuclear power plants, and polls show a rise in public support for the energy source in the face of a possible cut-off of Russian gas
Environmentalist groups in Germany and the Netherlands are challenging plans for a new gas field in the North Sea, a German non-profit organisation said on Friday, possibly complicating Europe's hunt for alternatives to Russian fuel
The total throughput of Port of Antwerp-Bruges was 147.2 million tonnes in the first six months of 2022, an increase of 1.3% compared with the same period last year. Statistics confirm its strengthened position as a unified port
