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oil-and-energy

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Cyprus petions The Hague to safeguard offshore rights

Athens - Cyprus has petitioned the International Court of Justice (ICJ) in The Hague to safeguard its offshore mineral rights, its president said on Thursday, upping the ante with neighbor Turkey which disputes its claims

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CMA CGM and Total to develop LNG ship refuelling

Paris - Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refuelling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total

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Global oil demand growth “to slow from 2025”

London - Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but is unlikely to peak in the next two decades, says the IEA

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Japan marks 50 years of LNG imports

Tokyo - Japanese gas buyers on Wednesday marked the 50th anniversary since the first cargo of liquefied natural gas arrived in Japan, now the world’s biggest importer of the fuel

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Venezuela pledges funds for shipyard

Caracas - Venezuelan President Nicolas Maduro on Sunday pledged funds for a state-owned Argentine shipyard to finish building two long- overdue tankers for state oil company Petroleos de Venezuela

oil and energy

Saudi Arabia approves listing of Aramco

Riyadh - Saudi regulators on Sunday approved state energy giant Aramco’s request to make its stock market debut, firing the starting gun on the highly anticipated offering which could be the world’s largest. The announcement paves the way for a domestic stock listing of Aramco

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Russian icebreaker makes “accidental Mayday”

Oslo/Moscow - A Russian icebreaking vessel with 33 people on board made a Mayday call during a storm off the coast of western Norway on Tuesday but Russian authorities said the distress signal had been issued by accident

finance and politics

For Russian business, big dreams in Africa / FOCUS

Moscow - From diamonds and arms to nuclear power and oil, Russia has major business ambitions in Africa, even if it is coming late to the party. Western countries like France and the United States are deeply entrenched in African economies and in recent years China has emerged

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France urges EU tax on airplane and ship fuel

Paris - France wants the European Union to work on creating a tax on airplane and ship fuels as part of a push to rein in carbon emissions, French Finance Minister Bruno Le Maire said on Tuesday

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Cargo ship runs aground in Corsica

Rhone - General cargo ship Rhodanus ran aground on southern coast of Corsica near Bonifacio, at around two on Oct 13th, while en route from Taranto Italy to Rhone France

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Iran decries “cowardly attack” on oil tanker

Dubai - An Iranian government spokesman on Saturday described as a “cowardly attack” an incident that Iranian media have called the apparent targeting by missiles of an Iranian-owned oil tanker