Japan's biggest oil and gas explorer, Inpex said on Friday it had exercised its pre-emptive rights to buy a 0.735 per cent stake in its Ichthys liquefied natural gas project in Australia from JERA, blocking a deal agreed with MidOcean…
Crude oil flows out of the Strait of Hormuz reached 33.7 million barrels so far in the week starting September 20, preliminary ship-tracking data from Kpler showed on Friday, putting exports roughly on track with the previous week's levels.The traffic…
The cost of insuring an oil tanker loaded from Saudi Arabia's main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer's struggles to find a viable channel for its exports.Saudi Arabia…
The Norwegian Government has allocated NOK208 million ($21.9 million) to 11 port projects to improve logistics, port operations and maritime capacity. Managed by the Norwegian Coastal Administration on behalf of the Ministry of Trade, Industry and Fisheries, the funding is…
Italian shipbuilder Fincantieri has delivered the seventh Thaon di Revel-class multi-purpose offshore patrol vessel Domenico Millelire to the Italian Navy during a ceremony in Muggiano, La Spezia, on September 24.
Lithuania's Klaipėda Port Authority has launched a construction tender to develop the southern section of the port, which involves creating 100 hectares of new land.
