Saudi Aramco has offered more oil for loading outside the Strait of Hormuz in September, four sources with knowledge of the matter said on Wednesday, after the producer sold at least four million barrels to China this month.Shipping data indicates…
China's COSCO Shipping Specialised Carriers Group reported operating revenue of CNY14.45 billion ($2.12 billion) for the first half of 2026, up 34.07 per cent from the same period in 2025.
Oil prices rose in a choppy session on Wednesday, as investors monitored talks between Iran and Oman on the Strait of Hormuz and a smaller-than-expected rise in US crude stocks.Brent crude futures were up 48 cents, or 0.54 per cent,…
Caspian CPC Blend oil exports are planned at 1.5 million barrels per day for September, steady to lower from 1.5-1.6 million bpd in August amid maintenance at the Karachaganak oilfield, three traders said.Actual CPC Blend oil loadings next month might…
[By: Kongsberg Maritime] Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by Solstad Offshore and SBM Offshore.
The targeting of commercial shipping, primarily in the Black Sea, continues as both Russia and Ukraine have escalated their efforts this summer. Ukraine has mostly been focusing on the oil sector in Russia and aiming to cut off supplies to…
