Petrobras identified another oil-bearing interval while drilling deeper exploratory sections of the Morpho well in block FZA-M-59 off Amapá, Brazil, the company said on Friday, October 2.The well, also designated 1-BRSA-1405-APS, is in 2,886 metres of water in the Foz…
Observers have noted that a large vessel backlog appears to be building in the Baltic and the Gulf of Finland as vessels wait to reach Russian ports.
Fassmer’s shipyard in Berne, Germany, hosted the launch of Sentinel, the Republic of Singapore Navy’s (RSN) first offshore patrol vessel (OPV) of the Sentinel class, on Thursday, October 1.Singapore’s Ministry of Defence said the four OPVs, built specifically for the…
September 29, 2026 · 1 day ago Positioned to bolster Europe’s energy security, a multibillion-euro gas project is rapidly advancing toward its launch. OMV Petrom, Southeastern Europe’s integrated energy player, and Romgaz, Romania’s largest producer and main supplier of natural…
In a development which has surprised even traders in the London LNG commodities market, prices for LNG have been falling and come off year-long peaks in recent days, despite there being no agreement on a return to normality in the…
The Baltic Exchange's dry bulk freight index fell to a more than one-month low on Wednesday, weighed down by a decline in Capesize rates, while Panamax rates also weakened.
