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Eight OPEC+ Members to Pause Output Hike for Q1 2026
Nov 3, 2025 ... Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman, which had previously implemented voluntary cuts beyond OPEC+ targets, confirmed they will increase output by 137,000 b/d in December from ...
Oil Trading Flat Despite Analysts Bracing For U.S. Invasion Of Venezuela
Oct 31, 2025 ... or treat?” said adding that the brash billionaire also denied a planned attack on Iran before carrying out airstrikes against the Islamic Republic. Flynn added, “There definitely was an impact ...
Nordic Council Backs Regulation to Cut Arctic Black Carbon Emissions
Oct 31, 2025 ... is December 5, ahead of the IMO's Pollution Prevention and Response meeting (PPR13) in February 2026. Black carbon, a powerful climate pollutant from burning oil-based fuels, speeds up ...
Yang Ming Confirms Order for Six Methanol-Ready Boxships
Oct 31, 2025 ... majority of vessels with similar notations have yet to undergo conversion, highlighting the industry's phased approach to future fuel ...
INTERVIEW: New Quadrise CEO Seeks to Expand Emulsion Fuel Trials
Oct 31, 2025 ... firm Quadrise is seeking to expand trials of the firm's emulsion fuels in the shipping industry. Peter Borup took on the role of Quadrise CEO as of October 1, having previously served as CEO ...
Shipping Awaits Clarity on US-China Port Fee Suspension
Oct 31, 2025 ... International Chamber of Shipping (ICS) and other industry experts have welcomed reports of a one-year US-China port fee suspension, but are waiting for further details. ICS has been in talks ...
Corvus Energy to Supply Battery Systems for Japanese Electric Tug
Oct 31, 2025 ... firm Corvus Energy has won a contract to supply battery systems for NYK Line’s new electric tugboat. The electric tugboat is expected to start operations by the end of 2026, Corvus ...
Lukoil to Sell Overseas Assets to Trading Firm Gunvor
Oct 31, 2025 ... permits and other authorizations in other applicable jurisdictions, Lukoil said. "If necessary, the parties plan to apply for extension of the existing OFAC license and any additional ...
U.S./China Trade Truce Fails To Sway Range Bound Oil Trading
Oct 30, 2025 ... and getting tough on the illicit fentanyl trade. The sanctions against Russia remained of secondary interest to oil analysts on Thursday, even though hostilities between the former Soviet Union ...
VPS: After the IMO Delay, Focus Should Shift to EU-ETS and FuelEU Maritime
Oct 30, 2025 ... 2025 to delay the IMO's Net Zero Framework by one year has caused waves across the shipping industry, generating opinions and comments from many industry stakeholders. As a consequence of this ...