Russian fuel tanker heads to Cuba following ship-to-ship transfer off Cyprus
A Russian-sourced fuel shipment, transferred ship-to-ship off the coast of Cyprus, is en route to Cuba, a nation grappling with severe energy shortages. This maneuver directly challenges the existing
Oil Holds Near Six-Month High
Crude oil prices are currently trading at their highest levels in half a year, a direct consequence of escalating geopolitical risks and a notable draw-down in
Rigzone·Feb 20
US Oil Drilling Activity Still Going Nowhere
New data from Baker Hughes indicates that the total number of active oil and gas drilling rigs in the United States remained unchanged this week at 551, a figur
OilPrice·Feb 20
Wood Mackenzie Says Big Oil’s Strategy Has Snapped Back to Upstream
Major international oil companies are decisively shifting their strategic focus back to core upstream oil and gas production, according to analysis by Wood Mack
OilPrice·Feb 20
FT Uncovers $90 Billion Russian Oil Smuggling Operation
A recent Financial Times investigation has revealed a sophisticated network of nearly fifty entities orchestrating the covert movement of Russian crude oil valu
OilPrice·Feb 20
Feb 20
U.S.-Iran Tensions Threaten to Send Oil Tanker Rates Soaring
OilPrice
Feb 20
Transocean’s backlog stands at $6.1 billion in the wake of $610M rig deals
Offshore Energy
Feb 20
Surging Oil Tanker Rates Tipped to Go Even Higher
Rigzone
Feb 20
USA Crude Oil Stocks Drop 9MM Barrels WoW
Rigzone
Feb 20
$20 billion Asian LNG project moves forward with environmental clearance
Offshore Energy
Feb 20
Oil Bulls Regain Control as Middle East Risks Escalate
OilPrice
Feb 20
China Hikes Russian Crude Imports as India Retreats
OilPrice
Feb 20
Rig gigs of $900 million push Valaris’ backlog to $4.7 billion
Offshore Energy
Feb 20
One vessel leaving its fleet as DOF moves to bring in 2011-built duo