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Russia’s Crude Exports Slip While Ships Seek to Avoid Detection
News
May 20, 2025
From 
Bloomberg
 via 
gCaptain

Russia’s Crude Exports Slip While Ships Seek to Avoid Detection

Russia's oil exports are becoming increasingly difficult to track as the tankers moving the barrels disappear from digital tracking systems. Moscow’s exports slipped slightly in the past four weeks, according to monitoring of those flows by Bloomberg.
EU Likely to Propose to G7 Lowering Price Cap on Russian Oil to $50 per Barrel
News
May 19, 2025
From 
Reuters
 via 
gCaptain

EU Likely to Propose to G7 Lowering Price Cap on Russian Oil to $50 per Barrel

The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis Dombrovskis said on Monday.
Taiwan Seeks LNG Cargoes After Shutting Last Nuclear Reactor
News
May 19, 2025
From 
Bloomberg
 via 
gCaptain

Taiwan Seeks LNG Cargoes After Shutting Last Nuclear Reactor

Taiwan is seeking liquefied natural gas shipments following the shutdown of its last nuclear reactor, a move that will increase the island’s reliance on the seaborne fuel.
Nuclear Plant Shutdown Leaves Taiwan Facing Energy Crunch
News
May 18, 2025
From 
Bloomberg
 via 
gCaptain

Nuclear Plant Shutdown Leaves Taiwan Facing Energy Crunch

By Sing Yee Ong and Cindy Wang May 16, 2025 (Bloomberg) –In 1996, a rust-streaked freighter carrying barrels of nuclear waste attempted to dock at Orchid Island off the southeast coast...
Frigate Touted By Trump Is Among Navy’s ‘Least Performing’ Programs
News
May 17, 2025
From 
Bloomberg
 via 
gCaptain

Frigate Touted By Trump Is Among Navy’s ‘Least Performing’ Programs

By Tony Capaccio May 13, 2025 (Bloomberg) –A $22 billion frigate project that President Donald Trump once touted as “the most beautiful, they look like yachts” was among the US Navy’s...
Guyana Passes Bill Making Companies Liable For Oil Spill Damages
News
May 17, 2025
From 
Reuters
 via 
gCaptain

Guyana Passes Bill Making Companies Liable For Oil Spill Damages

GEORGETOWN, May 17 (Reuters) – Guyana’s parliament passed an oil pollution bill late on Friday that holds parties liable for damages caused by oil spills, including from vessels. The bill, which passed with a majority...
US LNG Exporters Push Forward New Projects Despite Trade War Uncertainty
News
May 16, 2025
From 
Reuters
 via 
gCaptain

US LNG Exporters Push Forward New Projects Despite Trade War Uncertainty

Woodside Energy's decision last month to proceed with its Louisiana LNG export facility was the first of over 90 million tonnes of new LNG shipping capacity U.S. companies plan to approve this year despite uncertainty about President Donald Trump's trade war, according to company statements and analysts.
Egypt in Talks to Buy LNG Through 2030 to Offset Weak Production
News
May 16, 2025
From 
Bloomberg
 via 
gCaptain

Egypt in Talks to Buy LNG Through 2030 to Offset Weak Production

Egypt is looking to buy liquefied natural gas through the end of the decade, a move to meet surging summer power demand and supplant flagging domestic production.
Iran Nuclear Deal Would Give a Little Boost to Global Oil Supply
News
May 15, 2025
From 
Bloomberg
 via 
gCaptain

Iran Nuclear Deal Would Give a Little Boost to Global Oil Supply

The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
Estonia Confirms Russia Sent Jet After Attempt to Stop Sanction-breaking Ship
News
May 15, 2025
From 
Reuters
 via 
gCaptain

Estonia Confirms Russia Sent Jet After Attempt to Stop Sanction-breaking Ship

Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
US-China Trade Clash Risks Making Europe Dumping Ground for Cheap Goods
News
May 15, 2025
From 
Bloomberg
 via 
gCaptain

US-China Trade Clash Risks Making Europe Dumping Ground for Cheap Goods

China’s widening trade surplus with the European Union is fueling fresh concerns that the 27-nation bloc risks becoming a dumping ground for cheap goods in the volatile tariff confrontation between Washington and Beijing.
South Africa’s Transnet, Union in Talks to Avoid Strike
News
May 14, 2025
From 
Bloomberg
 via 
gCaptain

South Africa’s Transnet, Union in Talks to Avoid Strike

(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off...