Latest news

Asia
May 6, 2025

Seven migrants are missing after a suspected crossing of the California coast.

The U.S. Coast Guard announced on Tuesday that the search for seven missing people from a small capsized boat off California near San Diego was called off...

Transport Infrastructure
May 6, 2025

Trump to host DP World Tour Scottish Championship

The DP World Tour Scottish Championship will be held at the golf course of U.S. president Donald Trump in Aberdeenshire, tour organisers announced on Tuesday. The tournament,...

Transportation
May 6, 2025

EU plan to phase-out Russian gas by 2027

It said that the European Commission would propose next month legal measures for the EU to gradually phase out its imports of Russian gas, including liquefied gas,...

Transportation
May 6, 2025

Minister: Russia's budget for 2025 does not include any Gazprom dividend.

The budget plan for Russia does not include a dividend from state-owned energy company Gazprom this year, said Finance Minister Anton Siluanov to reporters on Wednesday. Gazprom’s...

Transportation
May 6, 2025

Constellation is focusing on grid-connected AI power projects

Constellation Energy has shifted its focus to data centers that are connected to the U.S. grid, moving away from its previous focus on powering giant server warehouses...

Transportation
May 6, 2025

Nigeria's Renaissance stops oil production via pipeline after spill

The independent oil company said that after a spill in Rivers State, Nigeria's Renaissance Africa Energy Co. Ltd halted oil deliveries via its Okordia - Rumuekpe oil...

Transport Infrastructure
May 6, 2025

Ambrey: RSF drones attacked Port Sudan's container port

Ambrey, a British maritime security company, reported on Tuesday the paramilitary Rapid Support Forces had launched a drone strike on Port Sudan facilities. The attack targeted the...

Transportation
May 6, 2025

Danish trader: Power market can ease grid constraints in Europe

InCommodities, a Danish commodity trader, said that better management of renewable assets on a short-term basis and by balancing the markets could help them integrate into Europe's...

Asia
May 6, 2025

South Korea's MFG purchases about 135,000 T of corn in a private deal

Major Feedmill Group of South Korea (MFG) bought around 135,000 tons of animal feed in a private transaction on Tuesday, without launching an international tender. Two consignments...

East Asia
May 6, 2025

South Korea's MFG purchases 135,000 T of corn in a private deal, traders claim

Major Feedmill Group of South Korea (MFG) bought an estimated 135,000 tons of animal feed in a private transaction on Tuesday, without issuing a tender to the...

East Asia
May 6, 2025

South Korea's KFA purchases about 65,000 t corn in a private deal, traders claim

According to European traders, the Korea Feed Association in South Korea bought an estimated 65,000 tons of animal feed in a private transaction on Tuesday. There was...

Passenger Transportation Services
May 6, 2025

What curbs have India imposed upon Pakistan after the attack in Kashmir?

India and Pakistan, two nuclear-armed neighbors, have announced a series of measures to counter each other's actions after an attack on Hindu tourists in Kashmir killed 26...

Natural Gas Pipeline
May 5, 2025

Alan Armstrong, the CEO of Williams, will step down from his position after 14 years.

Williams Companies announced on Monday that CEO Alan Armstrong would step down from his position after 14 years as the leader of the U.S. Pipeline Operator. Armstrong,...

Oil Pipeline
May 5, 2025

CANADA-CRUDE-Discount on Western Canada Select heavy crude unchanged

The discount between West Texas Intermediate (WTI), the North American benchmark, and Western Canada Select (WCS), heavy crude was unchanged on Sunday. It remained within the historically...

Transport Infrastructure
May 5, 2025

Security sources claim that Sudan's RSF launched a second drone attack on Port Sudan.

Security sources said that Sudan's paramilitary Rapid Support Forces had launched a drone attack on Port Sudan early Tuesday morning, targeting fuel depots. This was a major...

Transportation
May 5, 2025

EU seeks to end remaining Russian gas ties but legal options are limited

The European Union is expected to announce on Tuesday a roadmap for the phase-out of the remaining gas ties between the EU and Moscow. However, in the...

Europe
May 5, 2025

British women rowers attempt second Pacific Ocean crossing

After a dramatic rescue in the middle of the Pacific Ocean and a scramble by international teams to repair their damaged boat, two British women began their...

East Asia
May 5, 2025

Taiwan bids on 99,200 T of wheat with US origin.

European traders reported on Monday that the Taiwan Flour Millers' Association had issued an international tender for an estimated 99.200 metric tons grade 1 milling grain to...

Transportation
May 5, 2025

Russian gas exports to Europe fell by 44% between January and April, according to data

Calculations showed that the Russian energy giant Gazprom’s pipeline gas exports into Europe fell by 44% between January and April compared to a period a year ago...

Transport Infrastructure
May 5, 2025

Bloomberg News reported that Adani's aides met with the Trump team in order to end the U.S. Bribery Case.

Bloomberg News reported that representatives for Indian billionaire Gautam Adani met with officials of the U.S. administration of President Donald Trump to request dismissal criminal charges in...

Passenger Transportation Services
May 5, 2025

Australia's Qantas leaps on the oil price drop and eases fuel cost concerns

The shares of Australia's Qantas Airways soared over 5% to a new high on Monday, following a fall in oil prices as OPEC+ announced a faster increase...

Transport Infrastructure
May 4, 2025

Egypt signs agreement with UAE's AD Ports for the establishment of a logistics zone

AD Ports' managing director announced in a Sunday televised speech that Egypt's Suez Canal Economic Zone had signed a concession agreement with Abu Dhabi Ports Group of...

South-East Asia
May 4, 2025

Malaysia Prime Minister confident on resolving Petronas-Petros dispute

Malaysia's prime minister said that on Sunday, he is confident in the resolution of a dispute between the energy company Petronas owned by the federal state and...

Asia
May 3, 2025

India bans imports of Pakistani goods amid tensions over terrorist killings

India announced on Saturday that it has banned the importation of goods from Pakistan or those transiting through Pakistan, and also barred Pakistani vessels as tensions between...

Natural Gas Pipeline
May 2, 2025

Sources say that I Squared is eyeing a majority stake in the natgas pipeline Matterhorn.

I Squared Capital has been in discussions to purchase a majority stake of the Matterhorn Express Natural Gas Pipeline, according to sources familiar with the situation. The...

Transportation
May 2, 2025

US Army Corps targeting fall decision for Enbridge Line 5 tunnel

The U.S. Army Corps of Engineers announced on Friday that it will make a decision in the fall about whether or not to approve Enbridge's Great Lakes...

Transportation
May 2, 2025

PJM Selects 51 US Projects for Additional Power Generation Capacity

PJM Interconnection announced on Friday that it had selected 51 U.S. project which can be quickly brought online to provide more than 9,300 MW reliable electricity capacity...

Transportation
May 2, 2025

Portugal's power swaps with Spain are still suspended amid a blackout investigation

The energy minister announced on Friday that Portugal supplies electricity to its clients using its own resources, as the power exchanges between Portugal and Spain are still...

Passenger Transportation Services
May 2, 2025

Stocks rise on positive jobs data and signs of trade tensions easing

Wall Street and European shares surged on Friday, while the dollar fell as investors appetite for risk was revived due to a positive U.S. Employment Report and...

Transportation
May 2, 2025

Why did the German spy agency classify AfD, the far-right party, as "extremist"?

The German spy agency classified the far right Alternative for Germany (AfD), on Friday, as "extremist". This allowed it to intensify monitoring of the largest opposition party...

LNG Transportation
May 2, 2025

Asian spot LNG prices drop to new lows of 1 year on weak demand

The price of Asian spot LNG fell to a record low this week due to weak demand. Trade wars also raised concerns about long-term Asian demand. Average...

South-East Asia
May 2, 2025

Media reports that Malaysian Petronas is accused of violating Sarawak State laws

Malaysia's state energy company Petronas announced on Friday that its subsidiary Petronas Carigali received notices from Sarawak State Government regarding its gas distribution and processing rights in...

Asia
May 2, 2025

Heavy rains and strong winds hit Indian capital, killing four people.

The chief minister of the capital territory said that four members of a sleeping family died during a storm in New Delhi, after a fallen tree fell...

North America
May 2, 2025

Four US LNG cargos diverted from Europe to Asia

Analysts and shipping data indicate that four cargoes of LNG bound for Europe have changed their course in Asia over the past two weeks after European prices...

East Asia
May 2, 2025

South Korean mills purchased 35,800 t wheat from US traders, traders claim

European traders reported on Friday that a group of South Korean mills purchased an estimated 35.800 metric tonnes of milling grain to be sourced in the United...

Oil Pipeline
May 1, 2025

CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows; remains historically tight

The discount between the benchmark North American West Texas Intermediate (WTI) futures and Western Canada Select heavy crude (WCS), continued to narrow on Thursday. This trend continues...

Europe
May 1, 2025

Data and sources say that the last Chevron chartered vessel is returning oil cargo to Venezuela.

According to shipping data, and a reliable source, a vessel chartered by Chevron, carrying 300,000 barrels Venezuelan oil, was scheduled to begin discharging in a Venezuelan harbor...

Transport Infrastructure
May 1, 2025

Syria signs 30-year agreement with French shipping giant CMA CGM

A company official confirmed that Syria signed a deal on Thursday with French shipping and logistic group CMA CGM for a 30-year partnership. The agreement includes the...

Europe
May 1, 2025

Ukraine's farm exports fell 23% month-on-month in April, according to lobby.

The Ukrainian agricultural lobby UCAB reported on Thursday that Ukraine's exports of agricultural products fell 23.4% from a year earlier, to 4.1 millions metric tons. This was...

Transport Infrastructure
May 1, 2025

Turkey maintains its commitment to the contested "Kanal Istanbul" project

A government minister announced on Thursday that Turkey will build a canal to relieve the pressure on the Bosphorus Strait once funding is secured. This is despite...

Transport Infrastructure
May 1, 2025

Adani Ports in India beats its quarterly profit forecast on the back of higher cargo growth

Adani Ports and Special Economic Zone in India reported a profit for the fourth quarter that was above expectations on Thursday. The growth of cargo volumes increased...

Passenger Ground & Sea Transportation
Apr 30, 2025

Cargill and LDC among the winners of Brazil's port auction

Cargill and BTG Pactual Commodities, as well as a consortium consisting of Louis Dreyfus, Brazilian grain trader Amaggi and the Louis Dreyfus Group have been awarded rights...

Transportation
Apr 30, 2025

Google funds electrician training as AI power crunch increases

Google announced on Wednesday that it would fund the training of up to tens-of-thousands of new U.S. electrical workers as Big Tech continues its push into the...

Transport Infrastructure
Apr 30, 2025

Indian port operator JSW Infra is looking inwards to ease tariff-hit trade woes

India's JSW Infrastructure stated on Wednesday that it expects cargo volumes to grow in fiscal year 2026 due to the resilience of domestic sectors, and minimized concerns...

Transportation
Apr 30, 2025

Russian ESPO Blend oil shipping rates are at their lowest level since January, traders report

Three traders reported that the freight rates for ESPO blend crude shipped from Russia's port of Kozmino into China in April fell to their lowest level since...

East Asia
Apr 30, 2025

South Korea's FLC purchases about 60,000 metric tonnes of feed wheat, traders claim

The Feed Leaders Committee of South Korea (FLC) purchased around 60,000 tons of animal feed grain from anywhere in the world, without holding an international tender. The...

Transport Infrastructure
Apr 30, 2025

JSW Infra, India's JSW Infra, posts 54% increase in quarterly profit due to higher coal volume

India's JSW Infrastructure announced a 54% increase in its fourth-quarter profits on Wednesday. This was boosted by a volume increase in coal, one of their key cargoes....

Transportation
Apr 30, 2025

Grid says solar is not responsible for the blackout in Spain, but Sanchez was pressed by Sanchez to explain it.

On Wednesday, Spain's grid operator denied that solar power was the cause of Spain's worst blackout in history. Prime Minister Pedro Sanchez is under increasing pressure to...

Transportation
Apr 30, 2025

Equinor anticipates a tight European summer gas supply

The need to replenish Europe's storages that were two-thirds empty following the winter will keep the market tight, and demand an increase in the supply of liquefied...

Asia
Apr 30, 2025

South Korea's KFA purchased about 65,000 t corn from the U.S. privately, traders claim

European traders reported that the Korea Feed Association in South Korea purchased approximately 65,000 metric tonnes of animal feed corn from the United States on Wednesday in...