Venezuela’s loss of a key U.S. license that allowed it to freely export and increase investment in its oil sector will hit the volume and quality of...
Crude Oil Price Movements
In March, the OPEC Reference Basket (ORB) value increased by $2.99, or 3.7%, m-o-m, to average $84.22/b. Oil futures prices averaged...
Energy firm Saudi Aramco is potentially reviewing operational strategies as the oil giant engages in discussions with drilling companies to suspend its offshore processes...
Russia remained China’s top oil supplier in the first two months of this year, data showed on Wednesday, as Saudi supply cuts continued.
China’s imports...
Russia’s state oil tanker company PJSC Sovcomflot said that US sanctions are putting pressure on its operations, the latest sign that the measures are...
Wärtsilä’s announced its interim report for the period January–March 2026.
January–March 2026 highlights
Total order intake increased by 10% to EUR 2,099 million (1,902), while the...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...
A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...
The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains.
However, downward pressure is...
