OPEC remains bullish on 2024 oil market fundamentals despite global economic uncertainty, supply growth from outside the group and a recent fall in oil...
China’s crude oil imports dropped to their weakest in four months in November, showing how high prices trumped bullish demand forecasts from leading industry...
China’s crude oil imports in November fell 9.2% year-on-year, customs data showed on Thursday, in the first annual decline since April as high inventory...
OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go alongside Saudi Arabia’s much-anticipated extension of its voluntary reduction...
Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at sea...
Argentina’s oil producers will be barred from exports unless they increase fuel supplies to address shortages in the country, Economy Minister and presidential candidate...
U.S. waterborne imports of crude from OPEC+ members including Saudi Arabia have dropped steadily over the last year, further tightening supplies in the U.S....
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...