Sunday, November 15, 2026

Oil

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Oil

Offshore intervention and P&A contract in Brazil awarded to Halliburton

Halliburton announced it has been awarded a contract by Petrobras to provide a full range of services in Brazil for integrated well interventions and...

India now depends on Russia for 40% of its crude oil imports

“During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average...

US drillers cut oil and gas rigs for first time in three weeks – Baker Hughes

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services...

OPEC oil output rises in July on Saudi rebound, survey finds

OPEC oil output rose in July, a Reuters survey found on Friday, as a rebound in Saudi Arabian supply and small increases elsewhere offset...

Fairwater, the newest Jones Act Energy and Chemical Transportation Provider, formally launches

Crowley and SEACOR jointly announced the successful formation of Fairwater Holdings LLC. Fairwater, an independent U.S. company, integrates Crowley and SEACOR’s petroleum and chemical...

Saudi Arabia’s Bahri reports 15% jump in Q2 revenue on year on oil, chemicals

The National Shipping of Saudi Arabia, or Bahri, attributed a 15% year-on-year increase in revenue in the second quarter to better oil and chemicals...

China’s Iranian crude imports find new market in northeast

Imports of Iranian crude have been flowing into the port and refining city of Dalian since late last year, tanker tracking firms and trading...

Iran releases oil from seized tanker ‘St Nikolas’

Iran has released the oil cargo of a Greek-owned, Marshall-Islands-flagged tanker it seized in the Gulf of Oman earlier this year, a shipping source...

Indonesia seeks Russian oil for the first time in years, sources say

Indonesian refiner Pertamina has added Russian oil grades to its tender lists to buy September crude, three traders said on Monday. Pertamina hasn’t purchased Russian...

China’s H1 crude imports from top supplier Russia up 5% on year

China’s crude oil imports from top supplier Russia fell 20% in June year-on-year, bringing the total for the first half of 2024 up 5%,...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...