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Nord Stream 2 says pipe-laying vessel has started works in Danish waters
European Union lawmakers passed a resolution on Thursday calling for the bloc to stop the completion of the Nord Stream 2 in response to the arrest of Kremlin critic Alexei Navalny
read more... 25/01/2021
Western Companies Abandon Russia-Led Nord Stream 2 Project
The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are said to have abandoned links to the project for fear of sanctions.
read more... 21/01/2021
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Daily (06.01.2020): Oil prices surged by about 5% on Tuesday amid OPEC output deal, Iran tensions
Crude oil futures rallied on Tuesday, after OPEC+ reached an agreement on production curbs starting in February, with Saudi Arabia voluntarily taking on a larger reduction. Continuing tensions over Iran’s seizure of a South Korean vessel brought further support to oil prices. Hence, Brent crude jumped by $2.51, or 4.9%, to settle at $53.60 a barrel. Meanwhile, U.S. WTI crude surged by $2.31, or 4.9%, to close at $49.93 a barrel.
read more... 06/01/2021
India's coal import drops 19 per cent to 117 million tonnes during April-October this fiscal
India had imported 143.63 MT of coal during the corresponding period of FY 2019-20, according to a provisional compilation by mjunction services, based on monitoring of vessels' positions and data received from shipping companies.
read more... 07/12/2020
Norway plans heavy oil ban around Svalbard
The Norwegian government has announced plans to ban heavy fuel oil (HFO), a dirty marine fuel that propels most vessels, around its Svalbard archipelago in the Arctic Ocean. The effort comes as UN efforts have been deemed too slow.
read more... 10/11/2020