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Asian Countries Looking to Release Oil Reserves after U.S. Request

Nov 18, 2021

The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices.The U.S. move reflects frustration…

U.S. Calls on Nations to Set Bold Offshore Wind Targets

Nov 05, 2021

A top U.S. official on Thursday challenged nations to join the United States in setting aggressive goals to expand electricity production from offshore wind.Interior Secretary Deb Haaland issued the call during an appearance at the United Nations climate change conference in Glasgow…

Nearly 90 Countries Join Pact to Slash Methane Emisions

Nov 02, 2021

Nearly 90 countries have joined a U.S.- and EU-led effort to slash emissions of the potent greenhouse gas methane 30% by 2030 from 2020 levels, a pact aimed at tackling one of the main causes of climate change, a senior Biden administration official said…

Oil Rises to Multi-year Highs on Global Energy Crunch

Oct 11, 2021

Oil prices rose by about 2% on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers.Brent crude was up $1.45, or 1.8%, at $83.84 a barrel by 1336 GMT…

Nord Stream 2 Pipeline 99% Complete

Jul 29, 2021

The much-politicized Nord Stream 2 undersea gas pipeline from Russia to Germany is 99% complete, the pipeline operator said on Wednesday, after the pipelay vessel Akademik Cherskiy finished its initially planned workload.The $11 billion Nord Stream 2…

U.S. and Germany Strike Nord Stream 2 Pipeline Deal

Jul 22, 2021

The United States and Germany on Wednesday unveiled an agreement on the Nord Stream 2 gas pipeline under which Berlin pledged to respond to any attempt by Russia to use energy as a weapon against Ukraine and other Central and Eastern European countries…

As Iran Eyes End of Oil Export Sanctions, will Former Asia Clients Buy?

May 21, 2021

As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they'll wait for the U.S. green light before investigating terms under which they might buy Iran's oil again…

Germany's Greens Promise to Scrap Nord Stream 2 Pipeline After Election

Mar 22, 2021

Germany's Greens have enshrined in their election programme plans to abolish the contested Nord Stream 2 pipeline to ship Russian gas to Europe's biggest economy, creating a hurdle to a potential alliance with the conservatives.Chancellor Angela Merkel's conservatives…

Reuters: Germany Bets U.S. Will Make the Best of 'Bad deal' Nord Stream Pipeline

Mar 16, 2021

Germany is betting the U.S. administration will take a pragmatic approach to the Nord Stream 2 project to ship Russian gas to Europe and is pushing for the pipeline’s completion in defiance of U.S. opposition, officials and diplomats said.To try to block the $11 billion project…

Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry

Jan 20, 2021

U.S. President Joe Biden on Wednesday announced America's return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming…

U.S. Imposes Sanctions on Vessel Bound for Nord Stream 2 Pipeline

Jan 20, 2021

The United States on Tuesday imposed sanctions on a ship involved in building the Nord Stream 2 pipeline to take Russian natural gas to Europe, as the Trump administration sought to raise pressure on the project on its last full day in office…

Israel and Four Arab States Discuss Energy Sector

Jan 15, 2021

Israel's energy minister held a video conference call with his counterparts in the United Arab Emirates, Morocco, Sudan, and Bahrain for the first time on Thursday, according to a statement from his office.The Israeli minister, Yuval Steinitz…

Report: Nord Stream 2 Set to Resume Pipelaying Works in Danish Waters

Jan 14, 2021

The Russia-led Nord Stream 2 consortium said on Thursday that work to lay its subsea gas pipeline to Germany would resume in Danish waters on Jan. 15, the TASS news agency reported, despite pressure from the United States for construction to stop…

Nord Stream 2 to Start Laying Gas Pipes in Danish Waters

Dec 23, 2020

The Russia-led Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters after construction was suspended for a year owing to the threat of sanctions from the United States, according to a Danish maritime regulator.Nord Stream 2…

Biden Set to Announce Picks for Core Climate and Energy Jobs

Dec 16, 2020

U.S. President-elect Joe Biden is close to announcing a slate of Cabinet nominees who will be central to his administration’s sweeping plan to fight climate change, according to sources familiar with the matter.The picks include a diverse list of nominees to head the departments of Energy…

Logistics News

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CMA CGM Caps Logistics Push with $5 Billion Bollore Deal

Jozwiak Joins GLO Marine as Green Transition Lead

Jozwiak Joins GLO Marine as Green Transition Lead

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Germany Opens Remote-Controlled Center for Inland Shipping

Tanker Backlog Grows in Venezuela as PDVSA Struggles to Deliver Oil

Tanker Backlog Grows in Venezuela as PDVSA Struggles to Deliver Oil

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