Russia Says It Won’t Accept Oil Price Cap

By Caleb Davis and Mark Trevelyan Dec 3 (Reuters) – Russia “will not accept” a price cap on its oil and is analyzing how to respond, the Kremlin said in comments reported…

By Caleb Davis and Mark Trevelyan Dec 3 (Reuters) – Russia “will not accept” a price cap on its oil and is analyzing how to respond, the Kremlin said in comments reported...

Iranian Oil Cargo Previously Seized by U.S. Unloads in Syria

LONDON, Dec 2 (Reuters) – An Iranian-flagged tanker on Friday delivered an oil shipment to Syria which the United States had previously confiscated around Greece, ending months of uncertainty about the cargo,…

LONDON, Dec 2 (Reuters) – An Iranian-flagged tanker on Friday delivered an oil shipment to Syria which the United States had previously confiscated around Greece, ending months of uncertainty about the cargo,...

Fiber-Optic Cable Linking Europe and Asia via the Arctic Secures First Investment

By Anne Kauranen HELSINKI, Dec 2 (Reuters) – A plan to build the first fiber-optic cable across the Arctic has secured its first investment, the consortium behind the 1.1 billion euro ($1.15…

By Anne Kauranen HELSINKI, Dec 2 (Reuters) – A plan to build the first fiber-optic cable across the Arctic has secured its first investment, the consortium behind the 1.1 billion euro ($1.15...

TotalEnergies Joins Ammonia-Fueled Tanker Project

LONDON, Dec 2 (Reuters) – France’s TotalEnergies said it has joined a shipping project building test tankers which can be powered by ammonia, part of moves to speed up maritime industry decarbonisation. Widely used in…

LONDON, Dec 2 (Reuters) – France’s TotalEnergies said it has joined a shipping project building test tankers which can be powered by ammonia, part of moves to speed up maritime industry decarbonisation. Widely used in...

Germany and Norway Want NATO to Protect Subsea Infrastructure After Nord Stream Attacks

By Andreas Rinke and Matthias Williams BERLIN, Nov 30 (Reuters) – The leaders of Germany and Norway said on Wednesday they would jointly ask NATO to coordinate the protection of Europe’s subsea…

By Andreas Rinke and Matthias Williams BERLIN, Nov 30 (Reuters) – The leaders of Germany and Norway said on Wednesday they would jointly ask NATO to coordinate the protection of Europe’s subsea...

EU Agrees to $60 a barrel Price Cap on Russian Seaborne Oil, Says Diplomat

By Jan Strupczewski BRUSSELS, Dec 1 (Reuters) – European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne oil – an idea of the Group of…

By Jan Strupczewski BRUSSELS, Dec 1 (Reuters) – European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne oil – an idea of the Group of...

EU Strikes Deal to Include Shipping in its Carbon Market

By Kate Abnett BRUSSELS, Nov 30 (Reuters) – The European Union has agreed to add shipping to its carbon market for the first time, forcing vessels to pay for their planet-heating emissions and increasing pressure…

By Kate Abnett BRUSSELS, Nov 30 (Reuters) – The European Union has agreed to add shipping to its carbon market for the first time, forcing vessels to pay for their planet-heating emissions and increasing pressure...

Venezuelan Oil Exports Flow Using False Documents, Ships Linked to Iran

By Marianna Parraga and Jonathan Saul HOUSTON/LONDON, Nov 30 (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for…

By Marianna Parraga and Jonathan Saul HOUSTON/LONDON, Nov 30 (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for...

Convicted Nigerian Pirate Avoids Sentence in Denmark

COPENHAGEN, Nov 28 (Reuters) – A Danish court on Monday found a Nigerian man guilty of endangering the lives of Danish military personnel in a shooting incident last November involving Denmark’s navy and a…

COPENHAGEN, Nov 28 (Reuters) – A Danish court on Monday found a Nigerian man guilty of endangering the lives of Danish military personnel in a shooting incident last November involving Denmark’s navy and a...

Russia Oil Turmoil Seen Driving Tanker Market Higher

By Jonathan Saul LONDON, Nov 28 (Reuters) – Tough new sanctions on Russian oil shipments taking effect from December are likely to boost already high tanker rates as buyers race to replace…

By Jonathan Saul LONDON, Nov 28 (Reuters) – Tough new sanctions on Russian oil shipments taking effect from December are likely to boost already high tanker rates as buyers race to replace...