Maritime News

The FPSO One Guyana has arrived in drydock at the Keppel shipyard.

Shell is targeting net-zero emissions by 2050.

A fleet of tankers carrying millions of barrels of oil is backed up off the coast of France.

France's oil-processing industry is running at a fraction of normal capacity.

Spain imports more Russian Liquefied Natural Gas than any other European nation.

Canacol said it had made discoveries last year in Colombian blocks Esperanza, SSJN7, VIM5, VIM21, VIM33 and VMM45.

A closely-watched gauge of Asian oil demand is at its tightest level in more than two years.

Oil jumped the most since early February and restored key technical levels after US government promises to protect bank depositors calmed markets.

Oil hovered around 15-month lows as a favored spread for hedge funds to trade plunged with banking turmoil shaking confidence across markets.

Oil posted the worst weekly loss since the early months of the coronavirus pandemic as banking turmoil poisoned investor sentiment.