The recent OPEC+ decision to cut production targets by 2 mbd from November onwards given concerns about a
Last week, OPEC+ agreed to make production cuts of 2 mbd for the next 14 months from November 2022 to
Electric vehicles (EVs) can rightfully claim to be a leading technology to reduce emissions. The uptake of EVs accelerated exponentially
With the global economic picture continuing to be dominated by bearish sentiment, and oil prices falling to lows not seen
Since the start of oil production in 2019, Guyana has been on a consistent upward trend in terms of crude
After many months of intense political negotiations, President Biden signed the Inflation Reduction Act (IRA) into law on 16th of
The IMO’s carbon intensity indicator (CII) and Energy Efficiency Existing Ship Design Index (EEXI) will come into effect
Amidst widespread price increases, it is not surprising that tanker asset values have also been rising
In recent months all clean tanker segments have enjoyed very healthy rates and earnings, which have been essentially driven by
This week, benchmark VLCC earnings (non-scrubber, non eco) surged to over $40,000/day after spending nearly 20 months