By Craig Erlam Stock markets are ending the week on a positive note although broadly speaking, it doesn’t seem we’ve progressed in either direction over recent weeks. Trading has become very choppy
International oil companies (IOCs) are maintaining their output plans, despite increasing demand and output of electric vehicles and emission targets that should match zero-carbon ambitions over the next two decades. ExxonMobil is
Israel’s first-ever stream of crude oil exports to global markets was launched from Energean’s Karish development in the eastern Mediterranean. The crude shipment was loaded this week from the Energean Power Floating
Good news for the local shipping industry, as a major ship-owning company registered in Bermuda and listed on the New York Stock Exchange has reportedly initiated the transfer of its activities to
Cyprus, Greece, and Malta have raised concerns about the need to ensure a level playing field in implementing a cap on the price of Russian oil transported by ship to third countries,
A Singapore-flag crude oil tanker was refloated Thursday and is headed to a nearby Saudi port after being stranded and briefly blocking the Suez Canal. Tugboats from the Suez Canal Authority released
Nicosia has welcomed the toughest EU sanctions against Russia for invading Ukraine, with Brussels banning oil imports to the bloc. European Union leaders have agreed an embargo on Russian oil imports that
Every way you turn, problems abound, and the good news is few and far between. The bottom line is that the global energy crisis will worsen before it gets better. I summarise
Nicosia argues that EU-proposed sanctions to ban Russian crude imports will push Cyprus to double-digit inflation. Finance Minister Constantinos Petrides said the oil embargo on Russia, the ban on Russian oil supplies,
Facing public pressure from spiralling electricity and gas prices while trying to stem imports from Russia, Greece’s prime minister Kyriakos Mitsotakis made a spectacular U-turn on energy policies. Within two weeks, he
