FBI and US Coast Guard investigators have found evidence that hackers accessed the propulsion system of an oil supertanker as it was approaching the Texas coast this summer, according to US officials familiar with the matter, an extraordinary breach that highlights the growing physical risks from cyberattacks.
Middle East crude exports recently climbed to their highest levels since the start of the Iran war as more Gulf producers resume transit through the Strait of Hormuz – despite the continued threat of Iranian attacks. Yet oil prices remain stubbornly elevated, suggesting logistical problems are proving as disruptive as outright supply losses.
Saudi-backed Yemeni government forces have secured effective control of the Bab el-Mandeb Strait, Yemen's Information Minister Moammar al-Eryani told Reuters on Monday, though fighting continues with Houthi forces in the area.
Strong freight markets kept aging vessels trading through the third quarter despite rising scrap prices and strong demand from ship recyclers, according to a new market review from GMS, the...
The security situation in the Strait of Hormuz deteriorated further over the weekend as UK Maritime Trade Operations reported several additional tanker attacks and a separate incident in which Iran’s...
By Mark Smith, Director – Decarbonisation, NorthStandard While corn, sugarcane, wheat, or vegetable oils can be converted into fuel, their use for foodis driving demand to develop waste or bi-products from agricultural, forestry, food-processing and other biological industries as more prudent alternatives. Bio-residues can, for example, be used to derive fuels or fuel...
Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers and logistical constraints cloud the outlook for sustained higher flows.
Shipments of liquefied natural gas through the Strait of Hormuz extended a rebound that began in September, as the region’s producers seek to restore supplies to energy-starved customers.
The number of shadow-fleet vessels carrying Russian oil and LNG through the Northern Sea Route has surged this summer, according to a new analysis by the Bellona Environmental Transparency Center, raising concerns about the ability to respond to accidents in one of the world's most remote shipping environments.
PHUKET, Thailand, Oct 4 (Reuters) – The US aircraft carrier George H.W. Bush arrived in Thailand’s resort island of Phuket on Sunday with about 4,800 personnel aboard for a rest-and-recreation break after...
By Florence Tan SINGAPORE, Oct 5 (Reuters) – Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed...
By Yomna Ehab and Siyi Liu Oct 5 (Reuters) – Saudi Arabia has unexpectedly cut November crude oil prices for Asia while it raised those for northwest Europe and the...