Focus on Oil
Peru’s niche Bretaña crude oil gains popularity in US
The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.
Oil shipping rates surge after US sanctions hit availability
Supertanker freight rates soared after U.S. sanctions on Russia, prompting traders to rush to book vessels from elsewhere.
Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports
Will the EU shun Russian gas by 2027, or could peace spark a U-turn, reshaping Russia’s gas export strategy?
Dozens of oil tankers drop anchor after latest US sanctions bite
US sanctions on Russian oil spark a halt in tanker trade, with 65 vessels anchored near China, Russia, and Singapore.
US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit
US Supreme Court rejects oil firms' appeal to dismiss Honolulu's climate lawsuit accusing them of decades-long deception.
Russia faces higher costs on sea-borne oil exports due to new US sanctions
US sanctions targeting Russia's shadow fleet and oil trade complicate Moscow's exports, raising global oil prices by six per cent.
Trump’s energy agenda: More drilling, less renewables, and a second exit from the Paris Agreement
Trump plans to expand drilling, halt offshore wind projects, boost gas exports, and re-exit the Paris Agreement.
