A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production ...

Fortescue inks fresh deal in support of emissions-free shipping, chartering an ammonia-powered vessel to transport iron ore ...

Fortescue and Bocimar, part of CMB.TECH, have signed an agreement for an ammonia-powered Newcastlemax featuring a dual fuel engine. The 210,000-dwt vessel is part of CMB.TECH’s series of large dry ...

Mineral Resources has blasted oil and gas giant Chevron as it fights to avoid paying onerous shipping levies on every tonne ...

“The U.S. is finally starting to wake up to figuring out ways to lessen that dominance that China has in these markets and ...

MOL completes biofuel bunkering on capesize bulk carrier MIDNIGHT DREAM in Singapore. Find the latest news from the maritime ...

China Merchants Energy Shipping (CMES) posted its operating income for its 2024 financial year as slightly down by 0.32% to ...

TOKYO : Toyota will keep running its operations as it has been and focus on bringing down fixed costs, it said on Monday, not expressing any intention to raise vehicle prices in response to U.S ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Copper is facing a looming critical supply gap but Australian tech startup NextOre is addressing that with MRI style tech to make production cheaper and more environmentally sustainable.

China’s Seacon Shipping has reported a stellar financial performance for 2024. The Hong Kong-listed company posted revenue of $282m, a 9% increase from $259m in 2023, driven by higher rates last year.

The Group of Seven countries, in coordination with the EU, imposed the price cap in late 2022 that blocked access to Western shipping services and insurance if Russian oil was purchased at more ...