India has confirmed that its refiners are purchasing crude oil from Iran, marking the clearest official acknowledgement of such trade since 2019 as the country moves to secure fuel supplies amid disruption to flows through the Strait of Hormuz, according to a...

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Five European Union finance ministers have urged the European Commission to draft a bloc-wide windfall levy on energy companies to fund consumer relief as price pressures intensify, according to a joint letter dated April 3 addressed to EU Climate Commissioner Wopke...

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Karpowership’s floating power plant Belgin Sultan has reportedly reached Havana to support Cuba’s electricity system after repeated nationwide grid failures in March, according to Turkish media materials. The unit is said to have been leased from Karpowership, part of...

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Noatum Ports has taken delivery of three ship-to-shore and six rubber tyred gantry cranes for its Safaga terminal in Egypt, marking the shift into operational readiness ahead of its planned 2026 start, according to AD Ports Group. The Super Post-Panamax units, built...

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South Korea is preparing emergency measures to secure crude oil supplies, including dispatching special envoys to Saudi Arabia, Oman and Algeria, as flows through the Strait of Hormuz are effectively disrupted, according to Yonhap. Authorities are moving to reroute...

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