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Russia’s top Indian oil buyer Reliance says it will abide by Western sanctions

Reliance Industries Ltd, the top Indian buyer of Russian oil, will abide by Western sanctions against Moscow while maintaining its relationship with current oil suppliers, its spokesperson said in a statement. Reliance, which is controlled by billionaire Mukesh Ambani...

Industrial base, innovation drive rise of China’s shipbuilding sector

China State Shipbuilding Corp (CSSC) said on Thursday that the country’s first self-developed large dual-fuel RoPax ship – which is designed to transport cargo and passengers – for export, built by CSSC’s subsidiary Guangzhou Shipyard International Co, was delivered...

US, Qatar to fill gap after EU bans Russian LNG imports

The European Union will be able to fully replace Russian liquefied natural gas imports with alternative supply from 2027 without major price shocks, thanks to booming projects in the United States and Qatar, according to data and analysts. The EU on Thursday approved...

India finds new gasoil buyers in Africa, Latin America amid sanctions risk

India is shifting growing volumes of its gasoil to Africa and South America as incoming EU sanctions have threatened to sever trade links into the bloc. India helped redraw the global oil trade in 2022 when the EU suspended most of its Russian crude and products...

IMO negotiations on carbon pricing move forward, despite delay in adoption

The International Maritime Organization (IMO) continued negotiating on key policy details in the Net-Zero Framework (NZF), at the working group talks (ISWG-GHG20) on 20-24 October in London. Last week the IMO agreed to postpone the NZF’s adoption by one year, but...

Oil, LNG scores victory against green bunkers amid stalling IMO talks

Fossil fuels could remain the preferred marine energy at the expense of low-carbon fuels, with the International Maritime Organization’s new decarbonization rules hanging in the balance, according to industry participants. Supporters of the UN agency’s Net-Zero...

Russia’s top Indian oil buyer Reliance says it will abide by Western sanctions

Industrial base, innovation drive rise of China’s shipbuilding sector

US, Qatar to fill gap after EU bans Russian LNG imports

India finds new gasoil buyers in Africa, Latin America amid sanctions risk

IMO negotiations on carbon pricing move forward, despite delay in adoption

Oil, LNG scores victory against green bunkers amid stalling IMO talks

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