BP Accelerates West Nile Delta Gas Output Two Years Early
The UK energy major has commenced gas flow from an offshore Mediterranean well, contributing 80 million cf/d to Egypt's domestic market ahead of schedule.
Elena Vasquez1 min read
Meridian Commodities — commodity, energy, fuel oil, shipping and logistics news
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Hornbeck Offshore and Helix Energy Complete All-Stock Merger
Hornbeck Offshore Services and Helix Energy Solutions Group have closed their all-stock merger, creating an integrated marine and subsea services provider.
Elena Vasquez1 min read
US Manufacturing PMI Moderates to 54.6 in August as Freight Pressures Persist
Factory activity maintained its expansionary momentum for an eighth consecutive month despite easing demand indicators and persistent supply chain bottlenecks.
Elena Vasquez2 min read
CME Diesel Futures Surge to $4.67 per Gallon Amid Tight Supply
Ultra low sulfur diesel futures have reached their second-highest level on record, driven by refinery disruptions, Middle East supply losses, and lean global inventories.
Elena Vasquez2 min read
Yellow Corp Reaches $526M Settlement Over Pension Claims in Bankruptcy
The defunct LTL carrier has resolved its remaining multiemployer pension liabilities, opening the door for distributions to unsecured creditors.
Elena Vasquez2 min read
Bessent Forecasts Two-Year Timeline for Bypassing Strait of Hormuz
US Treasury Secretary Scott Bessent indicates that Gulf crude producers could route exports around the critical maritime corridor within two years.
Elena Vasquez1 min read
Rising Lithium Valuations Drive Asset Deals and US Production Ambitions
Surging lithium spot prices and expanding global battery storage demand are fueling mineral asset transactions and elevating domestic extraction prospects in the United States.
Elena Vasquez1 min read
US Crude Stockpiles Decline by 2.6 Million Barrels as SPR Releases Continue
Elena Vasquez1 min read
Global Solar Panel Installations Surge on Falling Equipment Costs
Elena Vasquez1 min read
Everllence Tests 12-Cylinder 175DF-M Dual-Fuel Methanol Engine
Elena Vasquez1 min read
Korean Shipyards See Suezmax Inquiries Rise Amid Hormuz Crude Rerouting
Elena Vasquez2 min read
Baltic Dry Bulk Index Retreats to 3,157 Points as Capesize Rates Ease
Elena Vasquez1 min read
Global Shipyards Secure Fresh Orders Across Container and Gas Sectors
Elena Vasquez1 min read
Commodity Trading
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Alkagesta Reports Record H1 2026 Performance with Volume Growth and Global Infrastructure Expansion
Widespread industry coverage highlights a 53% surge in traded volumes to 4.9 million metric tonnes, supported by pipeline access, crude deliveries, and expanded European storage.
Marcus Feld2 min read
Commodity Trading
Alkagesta Expands European Biofuels Market Presence with Argus Open Markets Access
The global energy trader enters the Argus Open Markets window for biodiesel, HVO, and UCO, advancing price transparency across European low-carbon fuel benchmarks.
Meridian Newsroom2 min read
Commodity Trading
Alkagesta Expands Energy and Trading Operations in 1H 2026 Performance Update
Strategic advances across European aviation fuel infrastructure, Singapore marine distribution, and crude trading highlighted Alkagesta’s operational performance through the first half of 2026.
Priya Raman1 min read
Commodity Trading
Alkagesta Posts 19% Trading Volume Growth in 2025 as Multi-Commodity Portfolio Expands
Strong middle distillate flows, expanding Mediterranean low-sulphur marine fuel deliveries, and strategic ventures into aviation distribution and metals supported the trading house's commercial expansion in 2025.
Priya Raman2 min read
Energy Trading
All coverageEnergy Trading
Alkagesta Expands Carbon Trading Desk with Integration of EU ETS Allowances
The addition of European emissions allowances alongside sustainable fuels and CORSIA-eligible instruments provides industrial and maritime counterparties with unified compliance access.
Tomas Lindqvist2 min read
Energy Trading
Alkagesta Appoints Anthony Guida as Biofuels Desk Lead Amid European Supply Chain Expansion
The Geneva-based trading house advances its renewable fuels platform, integrating waste-oil processing, Antwerp storage, and NATO pipeline access for sustainable aviation fuel.
Tomas Lindqvist2 min read
Meridian Commodities Briefing
Market & Trade Briefing
A concise daily read on commodity, energy, fuel oil, bunkering and freight developments — written for traders, brokers, owners and operators.
Shipping & Logistics
All coverageShipping
Bosphorus Shipbrokers Dinner Highlights Rising Bunker Costs and Geopolitical Pressures on Freight Markets
Maritime leaders and chartering specialists convened in Istanbul to address operational hurdles, volatile fuel pricing, and navigational vulnerabilities across key international choke points.
Priya Raman2 min read