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
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Continuous coverage of commodity trading, energy markets, oil and fuel oil, bunkering, tankers and marine logistics.
Valeura Energy Accelerates Gulf of Thailand First Oil Target to Early Q2 2027
Canadian upstream operator Valeura Energy has advanced the startup target for its Gulf of Thailand redevelopment project by two months.
Elena Vasquez1 min read
Eagle LNG Secures $30 Million Investment from Datacentrex
Florida-based small-scale LNG developer Eagle LNG Partners has received a $30 million investment from digital asset enterprise Datacentrex.
Elena Vasquez1 min read
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
Corpus Christi Port Selected for Small Modular Nuclear Reactor Project
Elena Vasquez1 min read
Saudi Arabia Eyes 1M b/d Domestic Oil Displacement with Nuclear Push
Elena Vasquez2 min read
Crude Benchmarks Advance as US and Iran Exchange Military Strikes
Elena Vasquez1 min read
Commodity Trading
Alkagesta Reports Record H1 2026 Performance with Volume Growth and Global Infrastructure Expansion
Marcus Feld2 min read
Commodity Trading
Alkagesta Expands European Biofuels Market Presence with Argus Open Markets Access
Meridian Newsroom2 min read
Petroleum Products
European Gasoline Markets Navigate Rhine Bottlenecks and Prompt Tightness
Meridian Newsroom2 min read
Fuel Oil
Dual Choke Points Tighten Global Fuel Oil Markets Across Europe and Asia
Meridian Newsroom1 min read
Commodity Trading
Alkagesta Expands Energy and Trading Operations in 1H 2026 Performance Update
Priya Raman1 min read
Energy Trading
Alkagesta Expands Carbon Trading Desk with Integration of EU ETS Allowances
Tomas Lindqvist2 min read
Fuel Oil Trading
Chokepoint Constraints and Shifting Flows Reshape Global Fuel Oil Markets
Marcus Feld2 min read
Petroleum Products
Alkagesta Approved for Platts EMEA Naphtha Physical MOC Assessment Process
Meridian Newsroom1 min read
Petroleum Products
Alkagesta Joins Platts EMEA Naphtha Physical Market on Close Process
Meridian Newsroom1 min read
Commodity Trading
Alkagesta Posts 19% Trading Volume Growth in 2025 as Multi-Commodity Portfolio Expands
Priya Raman2 min read
Oil Markets
Redefining Oil Market Norms: How Geopolitical Disruptions Are Reshaping Crude Baselines
Marcus Feld2 min read
Oil Markets
Structural Realignment in Global Crude Markets Challenges Historical Pricing Benchmarks
Marcus Feld2 min read