Offshore vessel shortage hits Brazil as Petrobras expands deep-sea production, with analysts estimating nearly 40 ships needed by 2030 to...
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Brazil faces offshore vessel shortage as Petrobras expands
by Balqis Osman · Oct 21, 2026
Offshore vessel shortage hits Brazil as Petrobras expands deep-sea production, with analysts estimating nearly 40 ships needed by...
UK Grid Balancing Costs Hit New Record
by Balqis Osman · Oct 20, 2026
Britain's grid balancing costs have hit a record, with the latest month projected to surpass the previous high...
Oil producers cut prices amid record shipping costs
by Suhaila Yusof · Oct 19, 2026
Oil producers slash prices amid record shipping costs, with VLCC rates soaring to $33/barrel—disrupting global trade and refining...
Global Energy Imports to Peak by 2034
by Balqis Osman · Oct 17, 2026
Energy imports peak by 2034 as Rystad Energy’s Global Energy Scenarios report says electrification will rise after crises...
Oil prices split as U.S. sanctions shift and Middle East
by Balqis Osman · Oct 16, 2026
Oil prices split as U.S. sanctions on Russian oil may ease while Middle East violence disrupts shipping lanes,...
Oil prices drop amid easing of sanctions
by Balqis Osman · Oct 15, 2026
Oil prices may drop amid easing of sanctions on oil tankers from Venezuela, Russia, and Iran, affecting global...
Diesel prices exceed gasoline costs in US
by Aiman Ismail · Oct 14, 2026
Diesel prices may exceed gasoline costs in the US due to various factors, including refining economics and global...
Canada’s helium-3 advantage reshapes trade leverage
by Aiman Ismail · Oct 13, 2026
Canada’s near-exclusive helium-3 supply gives it a strategic edge in trade talks, crucial for quantum computing, fusion energy,...
Oil Firms Push to Scrap UK Windfall Tax
by Balqis Osman · Oct 12, 2026
Oil firms are pushing the UK government to scrap the windfall tax on North Sea production to encourage...
Pemex needs massive investment to meet targets
by Balqis Osman · Oct 11, 2026
Pemex needs massive investment to meet targets and increase national energy output, particularly oil production.