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Slew of Sops to help fuel ships' shift to methanolIndia is considering methanol as the primary fuel option for ships to support a green transition. The government plans to implement tax con...- In 2026, Kofi Asante-led Bluecore Energy raised $50 million to put small nuclear reactors on floating bargesA nuclear power plant that floats on water and sends electricity to shore may sound unusual, but one startup wants to make it a reality. Bl...
- US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...
- Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...
- Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
- Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...
- Ships take long way around as drought snarls Panama CanalThe month of August and September witnessed an impressive 70% rise in maritime traffic transiting the Strait of Magellan. This surge is pri...
- The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
- Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is aff...
- Oil Price Today (September 29): Crude oil rises to $107 as US-Iran deal stalemate ups supply fears. $120 in sight?Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- The Other Hormuz: Black Sea blockade threatens a food supply shockCombined Russian and Ukrainian wheat exports are estimated to end up at roughly half what they were last year for the July to September har...
- Oil Price Today (September 18): Crude oil falls below $104, down for third session. What are experts saying?Crude Oil Price Today : Markets largely looked past the latest threats to supply, even as Saudi Arabia and Yemen's Iran-backed Houthis exch...
- In 1900, 3 lighthouse keepers vanished from Scotland's distant Flannan Isles. 126 years later, no definitive account explains exactly what happened to the menIn December 1900, lighthouse keepers James Ducat, Thomas Marshall and Donald McArthur disappeared from the Flannan Isles Lighthouse on Eile...
- US pilot turns 60 tons of old boats into cement fuel as 200,000 fiberglass hulls face retirement every yearThousands of old fiberglass boats are difficult and expensive to recycle, leaving many destined for landfills or abandonment. A Rhode Islan...
- US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
- Jalgaon man built a cheaper-than-LPG smokeless kerosene stove that generated 8 hours of flame from 2 litres that cost just Rs 15 per hourSarfuddin Kazi, a machinist from Jalgaon, Maharashtra, developed a kerogas stove after studying the working of a petromax and looking for a...
- Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
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