UAE’s Adnoc Buys $1.3 Billion of Tankers as Oil Exports Boom
Abu Dhabi National Oil Company’s shipping arm, ADNOC Logistics & Services, has agreed to acquire 11 crude oil and gas carriers for approximately $1.3 billion,
Abu Dhabi National Oil Company’s shipping arm, ADNOC Logistics & Services, has agreed to acquire 11 crude oil and gas carriers for approximately $1.3 billion,
India’s Reliance Industries has agreed to pay a record $23 million to $25 million to charter a supertanker for transporting Iraqi crude oil, highlighting soaring
In a remarkable display of real-time energy diplomacy, at least seven Russian crude oil tankers originally bound for China have changed course mid-voyage and are
India continues rebalancing its crude oil imports, with Middle Eastern suppliers like Saudi Arabia and Iraq gaining share as Russian volumes stabilize at lower levels
Shipping Corporation of India Limited (SCI) plans to invite tenders for building medium-range crude oil vessels within the next few weeks, according to Chairman and
Indian firms see a major disruption of Russian oil supplies as Washington imposes new sanctions to curb Moscow’s revenues, pushing refiners to scout for crude
The growth of India’s eight core infrastructure sectors slowed to 4.3 per cent in November 2024, compared to 7.9 per cent in the same month
The increase in sourcing from Russia is causing a higher average sailing distance for crude oil tankers discharging in India. Year-to-date, the average sailing distance
This is visible in the overseas cargo handling which has increased by 7.3% in the month. Data released by the Ministry of Ports, Shipping, and
Abu Dhabi National Oil Company’s shipping arm, ADNOC Logistics &
India’s Reliance Industries has agreed to pay a record $23
In a remarkable display of real-time energy diplomacy, at least
India continues rebalancing its crude oil imports, with Middle Eastern
Shipping Corporation of India Limited (SCI) plans to invite tenders
Indian firms see a major disruption of Russian oil supplies
The growth of India’s eight core infrastructure sectors slowed to
The increase in sourcing from Russia is causing a higher
This is visible in the overseas cargo handling which has
