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April 14, 2026
This week, oil and gas 'producer ENI?finished loading the first cargo of Venezuelan heavy?crude to reach Spain in nearly two years. Since Caracas and Washington agreed on a landmark supply deal in January, trading?houses such as Trafigura, Vitol…
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April 12, 2026
Bonds FlyingRoos, the three-time SailGP champions from Australia, took the SailGP lead after a dominating weekend in Brazil. They won all four races on Sunday in Rio de Janeiro. Tom Slingsby led the Australian team in Guanabara Bay, in front of the Sugarloaf Mountain…
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February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical 'friction' affecting almost a third its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even if the reality on the ground suggests otherwise.
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April 11, 2026
Sweden's Artemis, who won the first SailGP race in South America on Saturday, struggled to finish the day and finished third behind the current SailGP leaders Australia's Bonds Flying Roos -and the U.S. SailGP Team. Artemis, helmed by?America's…
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April 9, 2026
Quantum Pacific has acquired Spain's Los Gallos sailing team, led by Olympic champions Diego Botin & Florian Trittel. This was announced on Thursday. SailGP did not reveal?financial information?of this deal. The sailing league stated that it…
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March 24, 2026
?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 11, 2026
Organisers announced on Wednesday that Rio de Janeiro was preparing to host the 'SailGP Brazil debut' in April. The event is expected to attract tens of thousands to one city's most famous beaches, after it was cancelled due to equipment problems a year ago.
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February 27, 2026
Minister Luis Caputo, Argentine Economy, announced that three foreign companies had submitted bids 'for the contract' to dredge 'and operate' Argentina's Parana River. This is a vital waterway 'for 'the country's exports of agricultural products.
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February 24, 2026
Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.
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February 14, 2026
Four sources told us that Venezuela's PDVSA, the state-owned oil company, has refused to sell to companies who do not have individual U.S. licences. This is limiting the exports of oil and stopping the country from draining its brimming tanks more quickly.
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February 12, 2026
American 'Magic', the sailing team owned by U.S. sports investor Doug?DeVos and based in New Zealand, bought Danish SailGP record-holders ROCKWOOL racing for $60 million. The deal was announced on the eve before the New Zealand event of the global league.
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February 12, 2026
American Magic, a sailing team owned by U.S. sports investors Doug DeVos and ROCKWOOL, have bought the Danish 'SailGP' speed record holders ROCKWOOL racing in a 60 million dollar deal announced on the eve before the New Zealand event of the global league.
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February 6, 2026
Brazil's Petrobras purchased a 42.5% share in an oil exploration field near the coast of Namibia, the state-run firm announced?on Friday. The company is looking to replenish its oil reserves by exploring new frontiers in Africa. Petrobras announced…
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February 4, 2026
According to traders and shipping information, oil refiners in the U.S. Gulf Coast struggle to absorb an influx of Venezuelan crude since last month's $2 billion deal, which was a "flagship" agreement between Washington and Caracas. This has pushed up prices and left some volumes unsold.
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February 4, 2026
Shell announced on Tuesday that it has agreed to'sell' a 20% stake of its Orca offshore Brazil project to Kuwait Foreign Petroleum Exploration Company. Shell said it will retain a 50% stake in the project and continue to be the operator. It…
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February 2, 2026
Shipping data shows that Venezuelan oil exports jumped to a record?800,000. barrels per day in January under the control of the United States, from 498,000 barrels per days in December. This was after the capture by the U.S. of President Nicolas Maduro…
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February 2, 2026
China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.
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January 29, 2026
The French shipping company CMA CGM has partnered with U.S. investment group Stonepeak to form a joint-venture valued at almost $10 billion. This venture will 'operate and develop port terminals in the United States, among others,' the companies announced on Wednesday.
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January 25, 2026
A crude tanker chartered Trafigura?departed from Venezuela's Jose Port?to Louisiana Offshore Oil Port?documents and LSEG data showed. This was the first cargo to go directly to the U.S. under a 50 million barrel supply agreement agreed between Caracas this month and Washington.
