Cyprus Shipping in the Spotlight

Cyprus Shipping in the Spotlight

Cyprus-based shipowners and ship-managers advocate shipping need to be governed by global regulations and not local or regional rules that create unfair competition in the industry

Serinus Builds Onshore Romanian Gas Portfolio

Serinus Builds Onshore Romanian Gas Portfolio

AIM-listed explorer Serinus Energy struck gas with its 1,600-m Sancrai - 1 well in northern Romania, it said July 15. The well was drilled five days ahead of schedule and at about 80% of the budget. Serinus said it would perforate and test the Pliocene sand zone before completing the well for future production

Ever Given Ship Leaves Egypts Territorial Waters

Ever Given Ship Leaves Egypt's Territorial Waters

The Panama-flagged ship Ever Given on Tuesday left Egypt's territorial waters after being held by local authorities for 107 days after blocking the Suez Canal. Last week, the Suez Canal Authority finalized procedures to release the giant container ship after reaching a financial settlement deal with the ship owner

TAP Signs Deal With Albania to Deliver First Gas Exit Point Fier

TAP Signs Deal With Albania to Deliver First Gas Exit Point Fier

A cooperation and handover agreement for the Fier South gas facility was signed between Trans Adriatic Pipeline (TAP) AG, the Albanian Ministry of Infrastructure and Energy, and Albgaz Sh.a., a statement from TAP said on July 7

Investigation Launched Into Bulgaria-Greece Gas Pipeline

Investigation Launched Into Bulgaria-Greece Gas Pipeline

The State Agency for National Security (SANS) has launched an investigation into the Bulgarian Energy Holding (BEH) after receiving a tip off from the leader of pro-Russian party ABV, Rumen Petkov about alleged irregularities

Opec+ Stalemate Raises Price Volatility Concern

Opec+ Stalemate Raises Price Volatility Concern

The failure of the Opec+ group to agree on production policy beyond this month has introduced a new layer of market uncertainty, raising the prospect of tighter crude supplies and price volatility

Japan’s Coking Coal Imports Slip on Month in May

Japan’s Coking Coal Imports Slip on Month in May

Japan's coking coal imports declined slightly in May from April but held well above year-ago levels, supported by the country's economic recovery from the Covid-19 pandemic, while metallurgical coke imports fell from a record high in April