Feed aggregator

Russia Warns of Force Majeure on Oil Cargoes After Port Disruptions

Oil news - Fri, 03/27/2026 - 22:30
Russia’s oil exporters are warning buyers that cargoes from its key Baltic ports may not be delivered at all. Russian producers are now saying they may declare force majeure on cargoes from key Baltic Sea ports after a sustained wave of Ukrainian drone strikes knocked out critical infrastructure this week. The epicenter is Ust-Luga, one of Russia’s most important export terminals, where oil loadings have been halted since Wednesday following repeated strikes from Ukraine and a fire that, as of Friday, was still burning. Industry sources…
Categories: Oil news

Russia Warns of Force Majeure on Oil Cargoes After Port Disruptions

Oil news - Fri, 03/27/2026 - 22:30
Russia’s oil exporters are warning buyers that cargoes from its key Baltic ports may not be delivered at all. Russian producers are now saying they may declare force majeure on cargoes from key Baltic Sea ports after a sustained wave of Ukrainian drone strikes knocked out critical infrastructure this week. The epicenter is Ust-Luga, one of Russia’s most important export terminals, where oil loadings have been halted since Wednesday following repeated strikes from Ukraine and a fire that, as of Friday, was still burning. Industry sources…
Categories: Oil news

Neutralizan aeronave y destruyen campamento empleado por el narcotráfico

Apporea noticias - Fri, 03/27/2026 - 22:27
27 de marzo de 2026.- Efectivos de Fuerza Armada Nacional Bolivariana (Fanb), lograron la inutilización de una aeronave no autorizada en el municipio Pedro Camejo, estado Apure. De acuerdo con el reporte inicial, durante el despliegue antidrogas los efectivos castrenses en labores de patrullaje a...
Categories: Venezuelan news

Aker BP’s Earnings Slide Masks a Massive Growth Push

Oil news - Fri, 03/27/2026 - 21:30
Aker BP’s 2025 Annual Report confirms what the market has been sensing for months: this was not a peak year—it was a transition year.Production held firm, costs remained low, and shareholder payouts continued. But weaker realized oil prices and impairments drove a sharp drop in earnings, even as the company doubled down on a capital-intensive growth pipeline aimed at the late 2020s. Production Holds, But Growth PausesAker BP delivered 420.1 thousand barrels of oil equivalent per day (mboepd) in 2025, landing at the top end of guidance.…
Categories: Oil news

Aker BP’s Earnings Slide Masks a Massive Growth Push

Oil news - Fri, 03/27/2026 - 21:30
Aker BP’s 2025 Annual Report confirms what the market has been sensing for months: this was not a peak year—it was a transition year.Production held firm, costs remained low, and shareholder payouts continued. But weaker realized oil prices and impairments drove a sharp drop in earnings, even as the company doubled down on a capital-intensive growth pipeline aimed at the late 2020s. Production Holds, But Growth PausesAker BP delivered 420.1 thousand barrels of oil equivalent per day (mboepd) in 2025, landing at the top end of guidance.…
Categories: Oil news

A Key Russia-Iran Supply Line Remains Open Despite the War

Oil news - Fri, 03/27/2026 - 21:00
All the bombs dropped by the United States and Israel over the past four weeks on Iran have not disrupted a key trade route with Russia that both Tehran and Moscow rely on to help keep their respective war efforts going. And Azerbaijan, despite its strong ties to both the United States and Israel, has played a crucial role in keeping the route open. Russian Deputy Prime Minister Alexey Overchuk, in comments published by the Interfax news agency on March 25, said the “western branch” of the North-South trade corridor continued to operate…
Categories: Oil news

Pages