Crooked Bough News Round-up

+ What is known about the Nord Stream gas pipeline explosions—One year on from explosions that damaged the Nord Stream gas pipelines...

+ Oil prices climb as markets focus on supply tightness—Oil prices rose by more than $1 a barrel on Wednesday as markets focus...

+ The Commodities Feed: Oil resists risk-off move—Energy Gasoil cracks weaken Despite the heavy sell-off in equities ye...

+ U.S. crude oil inventories up last week: API—The American Petroleum Institute (API) on Tuesday reported an increase...

+ Oil prices rise by about 1% as tight supply balances economic outlook—Oil prices rose by about 1% after reaching a two-week low earlier in t...

+ Egypt awards oil and gas exploration blocks to Eni, BP, QatarEnergy and Russia’s Zarubezhneft—Egypt awarded on Tuesday four blocks in an oil and gas exploration bid...

+ US gets more time for oil auction in lawsuit over Gulf of Mexico whales—A U.S. appeals court on Monday gave the Biden administration until Nov...

+ US crude, product inventories likely fell last week—U.S. crude oil and fuel inventories were expected to have fallen last ...

+ APAC Oil Company Ratings Resilient to Higher Crude Prices—Fitch Ratings uses a base-case assumption that oil prices will average...

+ Middle East Crude-Dubai steady on absent trade; Oman and Murban ease—Middle East crude benchmark Dubai was little changed on Tuesday amid a...

+ Russia’s top oil and gas chiefs to accompany Putin on China visit—The heads of Russian energy giants Gazprom and Rosneft, Alexei Miller ...

+ North America to dominate global renewable refinery capacity additions through 2027, says GlobalData—Globally, the consumption of renewable fuels is increasing amid growin...

+ Iraq plans to award Akkaz gas field project to Ukrainian company: offical report—Iraq plans to award the Akkaz natural gas field development contract t...

+ Chevron readies new oil drilling push in Venezuela to boost output—Chevron Corp CVX.N plans to add 65,000 barrels per day (bpd) of Venezu...

+ The Commodities Feed: European gas rallies—Energy – European gas rallies European natural gas prices saw further ...

+ Oil prices fall as economic outlook outweighs tight supply—Oil prices fell on Tuesday as a stronger U.S. dollar compounded concer...

+ Brent oil prices could reach $150 per barrel, says JPMorgan—In a recent forecast, JPMorgan has predicted a potential surge in pric...

+ Funds load up on oil but positions look stretched—Investors continued to buy petroleum future and options, with the focu...

+ Richest oil states should pay climate tax, says Gordon Brown—The worlds richest oil states should pay a global windfall tax to help...

+ OPEC+ production cuts drive up sour crude oil price around the world—Crude oil production cuts among OPEC+ members are limiting the global ...

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As of 9/27/23 11:59am. Last new 9/26/23 4:00pm.

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As of 9/27/23 11:59am. Last new 9/20/23 1:03pm.

+ GTT receives an order from Jiangnan Shipyard for the tank design of two new LNG Carriers—GTT announces that it has received an order from its partner Jiangnan ...

+ K Shipbuilding and Doosan Robotics Collaborate to Automate Ship Hull Engraving with Robots—K Shipbuilding, in collaboration with Doosan Robotics, has successfull...

+ China’s shipbuilding sector sees rise in deliveries, new orders—Chinas shipbuilding industry continued to lead globally in the first e...

+ Foreign employees rewarded for contribution to Korea’s shipbuilding industry—Two foreign workers received awards for their contribution to Korea’s ...

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As of 9/27/23 11:59am. Last new 9/26/23 5:18am.

+ Shutdown looms as US Senate, House take dueling tacks on funding—The U.S. Senate on Tuesday took a step forward on a bipartisan bill me...

+ China’s economy shows signs of recovery amid stimulus measures—The Chinese economy, after enduring a period of economic turbulence ch...

+ The elusive Fed ‘soft landing’ nears. Why are Americans so mad about the economy?—U.S. Federal Reserve Chair Jerome Powell said emphatically last week t...

+ Higher borrowing costs to push European default rates to 3.75%-5.5% – S&P Global—Higher interest rates and a near stalling of Europes economy will put ...

+ EU calls for greater market access and fair competition at EU-China High-Level Dialogue—European Commission Executive Vice-President, Valdis Dombrovskis, and ...

+ Fixing China’s property sector could take years — if not a decade, says economist—China’s urbanization drive may be drawing to a close — and that could ...

+ JPMorgan sees India in its top 3 fastest-growing Asia markets in 2024—India could be among the three fastest growing markets for JPMorgan in...

+ Banks in EU largely comply with ‘Basel Endgame’, says watchdog—European Union banks already largely meet tougher global capital rules...

+ Bank of England to leave rates on hold through mid-2024, cut in Q3—The Bank of England has concluded its tightening cycle and will likely...

+ BOJ may hold off on ending negative rates until April – ex-board member—The Bank of Japan may hold off on ending negative interest rates until...

+ Sino-EU economic cooperation a win-win—The bilateral trade between China and the European Union now amounts t...

+ Turkish central bank’s net reserves seen rising more than $6 billion as policy U-turn continues – bankers—The Turkish central banks net international reserves rose by more than...

+ Lack of momentum to weigh on German economic growth in 2024 – IMK institute—Germanys economy will grow more slowly than previously expected next y...

+ Thai Aug exports unexpectedly rise for first time in 11 months—Thai exports unexpectedly rose for the first time in 11 months in Augu...

+ Italy to raise 2024 deficit goal to 4.1%-4.3% of GDP, sources say—Italys government plans to raise its 2024 budget deficit target to bet...

+ Goldman, HSBC join forces with other banks on client disclosures—Goldman Sachs and HSBC are among a group of five banks adopting a comm...

+ Ukraine’s economy grows year-on-year for first time since start of full-scale invasion—Ukraine’s gross domestic product grew by 19.5% year-on-year in the sec...

+ China, EU will work to safeguard supply chains—China and the European Union have agreed to work against decoupling an...

+ German economic institutes forecast 0.6% GDP contraction this year – sources—Five economic institutes are predicting gross domestic product in Germ...

+ Fed’s Kashkari: 40% chance of needing ‘meaningfully’ higher rates—A soft landing for the U.S. economy is more likely than not, Minneapol...

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As of 9/27/23 11:59am. Last new 9/27/23 8:57am.

+ Developing countries need new reforms to boost growth and curb emissions, IMF says—Developing countries stand to benefit from implementing economic refor...

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As of 9/27/23 11:59am. Last new 9/20/23 6:06am.

+ UNCTAD: Up $28 bln extra required to decarbonize shipping—While the push for eco-friendly shipping is commendable, it comes with...

+ Sener designs two LNG-powered ships with CCS for Grona Shipping—Spanish technology and engineering group Sener has developed the conce...

+ Intermodal: Bulkers in high demand—The dynamic shipbuilding sector in Japan has flexed its muscles over t...

+ MPA inks three MoUs in China to support maritime digitalization and decarbonization—The Maritime and Port Authority of Singapore (MPA) has signed three Me...

+ QatarEnergy places $3.9 billion order for 17 LNG carriers at Korean shipyard—Qatar’s state-owned oil and gas company QatarEnergy has signed an agre...

+ Bunkering ammonia not so dangerous after all?—Safety concerns surrounding ammonia bunkering and the design of ammoni...

+ Shell carries out Port of Gibraltar’s first cruise ship LNG bunkering—Energy major Shell has carried out the first-ever cruise ship liquefie...

+ Fincantieri lands EUR 800 mln sustainability-linked loan—Italian shipbuilding giant Fincantieri has secured a substantial €800 ...

+ Port of Kiel opens new shore power facilities—The Port of Kiel has opened two shore power facilities at the Ostuferh...

+ AYRO secures $21 million financing for OceanWings wingsail solution—French designer and manufacturer of wingsail solution AYRO has secured...

+ AL Group taps ABS to study Ultramax conversion to methanol—The American Bureau of Shipping (ABS) and Asiatic Lloyd Maritime LLP, ...

+ Unboxing the ammonia-powered 15,000 TEU boxship: Seatrade and Foreship reveal key design features—Ammonia-powered container vessels are technically feasible and their d...

+ Enova pumps $65.6 million into zero-emission ship and tech projects—Enova, a Norwegian government enterprise, has decided to invest NOK 70...

+ Value Maritime wraps up installation of Filtree system on Ardmore’s tanker—Value Maritime has completed the first in a series of nine installatio...

+ DNV: Onboard CC and nuclear propulsion can compete with other decarbonization solutions—Onboard carbon capture and nuclear propulsion, previously regarded as ...

+ NYK to use Marlink’s smart hybrid network on its vessels—Marlink, a French smart network and digital solutions company, has sec...

+ Plagazi to provide hydrogen for Gotlandsbolaget fleet—Swedens Plagazi has announced a project with compatriot Gotlandsbolage...

+ KCC equips MV Ballard, youngest CABU ship, with Silvestream’s air bubble tech—Klaveness Combination Carriers (KCC) has revealed that MV Ballard, the...

+ IEA: Methanol to take a backseat as ammonia blazes the trail in shipping’s decarbonization journey—In the ever-evolving quest to decarbonize the shipping industry, ammon...

+ SHI develops ‘industry first’ laser high-speed welding robot for LNGCs—South Korean shipbuilder Samsung Heavy Industries (SHI) has developed ...

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As of 9/27/23 11:59am. Last new 9/27/23 8:57am.