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Tankers, LNG & LPG

Stay up to date with the latest in Tankers, LNG & LPG— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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China discovers 225 large, medium-sized crude oil, natural gas fields from 2021 to 2025: Ministry of Natural Resources

30 Apr, 2026
China’s Ministry of Natural Resources said on Wednesday that during the 14th Five-Year Plan (2021-25) period, 225 large and medium-sized crude oil and natural gas fields were discovered, including 13 oil fields with reserves exceeding 100 m...

TotalEnergies: First quarter 2026 results

30 Apr, 2026
The Board of Directors of TotalEnergies SE, chaired by CEO Patrick Pouyanné, met on April 28, 2026, to approve the 1st quarter 2026 financial statements. On the occasion, Patrick Pouyanné said: “Driven by a 4% year-on-year organic productio...

Oil prices climb amid Hormuz blockade, UAE exit from OPEC

30 Apr, 2026
Oil prices climbed on Wednesday, as markets weighed the impact of the United Arab Emirates’ decision to leave the OPEC producer group and ongoing Middle East oil supply disruptions. Crude prices have also rallied following a report that U.S...

U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil

30 Apr, 2026
The U.S. Treasury warned financial institutions Tuesday that they could face sanctions if they engage in dealings with Chinese refineries that process Iranian oil. The Treasury urged financial institutions in a statement to avoid facilitati...

Why EU countries should avoid carbon capture for gas power plants

30 Apr, 2026
Executive Summary Gas-fired power plays a material role in the EU electricity system, accounting for 13% of net generation in 2025. While EU countries have rapidly built out renewable energy, gas will remain a significant source of the bloc...

Vitol CEO says Iran war has cost 600-700 million barrels of oil supply

23 Apr, 2026
The ongoing U.S.-Iran conflict has resulted in the loss of 600 to 700 million barrels of oil supply, with the figure expected to reach at least 1 billion barrels by the time the market recovers, according to Russell Hardy, CEO of Vitol, the...

$100 oil could unlock 2.1 million bpd of additional South American crude supply

23 Apr, 2026
A sustained $100-per-barrel oil price could unlock up to 2.1 million barrels per day (bpd) of additional crude supply across South America by the mid-2030s, according to new analysis by Rystad Energy. The finding comes as the effective clos...

Oil prices edge lower with U.S.-Iran talks in focus ahead of ceasefire expiry

23 Apr, 2026
Oil prices fell on Tuesday as markets parsed mixed signals on fresh U.S.-Iran talks before the expiry of a temproary ceasefire later this week. , the global benchmark, were last lower by 0.5% at $94.95 a barrel, while U.S. West Texas Interm...