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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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Alaska proved reserves increased in 2024, while nationwide proved reserves fell

30 Apr, 2026
Oil and gas producers operating in Alaska reported increases in proved reserves in 2024 at a time when low prices triggered a decrease in nationwide proved reserves, according to our recently released U.S. Crude Oil and Natural Gas Proved R...

Shell readies Europe’s largest refinery for green hydrogen

30 Apr, 2026
Shell is poised to start renewable hydrogen operations at Europe’s largest refinery, with its Holland Hydrogen 1 electrolyzer close to completion as the company gears up to meet expanding European green fuel regulations. The 200-megawatt re...

European natural gas prices rise amid stalled U.S.-Iran peace talks

30 Apr, 2026
European natural gas prices pushed higher on Wednesday, with investors noting scant indications for a breakthrough in peace talks between the U.S. and Iran that could lead to a reopening of the Strait of Hormuz. By 08:41 ET (12:41 GMT), the...

Crude Oil Inventories Plunge, Defying Forecasts and Previous Data

30 Apr, 2026
The Energy Information Administration (EIA) recently released its latest report on U.S. crude oil inventories, revealing a significant decline that has captured the attention of market analysts and investors alike. According to the EIA, cru...

UAE’s departure from the OPEC oil cartel is not without precedence. Who could be next?

30 Apr, 2026
The United Arab Emirates’ shock decision to leave OPEC is reverberating across global energy markets, exposing fractures in the powerful oil cartel as production quotas risk prompting other members to follow suit. The country’s decision fol...

UAE exits OPEC: what it means for oil prices

30 Apr, 2026
The UAE has quit OPEC effective 1 May 2026, putting up to 1.6 mb/d of additional supply on course to hit markets once the Strait of Hormuz reopens. The United Arab Emirates (UAE) announced on Tuesday its withdrawal from the Organization of ...

Prolonged war could send oil up to $115/b, with surplus returning by 2027: World Bank

30 Apr, 2026
A 1% reduction in oil production due to a geopolitical shock typically leads to crude prices rising by more than 11%, the World Bank said April 28, forecasting that Brent would average $86/barrel in 2026 if there is no further escalation of...

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...