A Landmark Overhaul to Sever Historical Ties In a move that sends powerful shockwaves through the global commodities landscape, trading behemoth Gunvor has initiated a profound corporate overhaul designed to permanently sever its deep-rooted historical ties with Russia. Co-founder and CEO Torbjorn
In a high-stakes maneuver unfolding across the Caribbean, the United States has dramatically escalated its campaign to choke off Venezuela's oil industry, deploying a combination of military pressure and stringent economic sanctions that threaten the very foundation of President Nicolas Maduro's
The global maritime industry, a vital artery of world trade, is under immense pressure to decarbonize its operations, yet a significant challenge has been the lack of viable, zero-carbon fuel alternatives that can be safely and legally adopted on a global scale. While ammonia has long been heralded
A New Dawn for a Legacy Refiner Amber's Strategic Blueprint Amber Energy, an affiliate of Elliott Investment Management, is poised to reshape the future of Citgo Petroleum, signaling a significant shift from a decade of ownership uncertainty. In a move that defies typical private equity strategies,
In a stunning reversal that underscores the growing impact of Western sanctions on global energy markets, India's once-booming importation of Russian crude oil is set to collapse following a record-setting surge. This dramatic shift marks a pivotal moment for one of the world's largest energy
A cursory glance at Russia's seaborne fuel export figures for November might suggest a month of relative stability, but this masks a dramatic and turbulent reality unfolding across its critical port infrastructure. While the nation’s total seaborne fuel exports experienced only a marginal decrease
