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...The expansion speaks to the persistence of Canada’s oil industry, the world’s fourth largest by production volume....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...“Vladimir Putin is also the CEO of Russia Oil Inc and he understands the dynamics of the market very well,” Yergin said....
...In 2018, Maersk — then, the world’s largest container shipping group — installed two 30-metre-high rotor sails on a tanker ship: the Maersk Pelican....
...It comes as the global maritime industry debates how to decarbonise its operations, which account for almost 3 per cent of global greenhouse gas emissions — more than Germany....
...The tanker companies’ calculations reflect their own and industry research, based on satellite images, export data and the number of older vessels that have not been scrapped....
...The expert, Sonntag wrote, claimed that using 5,000 square metres of the material on the walls of a tower block was equivalent to adding fuel from a 19,000-litre oil tanker....
...Poorer Asian countries that the global LNG industry had counted on to drive growth might rethink their LNG import plans, he said....
...A version of this article was first published by Nikkei Asia on April 19. ©2022 Nikkei Inc. All rights reserved....
...Why did they set fire to an oil tanker? It was a, an enticing mystery....
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...A version of this article was first published by Nikkei Asia on August 9 2021. ©2021 Nikkei Inc....
...British special forces ended a stand-off aboard an oil tanker off the Isle of Wight on Sunday when they used helicopters to storm the vessel and detain seven stowaways suspected of attempting a hijacking...
...So that’s the one that’s most challenging and that’s the one that’s particularly critical importance to German industry right now. Gideon RachmanAnd how do you think they’ll get around it?...
...Hin Leong, Ocean Tankers, Mr Lim and his son did not immediately respond to requests for comment....
...The most sustainable way of shipping wine is by sea, in a tanker....
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...Exhibit 2819 being SoftBank-backed Oyo’s recent climbdown on its global ambitions to dominate the hotel industry....
...Gibraltar releases an Iranian tanker after a court sets aside a last-minute legal bid from the US to seize the vessel and Walmart raises its outlook for the US market while government data show unexpectedly...
...Last year, global importers received 346m tonnes of LNG — gas condensed to a liquid so it can be loaded on to tankers — according to S&P Global Platts....
...An explosion involving a road tanker operated by a Shell contractor in Pakistan last year caused more than 200 deaths and led to a $2.4m fine for the company’s local subsidiary....
...The bank viewed Heidmar as a way to optimise movements of the large number of tankers it was moving around the world, former executives said....
...The Singapore Roads, as one veteran Hong Kong shipping executive puts it, are by far “the layman’s easiest optic on the state of the shipping industry”....
...Oil’s limited bounce — That’s the story with Brent, up some 3.5 per cent, or $2 a barrel, to about $62 in the wake of attacks on tankers near the Strait of Hormuz on Thursday....
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