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Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

12 hours ago

Tehran attacked and set ablaze a fully loaded crude oil tanker off Dubai on Tuesday, despite a threat by President Donald Trump that the U.S. will obliterate Iran's energy plants if it does not agree to a peace deal and open the Strait of Hormuz.Authorities in Dubai said the fire on the Kuwait-flagged Al-Salmi had been brought under control following a drone attack, with no oil leak and no injuries to the crew…

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

Mar 27, 2026

The United Arab Emirates has told the U.S. and other Western allies it would participate in a multinational maritime taskforce to reopen the Strait of Hormuz, the Financial Times reported on Friday, citing people familiar with the matter.The…

Thai Tanker Transits Hormuz after Iran Talks

Mar 25, 2026

A Thai oil tanker has safely passed through the Strait of Hormuz following diplomatic coordination between Thailand and Iran, and was not required to pay to escape the blockade, a Thai official and the oil major that owns the vessel said on Wednesday…

Iran to UN: 'Non-Hostile' Ships Can Transit Strait of Hormuz

Mar 25, 2026

Iran has told the United Nations Security Council and the International Maritime Organization that 'non-hostile vessels' may transit the Strait of Hormuz if they coordinate with Iranian authorities, according to a note seen by Reuters on Tuesday…

Oil Rises as Iran Denies US Talks, Supply Risks Persist

Mar 24, 2026

Oil prices rose on Tuesday on supply fear, as Iran denied it had talks with the United States to end the war in the Gulf, contradicting U.S. President Donald Trump who said a deal could be reached soon.Brent futures LCOc1 rose $2.89, or 2.9%…

US to Deploy Amphibious Assault Ship, Marines to Middle East

Mar 20, 2026

The U.S. military is deploying a large amphibious assault ship with thousands of additional Marines and sailors to the Middle East, three U.S. officials told Reuters on Friday, as Iran's new supreme leader hailed Iran's 'unity' and 'resistance'…

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

Mar 10, 2026

Saudi Arabia's Aramco, the world's top oil exporter, said on Tuesday there would be 'catastrophic consequences' for the world's oil markets if the Iran war continues to disrupt shipping in the Strait of Hormuz.Oil shipments have been largely blocked from traversing through the shipping artery…

Governments Move to Shield Economies as Oil Jumps 25%

Mar 09, 2026

Governments scrambled to limit the impact on economies and consumers from the widening Iran war, which fuelled a record surge in oil prices on Monday after key producers cut output and Tehran signalled that hardliners would remain in charge…

Winson Denies UN Accusation it Supplied Oil to North Korea

Oct 05, 2021

Singapore-based oil trader Winson Group denied on Tuesday a U.N. Security Council report alleging that it supplied fuel to North Korea in breach of international sanctions.'Winson denies, in the strongest possible terms, any and all allegations…

UK, Japan Concerned Over East, South China Seas Situation

Feb 03, 2021

Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…

Sri Lanka Plugs Leak on Fire-stricken Supertanker

Sep 14, 2020

Sri Lanka has initiated repair work on the ruptured fuel oil tank in the engine room of a stricken fully loaded oil supertanker after plugging the leak, the country's Navy said.The supertanker is currently 52 nautical miles (96 kms) from the Sri Lankan coast…

US-China Cold War Would Redirect Energy Flows

Jul 29, 2020

Worsening diplomatic relations between the United States and China are putting a spotlight on their economic inter-dependency in the context of global supply chains for both technology and energy.Top policymakers in the United States and some of its closest allies…

Chinese Ships Intruded into Malaysian Waters 89 Times in Four Years -Report

Jul 14, 2020

Chinese coastguard and navy ships intruded into Malaysian waters in the disputed South China Sea 89 times between 2016 to 2019, and often remained in the area even after being turned away by the Malaysian navy, the government said in a report on Tuesday…

India and Russia Sign Energy Deals

Sep 05, 2019

India and Russia have agreed on a five-year roadmap to step up cooperation in the hydrocarbon sector, including investment, not only in exploration and production in each other's oil and gas fields but also in downstream projects.India invited…

SUNY Maritime College Hosts Ocean Wind Energy Conference

Sep 04, 2019

NYC Economic Development Corp. Signs on as Event Sponsor.The Center of Excellence for Offshore Renewable Energy at the State University of New York Maritime College and the Maritime Industry Museum at Fort Schuyler, proudly announce their partnership…

Current News

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

PV Drilling Names New ‘Super Rig’ ahead of April Operations

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Big Oil to Look Beyond Middle East as War Raises Risks

Big Oil to Look Beyond Middle East as War Raises Risks

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Eni Exits Consortium for Oil and Gas Exploration Offshore Israel

Eni Exits Consortium for Oil and Gas Exploration Offshore Israel

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