Adani wins $405 million in power tariffs from Indian state
India’s top court ruled in favor of billionaire Gautam Adani’s power unit, saying state-run distribution companies in Rajasthan state have to pay Adani Power Ltd.…
China pausing on buying Russian seaborne crude after invasion
Oil importers in China, the world’s biggest buyer of Russian crude, are briefly pausing new seaborne purchases as they assess the potential implications of handling…
South Korea preparing for energy supply crunch on Russian attack
South Korea is preparing to take immediate action if Russia’s invasion of Ukraine results in a disruption to energy shipments.
Deadly Nigerian oil-blast ship has peers all over the world
The decades-old, oil-storage ship that blew up off the coast of Nigeria recently -- killing some of its crew and spewing its contents into the…
Trax and Raistone partner
Trax and Raistone have launched a joint solution designed to create improved cash flow for carriers and extended working capital for shippers, all interest-free to…
US to restrict Russia foreign tech imports over Ukraine
The Biden administration announced sweeping restrictions to deny Russia access to products based on U.S. technology manufactured overseas by non-U.S. companies in response to its…
US presents ‘Buy American’ plan to ease supply chain squeeze
The Biden administration announced several new actions Thursday intended to ease supply-chain disruptions that have plagued the economy during the coronavirus pandemic.
US Department of Commerce & Bureau of Industry and security Russia rule fact sheet
In response to the Russian Federation’s further invasion of Ukraine, the Bureau of Industry and Security has issued a final rule, “Implementation of Sanctions Against…
Commerce implements sweeping restrictions on exports to Russia in response to further invasion of Ukraine
Today, the U.S. Commerce Department, through its Bureau of Industry and Security (BIS), responded to Russia’s further invasion of Ukraine by implementing a sweeping series…
Fertilizer shortages due to Russia-Ukraine conflict may hit US growing season
Expensive fertilizer means higher production costs for farmers growing food
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