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  • Russia Quietly Adds Four LNG Carriers to Its Arctic Dark Fleet May 18, 2026
    Russia appears to have recently added four LNG carriers to its growing dark fleet of tankers exporting cargoes from the sanctioned Arctic LNG 2 project, a Bloomberg analysis of shipping data showed on Monday. Four LNG carriers, Kosmos, Merkuriy, Orion, and Luch have recently changed their ownership and management to little known companies. They were […]
  • Anglo American Exits Steelmaking Coal With $3.9 Billion Australian Asset Sale May 18, 2026
    Anglo American has agreed to sell its steelmaking coal assets in Australia to Dhilmar Limited for up to $3.875 billion in cash, exiting the steelmaking coal business as the mining giant continues its restructuring that began two years ago. Anglo American said in May 2024 that it plans to divest or demerge its diamond, platinum, […]
  • Chinese Refiners Slash Crude Runs to Lowest Level Since 2022 May 18, 2026
    Chinese refiners slashed their crude runs to the lowest level since August 2022 as China has reduced refinery utilization and slashed crude imports as oil prices soar amid the Iran war. Crude throughput at Chinese refineries slumped by 5.8% in April from a year earlier, to about 13.3 million barrels per day (bpd), according to […]
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