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Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects

As the climate crisis intensifies, so do legal challenges for hydrocarbon projects, especially in the United Kingdom (UK), where two North Sea operators and climate activists are locked in a court battle with the potential to put the fossil fuel industry out of commission. The post Development moves forward but pending court verdict could spell …

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North Sea oil & gas project named after Odin’s mother from Norse mythology gets the go-ahead

OKEA has received the Norwegian government’s blessing to move forward with its plan for the development and operation (PDO) of an oil and gas field in the North Sea off the coast of Norway, which will be tied back to an existing platform. The post North Sea oil & gas project named after Odin’s mother from …

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The importance of an FFA market in today’s volatile shipping freight market

In today’s volatile shipping market, particularly amid unpredictable global conditions and geopolitical events, Forward Freight Agreements (FFAs) play a crucial role in stabilising and managing risk. FFAs allow shipping industry participants to hedge against freight rate fluctuations, providing financial security and predictability in an increasingly uncertain environment. Freight derivatives have become a go-to solution for …

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