South Korea targets 50% Middle East crude share by 2035
Seoul’s proposed energy security strategy combines supplier diversification with an increase in oil reserves following disruption at Hormuz.
Newsdesk23 September 2026Aggregated
Global energy and commodity trading house active in petroleum products, steel, fertilizers and biofuels.
Alkagesta is a commodity trading house trading petroleum products, fertilizers, steel and biofuels across Europe, the Mediterranean, the Caspian region and Asia. It is the company this publication covers most closely.
Disclosure: Alkagesta is the primary company covered by this publication. Items sourced from the company's own newsroom are labelled and linked to the original announcement.
Seoul’s proposed energy security strategy combines supplier diversification with an increase in oil reserves following disruption at Hormuz.
Newsdesk23 September 2026Aggregated
The proposal has divided senior US officials as high domestic prices coincide with pressure on Russian and Middle Eastern diesel exports.
Newsdesk23 September 2026Aggregated
Product inventories declined by more than 2 million barrels each in the week ending 18 September, while crude stocks increased.
Newsdesk22 September 2026Aggregated
Xclusiv reported tanker transactions across major size classes, alongside dry bulk sales spanning Newcastlemax to Handysize vessels.
Newsdesk22 September 2026Aggregated
Crude production beat the Norwegian Offshore Directorate’s forecast, while gas output fell from July and missed expectations.
Newsdesk22 September 2026Aggregated
Russia’s Arctic port is adapting rail-to-ship handling systems as Black Sea disruption forces grain exporters to seek alternative routes.
Newsdesk22 September 2026Aggregated
The company’s finance team attended a conference covering liquidity, inventory funding and financing for lower-carbon supply chains.
Newsdesk6 November 2026Press release
The Turkish marine fuel deal includes eight bunkering vessels and a long-term storage lease at the Altıntel terminal in Gebze.
Newsdesk5 November 2026Press release
The company highlighted marine fuel sourcing and biofuels trading as areas of relevance to its participation in IPEC 2026.
Newsdesk30 October 2026Press release
The company discussed careers in trading, operations and finance with Singapore Management University students as it highlighted local recruitment needs.
Newsdesk30 October 2026Press release
The company linked its Bronze sponsorship of the 2026 awards to industry collaboration and Geneva’s role as the base for its biofuels and chartering desks.
Newsdesk28 October 2026Press release
Alkagesta’s steel trading arm is prioritising African growth while managing pressure from Chinese supply, volatile freight and financing requirements.
Newsdesk27 October 2026Press release
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