May, 2016
Date Headline Image
Mon23May
Tapstone Energy chief says drillers need to outspend cash flow to increase production, but capital markets are essentially closed to them.
$50 Oil Not Enough for US Shale Oil Comeback, Needs to Hit $75/bbl: Ward
Mon23May
However, the country is ready to participate as a consultant should the prospect arise.
"Big Disagreements Inside OPEC" Make Any Freeze Agreement Unlikely: Russia
Fri20May
APL says it reduced its CO2 emissions by 45.5 percent in 2015 compared to levels in 2009.
Fuel Efficient Fleet Helps APL to 45.5% Reduction in CO2 Emissions
Fri20May
The report says current bunker sulfur regulations are costing the sector $500 million per year.
Global Sulfur Cap Will Cost Box Shippers $5 Billion to $30 Billion per Year: OECD
Fri20May
The International Monetary Fund argues that the sanctions forced Iran to diversify economically.
Iran Oil Exports Expected to Climb Nearly 60 Percent as Analysts Say the Sanctions May Have Made The Country Stronger
Fri20May
Kuwait's deputy prime minister for Kuwait, says his country will maintain its high output.
Kuwait Reverses Attitude of Earlier This Week, Now Favours Global Oil Market Developments
Fri20May
The company is said to be scheduled to hold a shareholders vote at an extraordinary general meeting on June 2, 2016.
UASC to Decide on Operations Merger with Hapag-Lloyd in June
Fri20May
On May 8, Gazpromneft East bunkering vessel is said to have provided IFO and MGO bunkers to the 9500 DWT Celebrity Silhouette at the port of St Petersburg.
Gazpromneft Bunkering Operation Marks Ninth Season of Supply Service for Royal Caribbean
Fri20May
Tuomas Riski, Norsepower's CEO, says the company's smaller rotor sails have been proven to reduce fuel consumption by 6.1 percent.
"No Denying" Renewable Energy is the Future of Vessel Propulsion: Norsepower CEO
Fri20May
Genoil's GHU technology can take refinery residue and turn it into low sulphur fuel oil to meet the 2020 legislation.
Industry Insight: Overcoming the Cost and Supply Challenges for Low Sulphur Fuel Oil in 2020