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Singapore-Flagged Bulk Carrier Responsible for U.S. Bunker Spill

The U.S. Coast Guard said clean up operations were underway for an oil spill reported around a bulk carrier anchored near Kalama, Washington.

Oil Output Freeze a "Victory" for Venezuela But Won't Help an Economy on the "Brink of Collapse"

Analysts say Venezuela could need oil as high as $200 barrel oil to balance its budget.

Texas Congressman Says US Will Boost Shale Oil Production if OPEC, Other Nations Cut Theirs

Joe Barton, Republican congressman for Texas, says the US has killed OPEC and that the cartel, along with Russia, "literally don't know what to do."

New Houston-Based Trader for Dan-Bunkering

Joseph Barry has been employed as Bunker Trader/Offshore Specialist.

Tests Suggest Panama Canal Lock Leaks Fixed

The Panama Canal Authority reports leaking sill has been repaired by GUPC

First North American LNG Bunkering Terminal Opens

The first bunkering operation at the facility is said to have included the transfer of 43,000 gallons of LNG to the M/V Harvey Energy.

World Fuel Services 2015 Bunker Sales Volume Up 27%

But revenue dipped in a tough year where "bunker prices plummeted by nearly 50 percent."

Eagle Bulk Granted More Time to Rearrange its Troubled Financials

US-based dry bulk operator Eagle Bulk Shipping has until February 23, 2016 to find alternative financing.

Have Bunker Prices Hit Bottom? New Report Says US Shale Producers Can Prosper With Oil at Sub $30/bbl Prices

The average DeWitt County well can be profitable with U.S. benchmark crude at $22.52 a barrel.

Port of Los Angeles Responds to TraPac Environmental Audit Results Showing Lack of Shore Power Enforcement

Port of Los Angeles executive director, Gene Seroka, says the TraPac audit has shown pollution reduction targets have been met nine years ahead of schedule.

Critics Irate Over Obama's Proposed $10 Per Barrel Oil Tax

They predict the proposal will die a quick death in the Republican-controlled Congress.

Port of Los Angeles Failing to Enforce Shore Power Rules

A recent audit has found that the TraPac terminal at the Port of Los Angeles has failed to meet a number of the city's air quality improvement measures.

Venezuela Gets Luke Warm Response on Continued Calls for Crude Output Cuts

Venezuela's Oil Minister is said to have gained only promises of further discussions from a meeting with Russian Energy Minister Alexander Novak.

Eco Marine Power Signs Sales and Support Agreement with Canada's Jastram Technologies

The agreement is said to facilitate EMP sales, marketing, and technical support in the Canadian shipping and offshore sector.

Vertex Energy Looks to "Aggressively" Enter Bunker Fuels Market

"We intend to aggressively pursue this market in 2016," says Chairman and Chief Executive Officer Benjamin P. Cowart.

Cockett Marine Oil Strengthens U.S. Team

"The appointment will enable the Group to increase its customer business in US," says Group Chief Operating Officer Cem Saral.

Panama Plans Accession to BWM and Hong Kong Conventions

It is reported that the process is expected to take two to three months before the law is enacted in Panama.

U.S. Navy to Launch Biofuel Bunker Powered Carrier Strike Group

Some critics and environmentalists say the decision, which is said to be intended to reduce dependence on foreign oil, may do more harm than good.

Aegean Marine Petroleum Network To Enter South American Market in Q1 2016

The new office will be based in Brazil.

USCG Issues Additional LNG Bunkering Guidance After Witnessing "Release of LNG and/or Near Misses"

The U.S. Coast Guard has released further guidance on LNG bunkering operations through two separately issued field notices.

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