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Reducing Hull Drag Holds Promise of Fuel Savings
Reducing Hull Drag Holds Promise of Fuel Savings
Research project in US looking at air layer underneath ship to reduce resistance.
27 Mar 2019
Aegean Back in Play
Aegean Back in Play
Company reduces debt and prepares to leave Chapter 11 as part of Mercuria.
27 Mar 2019
New Vancouver LNG Bunkering Facility Moves Forward
New Vancouver LNG Bunkering Facility Moves Forward
As province passes tax breaks for LNG projects.
26 Mar 2019
Crude Prices Mixed, But Croft Warns That Rally Could be Derailed by Sentiment
Crude Prices Mixed, But Croft Warns That Rally Could be Derailed by Sentiment
However, Venezuela's woes could keep the market robust in the near-term.
25 Mar 2019
Full Speed Ahead for Crude Prices Due to OPEC Defying White House
Full Speed Ahead for Crude Prices Due to OPEC Defying White House
Economic self-interest will prompt producers to continue pumping full-out.
21 Mar 2019
Oil Tops $60 On Strength of Massive Drawdowns - and Get Set for $75 Brent, Says Morgan Stanley
Oil Tops $60 On Strength of Massive Drawdowns - and Get Set for $75 Brent, Says Morgan Stanley
Other experts think oil's trajectory will cause tweeting retaliation from Trump.
20 Mar 2019
Former WFS VP Joins OCM
Former WFS VP Joins OCM
To focus on IMO 2020 regs.
20 Mar 2019
Crude Up 4.1 Percent as Goldman Insists Oil Market is Robust
Crude Up 4.1 Percent as Goldman Insists Oil Market is Robust
Even the IEA admits that the Venezuelan crisis can be mitigated.
15 Mar 2019
ExxonMobil Exec Upbeat on IMO2020 Market Prospects
ExxonMobil Exec Upbeat on IMO2020 Market Prospects
'We are digging deep to make it happen,' says marine fuels venture manager Luca Volta.
14 Mar 2019
Tight Market Fears Cause Crude to Climb Again - with $60-Plus Viewed as Inevitable
Tight Market Fears Cause Crude to Climb Again - with $60-Plus Viewed as Inevitable
However, OPEC P.R. efforts and U.S. intervention in Venezuela may alter the price course.
13 Mar 2019
Economic Worries Impact Crude Prices, But Permian Output Set to Double Anyway
Economic Worries Impact Crude Prices, But Permian Output Set to Double Anyway
U.S. drillers don't share analytical worries over slowing demand.
8 Mar 2019
Port of Vancouver Joins SEA\LNG
Port of Vancouver Joins SEA\LNG
Is the first North American port do so.
7 Mar 2019
First 0.5% Physical Cargo Traded on SP Global Platts' MOC
First 0.5% Physical Cargo Traded on SP Global Platts' MOC
Deal took place in USGC market.
27 Feb 2019
Crude Prices Recover Amid "Worrying" Sentiment That Oil Market Will End in Five Years
Crude Prices Recover Amid "Worrying" Sentiment That Oil Market Will End in Five Years
Saudi Aramco chief laments that stakeholders are turning their backs on oil.
26 Feb 2019
IMO2020: Maersk Expands 0.50% Bunker Production, Supply Offering to US East Coast
IMO2020: Maersk Expands 0.50% Bunker Production, Supply Offering to US East Coast
Will produce the equivalent of 10% of Maersk's annual bunker requirement.
14 Feb 2019
Low Sulfur Fuel oil Futures Contract Launches Next Week
Low Sulfur Fuel oil Futures Contract Launches Next Week
After US govt shutdown delay.
11 Feb 2019
Marathassa Bunker Spill Caused by Defect, not Negligence
Marathassa Bunker Spill Caused by Defect, not Negligence
Ship had a faulty valve and incorrectly installed alarm.
8 Feb 2019
Oil Tumbles Again Due To An "Overemphasis" Of A Global Recession
Oil Tumbles Again Due To An "Overemphasis" Of A Global Recession
Traders seem fixated on bad news despite many bullish developments.
7 Feb 2019
Prices Fall Again in What Analysts Lament is Volatile, Sentiment-Driven Crude Market
Prices Fall Again in What Analysts Lament is Volatile, Sentiment-Driven Crude Market
But this doesn't prevent BP from posting stellar gains in 2018.
5 Feb 2019
Caribbean Refinery to Switch to Storage, Bunkering: Reports
Caribbean Refinery to Switch to Storage, Bunkering: Reports
Losses at Pointe-a-Pierre refinery behind move.
5 Feb 2019
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