EMEA News

Oil Jumps 9% on Surprise OPEC Ratification, But Number Crunchers Think Production Will Rise Anyway
Analysts worry that 2017 could be another year of global supply growth due to non-OPEC production and non-compliance.
30 Nov 2016
FESCO Bunker Revenue Falls 84.9% on "Significantly" Reduced Operations
The company says its consolidated revenue also decreased by 27.1 percent year on year due to its reduction in bunkering activity.
30 Nov 2016
Cockett Announces Relocation of UK Office
Cockett Group says its UK branch has relocated its office from Kent to London Bridge.
30 Nov 2016
OPEC Cutback Deal Now Needs "Rescuing" At 11th Hour; Fear That Prices Will Plummet
The Saudis and Iran are reportedly at loggerheads over a 200,000 barrel discrepancy.
30 Nov 2016
Bunker Jobs: Chief Executive, International Bunker Industry Association (IBIA)
The role will be London based but involves some travel, and reports to the IBIA board.
29 Nov 2016
Oil Cutback Prospects Grow Increasingly Dim, Kilduff Speculates The Saudis Could "Produce Full Out" And Force Compliance
Meanwhile, last minute talks to encourage compliance produce no tangible results.
28 Nov 2016
Oil in the $20s, Bunkers in the $100's Is the Price of Failure as the Countdown Begins for OPEC's Cutback Summit
"I wouldn't be surprised if we see $20s again." says Amrita Sen, chief oil analyst at Energy Aspects.
28 Nov 2016
Poseidon Med II Works Toward Greek National Regulatory Framework for LNG Bunkers
The Poseidon Med II held a workshop in October to discuss the development of a regulatory framework for the use of LNG as marine fuel.
28 Nov 2016
LMG Marin Awarded Design Contract for New LNG-Powered Ferry
LMG says the vessel will be the first LNG-fuelled ferry on the Mediterranean Sea.
28 Nov 2016
OPEC Focusing Pre-Vienna Diplomacy on Iran, Russia - Which Is Holding Firm on a Production Freeze, Not Cut
Russia's unwavering stance could cause trouble at the November 30 summit.
28 Nov 2016
Oil Drops 4% as Saudis Abandon Non-OPEC Oil Meeting
Many other signs point to a dismal November 30 Oil Cutback summit.
25 Nov 2016
Neste to Distribute Low-Sulfur Bunker Fuel in Sweden form January 1, 2017
"To us, this means expanding the market area of marine fuels," says Matti Lehmus, Executive Vice President, Oil Products at Neste.
24 Nov 2016
Port of Amsterdam Marks First LNG Bunkering of an OGV
The recently converted dual-fuel tanker Fure West was bunkered with LNG through a truck to ship operation on Tuesday.
23 Nov 2016
ExxonMobil Sign LNG Bunkering MoU for Northern UK and North Sea
Exxon Mobil, Babcock International, Bernhard Schulte Shipmanagement, Calor, and Orkney Islands Council will work together on the project.
23 Nov 2016
New Customs Regs Could Hit Piraeus Bunker Demand
Ships working cargo are not included under the rule, but bunkers only calls could be affected.
22 Nov 2016
Martek to Participate on EMSA Drone Framework Contract for Ship Emissions Monitoring
The framework will specifically deal with using drones to sample gases from vessels' emissions plumes.
21 Nov 2016
Port of Gibraltar Bunkering Halted on Bad Weather, Say Sources
Gibraltar's Met Office issued a warning of strong southwesterly winds of a force 5 or 6 on Monday morning.
21 Nov 2016
Iran in Talks with Polish Company Over Possible Joint Venture in Bunkering
The news comes on the heels of the two companies' recent negotiations toward the launch a joint shipping firm.
21 Nov 2016
Mozambique's Maputo Port Opens Bunkering Operations
The port now provides fuel and oil to ships calling the port, as well as those at the port's outer anchorage.
21 Nov 2016
Crude Up On Positive Cutback Rumours - But OPEC Omits Details About How It Will Win Over Reluctant Members
Algeria says 11 members are ready to ratify the deal.
21 Nov 2016