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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.

Saudis Boost Exports But Insist OPEC Members Should Cut Output to Low End of Deal Target

Meanwhile, talks with Iran and Iraq continue to include them in deal with special favours.

OPEC Makes Final Diplomatic Push With Russian Support But Without Iran and Iraq Ministers Before Vienna Summit

J.P. Morgan gives the talks a 75 percent chance of success.

Kongsberg Maritime to Work with Klaipedos Nafta on Small Scale LNG Bunkering Under New MoU

The MoU is said to be intended to facilitate the sharing and development of expertise in the field of LNG terminals.

Glander International Bunkering Expands in Norway

Andreas Maierhofer has been appointed General Manager of the new Oslo office.

Chemoil "Sets New Standards" in Fujairah and Khorfakkan with LR accredited Mass Flow Meters

"Lloyd's Register is proud to assist Chemoil in its drive to continuously improve the accuracy of its measurement techniques," said LR's Douglas Raitt.

Gibraltar Port Joins SGMF

The Chief Minister says he is "delighted to see the port playing its part in this exciting development in the shipping world."

Shipper to Appeal After Judge Dismisses Claim Bunker Supplier "Abused its Dominant Position" in the Market

Finnlines wants €2.76 million in compensation, which is "the price difference between the paid amount for the supplied fuel and the market price."

Genoil Announces $50 Billion LOI for Desulfurised Fuel Project in Russia

The project is said to cover the production of 3.5 million barrels per day.

Maxcom Begins Sales of ECA-Compliant RMD80 at German Ports

Maxcom says the new offering will be priced approximately $25/mt less than DMA.

ECSA: EU Must Use Current Momentum to Ensure IMO CO2 Road Map Works

ECSA says it facilitated a briefing session in the European Parliament on the Road Map Wednesday morning.

Baltic Sea Strategy Forum Focuses on Clean Shipping and Ports

BPO says clean shipping and ports were the main topics discussed at the event, which was held in Stockholm on November 8 and 9.

Klaipėdos Nafta Receives Approval for Funding Toward LNG Bunkering Project

INEA has approved €4 million in funding from CEF toward Klaipėdos Nafta's Baltic Sea LNG project, which includes the development of LNG bunkering.

Barkindo Warns of "Negative Consequences" of Not Curbing Output As OPEC Pumps Record Volumes

October production alone renders the cartel's proposed cutbacks meaningless, says Goldman Sachs.

A Clinton Win Not Enough To Offset Market Challenges, Say Observers

OPEC shenanigans are cited as the main reason for market pessimism.

EEC Defines Volume Limits on Bunker Fuel Transported as Vessel Stores

The announcement comes following news of a bunker fuel scheme in which more than 12,000 tonnes of fuel was illegally exported outside the EEU area.

Oil Continues to Slide As OPEC Members Send Mixed Messages Prior To Vienna

More bad news comes with Barclay's latest stockpile and demand figures.

High Drama in Vienna Causes Some Observers to Think Saudis Are Bent On Quashing Output Deal

But OPEC's secretary general assures everyone that all is well and a deal will be reached.

Crude's Plummet Accompanied by Predictions of Mid-$30s or Lower Oil and a "Challenging" 2017

The OPEC deal and rising stockpiles are cited as the reasons for the dire prediction.

Iran Hits Post Sanctions Oil Export High of 2.44 Million bpd, Closing in on 4 Million bpd Output

But all signs point to yet more growth instead of agreeing to output cutbacks.

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