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Iran And Saudis: No Freeze Deal In Algeria, Here's Hoping For Better Luck in Vienna

Algeria is now viewed as a `prep' for the formal OPEC summit in November.

Goldman Sachs Slashes Q4 Oil Price Forecast From $50 To $43/bbl

The bank expects a global surplus of 400,000 bpd in Q4 instead of its previous forecast of 300,000 bpd.

Russia To Boost Crude Output In 2017, Says Freeze Deal "Impossible to Agree"

Russia's output from hard-to-recover areas will also increase substantially next year.

Corvus to Power New Bunker-Saving Hybrid Ferry

Corvus says its Orca ESS has been selected by Wärtsilä to power a new hybrid ferry being built for UK-based Wightlink Ferries.

Real Opportunities Exist in Evolving Africa Bunker Market: IBIA

The comment comes following IBIA Africa's second regional forum in Cape Town, which ran from September 14 to 16.

Russian Economy Hinges on $40 Oil, Finance Minister Warns That Freeze Talks Won't Have Desired Outcome

The minister adds that increases rather than a freeze are imminent for his country.

Oil Slumps as Saudi Offer to Iran Prior to Freeze Deal Proves Empty

Zero Hedge warns that over-enthusiastic reporting will cause further market mayhem prior to Algeria.

Two Injured In Bunker Tanker Explosion in Italy

The resulting fire was extinguished shortly after the explosion, and no spills have been reported.

Monjasa CEO and Co-Founder Jan Jacobsen Steps Down

The move is said to due to personal reasons.

No Bunker Holding Companies Involved in Danish Bunker Fraud Case: Østergaard-Nielsen

The name of the Danish bunker company found guilty yesterday of a DKK24 million ($3.6 million) fraud is protected by court-ordered anonymity.

Danish Bunker Supplier Found Guilty of $3.6 million Fraud

The court found that the accused deliberately delivered less fuel than the customer had paid for.

Saudi Arabia And Iran Meet Prior to Algiers as UAE Warns Against Any "Quick Solutions"

Despite overwhelming evidence, some pundits think the meeting heralds a freeze accord.

GASNAM to Offer Course on LNG as a Marine Fuel in Madrid

The course is part of a pilot series of two courses on LNG bunkers, including one basic and one advanced, that GASNAM plans to offer in 2017 and 2018.

Total and Ecoslops Partner on Development of Second Slops Refinery Near Marseille

Ecoslops has signed a MoU with Total, which will see the two companies partner to develop the new processing unit in La Mède.

Rotterdam Launches Emissions Monitoring Initiative for Vessel Fuel Efficiency

The trials will be delivered as part of COBALD, which is said to be a "major step" toward improving the inland shipping sector's environmental impact.

Titan LNG Claims Development of Northern Europe's First LNG Bunkering Pontoon

The Titan LNG Flex-Fueler is intended to supply inland waterway vessels from a fixed location, but can also be move to supply larger sea-going vessels.

Shell Completes First Loading at Gate Terminal's New LNG Berth

The 7,500m³ Coral Methane was loaded with LNG at the Port of Rotterdam's LNG Gate terminal on September 19.

Port of Amsterdam Aims to Reduce Fleet's Carbon Footprint with Biofuels

GoodFuels Marine is working with the port on a marine biofuel pilot project, expected to reduce the carbon footprint of the port's fleet by 14 percent.

Statoil to Supply LNG Bunkers in Baltic Sea

The news comes as the result of a deal signed between Statoil and Lithuanian state-owned energy group Lietuvos Energija.

New BAE System Looks to Better Understand True Cost Savings from Slow Steaming

"Reducing speed may save fuel, but could increase the wear to the engine if it sails below its optimum speed," says BAE.

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