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OPEC's December Vienna Meeting Figured Oil Floor at $35/bbl

Nigeria's oil minister said he hopes oil doesn't go below $30, which WTI did briefly today.

Turkish Owned Bulkers to Be Sold after South African Arrest

The two vessels, Zeynep K and Sadan K, which were arrested in December, are slated to be sold at auction on January 12.

Market One Step Closer to Further Price Drops With Iran Just "Days Away" From Having Sanctions Lifted

U.S. secretary of state John Kerry says "we are days away from implementation, if all goes well."

Gibraltar Reports Increased Bunkering Activity in 2015

The Gibraltar Port Authority says the total number of ships calling at the port for bunkers and the quantity of fuel delivered both grew during 2015.

Port of Rotterdam Sees Dock Worker Strike Begin

Workers at the Port of Rotterdam's container terminals Thursday started a 24 hour strike at 3:15 p.m. local time.

Minerva Bunkers Launches Offshore Physical Supply Operation in West Africa

"The launch will complement the company's current trading operation across the region," says Minerva Bunkers.

Turkey's Energy Petrol Reports "Impressive" 38% Growth in Annual Bunker Sales Volume

"We sold 40,000 tonnes in December 2015, almost double of volume sold in December 2014," says head of sales Deniz Muhtaroglu.

Recycled Bunker Company Eyes WAF Plant

"Developing a recycling plant in the region represents the best opportunity for Ecoslops to establish a strong foothold in West Africa," says CEO.

Fuel oil transport by VLCCs in Rotterdam Port Reaches Record Level in 2015

51 vessels having discharged and/or loaded fuel oil last year, more than double the 22 seen in 2014.

Focus on Bunker Suppliers, Drone Surveillance Tech Part of Denmark's 2016 Action Plan for ECA Enforcement

Strategic work must be made to further "self-regulation" of the bunker industry, says Denmark.

Iran: "We Will Adjust Our Output To The Global Market's Demand"

Iran also might buy refineries in other countries to ensure oil sales.

Iran Will "Oppose" Any Bid to Stabilize Oil Market Due to Saudi Conflict

A Persian Gulf oil insider believes negotiations under OPEC are remote.

Carnival Firms Up Orders For Four Vessels Under Fincantieri Partnership

Carnival says it is expanding its fleet of vessels to take advantage of a "beyond all expectations" boom in the cruise sector.

Iran Predicts Flooded Oil Market Can Still Hit $50 per Barrel in 2016

But Mehdi Asali says prices won't reach $60 per barrel before 2020.

Palmali Issues Strong Denial that its Ships Were Used for Oil Smuggling

The comments come in response to a Maltese news outlet saying it was reporting the various allegations that are widely available in other press.

Wartsila To Power 15 LNG Barges For Shell Charter

Wartsila says its environmental compliance, fuel flexibility, and low operational costs were a key factor in securing a new LNG barge contract.

EU Master Plan For LNG To "Benefit Tremendously" Inland Waterway Transport

Officials with the recently-developed EU LNG Masterplan said at a gathering earlier this month that benefits are already seen on the Rhine/Meuse-Danube.

OPEC Should Consider Boosting, Not Reducing, Its Output: Consultant

Robin Mills, head of consulting for Manaar Energy, believes a significant increase in production would have several benefits.

New Bunkering Facilities Part of Revamped Al Mirfa Port

The Abu Dhabi National Oil Company will bunker vessels using an offshore platform that was completed as part of the port's recent upgrades.

Antwerp Prepares for Construction of LNG Bunker Barge Station

The port authority says a concession agreement is set for signing in the beginning of 2016.

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