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Anadorko and Hess Foresee $60 Crude in 2017 And Resumption Of U.S. Activities

The companies shared their optimism as crude made its biggest monthly loss in a year.

Kilduff Warns of $35 Oil And "Knockout Blow" To Many Companies

The analyst's comments come on the heels of a dismal week for the market and poor Q2 reports from producers.

EC Approves Acquisition of Italy's Termica Milazzo by ENI and Kuwait Petroleum JV

Kuwait Petroleum and Eni have formed a joint venture for the acquisition.

Nick Brown Moves From LR to BV

Brown, who is said to have been head hunted by BV, is expected to start his new position on November 2, 2016.

Port of Long Beach Acknowledges Latest Emissions Reduction Efforts

PoLB issued a declaration of support for Wan Hai Lines' plans to use emissions scrubber tech at the port and presented an environmental award to Sovcomflot.

Singapore Bunker Suppliers: Top 20 Player Searights Out, Maersk Oil Trading In

The number of suppliers in the world's biggest bunkering port remains at 59.

ING Seeks Double the Original Invoice Total to Settle an Outstanding OW Bunker Debt

In a new case this month, OW Bunker assignee ING is seeking $415,898.41 to settle a $206,735.32 bunker bill.

U.S. Crude Enters Technical Bear Market Amid New Predictions That Prices Will Remain in the $45-$50 Range In 2017

The possibility of oil in the 30s is still strong, say analysts.

ESPO: LNG Bunkers Most Promising Medium Term Solution for Shipping Emissions

ESPO also advocates the increased use of shore power to reduce ship emissions at ports.

Approval of LNG Bunkering at Port of Fremantle an "Australian First"

EVOL LNG Thursday announced that Fremantle Ports has given the company approval to bunker LNG at the port.

$70 Crude Inevitable, Even Though Citigroup Says Fuel Oil Demand has "Dropped Off the Planet"

But the company says overall "oil demand has been pretty robust" and doesn't see it dropping.

UK Chamber of Shipping: Maintaining Level Playing Field is "Essential" for Future Shipping Emission Regulation

David Balston, Director of Policy at the UK Chamber of Shipping, says the IMO must act quickly to tackle shipping industry emissions in a fair way.

Berge Bureya Confirms Bunker Spill from VLOC in Strait of Malacca

Berge Bureya spilled an undefined quantity of bunkers into the waters off Malaysia in the Malacca Strait Tuesday morning.

Weekly Vessel Scrapping Report: 2016 Week 29

Weekly Vessel Scrapping Report: 2016 Week 29

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from July 20 – July 27, 2016.

World Fuel Services Q2 Bunker Volumes Flat, but Marine Income Slips

Total bunker volumes for the three months ended June 30, 2016, were reported at 2,168.3 million gallons.

US-Crude Down At 3-month Low, But World Bank Ups 2016 Price Forecast Anyway - Sort Of

Wednesday's decline was triggered by a report of builds in crude and gasoline inventories.

European Union Biofuels Initiative Found Lacking in Procedure and Supervision: Audit

The European Court of Auditors finds that the shortcomings could compromise the EU's renewable energy transport targets.

HMD: Shipping Industry Should Not Hesitate Over New Tech in Pursuit of Greener Vessels

The comments came following news that a new LNG powered bulk carrier will have its tanks made out of a novel high manganese steel.

Baltic Ports to Sign MoU for Common Approach to Shore Power

BPO says the agreement will be signed at the Baltic Ports Conference 2016.

Incident Sees Dunkirk LNG Terminal Put into Safe-Mode

The terminal has been in testing since the July 8 arrival of the first LNG carrier to the site.

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