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Shell Reports Expectations-Beating $6 Billion Profit in Q3
Oct 31, 2024 ... Wael Sawan, CEO of Shell, said in the statement. "Today, we announce another $3.5 billion buyback programme for the next three months, making this the 12th consecutive quarter in which we ...
INTERVIEW: Will Regulation, Not Bunker Savings, Drive the Uptake of Digital Bunkering Platforms?
Oct 31, 2024 ... technology. Today, digital bunkering spans a much wider range of offerings and away from the buying and selling of bunkers - and perhaps more to the point, where digitalization is a value add ...
Vague Hopes For Middle East Peace Extend Oil's Losses
Oct 29, 2024 ... from lacklustre demand from China and worries about increasing supply." For his part, Daan Struyven, analyst at Goldman Sachs, told media that oil prices have become too cheap compared with ...
BUNKER JOBS: Marine Fuels Firm Seeks Bunker Trader in Mumbai
Oct 17, 2024 ... at the various ports for the delivery of bunkers to the vessels Negotiate with the bunker buyers and sellers. Generate leads and tap new business opportunities. Build a strong client ...
Oil Declines Again As Traders Prove Impervious To Declining Stocks, Middle East
Oct 17, 2024 ... in six quarters. Enverus principal analyst Andrew Dittmar pointed out that some of the biggest buyers have become sellers, including Occidental Petroleum, which sold $818 million worth of ...
Wallenius Wilhelmsen Shifts 10% of Bunker Consumption to Biofuel Blends
Oct 16, 2024 ... us. "But they're all looking at the cost; the cost is important." The firm has only been buying UCOME-based blends so far, mostly picking them up at the ARA hub in Northwest Europe and in ...
SIBCON 2024: Maersk Was Largest Biofuel Buyer in Singapore Last Year
Oct 10, 2024 ... container line AP Moller-Maersk was the largest buyer of biofuel bunker blends in Singapore last year. The firm's biofuel purchases in Singapore last year were larger than any other ...
SIBCON 2024: TFG Marine to Roll Out E-BDNs Globally With ZeroNorth
Oct 9, 2024 ... waters from April 2025. The use of e-BDNs elsewhere will remain a matter of choice for the buyer. "We are excited to work with providers such as ZeroNorth to roll out eBDNs to our ...
Buyers Should Take on Digital Platforms to Reduce Bunker Costs: AuctionConnect
Oct 8, 2024 ... buyers seeking to reduce their costs should take on digital marine fuel services, according to AuctionConnect. The cost reductions that online platforms can deliver will become ...
Oil Breaks $80 As Hezbollah Strikes Haifa
Oct 8, 2024 ... another $3 to $5 per barrel. For their part, Goldman Sachs Group Inc. analysts including Daan Struyven predicted in a note that Brent could surge to the $90s if Iran's oil supply is ...
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UPDATE: Scheldt Access to Antwerp Reopens After Bunker Spill

UPDATE: Scheldt Access to Antwerp Reopens After Bunker Spill

An oil spill during a bunkering operation has caused 'significant disruption' to port activity at Antwerp.

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First Cleaned Vessels Depart Antwerp Following Bunker Spill

First Cleaned Vessels Depart Antwerp Following Bunker Spill

Work has been continuing throughout the weekend to clean up contaminated vessels and fully reopen the port.

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Oil Settles Lower As Hormuz Remains Blocked In Advance Of Ceasefire Talks

Oil Settles Lower As Hormuz Remains Blocked In Advance Of Ceasefire Talks

Meanwhile, European airports brace for impending fuel shortages.

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