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Oil Extends Gains As Outages Persist In Gulf Of Mexico
Sep 17, 2024 ... will cut rates by 50 basis points during the meeting scheduled for Wednesday. Svetlana Tretyakova, senior analyst at Rystad Energy, said, "Expectations of a US Federal Reserve rate cut are ...
KPI OceanConnect Opens New Office in Japan
Sep 12, 2024 ... hybrid marine fuels firm KPI OceanConnect has opened a new office in Japan. Ken Kobayashi has taken up the role of head of Japan at KPI OceanConnect to run the new Tokyo office, it said in ...
Japan's Idemitsu Kosan Completes Biofuel Trial on Bunker Delivery Vessel
Sep 12, 2024 ... energy company Idemitsu Kosan has completed a trial of a biofuel bunker blend on board a marine fuel delivery vessel. The firm carried out the trial in cooperation with Shiraoi Oil and ...
Trafigura Sees Oil Prices Dropping Into $60s/Bl
Sep 10, 2024 ... firm Trafigura has raised the possibility of oil prices dropping into the $60s/bl. Ben Luckock, global head of oil at Trafigura, discussed the possibility during an appearance at the Asia ...
Ghana's AI Energy Prepares for Increased Bunker Demand From New Petroleum Hub
Sep 9, 2024 ... Energy, a leading bunker supplier in Ghana, is upgrading its facilities in Takoradi in anticipation of increased demand generated by a new petroleum hub in the west of the ...
Clean Products Tanker Arrested in Singapore
Sep 9, 2024 ... of detained vessels published by the city-state's judiciary. The vessel, formerly known as Mekongtrans 01, is being held at the Raffles Reserved Anchorage. The arrest was made on behalf of law ...
Legal Fight Over New Bunker Firm in US
Sep 5, 2024 ... over the alleged actions of two former employees before they left the firm and rival supplier Ankora Fuels LLC was set up, legal news provider Law360 reported. John Barbarise III, co-founder of ...
INSIGHT: A Proactive Approach to Making Green Fuels Cost-Effective
Sep 5, 2024 ... more cost-effective to use sustainable fuels over conventional fossil fuels," explains Mikael Wideskog, Director of Sustainable Fuels & Decarbonisation, Wärtsilä Marine. "The economics are ...
Methanol-Fuelled Tugs Take on Auramarine Fuel Supply System
Sep 5, 2024 ... selected Auramarine to supply the methanol supply systems for two new large tugs to be owned by KOTUG Canada, Auramarine said in an emailed statement. The ships are due to enter service in ...
Libya Plus Demand Worries Trigger More Losses For Oil
Sep 5, 2024 ... now worried about pricing and that a delay to the hikes are now being discussed. Svetlana Tretyakova, senior analyst at Rystad Energy, stated in a note on Wednesday, "With demand growth ...