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Bunker Market Instability an Opportunity to Grow: Minerva Bunkering CEO
May 5, 2020 ... as part of it, the company will be using two barges bought at auction late last year as Brightoil Petroleum sold off parts of its bunkering infrastructure. Minerva also stepped in to buy up ...
Emerging Demand Recovery Breaks Oil's Weekly Losing Streak As Criticism Of Virus Lockdowns Mounts
May 1, 2020 ... is hardly the word used to describe the oil market since the government lockdowns in reaction to the coronavirus pandemic gutted demand, but that's exactly the word Goldman Sachs ...
Biofuels Now Take Up 11% of Rotterdam's Fuel Oil Sales
Apr 30, 2020 ... bunkers including at least some biofuels now take up 11% of fuel oil sales at the Port of Rotterdam, the world's second-largest bunkering hub. The surprising figures came out in the Dutch ...
Promising Virus Treatment Trials Cause Big Surge In Crude Prices
Apr 29, 2020 ... million bpd production set during the week ending March 13. Bjornar Tonhaugen, global head of oil markets at Rystad Energy, remarked, "Expect a lot of volatility and price swings either way in ...
Oil Mixed As Economies Reopen And Optimism Builds For Gradual Recovery
Apr 28, 2020 ... for over a month now, the growing sense of optimism around the reopening of economies caused oil traders to mitigate crude price losses on Tuesday. West Texas Intermediate fell 44 cents to ...
Oil Plunges Again, Analysts Say Ending The Virus Lockdowns Is The Solution
Apr 27, 2020 ... away from front month June contracts to avoid getting trapped as many did a week ago, when the oil contract dropped to minus $37.63 per barrel. Steve Chiavarone, vice president at Federated ...
Storage Capacity Fears Prompt Weaker Crude Values
Apr 27, 2020 ... oil futures led losses on fears that storage at Cushing, Oklahoma, could reach full capacity soon, Reuters reports. US crude stocks rose to 518.6 million barrels in the week to April 17, near ...
Oil Posts More Modest Gains As Focus On Reopening Economy Increases
Apr 24, 2020 ... prices rose again on Friday, albeit minimally, but given its historic slide into negative territory on Monday there was no escaping a third straight week of losses; that said, Friday's gains ...
Oil Rises Again On Talk Of Late 2020 Recovery, Further Output Cuts
Apr 23, 2020 ... that oil prices at historic lows will prompt producers to continue to scale back was said to be responsible for crude jumping nearly 20 percent on Thursday, with West Texas Intermediate ...
Oil Claws Back Losses As More Optimism Builds About A Post-Pandemic World
Apr 22, 2020 ... on Wednesday clawed back some of its earlier historic losses of earlier this week, rising 19 percent amid emerging consensus that although global storage space for the commodity will soon run ...
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Spain's Enagás Starts Bio-LNG Bunkering at Gijón Terminal

Spain's Enagás Starts Bio-LNG Bunkering at Gijón Terminal

LNG-fuelled ships can now take on bio-LNG bunkers at the Musel Energy terminal.

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Norwegian Green Hydrogen Projects Move to Construction Phase

Norwegian Green Hydrogen Projects Move to Construction Phase

The two green hydrogen projects target future demand from the shipping sector.

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Mitsubishi Signs Low-Carbon Methanol Offtake Deal with Transition Industries

Mitsubishi Signs Low-Carbon Methanol Offtake Deal with Transition Industries

The Mexican plant is expected to produce 2.15 million mt/year of green and blue methanol in 2029.

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