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Crude Hits 13 Month Low As Coronavirus Fears Intensify
Feb 10, 2020 ... for a few hiccups in earlier sessions, oil prices have maintained a consistent downward trajectory in February, and on Monday they hit 13 month lows when Brent fell $1.20 to settle at $53.27 ...
Singapore Bunker Supplier Count Falls to 44 on Brightoil Exit
Feb 5, 2020 ... licensed bunker suppliers in Singapore has fallen for the third time in as many months, with Brightoil Petroleum (Singapore) Pte Ltd finally dropping off the list. The company's entire fleet on ...
Mercuria, Trafigura, GP Global Eye Singapore Bunker Supplier Role: Report
Feb 5, 2020 ... Aegean bankruptcy, in October Minerva also acquired two Singapore bunkering tankers from Brightoil. Trafigura, meanwhile, last month announced its new Singapore-Based bunkering arm TFG Marine ...
Brightoil Releases Unaudited Results Showing $329 Million Loss in 2018-19
Feb 3, 2020 ... Kong-based Brightoil Petroleum (Holdings) Ltd has released unaudited financial results for the past three years showing its journey from a profit of HK$1.144 billion ($147 million) to a loss ...
Algeria Suggests Bringing Forward Opec Meeting to Discuss Coronavirus Response
Jan 30, 2020 ... energy minister has suggested an upcoming meeting of oil producer group the Organization of the Petroleum Exporting Countries (Opec) may be brought forward to discuss a response to the ...
Wall Street Causes Modest Boost in Oil Prices - But Coronavirus Fears Still Rampant
Jan 28, 2020 ... Countries (OPEC) for distracting traders from coronavirus headlines  and modestly bumping up oil futures on Tuesday. Gains in technology and financial shares caused U.S. stocks to rise, and ...
Opec May Increase Production Cuts After Coronavirus Slump: Platts
Jan 28, 2020 ... producer group the Organization of the Petroleum Exporting Countries (Opec) is considering deepening its production cuts in response to the crude price slump driven by the coronavirus outbreak ...
VIEWPOINT: New Ship Fuel Rule Could have Negative Health and Climate Impacts
Jan 27, 2020 ... on January 1, 2020, by the International Maritime Organization (IMO) that limits sulphur in fuel oil used on board ships could significantly increase harmful black carbon (BC) emissions if blended ...
Petrochina Takes Top Slot Among Singapore Bunker Suppliers for 2019
Jan 24, 2020 ... last year, according to data from the country's Maritime and Port Authority (MPA).  The Chinese oil and gas company climbed to first place from second the previous year, the MPA said in a list of ...
Don't Expect to See China VLSFO Supply Boost Before Q2: Reuters
Jan 24, 2020 ... very low sulfur fuel oil (VLSFO) production is unlikely to be boosted after the recently announced tax changes until at least the second quarter of this year, news agency Reuters reported ...
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Also in the News

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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EU Announces Funding for Net-Zero Projects with Shipping Included

EU Announces Funding for Net-Zero Projects with Shipping Included

Revenues from the ETS will be used to support these projects, including those targeted for shipping decarbonisation.

Read in Full

BUNKER PRICES: G20-VLSFO Index Slips for Third Day

BUNKER PRICES: G20-VLSFO Index Slips for Third Day

Global VLSFO prices sank for a third day on Thursday.

Read in Full

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