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Rotterdam: On Course for LNG Bunkering in 2020
Jan 17, 2018 ... Gas bunkering to become routine in the port, says harbour master ...
Russia Joins Call for Continued Output Cuts As U.S. Production Set to Exceed 6.5 Million Barrels in February
Jan 17, 2018 ... in our decisions and make our judgments carefully, based on long-term thinking." Novak said it isn't clear whether current high crude prices are long-term, but he stressed that price is not a ...
Oil Prices Fall Back Tuesday but Demand Still Seen Supporting $70/bbl
Jan 16, 2018 ... the end of the year." He added that this figure "really is a reflection that this OPEC-led deal isn't going to do enough to control the OECD stockpiles.....what we're seeing from the data...is ...
Iraq Nears 5 Million Barrel Output Capacity But Calls on OPEC to Maintain Its Production Cuts
Jan 15, 2018 ... Meanwhile,Venezuela claims its oil output is recovering. ...
BunkerEx Introduces New Credit Service for Bunker Buyers
Jan 15, 2018 ... price. Much of the time it's not because the supplier won't give credit, but because the buyer hasn't had someone to facilitate the set up," said Hemnani. "This means bunker buyers can be stuck ...
Crude Posts 4th Week of Gain Amid Asian Signs of "Healthy" Price Correction
Jan 12, 2018 ... Novak, oil minister for Russia, going against the grain by declaring that the global market hasn't been balanced yet - which reportedly alleviated concerns about the Organization of the ...
Continuing Crude Rally Causes More Worry About U.S. Shale Growth and Predictions OPEC Will Rethink Cutback Strategy
Jan 10, 2018 ... minister for Iran, echoed the sentiments of his counterparts in Iraq and Nigeria by saying OPEC doesn't want oil above $60 because it would provoke too much shale growth; however, Saudi Arabia is ...
Monster Crude Draw Causes Prices to Skyrocket Despite Forecast that U.S. Production Will Match Saudi Arabia, Russia
Jan 9, 2018 ... of crude over $60 galvanizing U.S. shale and ruining OPEC's plans to rebalance the market doesn't think the EIA's finding are any big deal: "Despite the EIA's forecast for record oil ...
Surging Oil Prices a Boost for Aramco IPO but Iran Says It's No Good for OPEC
Jan 9, 2018 ... prices above $60 a barrel because of shale oil." It should be noted that the Islamic republic isn't required to cut its output under the OPEC agreement and pumped 3.8 million barrels per day ...
LNG as a Marine Fuel – Tipping Points, Step Changes, Blizzards, and Snowballs
Jan 4, 2018 ... suit, as volume brings investment, which expands infrastructure and stimulates supply chains. The snowball effect is inevitable. Infrastructure The lack of infrastructure is always top of the ...
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Corvus Energy Secures $60 Million Investor Funding

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The investment will help the firm expand the production capacity of its energy storage systems.

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Malaysian Authority Detains Tanker for Alleged Anchoring Without Permission

Malaysian Authority Detains Tanker for Alleged Anchoring Without Permission

A tanker was detained for allegedly anchoring without permission and obstructing enforcement officers during inspection.

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BUNKER PRICES: G20-VLSFO Index Holds Steady as Crude Slips

BUNKER PRICES: G20-VLSFO Index Holds Steady as Crude Slips

Global VLSFO prices have advanced overall this week.

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