LogIn LogOut

Crude Carriers News

 

U.S. Sends First Crude Shipment to Saudi Arabia in Years

Aug 06, 2020

The United States sent a shipment of crude to Saudi Arabia in June, data from the U.S. Census Bureau showed on Wednesday, in what appears to be the first such delivery since the U.S. ban on crude exports ended in 2015.The United States shipped about 550,000 barrels, or 18,300 barrels per day (bpd), of crude to Saudi Arabia in June, U.S. Census data shows. The U.S. Energy Information Administration has no recorded instances of a U…

Hin Leong's Owners Move to Block OCBC from Picking at Shipping Units

Jul 29, 2020

The family that owns beleaguered Singaporean oil trader Hin Leong Trading (HLT) is seeking to block creditor OCBC's request to appoint overseers for the family's Xihe Holdings and four other subsidiaries to recoup its debt.Oversea Chinese Banking…

U.S. Crude Floods into Asia, but It's a Short-Term Blip

Jul 28, 2020

Asia will import record volumes of U.S. crude oil this month, with China leading the way, but the surge is more likely a short-term blip rather than a sustained trend. A total of 57.7 million barrels of U.S. crude is expected to land in Asia in July…

Current News

OPEC Downgrades Oil Demand Forecast

OPEC Downgrades Oil Demand Forecast

Orsted Looking to Farm Down Stake in Borssele 1 & 2 Offshore Wind Project

Orsted Looking to Farm Down Stake in Borssele 1 & 2 Offshore Wind Project

Oilfield Services Employment Diving to 10-Year Low

Oilfield Services Employment Diving to 10-Year Low

Awilco Drilling Posts $4,6M Loss. Eyes Funding Options for Newbuild Rig

Awilco Drilling Posts $4,6M Loss. Eyes Funding Options for Newbuild Rig

Solstad Nets Offshore Wind Deal for Normand Baltic Vessel

Solstad Nets Offshore Wind Deal for Normand Baltic Vessel

Petronas, FASTsubsea Working on 'Low-cost' Subsea Multiphase Pump

Petronas, FASTsubsea Working on 'Low-cost' Subsea Multiphase Pump

Solstad Nabs More Work for Offshore Vessel Trio in Australia

Solstad Nabs More Work for Offshore Vessel Trio in Australia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com