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Third Tanker Sails from Iran Carrying Fuel for Lebanon

Sep 20, 2021

A third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon, TankerTrackers.com reported on Twitter on Sunday.Lebanese Prime Minister Najib Mikati said on Friday the Iranian fuel shipments, imported by the Hezbollah movement, constitute a breach of Lebanon's sovereignty.The Iran-aligned group says the shipments should ease a crippling energy crisis in Lebanon.The first tanker…

Iran Ready to Ship More Fuel to Lebanon

Aug 23, 2021

Iran said on Monday it is ready to ship more fuel to Lebanon if needed, a day after the leader of Lebanon's Iran-aligned Hezbollah group said more vessels carrying Iranian fuel would sail soon to help ease the country's fuel shortage.'We sell…

Russia's Rosneft Tenders Marine Fuel Cargos in Euros

Aug 26, 2019

Top Russian oil producer Rosneft has put up marine fuel cargos for sale with the euro as the default currency, a tender document showed on Monday, in line with its plan to sell oil products in the single currency instead of the U.S. dollar.Rosneft said it had tendered to sell up to 70…

IMO 2020: Shell, HES to Resurrect Refinery

Mar 12, 2019

Royal Dutch Shell has struck a deal with Dutch tank terminal firm HES International to partially restart a German oil refinery mothballed since 2011 in response to new restrictions on marine fuels, two trading sources told Reuters.A new cap…

BIOFUELS: Clariant, ExxonMobil, REG Partners on Research

Jan 23, 2019

Clariant  signed a joint research agreement with ExxonMobil and Renewable Energy Group (REG) to evaluate the potential use of cellulosic sugars from sources such as agricultural waste and residues to produce biofuel, which has the potential to play a role in reducing greenhouse gas emissions…

Bunker One Expands to Germany

Jan 07, 2019

Denmark-based marine fuel supplier Bunker One has announced the establishment of a new physical bunker entity, serving the German market.Bunker Holding subsidiary said that the business activities of the new entity Bunker One (Germany) GmbH…

Statkraft, Norske Skog Ink Multi-Year Power Supply Deal

Dec 06, 2018

Statkraft and Norske Skog Skogn AS and Norske Skog Saugbrugs AS have entered into new long-term industrial power supply agreements for the period from December 1, 2018 to December 31, 2026. The total delivery will be about 14 TWh, with annual deliveries of approximately 900 GWh to each mill…

Swedegas Renewable Gas Bunkering at Gothenburg Port

Nov 27, 2018

Swedegas, the owner of the gas grid in Sweden, conducted the first liquefied natural gas (LNG) bunkering operation at its new facility at the Port of Gothenburg.Gothenburg-based shipping company Terntank was the very first operator to take on  LNG at a new bunkering facility…

Oil Slips as Pessimism Over Supply Resurfaces Despite OPEC Pledge

Nov 19, 2018

Oil fell on Monday, surrendering earlier gains as investors weighed up the effectiveness of a potential cut in supply from OPEC and possibly other exporters in the face of rapidly rising global output.Brent crude futures were down $1.04 at $65…

Argus Adds New Marine Fuel Price Assessments

Nov 13, 2018

Oil price reporting agency Argus has launched five new price assessments for low-sulphur marine fuels, ahead of new global rules capping the amount of sulphur in marine fuels, also known as bunkers.International Maritime Organization (IMO) regulations…

ABB, Sintef to Test Hydrogen Fuel Cells

Nov 02, 2018

Norwegian Sintef Ocean and ABB Marine will use two 30kW hydrogen fuel cells, set up in laboratory to model the operation and control of a complete marine power system in a megawatt-scale propulsion plant.'ABB and Sintef Ocean are undertaking…

ExxonMobil Rolls-out New Antwerp Unit to Produce Marine Fuel

Nov 02, 2018

ExxonMobil has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel.The new 50,000 barrel-per-day unit expands…

Current News

Hezbollah Warns Israel against Drilling in Disputed Waters

Hezbollah Warns Israel against Drilling in Disputed Waters

Brent Crude Prices Hits Highest Since October 2018

Brent Crude Prices Hits Highest Since October 2018

FSRU: Nakilat, Karpowership sign MoU

FSRU: Nakilat, Karpowership sign MoU

LNG Demand to Rise 25-50% By 2030 - Morgan Stanley

LNG Demand to Rise 25-50% By 2030 - Morgan Stanley

Upgrading Offshore Rig DP Systems Could Cut CO2 Emissions by 5,000t a Year, ADC Energy Says

Upgrading Offshore Rig DP Systems Could Cut CO2 Emissions by 5,000t a Year, ADC Energy Says

Model Testing Complete for Delta Offshore Energy's 3.2GW LNG-to-Power Project

Model Testing Complete for Delta Offshore Energy's 3.2GW LNG-to-Power Project

QatarEnergy Farms Into ExxonMobil's Block Offshore Canada

QatarEnergy Farms Into ExxonMobil's Block Offshore Canada
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