Oil loadings from Russia's Black Sea port of Novorossiisk have resumed after being suspended due to a storm on Dec. 27, two sources familiar with the matter told Reuters on Thursday.The port will likely be able to ship all the crude volumes scheduled for December…
A surge of diesel and gasoline exports from China in the last northern winter eased then-prevailing fuel shortages in Asia but a repeat performance this year is unlikely.China's exports of refined products have eased from high levels in recent months…
Seaborne diesel and gasoil exports from Russian ports fell 27% in September from a month earlier to about 2.76 million tonnes due to a major overhaul of refineries and a fuel export ban, data from traders and LSEG showed.Idle primary oil refining capacity for September stood at 4…
Russia's seaborne diesel and gasoil exports in August rose by 2% from a month earlier to about 3.85 million metric tons on healthy fuel production, data from traders and LSEG showed.Idle primary oil refining capacity for August was estimated at 3…
The third phase of China's largest single coastal oil storage facility has been completed and went into operation on Wednesday in Qingdao port, in the eastern province of Shandong, the state media outlet China News reported.The third phase of…
Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.The global energy major's new CEO…
A liquefied natural gas (LNG) cargo from Russia's Gazprom being sent via the Northern Sea Route (NSR) for the first time is destined for the Chinese port of Jingtang, Refinitiv ship tracking data shows.The Velikiy Novgorod tanker was loaded at the Portovaya LNG plant on the Baltic Sea on Aug…
Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10%…
Indonesia's state energy company PT Pertamina said on Tuesday it will develop a fuel storage facility in north Jakarta, following a deadly fire that broke out at a terminal earlier this year and spread into a densely populated residential area…
Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive prices, hampered by a shortage of foreign currency and limitations at its refineries and ports, officials and analysts say.The…
A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.The new owner of the 100…
Ports in China's Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world's biggest oil importer…
Shell has cut crude oil imports at its Singapore refinery this month and is relying on smaller tankers after extending repairs at its single buoy mooring (SBM) facility to June, according to government notices and shipping data.The company is…
A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…
India and China have snapped up the vast majority of Russian oil so far in April at prices above the Western price cap of $60 per barrel, according to traders and Reuters calculations.That means the Kremlin is enjoying stronger revenues despite…
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