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Gail Offers 10 U.S. LNG Cargoes

Apr 24, 2019

Gail India on Wednesday offered 10 cargoes of liquefied natural gas (LNG) loading in the United States, three trade sources said.The cargoes are offered for loading between June 2019 and March 2020 on a free-on-board basis, meaning buyers will have to arrange shipping…

Qatargas Delivered 500 Cargoes LNG to China in Ten Years

Apr 07, 2019

Qatargas Operating Company Limited (Qatargas) has recently highlighted its long-term relationship with China.'Qatargas has reliably supplied Liquefied Natural Gas (LNG) to China for 10 years, having safely delivered more than 500 cargoes of LNG to date…

Petrobras, Açu Petróleo Sign for Ship to Ship Operation in Port of Açu

Mar 26, 2019

Petrobras and Açu Petróleo (a partnership of Prumo Logística and Oiltanking) signed a contract to carry out ship to ship operations at the company's Petroleum Terminal (T-OIL), located in the Complex of Port of Açu, in the north of the state of Rio de Janeiro…

Anadarko Mulls 16 LNG Charters for Mozambique

Mar 21, 2019

Anadarko said on Thursday it would seek long-term charters for around 16 liquefied natural gas (LNG) tankers it would need to ship gas from a proposed project in Mozambique.The independent U.S. energy producer aims to take a final investment decision on the $20 billion project in the coming months…

Newbuild VLCC's Lift Gasoil, Head Westward

Mar 14, 2019

Ship builders in Asia are sending a record number of supertankers west carrying middle distillate oil products, such as diesel, data intelligence firm Vortexa said on Thursday, adding more volumes might follow.Very large crude carriers (VLCC) often carry refined…

Iran's Oil Tanker Fleet Being Squeezed as Sanctions Bite

Mar 13, 2019

Iran is running short of options to replace its ageing fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said…

HazSub Spill Response Plans

Mar 12, 2019

On August 18, 1990, the Oil Pollution Act of 1990 (OPA 90) was enacted into law.  Section 4202 of that Act amended the Federal Water Pollution Control Act (FWPCA or Clean Water Act) to require tank vessels and marine transportation-related facilities…

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…

Ven's Blackout Halts Oil Exports From Primary Port

Mar 11, 2019

Venezuela's state-run oil firm PDVSA has been unable to resume crude exports from its primary port since last week's massive power outage, essentially crippling the OPEC nation's principal industry, people familiar with the matter said on Monday…

U.S. LNG Exports Soar, Europe a Big Buyer

Mar 07, 2019

U.S. LNG to Europe may squeeze out smaller gas suppliers.Shipments of U.S. liquefied natural gas (LNG) have gathered pace in March and Europe is set to stay a top destination for spot cargoes with Asian prices still too low to ship the chilled fuel that far…

Venture Global Gets LNG Export Approval from US

Mar 05, 2019

Venture Global LNG said on Tuesday it had received approval to export liquefied natural gas (LNG) from its Louisiana facility to non-free trade agreement countries.The company said the U.S. Department of Energy's (DOE) Office of Fossil Energy…

China Imports First U.S. Crude since November

Mar 01, 2019

An oil tanker carrying U.S. crude oil is offloading its cargo at a Chinese port on Friday, marking China's first import from the United States since late November, according to trade sources and Refinitiv data.Trade tensions between the United States and China cut U…

Golar Bullish on LNG Market

Feb 27, 2019

Through the provision of cheaper and cleaner energy the liquefied natural gas (LNG) market will likely take market share from coal and oil and sustain industry growth levels of around 10% for the foreseeable future, said Golar LNG.The shipping…

Environmental Concerns to Lift LNG Demand

Feb 25, 2019

China LNG demand soars amid push to reduce pollution; LNG demand to reach 384 mln tonnes in 2020 -Shell.Global liquefied natural gas (LNG) trade is set to rise 11 percent this year as China leads a global drive to reduce pollution and tackle carbon emissions…

Brent Hits 2019 High on U.S.-China trade Hopes

Feb 22, 2019

U.S. crude stocks rise to 454.5 mln barrels as crude exports from U.S. hit record 3.6 mln bpd.Oil prices rose on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.International Brent crude futures hit a new 2019 high of $67…

Current News

China Sinopec Tenders to Sell Up to 45 LNG Cargoes for 2022

China Sinopec Tenders to Sell Up to 45 LNG Cargoes for 2022

Inside OPEC, Views are Growing That Oil's Rally Could be Prolonged

Inside OPEC, Views are Growing That Oil's Rally Could be Prolonged

Energean Expects First Gas from Karish Offshore Field by Q3

Energean Expects First Gas from Karish Offshore Field by Q3

Oil Prices Climb to Highest Since 2014

Oil Prices Climb to Highest Since 2014

UAE Energy Minister: World Needs to Invest $3 trln-plus in Renewables in 10 years

UAE Energy Minister: World Needs to Invest $3 trln-plus in Renewables in 10 years

Inpex to Drill for Gas Offshore Japan

Inpex to Drill for Gas Offshore Japan

PetroChina Tops Singapore's List of 2021 Bunker Fuel Suppliers

PetroChina Tops Singapore's List of 2021 Bunker Fuel Suppliers
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