01/06/2020 Dip in demand: US to push methanol cargoes towards Asia and Europe A slump in methanol demand is forcing the US to push more methanol cargoes to Asia and Europe. Therefore, | 01/06/2020 China iron ore port inventories extended decline as arrivals reduced Inventories of seaborne iron ore at Chinese ports continued to trend lower last week, as arrivals from Australia and Brazil |
01/06/2020 FERC commissioners dispute natural gas project approvals On May 21, 2020, the Federal Energy Regulatory Commission (FERC) denied requests to reconsider the approval of two natural gas | 01/06/2020 Canada’s Suncor CEO sees electric vehicles disrupting oil demand as much as coronavirus The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the |
01/06/2020 HFO: End of an era Since the 1960’s, Heavy Fuel Oil (HFO) has been the king of shipping fuels. A byproduct of crude oil, HFO | 01/06/2020 CANDEN Marine Fuel Services Ltd Joins Glander International Bunkering Group Effective June 1, 2020, CANDEN Marine Fuel Services Ltd. will become Glander International Bunkering (Montreal) Ltd as the 9th office |
01/06/2020 India’s petrol, diesel sales improve in May, full recovery months away India’s gasoline and gasoil sales in jumped sharply in May compared with April in a recovery from historic lows, after | 01/06/2020 Transneft expects Russian oil pipeline exports to fall 17% in June vs May – Ifax Russia’s Transneft expects oil pipeline exports to fall in June by 17% month on month to 13.7 million tonnes, the |
01/06/2020 Russia’s Gazprom Export signs long-term gas supply contract with Greece’s Mytilineos Gazprom Export, the exporting arm of Russian gas giant Gazprom on Monday said it had signed a long-term gas supply | 01/06/2020 China: Transport industry quickens recovery in April China’s transport industry recovered faster in April with some indicators reporting growth, official data showed. The country’s cargo throughput at ports |
01/06/2020 Government moves for $10 oil production cost Though Nigeria’s cost of oil production is currently above $20 per barrel, the Nigerian National Petroleum Corporation (NNPC) yesterday said | 01/06/2020 Average Dubai crude oil price jumps $10 in May to $30.467/bbl, Platts says Middle East crude benchmark Dubai, as quoted by price-reporting agency S&P Global Platts, rebounded in May to an average of |
01/06/2020 LNG Tanker “Christophe de Margerie” Completes Unique Voyage along the Northern Sea Route PAO NOVATEK announced yesterday that the Arc7 ice-class LNG tanker ‘Christophe de Margerie’ of Sovcomflot successfully transited the Eastbound ice-covered | 01/06/2020 Government moves for $10 oil production cost Though Nigeria’s cost of oil production is currently above $20 per barrel, the Nigerian National Petroleum Corporation (NNPC) yesterday said |