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Global Search News Archives
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7 hrs ago
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11 hrs agoMember states, shipping, ports need to come on board to achieve GHG reduction: IMOThe initial steps are likely to include strengthening the Energy Efficiency Design Index and the Shipboard Energy Efficiency Management Plans for ships.
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12 hrs agoSingapore delivered/ex-wharf 380 CST bunker spread narrows on weak demand"Some sellers are clearing cargoes to make way for March arrivals," a bunker trader said.
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12 hrs agoGas4Sea partners, Equinor sign LNG bunkering agreement ahead of IMO 2020Gas4Sea partners will supply LNG bunkers to Equinor's four crude shuttle tankers in Rotterdam.
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20 hrs agoNoble expects 2019 to be year of transition to lower oil price environmentFor large independent upstream producer Noble Energy, 2019 will be a year of transition.
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20 hrs agoFuel oil volume from Rotterdam to Singapore remains high amid closed arbitrageFuel oil volumes from Rotterdam to Singapore have risen above the 2018 average this month despite sour arbitrage economics to the east.
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20 hrs agoIstanbul-Piraeus bunker prices at parity on tight availabilityThe usual premium of bunker prices at Istanbul over those at Piraeus, Greece, was negated on Monday.
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20 hrs agoFUTURES 5: NYMEX WTI settles higher despite expected crude buildNYMEX March WTI settled 50 cents higher at $56.09/b Tuesday despite analyst expectations of a further build this week in US commercial crude stocks.
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19 Feb
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19 Feb
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19 FebINTERVIEW: About 8% of bunkers consumed in 2020 likely to be scrubbed - MECL MDMeech estimates the spread between 0.5% and 3.5% sulfur fuel oil prices to be around $279/mt in 2020.
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19 Feb
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19 FebFUTURES: Crude mixed on conflicting indicators"Global indices seek direction as market risk sentiment continues to revolve around trade," Phillip Futures said Tuesday.
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19 FebChina oil demand growth to slow to 3.2% in 2019: Platts AnalyticsTrade tensions with US, a weaker global economy and reduced consumer confidence led to the slowdown in energy demand in 2018, Lee said.
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18 Feb
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18 Feb
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18 FebIBIA pushes for 'uniform approach' to sulfur testing as IMO 2020 loomsA proposal originally submitted by IBIA to add a definition of sulfur content under regulation 2 of MARPOL Annex VI is also garnering support.
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18 FebIMO's 4th GHG study should consider realistic economic growth: BIMCOThere was also a need to decouple the correlation between the growth in GDP and transport demand after 2030, BIMCO said.
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15 FebUS Atlantic Coast refinery issues, Venezuela sanctions help rally oil futuresUnplanned work at Phillips 66's Bayway, New Jersey, refinery and further sanctions on Venezuela's oil sector helped rally the oil complex Friday.
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15 FebUS sanctions Venezuelan oil minister Quevedo, calls him 'illegitimate' PDVSA presidentThe US Department of the Treasury on Friday added Venezuelan oil minister Manuel Quevedo to its list of sanctioned individuals