A North Sea Renaissance?
11 November 2018: On Thursday, an Aframax crude oil tanker and a Norwegian navy frigate collided off Norway’s west…
Here We Go Again
11 November 2018: One of the most anticipated events in the oil and tanker market will go into effect on…
Backyard Barrels
26 October 2018:
Sometimes things just work out. Until 2006, the United States was a significant (and growing) net importer…
Nigeria to Pick Firms for Train 1-3 Talks as Train 7 Progresses Further
23 October 2018:
Nigeria LNG plans to decide no later than October which of 22 interested buyers it will…
Australian Export Projects and Backfills Move Ahead Along With Two Import Projects in the Southeast
23 October 2018:
New and backfill export projects in Australia are moving forward along with two import projects in…
Shell Poised to Sign More SPAs with Direct importers in South Korea
23 October 2018:
Shell is poised to sign a 1-MMt/y sales and purchase agreement (SPA) with South Korean direct…
Tanker Rate Swings
19 Oct 2018;
VLCC rates on the benchmark TD3c (Ras Tanura – Ningbo) averaged around $16,500 per day during September. …
OPEC’s Bunker Boost
28 Sept 2018: Last weekend, OPEC published its annual long-term World Oil Outlook, which forecasts global oil demand through…
That Sinking Feeling
21 Sep 2018;
On May 8, President Trump announced the U.S. withdrawal from the Iran nuclear deal. After a grace…
Taipower to Shortlist LNG Suppliers in September for New Generation
18 September 2018:
Taipower will announce a shortlist of suppliers by late September based on offers submitted in response to…
