GAIL, Gazprom Finalize Renegotiated Supply Deal
13 February 2018:
India’s state-owned GAIL has finalized renegotiations with Russia’s Gazprom over a 20-year, 2.5-MMt/y long-term deal on…
Asian Buyers Take More Cargoes in ADP, UQT Supply Talks
13 February 2018:
Asian buyers are turning to upward quantity tolerance (UQT) and 2018 annual delivery programs (ADP) to…
WBG To Fund LNG Despite Upstream Oil, Gas Exit
13 February 2018:
Despite announcing that as of 2019 it will no longer make investments in upstream oil and…
LNG in World Markets: Special Contracts Issue
Collapse in LNG contract lengths and volumes raises future supply concerns
A dramatic acceleration of a trend toward smaller…Outages & Turnarounds
9 Feb 2018: According to the latest IEA Oil Market Report, global refinery crude throughput reached 82.2 million barrels per…
Scrapping To The Rescue?
2 Feb 2018;
The tanker market has started 2018 in the doldrums. One of the main reasons for the depressed…
Scrapping To The Rescue?
2 Feb 2018;
The tanker market has started 2018 in the doldrums. One of the main reasons for the depressed…
RIN-sanity Returns
26 Jan 2018;
Last weekend, Philadelphia Energy Solutions (PES), the largest oil refinery on the U.S. East Coast, filed for…
Non OPEC Non US: No Problem
19 Jan 2018;
Over the last couple of years, two topics have dominated the oil (and by extension the tanker)…
(Not So) Happy New Year!
12 Jan 2018;
Shipowners typically look forward to the winter. As the weather gets colder, the tanker market starts to…