Hindustan Times: Oil Giants May Put Rs 15,500 cr in Russia Gas Project
“In a bold attempt to secure a share in Russia’s gas sector, a consortium of ONGC Videsh, GAIL and…
Reuters: Floodway Opening a Blessing for Louisiana Refineries
“The opening of a key spillway to relieve flooding along the Mississippi River could create logistical headaches for big…
Tradewinds: Crude Rates Flounder as Glut Grows
“Crude-tanker owners have been left desperately seeking signs of a recovery in the face of supply and demand fundamentals…
Lloyd’s List: Natural Gas to Step in to Fill Nuclear Breach
“By Michael D. Tusiani : Governments continue to question their future nuclear commitments following the disaster in Japan. THE…
Financial Times: Japan Short Sellers are Still Waiting
“It seems seismic engineers weren’t the only people to underestimate the effects of an event such as the great…
Lloyd’s List: Vessel Influx Drives Down Rates for West Africa VLCCs
“VLCCs also ship cargoes from West Africa east of the Suez Canal to discharge ports in Asia — a…
Bunkerworld: Slow Steaming Most Effective Exploitation of Tanker Fleet
“Slow steaming is ‘here to stay’ and tanker operators who embrace it will have a ‘competitive advantage’, according to…
Tradewinds: Bunker Sales Decline
“Singapore’s bunker industry saw sales decline by over 10% last month from the record high seen in January…. Its…
Lloyd’s List: Medium Range Tankers Reap Rewards as US Gasoil Exports Rise
“US Exports of gasoil to Europe, the Caribbean and Latin America have risen 38% in a year after US…
Bunkerworld: Tanker Firms Margin Squeezed by Rising Bunker Prices
“The spike in bunker prices has ‘drastically’ eroded the already slim profits experienced by tanker owners and operators, according…
