The world’s first Very Large Containership fueled by LNG left the shipyard of Hyundai Samho Heavy Industries earlier this month to be delivered to Singapore’s Eastern Pacific Shipping, one of Continue Reading
While most of the market’s attention has been focused on how fast gasoline demand will recover, lower economic and manufacturing activity in all regions of the world has led to Continue Reading
U.S. deaths related to Covid-19 approached 200,000 and the nation’s new cases rose in line with a one-week average. Former FDA Commissioner Scott Gottlieb said he expects the U.S. to Continue Reading
The fuel that powers passenger planes is normally among the most expensive oil products, but in a sign of the times the coronavirus has turned it into a blending component Continue Reading
The collapse of OPEC member Venezuela’s economy and the oil industry that has long driven it are well-known. International sanctions and the sorry state of refineries and other facilities contribute Continue Reading
Oil Minister Ihsan Ismaael has given a deputy director general of the Basra Oil Company (BOC) the authorities to lead the country’s most important state-run oil company — part of Continue Reading
Egypt boosted its gas production by 12.4% on the year to a record 7.2 billion scf/d in the fiscal year 2019-20 (July-June) and is undertaking new exploration activities, the CEO Continue Reading
Russia said it welcomed a contested deal that would allow Libya to resume oil exports halted by a blockade at the start of the year, with revenue distributed across the Continue Reading
A member of the Libyan National Army stands on a military vehicle at one of their sites in west of Sirte, Libya Libyan commander Khalifa Haftar announced on Friday he Continue Reading
The world community should oppose the United States’ use of sanctions to impose its will as a “bully,” or expect to face sanctions itself, Iranian Foreign Minister Mohammad Javad Zarif Continue Reading
