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Trump Tweets on ‘Artificially’ High Oil Prices: “Oil all over the place, including the fully loaded ships at sea”

April 20, 2018 by Reuters

Trump Tweets on ‘Artificially’ High Oil Prices: “Oil all over the place, including the fully loaded ships at sea”

By Susan Heavey and Rania El Gamal WASHINGTON/JEDDAH, Saudi Arabia, April 20 (Reuters) - U.S. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices, drawing rebukes from some of the world's top energy exporters. "Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully loaded ships at sea. Oil prices … [Read more...]

Firms Complain of Contaminated Crude from U.S. Strategic Reserve

March 29, 2018 by Reuters

Firms Complain of Contaminated Crude from U.S. Strategic Reserve

By Catherine Ngai NEW YORK, March 29 (Reuters) - Three firms that bought crude oil last year from U.S. emergency stockpiles raised concerns about dangerous levels of a poisonous chemical in the cargoes, according to internal Energy Department emails and shipping documents reviewed by Reuters.  Problems with crude quality would make the U.S. Strategic Petroleum … [Read more...]

What’s at Stake for Oil as Trump Appoints Another Iran Hawk?

March 23, 2018 by Bloomberg

What’s at Stake for Oil as Trump Appoints Another Iran Hawk?

By Grant Smith and Anthony DiPaola (Bloomberg) -- When former United Nations ambassador John Bolton becomes U.S. national security adviser next month, he will cast even more doubt on the nuclear deal between Iran and major world powers, with potentially significant consequences for the oil market. Bolton, a veteran of George W. Bush’s administration known for his ardent … [Read more...]

Oil Traders Make Sea Odyssey as Gasoline Criss-Crosses Globe

March 2, 2018 by Bloomberg

Oil Traders Make Sea Odyssey as Gasoline Criss-Crosses Globe

By Ann Koh, Serene Cheong and Laura Blewitt (Bloomberg) -- Over the course of March, the oil tanker Nave Pyxis will slice through the Pacific Ocean as it makes an unusual journey of about 8,000 miles from China to Mexico. Its cargo: almost 300,000 barrels of gasoline to power cars that zip through the Latin American country. A number of disparate events -- maintenance work … [Read more...]

How Soaring US Oil Exports to China are Transforming the Global Oil Game

February 9, 2018 by Reuters

How Soaring US Oil Exports to China are Transforming the Global Oil Game

By Henning Gloystein SINGAPORE, Feb 9 (Reuters) - Bit by bit, the U.S. petroleum industry is turning world oil markets inside out. First, sharp drops in U.S. imports of crude oil eroded the biggest market that producers like OPEC had relied on for many years. Now, surging U.S. exports – largely banned by Washington until just two years ago - challenge the last region OPEC … [Read more...]

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  Featured

Panama Canal Tugboat Captains Locked in Heated Dispute with Management Over Safe Manning of Tugs

Panama Canal Tugboat Captains Locked in Heated Dispute with Management Over Safe Manning of Tugs

Butane Leaks After Very Large Gas Carrier and Tanker Collide Singapore -AIS Replay

Butane Leaks After Very Large Gas Carrier and Tanker Collide Singapore -AIS Replay

MAN Diesel & Turbo to Supply Engines for MSC’s Record-Breaking Megaships

MAN Diesel & Turbo to Supply Engines for MSC’s Record-Breaking Megaships

Incident Video: Car Carrier Crunches Tugboat in Durban Harbour

Incident Video: Car Carrier Crunches Tugboat in Durban Harbour

IMO Reaches Deal to Cut CO2 Emissions from Ships

IMO Reaches Deal to Cut CO2 Emissions from Ships

  Video

Incident Video: Tanker’s Hull Punctured by Floating Crane in Iraq

Incident Video: Tanker’s Hull Punctured by Floating Crane in Iraq

Incident Video: Car Carrier Crunches Tugboat in Durban Harbour

Incident Video: Car Carrier Crunches Tugboat in Durban Harbour

Caught on Video: MSC Cruise Ship Crashes Into Dock in the Caribbean

Caught on Video: MSC Cruise Ship Crashes Into Dock in the Caribbean

  Latest News

Pirates Kidnap Twelve Crew from Dutch Cargo Ship Off Nigeria

Fire-Ravaged Maersk Honam Nearing Anchorage Outside Jebel Ali Port

Coast Guard: Dutch-Flagged Tanker Spills 2,600 Gallons of HFO in Lower Mississippi River

  Corporate News

Foss Executive Honored by Coast Guard

Damen Dredging Equipment launches new DOP Dredger Series

Samskip brings Rotterdam into Nor Lines’ flexible LNG-powered service network

ABS Delivers Continued Solid Performance and Remains Well-Positioned for Future, Reports Chairman, President and CEO

Avatars by Sterling Adventures
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