Oil


Friday, June 28, 2019
New Journey VLCC
Shipbuilding

China Delivers First ‘Smart’ VLCC

China’s largest shipbuilder Dalian Shipbuilding Industries (DSIC) has delivered what it says is the world’s first “smart” Very Large

June 28, 2019
Total Views: 218

Monday, June 24, 2019
tanker deck
Shipping News

Tankers Carrying Dirty Russian Oil Left Stranded at Sea

By Olga Yagova, Dmitry Zhdannikov and Florence Tan MOSCOW/LONDON, June 25 (Reuters) – In the opinion of Russian officials, the oil contamination

June 24, 2019
Total Views: 153

Friday, June 21, 2019
tanker loading
Shipping News

Oil Posts Best Week Since 2016 as Trump Calls Off Iran Raids

By Alex Nussbaum (Bloomberg) –Oil rocketed to its biggest weekly gain in more than two years as U.S. President Donald Trump’s aborted air strikes

June 21, 2019
Total Views: 27

Thursday, June 20, 2019
tanker in storm
Shipping News

Iran Exposes Oil’s Sea Change in the Persian Gulf

By Liam Denning (Bloomberg Opinion) –“It is not the role of the United States to take the lead in protecting neutral shipping in the [Persian] Gulf.”

June 20, 2019
Total Views: 46

Thursday, June 6, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

American Oil Keeps Flowing to China Despite Mounting Trade War

By Sheela Tobben (Bloomberg) — Washington’s escalating trade war with Beijing hasn’t choked off the flow of American oil to China. At least six

June 6, 2019
Total Views: 20

Friday, May 31, 2019
oil refinery
Shipping News

Trump’s Mexican Tariffs Could Hit U.S. Refiners Hard

By Collin Eaton HOUSTON, May 31 (Reuters) – U.S. President Donald Trump’s threats to tax Mexican imports could disrupt a long-standing cross-border

May 31, 2019
Total Views: 30

Tuesday, April 23, 2019
oil tanker
Shipping News

Strait of Hormuz: The World’s Most Important Oil Artery -FAQ

LONDON, April 23 (Reuters) – Iran has said it would block the Strait of Hormuz if it was barred from using the strategic waterway through which about a

April 23, 2019
Total Views: 102

Thursday, February 28, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

U.S. Offers Up to 6 Million Barrels of Oil from Strategic Reserve

By Timothy Gardner WASHINGTON, Feb 28 (Reuters) – The U.S. Energy Department said on Thursday it is offering up to six million barrels of sweet crude oil

February 28, 2019
Total Views: 26

Friday, February 8, 2019
Stock photo shows an oil tanker at a terminal
Shipping News

Tanker Analysts Shrug Off Market Woes

By Firat Kayakiran (Bloomberg) — It’s never ideal if you own a fleet of crude tankers and the world’s oil producers remove millions of

February 8, 2019
Total Views: 36

Monday, January 21, 2019
vlcc tanker
Shipping News

How OPEC Is Helping U.S. Oil Reach a Tipping Point

By Julian Lee (Bloomberg Opinion) — The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020

January 21, 2019
Total Views: 15

Tuesday, December 11, 2018
vlcc tanker
Shipping News

Oil Tanker Owners Find Solace in Shale as OPEC Prepares New Cuts

By Firat Kayakiran (Bloomberg) — America’s shale boom could be about to spare the world’s oil tanker owners from a typical OPEC ravaging.

December 11, 2018
Total Views: 80

Monday, December 3, 2018
tanker
Shipping News

China Imports First U.S. Crude in Two Months But Traders Still Wary

By Florence Tan and Chen Aizhu SINGAPORE/BEIJING, Dec 3 (Reuters) – China imported its first U.S. crude oil cargo in around two months last week,

December 3, 2018
Total Views: 21

qatar lng ship
Shipping News

Qatar to Leave OPEC to Focus On Gas

By Eric Knecht DOHA, Dec 3 (Reuters) – Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the

December 3, 2018
Total Views: 25

Thursday, October 18, 2018
oil tanker photo
Shipping News

With Few Buyers, Iranian Oil Armada Heads to China Ahead of U.S. Sanctions

By Florence Tan and Chen Aizhu SINGAPORE/BEIJING, Oct 18 (Reuters) – An unprecedented volume of Iranian crude oil is set to arrive at China’s

October 18, 2018
Total Views: 34

Monday, September 10, 2018
Stock photo shows an oil tanker at a terminal
Shipping News

Oil Demand Seen Peaking by 2023 While Climate Targets Missed, DNV GL Report Shows

By Kelly Gilblom (Bloomberg) — Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy

September 10, 2018
Total Views: 20

Tuesday, August 21, 2018
tanker underway
Shipping News

China Shipowners Stop Hauling Iranian Oil as U.S. Sanctions Near

By Bloomberg News (Bloomberg) — China’s shipowners are shunning Iran’s oil, while the OPEC producer is using its own tankers to supply top customers

August 21, 2018
Total Views: 8

Thursday, August 16, 2018
offshore oil and gas rig
Shipping News

Mega Oil and Gas Projects Are Back

By Dan Murtaugh (Bloomberg) — Investors are about to find out whether the world’s largest oil companies have learned their lesson from $80

August 16, 2018
Total Views: 44

Wednesday, August 15, 2018
BP Offloads Last 2 Stranded Oil Cargoes to Shandong Refiner – Sources
Shipping News

BP Offloads Last 2 Stranded Oil Cargoes to Shandong Refiner – Sources

BEIJING, Aug 15 (Reuters) – Oil major BP on Tuesday offloaded about 1 million barrels of Angolan crude from supertanker ‘Olympic Light’ to an

August 15, 2018
Total Views: 31

Tuesday, August 7, 2018
Oil tanker is docked in Venezuela
Shipping News

Venezuela Dodges Oil Asset Seizures with Export Transfers at Sea

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Aug 7 (Reuters) – Venezuela’s state-run oil company PDVSA has limited the damage from

August 7, 2018
Total Views: 28

Thursday, August 2, 2018
BP Offloads Oil Cargo in Shandong After Two-Month Delay at Sea
Shipping News

BP Offloads Oil Cargo in Shandong After Two-Month Delay at Sea

BEIJING, Aug 2 (Reuters) – Oil major BP has started discharging about 1 million barrels of Angolan crude to a Chinese independent refiner, after holding

August 2, 2018
Total Views: 11