China Winning in OPEC Price War as Oil Hoarding Accelerates
China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles
China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles
Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering
Nordic LNG provider Skangass signed a two year agreement with ENI today for the supply LNG from the Fluxys terminal in Zeebrugge to Skangass’ newly opened
Viva Energy Australia, a joint venture between energy trader Vitol and Royal Dutch Shell says they will be handing the product tanker Tandara Spirit back to
A tanker carrying Algerian light oil arrived at the Venezuelan port of Jose late on Monday and is waiting to unload up to 2 million barrels in PDVSA's second
The new chemical tanker built in Japan is the first to use a new type of steel cargo tanks said to be cheaper and stronger that existing
Venezuelan oil ports are struggling to load and unload cargoes on time amid an increase in fuel imports prompted by trouble at PDVSA's 1.3
Add oil shippers to the list of winners from this year’s collapse in
“The global energy system is in danger of falling short of the hopes and expectations placed upon
General Dynamics NASSCO has started construction on the first of three 330,000 barrel capacity product tankers for SEA-Vista LLC, a joint venture between
In the three months ending in August, the United States and Canada swapped a record amount of crude oil with each other, one of the more bizarre consequences
The VLCC Al Kout was delivered last week by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) as part of a series of vessels constructed for the
Things are slowing down at the U.S.’s largest oil-import
Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the
Suncor Energy Inc will look regularly at the economics of shipping Western Canadian crude from the country's East Coast to markets overseas, Chief Executive
Everyone in the oil market should stop panicking because crude supply and demand will return to equilibrium, OPEC’s Secretary-General
After losing 13 product tankers to Oaktree Capital Management earlier this year, Danish shipowner Torm has entered into an agreement with its 40+ lenders and
Oil tanker Carabobo, bringing Venezuela's first import of crude oil, arrived late on Saturday at the Jose port, where it is scheduled to unload up to 2 million
Houston headquartered Genesis Energy, L.P. announced today that it has agreed to acquire the Jones Act-qualifying MT American Phoenix and two related charters
Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker
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