Fuels & Lubes

Trim Optimization – Saving Fuel on Offshore Supply Vessels

 A joint development project (JDP) between DNV GL, Statoil and Farstad Shipping has demonstrated that offshore supply vessels (OSV) can save up to 21,000 Euros on their annual fuel bill,

The Impact of Hull Form on Efficiency

 There is a growing interest in the fuel efficiency of ships because of fuel prices, climate change and energy security issues. This has resulted in, amongst other things,

Neches River Closed After Oil Spill

The Coast Guard Captain of the Port closed a section of the Neches River Saturday, after a pipeline at the Jefferson Energy Terminal released an estimated 880 gallons

France's Fuel Supply Improving After Depot Blockades Cleared

The fuel supply situation in France is improving after a week of disruption and shortages caused by strikes and all but one of the country's fuel depot blockades has been cleared,

Thai PTT Looks to Buy Domestic O&G Assets

Thailand's largest energy firm PTT Pcl will look at buying domestic assets put up for sale by major oil and gas firms hit by declines in global commodity prices,

Shell: Refining Margins Remain Under Pressure

Shell Refining Co's refining margin is expected to remain under pressure owing to weak recovery in crude oil demand. The company's refining margin has come off from the peak of an average U.

Saudi Aramco Discovering More Oil, Continues CapEx

Saudi Arabia's state oil giant Aramco discovered new oil and gas fields last year and the kingdom is committed to continue investing in its energy sector to meet future demand,

Strike Extended until Monday at Le Havre

French CGT union members at the CIM, an oil storage and supply services company which handles about 40 percent of French crude imports, have voted to extend their

WSS: Post-combustion Fuel Treatment Cuts Vessel Costs, Risk

Wilhelmsen Ships Service, a provider of products and services to the shipping industry, is advising vessel operators to wage war on soot. According to WSS, soot

Striking French Oil Workers Meet Friday Over Next Steps

Oil sector workers of the CGT trade union will hold general assembly meetings on Friday to determine their next steps in the strike action that has disrupted fuel supplies and public transport,

India's ONGC Sees Higher Output This Year

India's Oil and Natural Gas Corp Ltd (ONGC) said on Friday it expects output to rise this financial year as it invests billions of dollars in ramping up production from its ageing fields.

Gazprom Sees 2016 Export to Europe at Around 165 bcm

Russia's Gazprom plans to export around 165 billion cubic metres of gas to Europe this year, the firm's deputy chief executive Alexander Medvedev told reporters on Thursday.

Prompt Prices Jump on Norwegian Outages

British prompt gas prices jumped on Thursday after gas production in Norway was hit by unexpected outages at its key gas processing plant and several fields.   Gas for immediate delivery rose 1.

French Labor Seeks to Strangle Energy Supply Chain

The hardline CGT union sought to tighten its grip on France's energy supplies and transport network on Thursday as its stand-off with the government over planned

EGAS: Egypt to tender for 10 LNG Cargoes

Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday.

Cartel or Talking Shop? OPEC awaits Saudi Edict

Poorer members still hope for a quick price bounce, but OPEC likely to roll over policy with no output target. For those seeking guidance on Saudi Arabia's thinking regarding the future of OPEC,

Klüber Debuts VGP-compliant Lubricating Grease

Klüber Lubrication, a manufacturer of specialty lubricants, has introduced Klüberbio BM 32-142, an environmentally acceptable lubricating (EAL) grease for rolling and plain bearings in cranes,

EIA: Crude Inventories Fall More Sharply than Expected

U.S. crude stocks fell last week as imports dropped and refineries cut output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday.

Norway's Zidane Gas Field Could Start Production in 2020

Norway's Zidane natural gas field could start production in the second half of 2020, project manager Lars Fridthjof Moe of operator DEA told an energy conference on Wednesday.

Dan-Bunkering Boosts South America Presence

Dan-Bunkering, expands its presence in Colombia and enters into a partnership with Petrocosta for physical supplies in Cartagena. This partnership is complementary

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