Fuels & Lubes

Dan-Bunkering Appoints Bara as Bunker Trader

  Dan-Bunkering (Middle East) DMCC is pleased to announce that Lamin Bara has joined the office in Dubai as Bunker Trader as per 1 November 2015. Lamin was

U.S. Crude Stocks Rise - EIA

U.S. crude stocks rose less than expected last week, while gasoline and distillate inventories also increased, data from the Energy Information Administration showed on Wednesday.

Italy: Gas Supplies No Worry After Russia-Ukraine Spat

Italy has no cause for concern over its gas supplies after Russia halted flows to Ukraine, the Industry minister said on Wednesday.   "The situation as regards

Iraq's Southern Oil Exports Rebound

Iraq's southern oil exports have risen more than 300,000 barrels per day (bpd) so far in November, according to loading data and an industry source, bringing shipments

BG Group's Australian LNG Plant Fully Operational

BG Group has started commercial operations at the second train at its Queensland Curtis LNG (QCLNG) plant and has taken full control of both trains and associated facilities at the Australian site,

U.S. EPA to Push Biofuels Mandates

The U.S. Environmental Protection Agency (EPA) is widely expected to increase requirements for biofuels use through 2016 due to higher total fuel demand, when it

Asia Fuel Oil-Cracks, Spreads Tight; Bunker Prices Climb

Asia's fuel oil crack for benchmark 180-centistroke rebounded to a discount of $6.79 a barrel on Wednesday, gaining as bunker prices firmed on the possibility of

U.S. Road Traffic Soars

Traffic on U.S. roads is growing at the fastest rate in almost two decades, as cheap gasoline, coupled with a strong economy, encourages motorists to use their cars more.

Ukraine to Stop Buying Russian Gas

Ukraine says to stop buying Russian gas; says cheaper prices offered from Europe. A clash over natural gas pricing between Russia and Ukraine escalated on Wednesday

Concordia Maritime Charters MR Tanker

Concordia Maritime has signed a contract for the charter of an IMO2/3 class MR tanker, the company announced today. The vessel will be chartered jointly with Stena Weco,

Ecoslops Produces First Marine Fuel Prodcuts

Ecoslops' refinery in the Port of Sinès, Portugal, has commenced industrial production and delivered the first volume of marine fuel products compliant with ISO8217,

Shell Fined by Scottish Court for 2011 North Sea Oil Spill

Oil major Royal Dutch Shell was handed a 22,500 pound ($33,919) fine by a local Scottish court on Tuesday for a 2011 oil spill in the North Sea that was the largest in more than a decade.

Brazil's QGEP Says Test of Carcara Area Promising

Formation tests run in the Carcara offshore area by Brazilian oil explorer Queiroz Galvao Exploracao e Producao SA have showed results as promising as the best subsalt discoveries so far,

Shipping's CO2 Reduction Goals Exceed Commitments -ICS

The United Nations (UNFCCC) has published a Synthesis Report analyzing the impact of the pledges made by 146 nations to reduce CO2 emissions in advance of next

Frontline Reports Strongest 3Q

  * Frontline achieved net income attributable to the Company of $17.4 million, or $0.09 per share, for the third quarter of 2015 and net income attributable to the Company of $65.

Ferguson Supplies DNV 2.7-1 Tote Tanks to South East Asia

Ferguson supplies DNV 2.7-1 offshore tote tanks from their South East Asian bases in Singapore, Thailand, Malaysia and Vietnam. The 4,000 liter tank is used

Parker Bestobell Marine Launches Compact Valve

Parker Bestobell Marine has launched a new compact version of its Float Isolation Valve (FLIV). The compact FLIV, which is 150mm in diameter and 600mm high, was

Mobil SHC Aware Gear Secures Manufacturer Approvals

Mobil SHC Aware Gear Series, a range of Environmentally Acceptable Lubricants (EAL), has been approved by a number marine gear and seal manufacturers. Thruster builders,

High-performance Seals for Wind Power Facilities

Press release -Increasingly large facilities and ever more extreme locations are placing greater demands on seals in wind turbines. They must not only withstand

Warring Tribes in Southern Libya Sign Peace Deal

Rival tribes from southern Libya who have battled for control of oil fields signed a peace agreement in Qatar on Monday, a Qatari official said, raising hopes of

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