Bahri ordered five newbuild very large crude carriers from Hyundai Samho Heavy Industries
The National Shipping Company of Saudi Arabia (Bahri) today signed
In July 2015 international regulation requires all tankers to be compliant with IMO rules for the use of ECDIS and ENCs. As many shipping companies start planning
China is set to grant a licence for imported oil to an independent refiner in the eastern province of Shandong, the country's powerful central planning agency said on Wednesday.
Canada’s role in the oil industry has changed dramatically in recent years driven by synthetic crude oil production in the oil sands of Alberta.
New plans for Energy East,
Stena Sonangol Suezmax Pool celebrates 10 years of collaboration and trading.
The 10th anniversary celebrations took place in London on May 20. Today on May 26 it is Houston’s turn and,
If you are looking for evidence that China is becoming more assertive in the global economy, then the trading of physical crude oil in Asia is a good example.
A once-popular pair trade pitting the U.S. dollar against oil prices has re-emerged in recent weeks, injecting a new wildcard into the market just as the Organization
The National Shipping Co. of Saudi Arabia (Bahri) signed contracts on Thursday with Hyundai Samho Heavy Industries (HSHI) to build five very large crude carriers (VLCCs),
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude tankers from ship builders Hyundai Heavy Industries,
Australia could develop the world’s most technologically advanced LNG industry, according to a report by Accenture.
But if industry is to reach its potential
Oil traders Gunvor and Vitol placed the lowest offers for a tender by Pakistan State Oil Co seeking 600,000 tonnes of gasoline for delivery over May to August, industry sources said.
German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.
U.S. crude stockpiles fall for third week; Islamic State attacks in Iraq support prices.
Oil rose towards $66 a barrel on Thursday, gaining for a second day,
British gas producer BG has taken full operational control of the first production facility, known as Train 1, at its Queensland Curtis LNG plant in Australia from builder Bechtel,
GAIL (India) Ltd has signed a preliminary deal with Royal Dutch Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production,
Oil-market watchers are struggling to reconcile the large estimated oversupply in the market with the much smaller buildup of reported inventories and narrowing contango in futures prices.
India's Gail has signed a preliminary deal with Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of U.S. production,
U.S. crude stocks down 5.2 mln barrels; Japan's economy surprises with 2.4 pct annualised growth.
Crude oil prices bounced back on Wednesday from steep falls
Swiss trader Trafigura has taken up to six liquefied natural gas (LNG) vessels from Norwegian shipping company Golar LNG, likely on a single-voyage basis to transport cargoes,
Canada's Come By Chance refinery, located on the eastern island of Newfoundland, is for the first time buying domestic crude pumped from fields only a few hundred miles offshore,