Freeport prepares to restart LNG exports
A liquefied natural gas tanker was docked at the Freeport LNG terminal for the first time in almost two weeks…
Nigeria’s Dangote refinery in talks with Libya to secure oil
Nigeria’s Dangote refinery is in talks with Libya to secure crude for the 650,000 barrels per day (bpd) plant and…
Mexico’s Pemex to cut fuel imports to 20,000 bpd by early next year
Mexican state-owned oil company Pemex will reduce its fuel imports in September to some 52,000 barrels per day (bpd) and…
India: LNG imports up 11% in June on higher demand from gas-based power units
India’s import of Liquified Natural Gas in June rose by 11% to 2,648 mmscm (million standard cubic meter) as the…
Azerbaijan says will raise gas exports to Europe to 13 bcm in 2024
Azerbaijani President Ilham Aliyev said the country will raise natural gas exports to Europe this year to 13 billion cubic…
China fertiliser exports plunge 86% after rising government intervention
China’s exports of key fertiliser ingredient urea slowed to a trickle during the first half of 2024, with shipments plunging…
Indian refiner BPCL sees further cuts in oil OSPs as fuel margins drop
Bharat Petroleum Corp., India’s third-biggest refiner, expects Middle Eastern producers to cut the official selling prices (OSPs) of their crude…
China’s H1 crude imports from top supplier Russia up 5% on year
China’s crude oil imports from top supplier Russia fell 20% in June year-on-year, bringing the total for the first half…
Tankers: Freight Volatility Could Prevail in the Short-Term
The hurricane season has always been a period of increased freight rate volatility, especially in the tanker market and this…