Yearly Archives: 2023

Did You Know That The World’s Richest Man Is A Wine Producer?

According to the Forbes ranking, French billionaire Bernard Arnault is now thought to be the richest person in the world. Due to the sharp...

Incremental Supplies, Sluggish Demand To Weigh on Asia LSFO Market

Sluggish container shipping market may impede bunker demand China's economic recovery may lend support to the market Any significant upside may be capped...

Thecla Bodewes Shipyards Delivers First Of 6 Multi-Purpose Vessels

Thecla Bodewes Shipyards has officially delivered and handed over MV Vertom Patty to the Vertom Group. The Vertom Patty is the first in a...

Methane Emission Limits For Oil And Gas Facilities?

President Joe Biden is set to pivot to a regulatory focus this year to support his climate ambitions, after a two-year push to get...

Oil Product Stockpiles Drop 1.5% after Second-Highest Annual Exports

Singapore top destination for 2022 exports Light distillates stocks drop 9% for week Heavy distillates gain for first time in three weeks Oil product...

ADNOC L&S Inks A Deal For Second Long-Term Charter Of A FSRU

ADNOC L&S to unlock additional value from its growing shipping fleet, part of its broader growth strategy to cement its leadership position in...

Can Omicron Offshoot XBB.1.5 Cause New Covid Spike?

Scientists have raised concerns about a new Covid variant that is spreading fast in the US and threatening to cause further waves of infection....

Mediterranean Sea To Witness Contract In Sulphur Fuel Operations

Having been adopted by the IMO, the Mediterranean Sea Emission Control Area for sulphur oxides and particulate matter is set to come into effect...

Chevron To Send 500,000-Barrel Cargo Of Venezuelan Oil To Pascagoula Refinery

U.S. oil producer Chevron Corp plans to export this month its first cargo of Venezuelan crude to its Pascagoula, Mississippi refinery following a U.S....

World Bank Strives For More Funds For Climate Change Mitigation

The World Bank is seeking to vastly expand its lending capacity to address climate change. The roadmap document - sent to shareholder governments...
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