Asia Middle Distillates: Key Market Indicators for March 14-18
The concerns over supply uncertainty amid the escalating Russia-Ukraine conflict will continue to take center stage in the Asian middle distillates market in the March 14-18 week, keeping gasoil and jet fuel/kerosene prices elevated.
At...
Omicron-hit Chinese Province Bans Travel In A Rare Measure Against COVID
Mainland China reported 1,337 new domestically transmitted COVID infections with confirmed symptoms on March 13.
Over 30% of the 2022 cases were found in the northeastern province of Jilin, which is scrambling to...
This Country Prepares For A ‘Brutal Conflict’ In The Energy Sector
Russia remains a reliable supplier, a world-class guarantor of energy security.
The EC had already outlined a plan to reduce EU demand for Russian gas by two-thirds by the end of 2022.
French...
BP and Eni To Create Largest Producer Company In Sub-Saharan Africa By Combining Businesses
Oil and gas giants BP and Eni have signed an agreement to form a new 50/50 independent company in Angola through the combination of the two companies’ Angolan businesses, says an article published in...
Why Potassium Iodide Pills Are Suddenly In High Demand?
As Russia's assault in Ukraine intensifies, fear of radioactive fallout from accidental or intentional attacks on Ukraine's nuclear plants, or from the use of a nuclear bomb, has triggered surging demand for potassium iodide pills,...
French NGOs Threaten Legal Action Unless TotalEnergies Leaves Russia
TotalEnergies declined to comment on the letter.
Russia represented 24% of TotalEnergies’ proven reserves and 17% of its combined oil and gas production in 2020, company documents show.
The company has condemned Russia’s...
‘Bone-Chilling’ Says UN Chief As Russia Puts Nuclear Forces On High Alert
Vladimir Putin late last month said that his nation's nuclear forces should be put on high alert, raising fears that Russia's invasion of Ukraine could lead to nuclear war.
He also said the...
HaiSea Marine Battery-Powered Harbour Tugs Has Begun
The construction of HaiSea Marine’s three zero-emission battery-powered harbour tugs has begun at the Sanmar Shipyard Tuzla in Turkey with a keel-laying ceremony, says an article published in Offshore Energy.
About harbour-tugs
According to owners, the...
DSIC Secures Boxship Orders From Danaos
Greek containership owner Danaos Corporation has ordered two methanol ready 7,100 TEU containerships in China, says an article published in Offshore Energy.
About the vessel
As informed, the vessels will be built at Dalian Shipbuilding in...
SFL Inks Charter Contracts for Six 14,000 TEU Vessels
John Fredriksen’s SFL Corporation has sealed a deal to charter out six 14,000 teu container vessels to German liner Hapag-Lloyd for a fixed period of five years, says an article published in Splash247.
About the...