Tag: crude
Equinor To Ship First Sverdrup Oil Worth $60 Million To China
Equinor to ship the first cargo of crude produced at Norway's Johan Sverdrup oilfield to China, reports Reuters.
The first cargo of crude
The first cargo...
Oil Refiners in Dilemma as Surging Ship Costs Kill Margins
Oil refiners are facing disappointment as surging freight rates inflate the cost of buying crude.
Complex refining profits in Singapore tumbled to $2.91...
Lotos Safe in Q2 Due To Cheap Strategic Crude Stocks?
Lotos increased its crude throughput by 4% year on year to 2.75 million mt in Q2, or 222,000 b/d using a conversion rate...
What Will Happen When IMO2020 Hits?
It’s all over but the shouting. That's how John Kingston describes the oil market in his article published in the Freight Waves.
It’s a perfect...
Galp’s IMO Refining Margins To Expand
Galp expects its refining margins to improve in the second half of this year with increased demand for marine fuels supporting crack spreads...
Diamond S Shipping Finalises Tanker Fleet Integration
Diamond S Shipping (DSS) reported a net loss of $1 mill and adjusted EBITDA of $30.3 mill, for the first quarter of this year,...
What Does It Cost To Store Oil At Sea?
Low oil prices have been a boom in the tanker industry. The shipping industry has witnessed a sea change where the dry bulk shipowners...
The Global Crude Reserves – Stocking it Up Underground!
While we have seen an exciting news where India has agreed to store UAE’s crude underground, here is a compilation of global crude reserves...
