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Shipowners consider bunker fuel options after IMO move to 0.5%S

January 10, 2017Leave a reply

Houston (Platts)–28 Oct 2016 — ¬†Slow steaming, new, efficient ship engines reduce bunker demand IMO’s decision holds key for future marine fuels mix Singapore bunker [&hellipRead More

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Smart Ships to Carry Cargoes within a Decade

January 10, 2017Leave a reply

WISTA UK — Smart ships are likely to be carrying cargoes within 10 years but all in the logistics chain need to adapt in order [&hellipRead More

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China Offshore Oil Wins Two Mexico Perdido Blocks in Deep Water Auction

December 23, 2016Comments Off on China Offshore Oil Wins Two Mexico Perdido Blocks in Deep Water Auction

Published in Oil Industry News on Wednesday, 7 December 2016 — Mexico awarded China Offshore Oil Corporation the fourth block tendered from the Gulf of [&hellipRead More

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Obama scraps Arctic lease sales through 2022

December 23, 2016Leave a reply

Washington (Platts)–20 Nov 2016 — 10 sales set for Gulf of Mexico, one for Alaska’s Cook Inlet No lease sales in Beaufort, Chukchi seas of [&hellipRead More

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OPEC Expected to Deliver Only Half of Target Production Cut

December 23, 2016Leave a reply

Published in Oil Industry News on Wednesday, 7 December 2016 — OPEC will achieve some but not all of the production cuts the organization agreed [&hellipRead More