Fuels & Lubes

Klüber Obtains Certification for Manufacturing Facilities

Klϋber Lubrication has received the National Sanitation Foundation (NSF) ISO 21469 certification at its Londonderry, New Hampshire facility. The certification from

OSRO: The Child of Necessity

Most people in the maritime industry in the United States are familiar with the concept of the Oil Spill Removal Organization (OSRO).  It is one of the many quiet

Oil Products Flow to Primorsk Resumed

Russia resumed oil products shipments to Primorsk after a halt following "criminal tapping" of pipeline, a subsidiary of Russian oil pipeline monopoly Transneft said.

Coal Prices Rise on Sanctions Threat Against Russia

European physical coal prices rose on Tuesday as the threat of a new round of U.S. and European sanctions against Russia, a large coal exporter, led traders to price in a market risk premium.

Syria: Crisis Costs Oil Sector $23.5 bln

Syria's oil sector has suffered around $23.5 billion in direct and indirect losses since the start of the country's crisis in 2011, the Syrian oil ministry said.

Britain Firm on Carbon Target Despite Opposition

Britain's government said it would stick with a goal to curb emissions by 2027 to 50 percent of the 1990 levels, a target that has led to political opposition and

Mitsubishi to Build Diesel Oil Import Terminal in Australia

Japanese trading house Mitsubishi Corp said it is entering Australia's diesel market by building a $103 million gas oil import terminal to tap growing demand and

New Ethane Carriers Use Cargo, Fuel MAN ME-GI Engines

MAN Diesel & Turbo say that Ocean Yield ASA, the Oslo-based shipowner, has placed orders for three LEGCs (Liquefied Ethylene Gas Carriers) of 36,000 cbm capacity,

Chevron’s Pascagoula Refinery Starts Production

Pascagoula, Mississippi facility positions Chevron to be the world's largest producer of premium base oil Chevron Corporation subsidiary Chevron U.S.A. Inc.

Bureau Veritas Kick-starts LNG Bunkering

International classification society Bureau Veritas has published a comprehensive set of guidelines on LNG Bunkering, with the aim of speeding adoption of LNG as

Delta Inks 5-Year Pact for US Crude

Delta Air Lines Inc, trying to boost savings on manufacturing of jet fuel, said on Monday it reached a five-year agreement with a Dallas energy company for 65,000 daily barrels of U.

Chinese Carbon Projects Could Exit UN Offset Market

Some developers of projects to cut carbon emissions in developing nations, particularly China, are likely to pull out of the U.N. offset scheme and move to markets with higher prices,

China's Oil Imports from Iran up 50 pct

June crude imports from Iran at 531,200 bpd, up 38 pct y/y; June crude imports lowest since Feb, down 30 pct m/m. China's crude imports from Iran in the first

Russian Gas Flows via Ukraine to EU

Russian natural gas flows to the European Union through Slovakia via Ukraine were running normally on Monday, a spokesman of the Slovak pipeline operator Eustream said.

IBIA Appoints New Events & Membership Manager

The International Bunkering Industry Association (IBIA) says it has appointed Stephen Hoare as its new events & membership manager at its Southampton office.  The

Tankship Market & Return of Contango: Analysis

This week, the Brent price curve moved into contango on what was reported to be short-term physical oversupply. In their latest 'Tanker Opinion', Poten & Partners

Europe Coal Prices on the Rise

European physical coal prices were slightly higher on Friday, on concerns about possible supply interruptions from Colombia and a further deterioration in Russia-Ukraine relations.

Evergreen Holds Naming Ceremony for New Ship

Evergreen Group held the naming ceremony for Ever Loading, the sixth of its L-type vessels to be built by CSBC Corporation in Taiwan. The ceremony took place at

Shell Pulls Out of Qatar's Block-D After Dry Well

Royal Dutch Shell has abandoned plans to explore for gas in Qatar's Block D after recent drilling failed to turn up commercial volumes at its majority-owned QSD-1 well,

S.Korea: Planned Carbon Market Flawed

South Korea's finance minister has called its impending emissions trading market "flawed in many ways", hinting that he would pressure other ministries to delay the planned 2015 launch,

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