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Saturday, April 26, 2025

Oil

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Oil

OPEC+ would seek to bring Iran into oil supply deal

OPEC+ will work to integrate Iran into its oil supply-limiting accord should agreement be reached on reviving its nuclear deal with world powers, sources...

Asian refiners eager to resume Iranian oil imports as high prices bite

Asian refiners, traditionally big buyers of Iranian oil, are keen to resume imports from Iran if there is an agreement to revive a 2015...

Iranian crude inflows seen in Dec for first time in 2021, at 62,000 b/d

Iranian crude inflows were seen in China’s official data in December for the first time in 2021, at 260,312 mt or 61,551 b/d, General...

ExxonMobil Makes Pledge for Net Zero GHG Emissions by 2050

Exxon Mobil Corp on Tuesday pledged to cut to zero its net carbon emissions from its global operations by 2050, a step in the...

Libya Says Oil Output Back to 1.2 Million Barrels a Day

Libya’s oil production has picked up again after a blockade of its western fields ended and ports in the east reopened, according to the...

Oil Steadies After Longest Run in 10 Months

Oil futures in New York dipped after their longest run of gains since February, as the market weighed a series of supply outages against...

U.S. crude, fuel stocks fell last week; output rises – EIA

U.S. crude stocks, gasoline and distillate inventories fell last week, while U.S. oil production rose to the highest since May 2020, Energy Information Administration...

Asia Fuel Oil VLSFO crack soars to highest since Feb 2020

Asia’s first month for 0.5% ultra-low sulfur fuel oil (VLSFO) rose on Tuesday, reaching its highest level in more than 22 months, supported by...

Saudi Arabia’s oil exports value jumps 123% in October

Saudi Arabia’s oil exports grew more than 123 percent year-on-year in October 2021 or 45.5 billion riyals ($12 billion), data issued by the Saudi...

Saudi Arabia’s October crude oil exports hit 18-month high

Saudi Arabia’s crude oil exports in October rose for a sixth straight month to their highest since April 2020, the Joint Organisation Data Initiative...

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TechnipFMC announces first quarter 2025 results

TechnipFMC reported first-quarter 2025 results. Summary Financial Results from Continuing Operations Reconciliation of U.S. GAAP to non-GAAP financial measures are provided in financial schedules.  Three Months EndedChange(In...

Excelerate Energy announces pricing of $800 million upsized offering of 8.000% senior notes due 2030

Excelerate Energy announced that Excelerate Energy Limited Partnership, a subsidiary of Excelerate, has priced its offering of $800 million in aggregate principal amount of...

CMB.TECH buys Hemen stake in Golden Ocean

CMB.TECH NV announced that it has entered into a share purchase agreement with Hemen Holding Limited, for the acquisition of 81,363,730 shares in Golden...

Lindsell Train buys stake in Clarksons

Clarkson PLC, a UK-based company, has announced a change in its major holdings. Lindsell Train Limited, based in London, has acquired or disposed of...

Excelerate Energy announces proposed offering of $700 million of senior notes due 2030

Excelerate Energy announced that Excelerate Energy Limited Partnership, a subsidiary of Excelerate, has commenced an offering of $700 million in aggregate principal amount of...

Celebrate the start of summer 2025 with six MSC cruise ships sailing across Greece...

· MSC Cruises strengthens its presence in Greece this summer with six ships calling...

MASH Makes powers first vessel trial with biofuel from a carbon-negative process

Global shipping company DS NORDEN and renewable energy company MASH Makes have successfully completed...

S&P Global agrees to acquire ORBCOMM’s Automatic Identification System business

S&P Global announced an agreement to acquire the Automatic Identification System data services business...

Samsung awarded compensation in case against ZIM

Zim Integrated Shipping Services has been ordered to pay Samsung Electronics $3.7 million in...

Baltic Index rises to over two-week high as all vessels post gains

The Baltic Exchange’s dry bulk sea freight index extended gains on Thursday, reaching a...

Singapore’s PSA weighs selling minority stake in CK Hutchison’s Ports Business

Singapore’s PSA International is exploring the sale of its 20% stake in CK Hutchison‘s ports business, two people with knowledge of the matter said,...

Port of Antwerp vigilant over US tariffs impact

In the first quarter of 2025, Port of Antwerp-Bruges handled 67.7 million tonnes of cargo, a drop of 4.0% compared to the same period...

Stolthaven Terminals partners with Rönesans Holding on a landmark terminal in Türkiye

Stolthaven Terminals partnered with Rönesans Holding on the development of a new terminal, located in Ceyhan, Adana, Türkiye. The facility is part of a large-scale...

APSEZ acquires 50 MTPA capacity NQXT Australia, accelerating path to 1 billion tonnes p.a. by 2030

The Board of Directors of Adani Ports and Special Economic Zone, India’s largest integrated Transport Utility company has approved the acquisition of Abbot Point...

Piraeus to be reinforced with additional Port Guard officers

Minister of Maritime Affairs and Insular Policy, Vasilis Kikilias, asked for the reinforcement of the port of Piraeus with 50 additional Port Guard officers,...