Global oil market seen balanced in 2018, even with rising output – IEA

Over the last few months, questions lingered about whether producers were seriously committed to their agreement to cut output and balance the market. While there may still be doubts about some

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DBS Approved by Liberia Registry for IMO Fuel Oil Data Collection System

The Liberia Registry has approved Dromon Bureau of Shipping (DBS) to provide verification services on the upcoming IMO data collection system for fuel oil consumption of ships as implemented by amendments

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2020 debate at LISW: Don’t underestimate low sulphur fuel supply challenge

Providing the global shipping industry with compliant fuels in 2020 is a challenge that should not be underestimated, according to Iain White, Global Marketing Manager ExxonMobil Marine Fuels and Lubricants.

He

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OPEC sees higher oil demand, points to tighter market in 2018

The OPEC Reference Basket rose to $53.44/b in September, its highest value since July 2015. Crude futures prices also saw gains, with ICE Brent averaging above the $55/b, supported by increasing

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Gas4Sea Selected by Statoil for LNG Bunkering in Rotterdam

Gas4Sea partners – ENGIE, Mitsubishi Corporation and NYK – have been selected by Norwegian multinational energy group Statoil to be their LNG marine fuel supplier in the port of Rotterdam, in

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