Oil supply seen outpacing consumption in 2018, demand to top 100 mln bpd

In this Report, we publish our first look at what 2018 might have in store. This is timely in view of the recent extension until March of the output cuts. However,

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Fitch: Cash Flows Help Stabilise EMEA Integrated Oil Outlooks

European integrated oil and gas companies have largely adapted to lower oil prices and most of them should be able to broadly balance their sources and uses of cash in 2017-2018,

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Ecoslops one step closer to creating a new micro-refinery unit in the port of Antwerp

Ecoslops, an innovative technology company that regenerates ship-generated hydrocarbon residues (or “slops”) into valuable new fuels and light bitumen, today announced a new step in the establishment of a micro-refinery unit

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OPEC sees oil market rebalancing at slower pace, says output rises

Crude Oil Price Movements
The OPEC Reference Basket fell 4.2% in May to average $49.20/b. Crude futures prices tumbled as supply continue to be plentiful with US output continuing its upward

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Piraeus Port Authority Signs Memorandum of Understanding (MOU) With Shanghai International Port Group

An important Memorandum of Understanding (MOU) was signed yesterday, June 12th 2017, between PPA SA and Shanghai International Port Group, the biggest commercial port of the world. The MOU was signed

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