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Archives

Monthly Archive for: "January, 2022"
0
By admin
In In the News
Posted January 31, 2022

REFINERY MARGIN TRACKER: Massive storm wreaks havoc as it sweeps up US Atlantic Coast

Tight supply and rising demand lifted weekly margins across the globe with US Atlantic Coast margins showing the impact of the massive cold front and storm which swept in over the weekend, an [...]

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0
By admin
In In the News
Posted January 31, 2022

Nevada on track to reach RPS mandate of 50% renewable electricity by 2030: report

Nevada is on track to meet its Renewable Portfolio Standard of 50% of electricity generated by renewable energy sources by 2030, according to the Governor’s Office of Energy’s annual [...]

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0
By admin
In In the News
Posted January 31, 2022

New rolling RFS compliance deadlines draw cheers from refiners, jeers from others

Refineries with less than 75,000 b/d capacity have more time to satisfy biofuel blending requirements for the 2019 compliance year, and reporting deadlines for 2020, 2021, and 2022 were extended [...]

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0
By admin
In In the News
Posted January 31, 2022

OIL FUTURES: Crude reaches new 7-year highs as market eyes tightening supply outlooks

Crude futures pushed to fresh seven-year highs Jan. 31 amid ongoing Ukraine tensions and concerns that limited OPEC+ spare capacity would create tighter supply balances. NYMEX March WTI settled [...]

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0
By admin
In In the News
Posted January 31, 2022

North Sea oil and gas vital to UK energy security: industry chief

The UK’s North Sea oil and gas industry remains vital to national energy security and the sector is committed to the emissions curbs needed to meet net-zero goals, industry group Oil & [...]

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0
By admin
In In the News
Posted January 31, 2022

OPEC+ ministers to set March oil quotas under the cloud of potential Russia sanctions

OPEC and its allies are largely expected to affirm another 400,000 b/d hike in crude oil production quotas for March when they meet Feb. 2, but sure to be weighing on the virtual discussions will [...]

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0
By admin
In In the News
Posted January 31, 2022

Russia was No. 3 oil supplier to US in November as tensions threaten flows

Russia was the No. 3 oil supplier to the US in November after Canada and Mexico, US Energy Information Administration data showed Jan. 31, as the Ukraine crisis threatens to disrupt the flows. [...]

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0
By admin
In In the News
Posted January 31, 2022

Interview: KPI OceanConnect CEO sees 8% bunker growth, outpacing industry average in 2022

Bunker supplier KPI OceanConnect is targeting 8% growth in its global traded volumes in 2022, about twice that of the whole industry, company CEO Soren Holl told S&P Global Platts in an [...]

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0
By admin
In In the News
Posted January 31, 2022

UAE foils Houthi attack on its territories in third Jan incident

The UAE has foiled a Houthi attack on its territories in the third incident in January, as geopolitical tensions ratchet up in the region contributing to an oil price rally above $90/b. The [...]

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0
By admin
In In the News
Posted January 31, 2022

Aramco expected to raise Mar crude OSPs but amount uncertain: traders

Saudi Aramco is expected to increase its official selling prices for crude oil headed for Asia in March, although the amount of the hike continues to leave the market guessing, sources told [...]

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