Archives

The US Department of Energy June 30 said it has awarded contracts to four companies for the purchase of a combined 3.2 million barrels of crude to continue refilling the Strategic Petroleum [...]

Bioenergy with carbon capture and storage, BECCS, is gaining traction as a technological solution for reducing carbon emissions while adding to the global energy supply, but experts are arguing [...]

Surging Chinese oil demand, a lingering war in Ukraine, record-low order book and robust crude trade flows have led to a bullish outlook for global tanker freight for the second half of 2023, [...]

LNG “would have to further green itself as a bunker fuel” to offer a long-term cleaner shipping solution, the Maritime and Port Authority of Singapore Chief Sustainability Officer [...]

A decrease in Mexico’s HSFO exports to the US Gulf Coast pushed the USGC high sulfur fuel oil crack vs Brent to a 21 month high on June 27, according to S&P Global Commodity Insights [...]

Renewables will play a bigger role in Ukraine’s postwar energy mix, Ukrainian Minister of Environmental Protection and Natural Resources Ruslan Strilets told S&P Global Commodity [...]

The stress on recently planted corn and soybean crop in the US is expected to ease amid forecasts for normal to above-normal precipitation in coming days across the Midwest, according to [...]

Yemeni oil and gas production has slowed to a trickle in recent months after the Iran-backed Houthis attacked oil export terminals to cut off the Saudi-backed government’s vital revenue [...]

Stockpiles of oil products at the UAE’s Port of Fujairah slipped back from a two-week high as of June 26, with a 24% fall in middle distillates inventories leading overall losses from a [...]

Trafigura has been willing to make early-stage investments in green fuels to promote maritime decarbonization, but regulators need to strengthen emissions rules so a low-carbon transition can be [...]