- Bangladesh scraps new floating LNG projects for land-based terminals
November 20, 2018
Bangladesh will scrap plans to build additional floating liquefied natural gas import (LNG) terminals in favour of land-based stations, a senior government official said.
Read Article
- New shipping rules may drive up Hawaii's power bills
November 19, 2018
Hawaii residents already paying the nation’s highest rates for electricity soon may see a sharp increase in prices because of international regulations for ships set to go into effect in 2020. That’s the conclusion of Shasha Feharaki, a ...
- New Mediterranean refining capacity to dislocate fuel markets
November 16, 2018
Three major centres for oil demand in the Mediterranean are expanding refinery capacity, squeezing traders and exporters including India and the Middle East out of traditionally busy markets for petroleum products such as diesel and gaso...
- India's African oil imports hit three-year high in October
November 14, 2018
India's oil imports from Africa in October rose to their highest level since August 2015, after a fall in Brent's premium to Dubai swaps made African crude more attractive, tanker arrival data from industry sources showed.
Read Artic...
- US oil boom cut $250 billion fro the trade deficit
November 14, 2018
A decade-long oil boom in the U.S. has cut into the overall U.S. trade deficit by hundreds of billions of dollars, according to business information provider IHS Markit.
Read Article