Low-sulphur marine fuel sales have now outpaced high-sulphur marine fuel sales in Europe's main bunkering hub and many other locations globally.
News ID: 7548 Publish Date : 2019/11/25
Venezuela's president Nicolas Maduro ordered the grounding of all commercial and private aviation in anticipation of tomorrow's nationwide protests summoned by the US-backed opposition.
News ID: 7485 Publish Date : 2019/11/15
Iranian Vice-President and Head of the Management and Planning Organization (MPO) Mohammad Baqer Nobakht said that a total sum of $2.5 to $2.4 billion is estimated to be earned from the gas price hike in the country, adding that the whole amount is planned to be distributed among 18 million families of lower economic status.
News ID: 7467 Publish Date : 2019/11/16
Argentina authorized a 5pc increase in retail motor fuel prices as it continues to dismantle a 90-day oil price freeze that was imposed in August.
News ID: 7072 Publish Date : 2019/10/31
Market participants are hopeful of upcoming Diwali festive season to boost demand and less chances of further decline in prices in near term.Further festive holidays will keep domestic HRC prices largely supported.
News ID: 6986 Publish Date : 2019/10/16
Ram Vis is chief executive and founder of international marine fuel specifications testing company Viswa Group. In this Q&A, Vis discusses some of the challenges shipowners could face with the various 0.5pc sulphur fuel specifications and the fuel tests shipowners should be running. The interview has been edited for brevity and clarity.
News ID: 6947 Publish Date : 2019/10/24
BP and Shell created this month a first batch of 0.5pc sulphur marine fuel oil at their 180,000 b/d joint venture Sapref refinery in Durban, South Africa, and they will start supplying it in the nearby port from November.
News ID: 6718 Publish Date : 2019/10/18
Fujairah-based bunkering firm Mediterranean Eastern Enterprise (MEE) has started supplying International Maritime Organisation (IMO) compliant marine fuel s.
News ID: 6684 Publish Date : 2019/10/17
A number of aluminium companies and steelmakers along with other suppliers recently filed separate complaints against four largest railroad companies in the United States. They alleged that the railroad companies in the United States conspired to raise prices and overcharge customers billions of money for freight services over a period of five years. They did this under the guise of fuel cost recovery program.
News ID: 6614 Publish Date : 2019/10/11
Iran has indigenized the technology for reducing the sulfur content of the fuel oil, which is used by the vessels, to less than 0.5 percent, IRIB reported.
News ID: 6507 Publish Date : 2019/10/03
Among the tens of thousands of Brazilians who descended on the Amazonian goldmine of Serra Pelada in the 1980s was Percy Geraldo Bolsonaro, father of the current president, Jair Bolsonaro.
News ID: 6266 Publish Date : 2019/08/29
The Iranian government is planning to increase the heavily-subsidized price of diesel to make it more realistic and to discourage smugglers who are trafficking the fuel to the neighboring countries where the price is astronomically higher by between 58 and 95 times.
News ID: 6171 Publish Date : 2019/08/25
Despite claims from politicians that Australia’s contribution to global carbon emissions is not that big, the country ranks third in the world in terms of fossil fuel exports by carbon dioxide potential, the Australia Institute think tank said on Monday.
News ID: 6088 Publish Date : 2019/08/22
Argentina is implementing a three-month freeze on crude and retail fuel prices amid a run on the peso and a sell-off of Argentinian assets following a stunning electoral primary that foreshadows a potential return to populist rule.
News ID: 5945 Publish Date : 2019/08/15
Shipping company Euronav's ultra large crude carrier (ULCC) Oceania loaded heavy crude before it set off for Asia-Pacific with its huge cargo of fuel compatible with the International Maritime Organisation (IMO) sulphur emissions rules.
News ID: 5879 Publish Date : 2019/08/12
Iran threatened to cut its imports from Brazil unless it allows the re fuel ing of two Iranian ships stranded off the Brazilian coast.
News ID: 5467 Publish Date : 2019/07/25
Jingtang and Caofeidian ports in north China's Tangshan steel production hub have prevented trucks not meeting stricter fuel emissions standards from transporting goods over 22-29 July, adding to supply disruptions.
News ID: 5438 Publish Date : 2019/07/23
China aims to list a new 0.5pc sulphur marine fuel s futures contract by the end of this year.
News ID: 5434 Publish Date : 2019/07/23
The price of oil spiked on Thursday just minutes after Tehran seized a “foreign vessel” which was “smuggling” one million liters of fuel near Larak Island in the Strait of Hormuz off Iran’s coast.
News ID: 5337 Publish Date : 2019/07/20
Marine fuel sales in Singapore fell again in June, government data show.
News ID: 5232 Publish Date : 2019/07/16
Condolence message of the Minister of Industry, Mining and Trade following the martyrdom of the President of Iran and his delegation
Condolence message from the CEO of Sangan Steel following the martyrdom of Ayatollah Raisi, the President and his companions
Leader declares five days of national mourning over loss of Raisi, FM
Iran president, FM killed in tragic helicopter crash