Tankers News

 

Brent Crude Eases, as Canadian Supply Drop Boosts U.S. Futures

Feb 20, 2018

Monday U.S. holiday pulls WTI's Friday gain into Tuesday. Brent crude oil prices eased on Tuesday, pulled down by a stronger dollar and a bout of profit-taking, while U.S. futures gained, bringing the discount between the two key futures contracts to a six-month low…

Brent Crude Nears $70 on OPEC Cuts, Demand

Feb 02, 2018

UBS sees upside for demand growth in 2018. Reuters survey shows strong compliance with output cuts. Brent oil prices held near $70 per barrel, supported by strong compliance with output cuts by OPEC and its ally Russia, as well as expectations for strong demand growth in 2018…

Trafigura to Ship Oil from Permian to Corpus Christi

Jan 23, 2018

Commodities trading house Trafigura said on Tuesday it signed a new agreement with Plains All American Pipeline to transport 300,000 barrels of crude oil per day from the Permian basin to the port of Corpus Christi, in a move aimed at boosting exports…

IEA Sees Oil Markets Tightening as PDVSA Output Sags

Jan 19, 2018

As U.S. oil output is poised to overtake Saudi Arabia, Venezuelan oil output is at 30-year low - and could fall further. Global oil markets are tightening quickly on falling supply from Venezuela, which posted 2017's biggest unplanned output fall and could see a further decline in 2018…

InterMoor completes COOEC projects

Oct 22, 2014

InterMoor, an Acteon company, has completed two major offshore projects for China Offshore Oil Engineering Corporation (COOEC).  To extend the life of the Hai Yang Shi You III FPSO, the first project involved full mooring system replacement in the Panyu field…

Tank support for the LNG revolution

Jul 22, 2014

A modern descendant of the first LNG containment system for ships could become one of the key technologies carrying gas transport and trading into tomorrow. Joe Evangeilsta reviews its evolution.  When the new Panama Canal opens in late 2015…

Euronav receives first 8 VLCCs from Maersk Singapore

Jul 01, 2014

On 5 January 2014, Euronav NV announced it would acquire 15 very large crude carriers (VLCC) from Maersk Tankers Singapore Pte Ltd. Today, Euronav said that eight of the VLCCs have been delivered in the first half of 2014. Deliveries…

BG signs Windsor Knutsen charter

Jun 13, 2014

KNOT Offshore Partners LP formed an agreement with Brazil Shipping I Ltd., an affiliate of BG Group, for the time charter of shuttle tanker Windsor Knutsen, the company announced on 13 June 2014. The charter has an initial term of two years…

Current News

Shell's Gulf of Mexico Offshore Oil Transfer Platform to Be Offline Until Year-end

Shell's Gulf of Mexico Offshore Oil Transfer Platform to Be Offline Until Year-end

BP Brings Online Matapal Project Offshore Trinidad and Tobago

BP Brings Online Matapal Project Offshore Trinidad and Tobago

Lebanon's Prime Minister Seeks Clarification over Halliburton's Offshore Drilling Deal in Israel

Lebanon's Prime Minister Seeks Clarification over Halliburton's Offshore Drilling Deal in Israel

Response to Speculation: UK's SSE Says No Break-up Decision Made

Response to Speculation: UK's SSE Says No Break-up Decision Made

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