Indonesia is considering converting two of the country’s older crude oil refineries into plants for producing…
Author: Ships & Ports
U.S. awards BP, Serica licence for North Sea field
The United States has awarded British Petroleum (BP) and Serica Energy, a new licence to run…
U.S. awards BP, Serica licence for North Sea field
The United States has awarded British Petroleum (BP) and Serica Energy, a new licence to run…
Tariff war: China cuts U.S. LPG imports
China bought nearly 3.6 million tonnes of U.S. LPG in 2017, making the United States the…
Ensco to buy Rowan in $2.38bn deal
Deep-sea oil driller Ensco Plc says it would buy smaller rival Rowan Cos Plc in an…
Crude spikes as Iranian oil exports fall
Crude oil prices on Tuesday rose as more evidence emerged that crude exports from Iran, OPEC’s…
Mozambique signs oil exploration deals with Exxon, Rosneft
The Mozambican government on Monday said it signed oil exploration agreements with U.S. energy firm Exxon…
Zimbabwe disburses $41m to tackle fuel shortages
The Reserve Bank of Zimbabwe has released $41 million for fuel procurement. The southern Africa country…
Trade war: China hikes export tax rebates
China will increase export tax rebates from Nov. 1 and quicken export tax rebate payments to…
Steel: Turkey imposes 25% duty on imports above quotas
Turkey will introduce quotas on the amount of steel it imports from Oct. 17, with an…
Oil falls as U.S. mulls waivers on Iran crude sanctions
Brent crude oil prices on Monday fell more than 1 percent after the United States said…
Cargo ships collide in the Mediterranean
Two cargo ships collided on Sunday in the Mediterranean Sea near the island of Corsica, causing…