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US sanctions Russian ships for delivering fuel to Syria

US sanctions Russian ships for delivering fuel to Syria

  The U.S. Department of the Treasury has announced new sanctions against Russian entities and vessels over their alleged involvement in “a sanctions evasion...

Maersk sells off $1bn stake in Total

Maersk, Port of Rotterdam sign deal on IMO 2020-compliant fuel

  Maersk has signed a deal for the production of IMO 2020-compliant bunker fuel at the Port of Rotterdam that will cover 5-10% of the shipping giant’s annual fuel...

NNPC assures airlines of sufficient fuel supply

NNPC assures airlines of sufficient fuel supply 

The Nigerian National Petroleum Corporation (NNPC) has assured that it has enough stock of aviation fuel to meet the needs of airline operators and other consumers of...

Low-sulphur fuel to cost 30% more than the current fuel — Drewry 

Low-sulphur fuel to cost 30% more than the current fuel — Drewry 

  Early indications of prices for low-sulphur fuel oil 0.5% compliant with the IMO 2020 rule showed that the new fuel costs about 30% more than the current,...

Sulphur charge

Indonesia to enforce IMO 2020 fuel rules on ships 

  Indonesian-flagged ships will comply with new low-sulphur fuel rules that start next year, the country’s Ministry of Transportation said on Tuesday, after...

Iran grain ships stuck in Brazil without fuel due to U.S. sanctions

Iran grain ships stuck in Brazil without fuel due to U.S. sanctions

Two Iranian vessels have been stranded for weeks at Brazilian ports, unable to head back to Iran due to lack of fuel, which state-run oil firm Petrobras refuses to sell...

EU awaits Argentine response over duties exemption on biodiesel fuel

EU awaits Argentine response over duties exemption on biodiesel fuel

Producers of Argentine biodiesel have until Friday, Jan. 18 to comment on a proposal by the European Commission for them to sell at a minimum price. The proposal is to...

Strike: Unions vow to shut airports tomorrow as NNPC assures of fuel supply

Strike: Unions vow to shut airports tomorrow as NNPC assures of fuel supply

Aviation unions have vowed to paralyse the nation’s airports and disrupt flight services as they expressed their readiness to participate in the planned strike by...

Petronas delivers first LNG cargo to marine-fuel supply vessel

Petronas delivers first LNG cargo to marine-fuel supply vessel

Petroliam Nasional Bhd on Thursday supplied its first liquefied natural gas (LNG) cargo to a newly built LNG marine fuel supply vessel ahead of a new mandate for ships...

Petrol still retails at N145 per litre, says PPPRA

Kenya: New tax on fuel may halt economic growth – Industry

The Kenya National Chamber of Commerce and Industry (KNCCI), on Friday, said the country’s economic growth momentum for this year could be snuffed out if a widely...

Maersk

Maersk to spend $5.4bn on fuel in 2020

The world’s largest container shipping line says adhering to stricter environmental standards could spend about $5.4 billion as its annual fuel bill from 2020, one of...

Fuel: China's refiners seek new export markets

Fuel: China’s refiners seek new export markets

State-run oil company, Sinopec, is selling diesel as far afield as South Africa as China’s refiners seek homes for their surplus fuel in the latest sign of troubles in...