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China’s newest refiner Yulong to test run second crude unit in late March, sources say

China’s newest refiner Shandong Yulong Petrochemical is expected to start test operating its second crude oil processing unit late this month, trading sources...

US natural gas prices hit more than 2-year high on record LNG exports, supply concerns

U.S. natural gas prices hit their highest level in more than two years on Monday, supported by record flows to liquefied natural gas...

Prices rise on lower temperature forecast

Dutch and British wholesale gas prices rose on Monday morning, rebounding from lows late last week, on forecasts of lower temperatures and as...

Asia Distillates: Thin activity plagues market; traders eye April offers

Asia’s middle distillates markets were thinly discussed at the start of the trading week, with a buy-sell gap still hindering trades and talks...

Greece reaffirms commitment to subsea power link to Cyprus

Greece reaffirmed on Monday its commitment to building a subsea electric cable planned to link continental Europe to the East Mediterranean, following reports...

US energy secretary promises executives faster industry development

In one of his first meetings with oil and gas executives since being confirmed as U.S. energy secretary, Chris Wright said he intended...

PIL advances fleet renewal with the naming of its fourth 14,000 TEU LNG Dual-Fuel Container Vessel

Pacific International Lines (PIL) is proud to announce the naming of its fourth 14,000 TEU LNG dual-fuel container vessel. The vessel was named Kota...

Lloyd’s Register and Fugro announce agreement to streamline USV fleet certification and maintenance

Lloyd’s Register (LR) and Fugro have announced a block fee agreement to streamline the in-service certification and maintenance of Fugro's growing fleet of...

Europe’s LNG summer buying binge puts market on razor edge

The European gas market is bracing for further volatility as it enters the crucial summer restocking season facing tighter global supplies of the...

OPEC+’s ‘healthy’ crude oil market is an illusion, Trump effect isn’t

The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to “the healthy market fundamentals and the positive...
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