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Linh Nguyen

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News

Russian tanker group Sovcomflot expects more pressure from Western sanctions after profit slump

Linh Nguyen -
Russia’s leading tanker group Sovcomflot blamed Western sanctions for a profit slump in 2024 and warned that new restrictions imposed on its fleet...
News

India’s BPCL plans to buy US oil via 4-mth tender, source says

Linh Nguyen -
Indian state refiner Bharat Petroleum Corp BPCL plans to float a 4-month tender next week to buy U.S. West Texas Intermediate (WTI) crude,...
News

Urals freight rates to India rise to 12-month highs, sources say

Linh Nguyen -
Freight rates for shipments of Russian Urals oil from the Baltic and Black Sea ports to India rose to their highest levels since...
News

New green maritime fuels demonstrated in the Port of Southampton

Linh Nguyen -
Today, Fortescue Green Pioneer completed a groundbreaking demonstration of ammonia fuel usage in the Port of Southampton, marking a first for the UK...
News

What would the Port of Felixstowe’s sale mean?

Linh Nguyen -
As the Port of Felixstowe looks set to be sold to new owners, what impact could the deal have?An announcement from CK Hutchison...
News

Grades firm slightly after whipsaw tariff-focused week

Linh Nguyen -
U.S. cash crude grades firmed marginally on Friday, dealers said, steadying after a rollercoaster week of uncertainty in the market around U.S. tariffs...
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Top oil executives reckon with downturn even as Trump cheers them on

Linh Nguyen -
The world’s energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even...
News

Asian spot LNG price flat amid bearish Europe gas sentiment

Linh Nguyen -
Asian spot liquefied natural gas (LNG) prices were flat this week, holding at a ten-week low amid Europe’s bearish gas price sentiment, though...
News

DNV rules 2025 – Hearing period now open

Linh Nguyen -
DNV has submitted its class rules and standards for industry hearing, which are open for comments from 1 March to 12 April. This...
News

Where did Russia’s shadow fleet come from?

Linh Nguyen -
The G7 (plus Australia) imposed a price cap on Russian oil in December 2022 to limit Russian revenue from energy exports. The sanctioning...
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