Global Energy Industry News

Chinese tax hikes slash fuel oil imports 30 pct so far this year

March 25, 2015
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GRAPHIC: China’s fuel oil imports: http://link.reuters.com/duz68v

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Source:: Reuters UK Natural Resources […]

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Vitol charters first LR3 tanker along Persian Gulf-Japan route

March 17, 2015
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Vitol is slated to ship the first-ever naphtha cargo on a Persian Gulf to East voyage on a larger LR3 tanker after being awarded Abu Dhabi National Oil Company’s sell tender for 120,000-125,000 mt of low sulfur naphtha for loading from Ruwais over […]

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UPDATE 1-Brent sticks above $60; Iran news offsets bearish US stockpiles data

March 5, 2015
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* Saudi Arabia expects oil price to stabilise (Adds quotes, updates prices)

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Source:: Reuters UK Natural Resources […]

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US oil majors set to buy smaller players

March 5, 2015
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As shale minnows’ access to capital narrows, bid activity will rise Read full story ›

Source:: FT.com Oil and Gas […]

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