By hellenicshippingnews Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the rebound in April and May to $60 per barrel from the mid-$40s suggested that the severe drop was merely temporary. But the collapse of prices in July – owing to the Iran nuclear deal, an […]
LONDON, Aug 6 (Reuters) - Low crude prices and strong demand for gasoline are creating near-perfect conditions for oil refineries across the United States, especially those geared towards maximising gasoline production. Read full story › Source:: Reuters UK Natural Resources
The new Suez canal expansion, which officially opens on Thursday, will be a gamechanger for the future of global trade, the UK Chamber of Shipping has said. Read full story › Source : http://www.hellenicshippingnews.com
By hellenicshippingnews The amount of oil and gas produced in the UK is set to increase for the first time in 15 years, according to a leading energy body. Oil and Gas UK said early figures show production over the first six months of this year could be 2.5% higher than in 2014, suggesting an […]
