News

On April 4th, NYK finalized a contract for the construction and long-term charter of a very large crude oil carrier…

Marine fuel sales in Singapore, the world’s largest bunker hub, showed a significant recovery in March after falling to a…

Four companies in Indonesia, traditionally importing marine fuel oil (MFO), will now begin purchasing from state-owned oil company Pertamina, according…

Petronas and Petrovietnam have signed new agreements aimed at deepening their cross-border oil and gas cooperation. The deals extend a…

The American Petroleum Institute (API) reported that U.S. crude oil inventories increased by 2.4 million barrels for the week ending…

JASPER, Ala. — Verby Burton, a resident of Oak Grove, expressed disappointment after attending Thursday’s meeting of the Alabama Surface…

Peabody Energy is currently “reviewing all options” regarding its $3.3 billion acquisition of Anglo American’s coal assets, following a mine…

The United States may stop Iranian oil exports if it intensifies pressure on Tehran to prevent the country from obtaining…

Last week, eight OPEC+ countries announced plans to accelerate the phase-out of voluntary oil output cuts by increasing production by…

A new forecast from the Department of Industry, Science and Resources (DISR) predicts a decrease in global demand for metallurgical…