Crooked Bough News Round-up

+ Winter oil market outlook—Product markets in the last two months have benefitted from seasonal m...

+ Abu Dhabi Wants to Change How a Fifth of Global Oil Is Priced—The Middle East produces a fifth of the world’s oil, but the region’s ...

+ ‘Broken system’ starves U.S. oil boom of immigrant workers—New Mexico oil man Johnny Vega laid out his predicament as his crew ho...

+ Canada To Add Nearly 25% Of New Global Crude Oil Supply—Everybody knows about the great U.S. oil boom since 2008, where we hav...

+ The oil market’s dueling pressures—Two pieces of news this morning distill the competing forces acting on...

+ Venezuela’s PDVSA expects crude output rebound in 2020 -document—Venezuela’s cash-strapped state-run oil company PDVSA expects crude ou...

+ Unrest in Ecuador curbs output of nearly 900,000 barrels of oil—More than a week of unrest over anti-austerity measures in Ecuador has...

+ Nigerian crude diffs crash as freight rates bite—Differentials for Nigerian crude oil grades continued to crash on Frid...

+ Naphtha Jan-Aug demand down 85,000 bpd yr/yr -IEA—A global manufacturing slowdown has reduced naphtha demand in recent m...

+ U.S. drillers add oil rigs for first week in eight -Baker Hughes—U.S. energy firms this week increased the number of oil rigs operating...

+ Table Has Turned For Offshore Investments—As investments in tight oil increased from 2016 to 2018 and offshore i...

+ Russia’s Putin says global oil inventories need cutting to ‘reasonable level’ – Arabiya—Russian President Vladimir Putin said global oil inventories need cutt...

+ Aramco hopes to repair remaining damage from attacks by end-November—Oil major Saudi Aramco hopes to fix by the end of November the last fo...

+ IEA: Back to business as usual—Oil markets in September withstood a textbook case of a large-scale su...

+ Following Saudi Oil Attack, Aramco Pushes Ahead With IPO Plans and Restoring Oil Production—Topline: In the wake of last month’s attack on Saudi Aramco oil facili...

+ Sometimes It’s Good to Own an Oil Giant—British Petroleum (NYSE:BP) is one of the largest multinational oil an...

+ Libya’s oil revenue in 9 months of 2019 hit 22.7 billion dinars—Libya’s oil revenues reached 22.7 billion Libyan dinars ($16.09 billio...

+ BP warns of third-quarter charges as it spurs $10 billion divestment target—BP will take charges of $2 to $3 billion in the third quarter, the Bri...

+ Oil rises 2% after reports of Iranian tanker attack—Oil prices rose more than 2% on Friday after Iranian media said a stat...

+ Dubai futures: Brent/Dubai tightens amid scant spot market activity—Benchmark Dubai crude futures’ discount to ICE Brent was tighter...

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As of 10/13/19 11:25pm. Last new 10/13/19 3:19pm.

+ Iranian Tanker INCIDENT – Red Sea -11 Oct 19—Situation Reports suggest that an explosion has inflicted damage on an...

+ Protection Vessels International: Weekly Maritime Security Report—Peru: Robbers board bulk carrier at Callao Anchorage 30 September Four...

+ Weekly Maritime Security Report—Peru: Robbers board bulk carrier at Callao Anchorage 30 September Four...

+ Maritime Insecurity: Cost Of Armed Guards Crippling Shipping Business —Operators—Operators in the eastern ports have raised the alarm that government a...

+ Piracy activities drop on Nigeria waterways: official—Recent records had shown drop in maritime crime and piracy in Nigeria ...

+ 38 Navies, 27 Coast Guards to Attend Global Maritime Security Confab, Says Dakuku—Director-General of the Nigerian Maritime Administration and Safety Ag...

+ UKMTO Weekly Piracy Report 26 September – 6 October 2019—Warnings, advisories and piracy incidents in the Indian Ocean Area by ...

+ GMSC: NIMASA seeks collective action against piracy—As the world gather in Nigeria to take collective action against pirat...

+ Mexican pirates posing greater risk in Gulf of Mexico to oil workers, tourists—In the calm waters of the Gulf of Mexico, drilling platforms hum away ...

+ Protection Vessels International: Weekly Maritime Security Report—India: Robbers board LPG tanker at Kakinada Anchorage 23 September Fou...

+ Nigeria, Others Lose $2bn to Pirates’ Attacks Annually, Says Naval Chief—The Chief of Naval Staff, Rear Admiral Ibok Ekwe Ibas, has revealed th...

+ Where and Why Do Modern Pirate Attacks Happen?—When you hear about pirates, the first thing that probably comes to mi...

+ UKMTO Weekly Piracy Report 22 – 28 September 2019—Warnings, advisories and piracy incidents in the Indian Ocean Area by ...

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As of 10/13/19 11:19pm. Last new 10/11/19 1:55pm.

+ Korean shippers set to join hands to win huge LNG shipping orders from Qatar—South Korean shippers are considering joining hands to win massive liq...

+ Korea Expected to Spearhead Establishment of International Standards on LPG-Fueled Ships—South Korea is expected to lead a move to set up international standar...

+ Hyundai Mipo Dockyard workers stage strike for 1st time in 23 yrs—Unionized workers at Hyundai Mipo Dockyard Co., an affiliate of South ...

+ Hyundai Heavy unit wins 113 bln-won crude carrier order—Hyundai Samho Heavy Industries Co., a local shipbuilder, said Thursday...

+ S. Korea lags behind China in shipbuilding orders last month—South Korea was relegated to the second spot in global shipbuilding or...

+ Qatar Highly Likely to Place LNG Carrier Orders within Year—Qatar Petroleum is expected to select builders for its LNG carriers wi...

+ OSC to enhance ties with Chinese shipyards—Oman Shipping Co, the shipping arm of Omani logistics firm Asyad Group...

+ Korean Shipbuilders Winning Orders for LNG-Powered Vessels—The three major Korean shipbuilders are winning a growing number of or...

+ Samsung Heavy to build 6 of world’s largest container ship for US$920 mln—Samsung Heavy Industries Co., a major shipbuilder in South Korea, said...

+ Bloom Energy Takes to the Seas With Samsung Heavy Industries—When a company is a privately held start-up, it can ride the wave of h...

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As of 10/13/19 11:25pm. Last new 10/13/19 3:20pm.

+ Brexit extension, election still most likely, says UBS—UBS Wealth Management said on Friday it still expects the UK governmen...

+ Hard Brexit won’t hit us, 60% of Germany’s small and medium-sized firms say—Around 60% of Germany’s Mittelstand, the small and medium-sized ...

+ Money markets cut rate cuts bets on BoE, ECB as Brexit hopes lift gloom—Investors rapidly scaled back expectations for interest rate cuts in B...

+ ADB Asian Development Bank : Prices $3 Billion 5-Year Global Benchmark Bond—The Asian Development Bank (ADB) returned to the US dollar bond market...

+ US Import Prices Rose 0.2% in September—Prices for foreign-made goods imported to the U.S. rose 0.2% in Septem...

+ Trump says economy is the ‘greatest,’ Powell says it’s in a ‘good place,’ but both are wrong—President Donald Trump says he’s presiding over “the greatest economy ...

+ China announces timetable for full financial sector opening in 2020—China announced a firm timetable for opening its futures, brokerage an...

+ Trump Strikes Upbeat Notes on Trade Talks—President Trump sent optimistic signals regarding a possible trade bre...

+ Spend more if you want ECB to raise rates, Draghi tells governments—Euro zone governments can help the European Central Bank raise interes...

+ U.S. Fed eases post-crisis rules for domestic, foreign banks—The U.S. Federal Reserve on Thursday unveiled a final package of rules...

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As of 10/13/19 11:25pm. Last new 10/13/19 11:25pm.

+ World urgently needs to quicken steps to reduce global warming -IMF—Countries around the world should urgently begin accelerating efforts ...

+ OECD leading multilateral efforts to address tax challenges from digitalisation of the economy—Yesterday the OECD Secretariat published a proposal to advance interna...

+ Trade war could cost global economy $700 billion by 2020, new IMF chief says—The trade war between the U.S. and China could mean the loss of around...

+ IMF and World Bank’s New Leaders Warn of Deteriorating Global Outlook—The new leaders of the International Monetary Fund and World Bank warn...

+ Easing growth momentum expected to continue in largest OECD economies—Composite leading indicators (CLIs), designed to anticipate turning po...

+ IMF to postpone planned quota increase due to U.S. resistance – source—The International Monetary Fund is set to postpone its plan to raise i...

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As of 10/13/19 11:25pm. Last new 10/10/19 4:36pm.

+ Teekay Inks Hummingbird FPSO Employment Extension—The unit will continue working on Chestnut Joint Venture's North Sea f...

+ Readers’ Picks of the Week (October 7 – 11, 2019)—Here are the most popular news from last week. [[ This is a content s...

+ Spain: Cruise Ship Passenger Dies after Falling Overboard—Spanish authorities recovered a body of a cruise ship passenger in the...

+ Fincantieri: First Steel Cut for Cunard’s Next-Generation Cruise Ship—Italian shipbuilder Fincantieri cut the first steel today for Cunard's...

+ DFDS Takes Delivery of Third Chinese-Built RoRo—The RoRo is yet to be named. [[ This is a content summary only. Visit...

+ Pa-X-ell2: First Fuel Cells for AIDAnova—AIDA Cruises is taking part in Germany's research project which will t...

+ DSME Lands LNG Carrier Duo Order—The vessels are scheduled for delivery in 2022. [[ This is a content ...

+ Iranian Tanker Damaged After Explosion off Jeddah—An Iranian tanker has suffered an explosion and caught fire in a suspe...

+ Maersk Tankers Names 18th MR Unit—Maersk Tankers is nearing the completion of its MR fleet renewal progr...

+ Hudson Shipping Joins Trident Alliance—The company joined the Trident Alliance as part of its ongoing ‘green’...

+ Sweden: Leaking RoRo Wreck to Be Emptied of Oil—Finnbirch, a Swedish shipwreck that sunk in the Baltic Sea in 2006, wi...

+ VV: Growth of Large LNG Sector to Continue into 2020—VV: The sector is being driven by increasing demand as more countries ...

+ Hyundai Heavy Obtains Second USCG BWMS Type Approval—This is the 22nd certificate issued by the U.S. Coast Guard. [[ This ...

+ CCG: Self-Unloader Grounds in St. Lawrence Seaway—A Handy self-discharging bulk carrier went aground in the St. Lawrence...

+ Astro Ocean Cruise’s First Ship Named in China—Piano Land began embarked on its maiden cruise in late September. [[ ...

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As of 10/13/19 11:25pm. Last new 10/13/19 11:25pm.