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[l] at 5/22/22 11:00am
Argentina pumped more crude oil in April than in any month since 2011, the energy ministry said on Friday, with much of the increased production coming from the South American countrys massive shale fields. Crude output in April averaged 578,000 barrels per day (bpd), with slightly more than 40% of the total coming from the ... The post Argentina hits highest monthly crude output in over a decade first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα, Πρώτη σελιδα]

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[l] at 5/20/22 3:00pm
The Biden administration has not ruled out the possibility of placing sanctions on countries that purchase Russian oil amid the war in Ukraine, but was being careful about impacts on oil markets, U.S. Energy Secretary Jennifer Granholm said Thursday. The United States, along with Britain and Canada have placed bans on purchases of Russian oil ... The post U.S. energy secretary does not rule out secondary sanctions on buyers of Russian oil first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

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[l] at 5/20/22 3:00pm
North America Prompt supply of all grades is back on offer in New York. A supplier can deliver in 5-7 days. Several others can deliver VLSFO and LSMGO grades with 2-3 days of lead time. New York’s LSMGO price has come off against Houston and other major Americas ports this week. Prompt deliveries of VLSFO ... The post ENGINE: Americas Bunker Fuel Availability Outlook first appeared on Hellenic Shipping News Worldwide.

[Category: International Shipping News, Oil & Companies News, ΒunkerportsnewsTop, Πρώτη σελιδα]

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[l] at 5/20/22 3:00pm
Price of Kuwaiti oil dropped US$4.26 to settle at US$114.98 per barrel on Thursday, compared with US$119.24 pb on Wednesday, Kuwait Petroleum Corporation (KPC) said on Friday. Globally, price of the Brent crude went up by $2.93 to 112.04 pb, while West Texas Intermediate crude went up by $2.62 to USD 112.21 pb, reported state ... The post Kuwait oil price down $4.26 to $114.98 pb first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

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[l] at 5/20/22 3:00pm
Exxon Mobil Corp (XOM.N) on Thursday said it signed a deal to sell North Texas natural gas properties to producer BKV Corp for $750 million, as part of a wider move to shed unwanted assets. Exxon, the top U.S. oil producer, set a goal three years ago to sell by last December $15 billion in assets to ... The post Exxon to sell north Texas gas assets to BKV for $750 million first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, Βunkerportsnews]

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[l] at 5/20/22 3:00pm
Total hydrocarbon production in the Permian Delaware Basin, the top-producing play in the Permian, will hit a record 5.7 million barrels of oil equivalent per day (boepd) average in 2022, according to Rystad Energy research. Spurred on by high oil prices and appealing well economics, total production is set to grow by around 990,000 boepd, ... The post Top of the charts: Permian Delaware output to hit record in 2022, driven by private operators and soaring demand first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα, Πρώτη σελιδα]

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[l] at 5/20/22 3:00pm
The Dubai Financial Market will begin trading Oman crude oil futures next month as the bourse continues to diversify its product offerings and attract new investors. The trading of Oman crude oil contracts, a benchmark that is used by many Gulf producers to price their oil, will begin on June 1, the DFM said in ... The post DFM to start trading Oman crude oil futures next month first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

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[l] at 5/20/22 11:00am
Asian refining margin for gasoline climbed to a fresh record high of $37.27 per barrel on Friday, according to Refinitiv Eikon data which goes back to the year 2000. The crack was at $31.75 a barrel a day earlier. Source: Reuters (Reporting by Mohi Narayan; editing by Philippa Fletcher) The post Gasoline margin climbs to fresh record high first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα, Πρώτη σελιδα]

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[l] at 5/20/22 7:00am
Americans have until recently been spared the dramatic hike in natural gas prices seen in other regions of the world. While energy bills have risen sharply on both sides of the Atlantic, skyrocketing natural gas prices have hit European consumers particularly hard, threatening millions of people with fuel poverty. Earlier this month, however, natural gas ... The post US natural gas price spikes as demand from Europe grows first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα, Πρώτη σελιδα]

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[l] at 5/20/22 7:00am
UAEs Abu Dhabi National Oil Co. has discovered 650 million barrels of crude, including its flagship Murban grade, as the national oil producer ramps up exploration activity amid a target to hit 5 million b/d of oil production capacity by 2030. The biggest discovery was 500 million barrels at Bu Hasa, Abu Dhabis biggest onshore ... The post UAE’s ADNOC discovers 650 mil barrels of crude, including flagship Murban first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, Πρώτη σελιδα]

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[l] at 5/20/22 7:00am
Europe is counting on the Middle East as a critical supplier of LNG to replace Russia, but the EUs pressure on Gulf states to more rapidly embrace the energy transition is already driving a wedge between them. In a report outlining the European Commissions priorities on engagement with the Gulf, EU leaders said May 18 ... The post Europe rankles Gulf countries with energy transition push, while seeking oil, gas supplies first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, Πρώτη σελιδα]

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[l] at 5/20/22 3:00am
Energy It appears that another week will pass with the EU still unable to agree on a Russian oil ban. While it is taking longer than expected to come to an agreement, we believe that member states will eventually come to a deal. How much of an impact this will have on the market will ... The post The Commodities Feed: Another week passes with no EU ban first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα, Πρώτη σελιδα]

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[l] at 5/20/22 3:00am
Oil prices edged lower on Friday on course for little change on the week as a planned European ban on Russian oil balanced out investor concerns about weakening economic growth hitting demand. Brent futures for July were down 10 cents, or 0.1%, to $111.94 a barrel by 0920 GMT, while U.S. West Texas Intermediate (WTI) ... The post Oil steady on the week as oil supply risks meet economic headwinds first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα, Πρώτη σελιδα]

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[l] at 5/19/22 3:00pm
Prime Minister Boris Johnson has come under pressure to ease the cost-of-living crisis by issuing a one-off levy on energy companies that have gained from high oil and gas prices. The government plans to use the revenue to help households struggling with bills. But Offshore Energies UK said it already expected to pay £7.8 billion ... The post Oil and gas industry warns UK ministers against new ‘windfall tax’ first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

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[l] at 5/19/22 3:00pm
Europe will not be able to switch off Russian energy in one go and needs to think about where it can find energy volumes to replace those it rejects from Moscow, Russian Deputy Prime Minister Alexander Novak said on Thursday. Speaking at a forum, Novak said Russia exports around 4 million barrels of oil per ... The post Europe cannot switch off Russian energy in one go, says Russia’s Novak first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

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[l] at 5/19/22 3:00pm
Details remained scant May 18 on a US policy shift that could chart a path for US companies to again invest in and operate Venezuelan oil projects as the Biden administration has reportedly begun to ease oil sanctions on the country. While the administration has yet to officially announce any changes to US policy towards ... The post Biden administration mum on plans to ease Venezuelan oil restrictions; lawmakers speak out first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

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[l] at 5/19/22 3:00pm
Alexander Dyukov, head of Russian company Gazprom (MCX:GAZP) Neft, said on Thursday that oil supplies and production could be disrupted if the European Union introduces an embargo on Russian oil. He also said the company has already been redirecting its oil to promising Asian market, among other routes. Source: Reuters The post Gazprom Neft warns of oil supplies disruptions in event of Russian oil embargo first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

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[l] at 5/19/22 3:00pm
Russian deputy prime minister Alexander Novak said May 19 that after a fall of 1 million b/d in April, Russian oil production has risen by 200,000-300,000 b/d in May and will continue to increase next month, the Prime news agency reported. Following its invasion of Ukraine and harsh sanctions imposed by the West on Russian ... The post Russian oil output up 200,000-300,000 b/d in May, recovery to continue in June first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, Πρώτη σελιδα]

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[l] at 5/19/22 3:00pm
A double urgency The European Commission has responded to the global energy crisis caused by Russias war on Ukraine. It says theres a double urgency to transform Europes energy system and its reliance on the blocs dependence on Russian fossil fuels. The Commission proposes to enhance long-term energy efficiency measures, including an increase from 9% ... The post A reality check on Europe’s latest energy proposals first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsTop, Πρώτη σελιδα]

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[l] at 5/19/22 3:00pm
Oil and gas giants are increasingly selling off dirty assets to private firms, amplifying concerns that the fossil fuel industry’s traditional dealmaking is not compatible with a net-zero world. It comes at a time when oil and gas majors are under immense pressure to set short and medium-term targets in line with the goals of ... The post An energy transition loophole is allowing Big Oil to offload high-polluting assets to private buyers first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

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[l] at 5/19/22 3:00pm
Canadas oil patch will keep gushing dividends and payouts in 2023. Thats according to analysts at Scotiabank Global Equity Research who say the high price of crude and disciplined spending have given companies a significant margin of safety to keep rewarding shareholders. Such rewards were in focus as the biggest names in the sector reported ... The post Oil stocks to keep gushing dividends, payouts in 2023: Scotiabank first appeared on Hellenic Shipping News Worldwide.

[Category: Oil & Companies News, ΒunkerportsnewsΠρώτηΣελιδα]

As of 5/22/22 1:56pm. Last new 5/22/22 11:32am.

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