Crooked Bough News Round-up

+ OPEC+ talks continue, no meeting delay currently expected, sources say—OPEC+ is continuing to hold talks on 2024 oil policy, with no delay to...

+ US crude, fuel stockpiles rise as refiners boost output – EIA—U.S. crude oil, gasoline and distillate inventories rose last week, as...

+ Malaysia’s Petronas sees lower profitability amid volatile oil and gas prices—Malaysias state energy firm Petroliam Nasional Berhad, also known as P...

+ Middle East Crude-Benchmarks drop as trades subdue, all eyes on OPEC+ meeting—Middle Eastern benchmarks Oman, Dubai and Murban continued to fall on ...

+ World to reckon with future of fossil fuels at COP28 climate summit—Delegates from nearly 200 countries will convene this week for the COP...

+ EU keeps EastMed gas pipeline on new list of priority projects—The European Commission has maintained a proposed pipeline connecting ...

+ US kicks off a spate of oil and gas auctions just as COP28 gets underway—The Biden administration on Tuesday will auction off 35,000 acres (14,...

+ Documents show UAE aimed to pursue gas deals ahead of COP28, BBC says—COP28 host the United Arab Emirates planned to discuss possible natura...

+ China leads global renewables race with record-breaking 230 GW installations in 2023—Currently on target to reach a record-breaking 230 gigawatts (GW) of w...

+ Oil gains ahead of OPEC+ meeting as Black Sea shutdowns support—Oil prices rose on Wednesday as investors turned their attention to an...

+ The Commodities Feed: Lower yields and weaker USD push complex higher—Energy Kazakh oil disruptions A move lower in treasury yields and a w...

+ Giant Kazakh oilfields slash output due to Black Sea storm—Kazakhstans largest oilfields Tengiz, Kashagan and Karachaganak are ...

+ Europe’s energy crisis is over—From mid-2021 until late 2022, Europe and parts of Asia were gripped b...

+ U.S. crude oil inventories down last week: API—The American Petroleum Institute (API) reported on Tuesday a decrease ...

+ Russia’s monthly gas output up in Oct, down in Jan-Oct – Kommersant—Russias gas output rose for the third month in row in October but over...

+ Alberta unveils carbon capture and storage incentive to help decarbonization—Canadas main oil-producing province Alberta on Tuesday said it would p...

+ OPEC+ talks tough, policy rollover possible, sources say—OPEC+ talks on 2024 oil policy are difficult, making a rollover of the...

+ What OPEC+ oil output cuts are already in place and what could change—Saudi Arabia, Russia and other members of OPEC are scheduled to meet o...

+ Middle East Crude-Oman, Dubai extend losses in thin trades, OPEC+ meeting in focus—Middle Eastern benchmarks Oman and Murban extended losses on Tuesday a...

+ US crude likely fell last week, while products seen up—U.S. crude stockpiles were expected to have fallen last week, while di...

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As of 11/30/23 3:53am. Last new 11/29/23 4:21pm.

+ Attacks on Merchant Shipping Unlikely to Escalate—The question of whether, how, and when the Israel-Hamas war may escala...

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As of 11/30/23 3:53am. Last new 11/29/23 7:25am.

+ Russia says bad weather still disrupting Black Sea oil exports—Russias transport ministry said on Wednesday that weather conditions i...

+ Japan’s JERA says secured three ‘Strategic Buffer LNG’ cargoes until Feb 2024—Japans JERA said Nov. 29 it has secured a total of three LNG cargoes o...

+ Kazakhstan to supply 200,000 t of oil to Germany via Druzhba in December – traders—Kazakhstan will increase oil supplies to Germany via Druzhba pipeline ...

+ South Korea’s NOFI buys 132,000 T corn from U.S., South America—Leading South Korean animal feed maker Nonghyup Feed Inc (NOFI) bought...

+ South Korea cancels tender for 50,000 T free soybeans, re-tenders—South Korea’s state-backed Agro-Fisheries Food Trade Corp. has cancel...

+ South Korea’s KFA Incheon buys up to 65,000 T corn -traders—The Korea Feed Association (KFA) Incheon section purchased up to 65,00...

+ EU 2023/24 soft wheat exports at 11.99 mln T by Nov 26—Soft wheat exports from the European Union since the start of the 2023...

+ India to step up coking coal shipments from Russia -sources—India will step up imports of coking coal, a key material in steel man...

+ Caspian Pipeline Consortium: oil exports up to 57.5 mln T so far this year—Caspian Pipeline Consortium (CPC) said on Tuesday that it has exported...

+ Delfin signs 15-year LNG supply agreement with Gunvor—Delfin Midstream Inc said on Monday it had entered into a long-term li...

+ Taiwan tenders for up to 109,325 T wheat of U.S.-origin -traders—The Taiwan Flour Millers Association has issued an international tende...

+ Pakistan tenders to buy 110,000 metric tons wheat- traders—A government agency in Pakistan has issued an international tender to ...

+ Gas condensate exports from Russia’s Yamal LNG rise 16% in Jan-November—Exports of gas condensate, a kind of light oil, from Russias Yamal LNG...

+ Shell’s Prelude LNG facility expected to resume exports next month—Shell has almost finished extensive maintenance at its Prelude liquefi...

+ China raises 2023 fuel oil import quotas by 3 mil mt to allow feedstock purchases—China has raised its 2023 fuel oil import quotas by 3 million mt for n...

+ French wheat cargoes for China delayed in export setback -traders—Several cargoes of French wheat that had been due to load for China in...

+ Russian wheat export prices rise as storms hit shipments—Export prices for Russian wheat rose last week, helped by a continuing...

+ Ukraine is shipping more grain through the Black Sea despite threat from Russia—Grain thunders into rail cars and trucks zip around a storage facility...

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As of 11/30/23 3:53am. Last new 11/28/23 5:18pm.

+ China’s Nov factory activity likely contracted for second month—Chinas manufacturing activity likely contracted for a second consecuti...

+ What China’s struggling property sector means for the global economy and markets—China’s property sector has remained under pressure, hobbling the coun...

+ US third-quarter economic growth revised up to 5.2%—The U.S. economy grew faster than initially thought in the third quart...

+ UK consumers increase borrowing at fastest pace in 5 years—British consumers increased the pace of their borrowing by the most in...

+ BoE’s Bailey vows to do ‘what it takes’ to cut inflation to 2%—Bank of England Governor Andrew Bailey said on Wednesday that the cent...

+ ECB should not set policy based on profit concerns: de Guindos—The European Central Bank should not set policy based on consideration...

+ Australia: Some welcome news on inflation—Size of the decline beats expectations The October CPI inflation print...

+ Fed’s Williams welcomes stability of longer-run inflation expectations—Federal Reserve Bank of New York President John Williams said Tuesday ...

+ Half of German companies face labour shortages despite economic stagnation – survey—Half of German companies are struggling to fill vacancies due to labou...

+ Turkey rate hikes cooled inflation views, drew investment -cenbank chief—Turkeys interest rate hikes have helped lower inflation expectations a...

+ German inflation set to continue downward trend in November—Inflation eased in November in Germanys most populous state of North R...

+ Greece sells six-month T-bills, yield drops—Greece sold 812.5 million euros ($891.39 million) of six-month Treasur...

+ Germany faces ‘high double-digit billion’ gap in 2024 budget -SPD politician—The German government must fill a high double-digit billion gap in the...

+ Spanish inflation below expectations in November—Spanish inflation further cools in November According to figures publi...

+ As global rates turn, banks in India and Indonesia set to win—As Asias banking sector navigates a peak in global interest rates and ...

+ Private enterprises deserve more financial support—The Peoples Bank of China, the National Administration of Financial Re...

+ Global watchdog proposes detailed climate disclosures from banks—A global watchdog on Wednesday proposed that, starting in January 2026...

+ Fed’s Bostic sees slower growth, falling inflation pressures—Federal Reserve Bank of Atlanta President Raphael Bostic said on Wedne...

+ Euro zone economic sentiment inches up in November—Euro zone economic sentiment increased slightly for a second consecuti...

+ With Fed likely done hiking rates, Waller flags pivot ahead—Federal Reserve policymakers look increasingly comfortable closing out...

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As of 11/30/23 3:53am. Last new 11/29/23 6:31pm.

+ OECD says UK needs tougher fiscal policy amid tax cut talk—Britains government should tighten its budgetary belt, the OECD said o...

+ Economic outlook: A mild slowdown in 2024 and slightly improved growth in 2025—Global growth is set to remain modest, with the impact of the necessar...

+ IMF keen to support Argentina, possibly through resilience trust – Georgieva—The International Monetary Fund is very keen to support Argentina and ...

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As of 11/30/23 3:53am. Last new 11/29/23 6:31pm.

+ Training project for seafarers on zero-emission ships in the making—A new training project is being launched aimed at preparing seafarers ...

+ V.Group, Aither to provide carbon credits for shipowners—Ship management and marine services company V. Group and Aither, which...

+ ‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up —The offshore wind industry, now the linchpin between several offshore ...

+ BW LPG forges JV with Confidence Petroleum, invests in LPG onshore terminal in India—Singapore-based owner and operator of LPG vessels BW LPG Limited has s...

+ Provaris raises $1.9M for hydrogen prototype tank construction and testing—Provaris Energy has received firm commitments to raise $1.9 million fr...

+ CMA CGM’s Bolloré Logistics rolls out solution to reduce CO2 impact of ships—Transport and logistics company Bolloré Logistics has launched SEAalte...

+ Azane taps Amogy to power its ammonia fuel bunker vessel—Azane Fuel Solutions, a Norwegian company developing an ammonia bunker...

+ 64% mull cutting maritime investments amid ESG concerns, reveals Woodrow study—Some 64% of senior finance professionals in the UK are contemplating r...

+ Live from Offshore Energy Exhibition & Conference 2023—Welcome to the Live Blog! Thanks to all participants, partners, sponso...

+ Alphaliner: 83% of container carriers ordered in 2023 green—‘Green’ ships accounted for 83% of container carrier capacity ordered ...

+ CMB.TECH, Boeckmans order four hydrogen-ready cargo vessels—Belgium-based developer and integrator of hydrogen solutions CMB.TECH ...

+ LR to class Capital’s ammonia-ready LCO2 Carriers—Lloyd’s Register (LR) classification society is joining hands with Gre...

+ CCS, hydrogen, and electricity cross-border energy projects hailed as ‘missing links’ to future-proof EU—EU's PCI list entails grid upgrades and the buildout of more hydrogen,...

+ Berg Propulsion to power BuBe’s hybrid tug—Swedish marine propellers manufacturer Berg Propulsion has won a deal ...

+ Swire Shipping joins Global Maritime Forum—Singapore-based shipping company Swire Shipping has joined the Global ...

+ WinGD VCR technology set to debut on NYK Line LNG-powered newbuilds—WinGD will carry out the first commercial installation of its new vari...

+ Targray joins Green Marine to back adoption of sustainable clean fuels—Canadian renewable energy company Targray has joined Green Marine, a v...

+ RINA teams up with PCF, Oceania on low-carbon LNG production and bunkering project in Port Hedland—Pilbara Clean Fuels (PCF), Oceania Marine Energy, and Italys classific...

+ RINA team up with PCF, Oceania on low-carbon LNG production and bunkering project in Port Hedland—Pilbara Clean Fuels (PCF), Oceania Marine Energy, and Italys classific...

+ RINA joins PCF, Oceania on low-carbon LNG production and bunkering project in Port Hedland—Pilbara Clean Fuels (PCF), Oceania Marine Energy, and Italys classific...

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As of 11/30/23 3:53am. Last new 11/30/23 3:53am.