A fire erupted on Saturday at an oil terminal in Venezuela when a hose used for supplying gasoline to a tanker broke lose, the country's oil minister Tareck El Aissami said.The fire, which occurred early on Saturday at one of Guaraguao terminal's berths…
Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni's chief executive said on Wednesday.Italy has already secured additional gas imports from Algeria and Norway to make up for a fall in supplies from Russia…
Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposition derailed a previous wave of proposed LNG terminals.This time, companies are…
Cuba is using a combination of ship-to-ship transfers and floating oil storage to ease fuel scarcity and power cuts following a fire that destroyed a portion of its main oil terminal, vessel tracking data showed.Cubans have endured daily blackouts…
The U.S. Army Corps of Engineers has released the Final Environmental Impact Statement for the North Wing of the BP Cherry Point Marine Terminal, which is located near Ferndale, Wash. The Notice of Availability was published in the Federal Register by the Environmental Protection Agency today…
Massive clouds of steam rose from Cuba's largest fuel depot in Matanzas on Wednesday as firefighters, helicopters and boats poured water and foam on the smoldering remains of the largest fire in the island's history.Black charcoal covered with white ash remained red hot after the flames died down…
The Society of International Gas Tanker and Terminal Operators (SIGTTO) has appointed Ian Revell as its new Chief Executive Officer & General Manager, in succession to Capt. Andrew Clifton.SIGTTO President, Steffen Jacobson, said, “I am very…
The second-largest U.S. liquefied natural gas (LNG) exporter on Wednesday said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October.Freeport LNG shut the plant…
Tanker owner/operator Ardmore Shipping Corporation on Wednesday announced the planned departure of its current chief financial officer Paul Tivnan and appointment of new CFO Bart Kelleher, effective September 28, 2022.Anthony Gurnee, Ardmore's chief executive officer…
The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies hit by sanctions head to Asia, industry sources and analysts said.A rise…
U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe following Russia's invasion of Ukraine and subsequent sanctions against Moscow. In coming years U.S. oil may find even more buyers overseas, but that could test the capabilities of U…
An Iranian-flagged tanker seized by Greece in April, part of whose cargo was confiscated by the United States, was being towed to the port of Piraeus on Saturday, Greek coast guard officials said, after Greek authorities approved its release…
Shipbroker Gibson said that it had received a number of resignations from its Suezmax and Aframax broking desks on June 29, according to an email from its managing director Roger Harrison on Thursday.Suezmax and Aframax tankers are usually used in the transport of crude and some oil products…
Venezuela's oil exports last month fell to the lowest level since October 2020 as repairs at the country's main oil port added to delays shipping cargoes, documents from state-run PDVSA and vessel tracking data showed.Exports from the U.S.-sanctioned…
A Singapore trade data sharing platform backed by banks, commodity houses and state firms has signed up 70 participants as part of the city-state's attempts to bolster confidence after a spate of commodity trade finance frauds in recent years…
