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Dutch See Rise in Russian LNG Imports, Urge Further Sanctions

Sep 23, 2024

Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions, the Dutch government said on Monday.Imports of Russian LNG at the GATE terminal in Europe's largest sea port have increased in the third quarter, as the average number of Russian carriers that arrived there doubled to two per month…

Jet Fuel, up 11%, Powers Tanker Market

Oct 16, 2024

“During the first nine months of 2024, seaborne shipments of jet fuel increased 11% over 2023,' said Niels Rasmussen, Chief Shipping Analyst at BIMCO. 'Shipments were equivalent to 461 million barrels or 1.7 million barrels per day (mbpd). At the same time…

US LNG Exports Dip in September

Oct 09, 2024

U.S. exports of liquefied natural gas fell slightly in September as plant maintenance trimmed output, while Europe remained the leading destination, data from financial firm LSEG showed.Gulf Coast plants escaped any major impact from hurricanes last month…

Tanker Vessels Flock to Guyana as Oil Exports Soar 58%

Oct 09, 2024

“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen…

Fire Erupts at Oil Depot in Crimea

Oct 07, 2024

A fire broke out at an oil depot in the city of Feodosia on the Crimean coast of the Black Sea, Russian-appointed officials in the Crimean Peninsula that Moscow annexed from Ukraine in 2014 said on Monday.There were no casualties, Oleg Kryuchkov…

Oil Loadings from Russia's Port of Novorossiisk Revised Up for October

Oct 07, 2024

Oil exports from Russia's Black Sea port of Novorossiisk were revised up by 0.22 million metric tons from a previous forecast to 2.42 million tons for October, two sources familiar with the plan said on Monday.Initially oil loadings from Novorossiisk…

Gassco Restarts Key Gas Export Plant After Maintenance

Sep 20, 2024

Norwegian gas infrastructure operator Gassco has restarted the Kaarstoe processing plant, a key hub for gas supplies to Germany, and is ramping up output following three weeks of maintenance, the company said on Friday.'Kaarstoe is in the start…

Russia's Seaborne Oil Product Exports Dip

Sep 20, 2024

Russia's seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from industry sources and Reuters calculations showed.Russia's offline primary oil refining capacity for August at 2.95 million tons was up from July's level by some 3%…

Libyan Crude Exports Rise Sharply

Sep 16, 2024

Libyan crude exports reached about 550,000 barrels per day last week, a three-fold increase on the previous week, according to data from analytics firm Kpler and a shipping agent.Tankers carrying crude including Flavin, Pacific Pearl, Ghibli…

Höegh LNG Rebrands as Höegh Evi

Sep 16, 2024

Marine energy infrastructure solutions company Höegh LNG announced it has rebranded as Höegh Evi in a move that reflects its expansion beyond liquefied natural gas (LNG) vessels and terminals.Standing for “energy vector infrastructure,” the name Evi encompass a wider range of clean energy solutions…

Loadings Picking up at Russia's Arctic LNG 2

Sep 16, 2024

The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine…

US LNG Exporters Expected to Escape Brunt of Hurricane Francine

Sep 12, 2024

U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana…

US Gulf Coast Energy Facilities Brace for Storm Francine

Sep 10, 2024

Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday…

US Gulf Coast-bound Fuel Oil Cargoes Hit Five-year Low

Sep 06, 2024

Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery demand as margins have softened, analysts said.Feedstocks like high sulfur fuel oil and other heavy residues…

Oil Loadings at Russia's Western Ports on the Rise

Sep 06, 2024

Russia will increase oil exports via its western ports to 1.98 million barrels per day (bpd) in September, up by just 30,000 bpd from August, despite expected start of seasonal maintenance on Russian refineries, two trade sources said on Friday…

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Romania Approves Railroad Funding for Black Sea Port of Constanta

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