Oil and Petrochemicals
Fuel Supply Situation in the Oil Markets of Singapore and Malaysia
The fuel market in Singapore is facing severe shortages despite average demand. In Malaysia, fuel supply is also under p...
Oil and Petrochemicals
Oil and Petrochemicals
EXMAR Announces Sale of First Suezmax Tanker Under Construction
EXMAR announced the sale of its first Suezmax tanker currently under construction in international waters, with a profit...
Oil and Petrochemicals
Amin Nasser Emphasized the Need for Global Coordination to Strengthen Energy Resilience
Amin Nasser, President and CEO of Aramco, emphasized the importance of close cooperation between governments and energy...
Oil and Petrochemicals
The Upward Trend of the VLCC Market with Increased Crude Oil Demand
The VLCC market peaked last week due to increased demand for crude oil and a tightening of the vessel list. This trend h...
Oil and Petrochemicals
Agreement of Hinode Kaiun to Charter Kamsarmax Ship "New Wavelet"
Hinode Kaiun has taken another step in strengthening its fleet by chartering the Kamsarmax ship "New Wavelet" with a cap...
Oil and Petrochemicals
China Affects Shipping Market During National Golden Week Holidays
China's National Golden Week holidays from October 1 to 7, 2026, have led to a decrease in shipping and loading activiti...
Oil and Petrochemicals
Flowco Holdings Completes Acquisition of Lifting Solutions for $113 Million
Flowco Holdings expanded its operations in artificial lift technologies with the acquisition of Lifting Solutions Energy...
Oil and Petrochemicals
ConocoPhillips Signs LNG Purchase Agreement with Venture Global
ConocoPhillips has reached an agreement to purchase one million tons of liquefied natural gas annually from Venture Glob...
Oil and Petrochemicals
Gunvor Group Renamed to Centalion Group and Relocated to Singapore
Gunvor Group has changed its name to Centalion Group Ltd. and has begun plans to relocate its headquarters to Singapore.
Oil and Petrochemicals
ConocoPhillips Signs 20-Year LNG Contract with Venture Global
ConocoPhillips and Venture Global have signed a contract to supply one million tons of liquefied natural gas by 2030. Th...
Oil and Petrochemicals
Chevron Increases Its Exploration Stake in Namibia's Orange Basin
Chevron is strengthening its presence in Namibia's Orange Basin by acquiring 10% of Custos' shares in the PEL 90 field.
Oil and Petrochemicals
TOP Ships Inc. Completes Acquisition of Three New Tankers
TOP Ships Inc. has recently completed the acquisition of three high-specification tankers. These tankers are scheduled f...