SERVICES

Oil & Energy

Trafigura halts oil trade with Venezuela

Trafigura halts oil trade with Venezuela

Geneva - Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U.S. sanctions on the OPEC nation’s energy sector, a source with direct knowledge of the matter said

Sulphur cap: Maersk’s new bunker-hub in the USA
Venezuela shifts oil ventures’ accounts to Russia
China imports of crude oil and natural gas surged in 2018
“German power prices need not surge after coal exit”
Europe tops buyer for U.S. LNG

Europe tops buyer for U.S. LNG

London - Energy companies are flooding Europe with U.S. natural gas, establishing a foothold in a market dominated by Russia and seen as a key battleground in Washington’s efforts to curb Moscow’s energy influence

US shale products flood Asia markets as China builds tariff wall
Oman Shipping mulls further ship investments

Oman Shipping mulls further ship investments

Muscat - Following last week’s order for two very large crude carriers (VLCC) placed with South Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME), Oman Shipping Company is set on growing its fleet further

ADS