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U.S. petroleum product exports set record high in 2018

24/04/2019

U.S. exports of total petroleum products set a record high in 2018, reaching an annual average of 5.6 million barrels per day (b/d), an increase of 366,000 b/d from 2017 levels. The three largest petroleum product exports from the United

Benchmarking the Eagle Ford play

24/04/2019

Our team of upstream experts regularly guide clients who need to gain a clear, concise and comprehensive view of why their investment is floundering. Lately, clients expressed growing concerns surrounding an under-performing operator in the Eagle Ford. Clients want to

API: U.S. Continues To Lead The World In Natural Gas Liquids And Crude Oil Production; Petroleum Demand At Strongest Lev

23/04/2019

The American Petroleum Institute’s latest monthly statistical report showed that the U.S. sustained its position as the world’s leading oil producer, continuing a pace of 12.1 million barrels a day (mb/d), matching February 2019. In addition, petroleum demand in March

The Hong Kong Seaport Alliance Heralds New Era For Opportunity And Growth

23/04/2019

The Hong Kong Seaport Alliance (The Seaport Alliance) is a contractual agreement between Hongkong International Terminals Limited (HIT), COSCO-HIT Terminals (Hong Kong) Limited (COSCO-HIT), Asia Container Terminals Limited (ACT) and Modern Terminals Limited (MTL) to collaborate on operations at Kwai

North P&I Club – It’s time to prepare for the big switch

19/04/2019

North P&I Club has updated its guidance on the 2020 Sulphur Cap for Members, helping them prepare for the big switch to compliance on 1 January 2020. Following on from a comprehensive programme of events, training sessions and publications which

Freight throughput in the Port of Rotterdam grows by 5.1% in first quarter of 2019

19/04/2019

In the first quarter of 2019, 5.1% more freight passed through the Port of Rotterdam than in the same period last year. In total, 123.9 million tonnes were handled compared with 117.8 million tonnes in the same period in 2018.

A floating world

18/04/2019

A floating pen for mariculture with no environmental footprint; Offshore Membrane Enclosures for Growing Algae to produce biofuel; a self-sustainable, submerged astronaut training facility to simulate living in the depths of space; ocean thermal energy conversion, floating solar-powered bike paths,

The Alfa Laval FCM LPG booster system excels with the new LPG-fuelled engine from MAN Energy Solutions

18/04/2019

As the marine industry embraces a growing range of alternative fuels, including LPG and ammonia, Alfa Laval is committed to providing the advanced fuel systems needed for engine protection and efficiency. In partnership with MAN Energy Solutions, the Alfa Laval

OPEC: Summer oil market outlook

17/04/2019

The performance of product markets typically follows seasonal patterns, with refining margins recovering during the driving season in the Northern Hemisphere. Last summer, refinery margins across the globe saw some support, but exhibited only a mixed performance year-on-year.

US refinery margins

In 2018, the United States consumed more energy than ever before

17/04/2019

Primary energy consumption in the United States reached a record high of 101.3 quadrillion British thermal units (Btu) in 2018, up 4% from 2017 and 0.3% above the previous record set in 2007. The increase in 2018 was the largest

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