20/05/2020 Norway produced more oil, less gas than expected in April Norway’s oil production jumped in April from the previous month, beating official forecasts by 1.8%, the Norwegian Petroleum Directorate said | 20/05/2020 Asia has already begun coal to gas switch – Kpler Cumulative thermal coal imports into the world’s top two consumers – China and India – began falling from March in |
20/05/2020 Frontline Reports Best First Quarter Results in 12 Years Amid Historically Low Breakeven Rates Frontline Ltd., yesterday reported unaudited results for the three months ended March 31, 2020. Highlights • Net income of $165.3 million, or | 20/05/2020 IEA to step up support for Iraq’s power and gas sector The International Energy Agency will ‘step up’ its support for Iraq, Opec’s second-largest oil producer as it faces possible delays |
20/05/2020 Russia resumes oil product exports to North Korea – Ifax cites ambassador Russia has resumed oil product exports to North Korea after a brief pause linked to the coronavirus outbreak, the Interfax | 20/05/2020 Why COVID-19 rebound hopes are weighing down tanker stocks It was a huge day for U.S. stocks, with the Dow surging by over 900 points on news of a |
20/05/2020 Key question for oil traders: How will collapse in U.S. rig count translate into shale production cuts? The number of U.S. oil rigs is falling at an unprecedented pace in the wake of collapsing crude prices, but | 20/05/2020 Saudi pips Iraq as top oil supplier to India in April -trade Saudi Arabia replaced Iraq as the top oil supplier to India in April after a gap of three months as |
20/05/2020 UK GAS-Day-ahead down amid weak demand, oversupply and quiet trade British day-ahead wholesale gas declined amid oversupply, weak demand and quiet trade. * The day-ahead contract was 0.20 pence lower at | 20/05/2020 Higher tax, expenses eat into Bintulu Port’s 1Q net profit Bintulu Port Holdings Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) sank 21% year-on-year (y-o-y) as |
20/05/2020 SFL – Acquisition of 2020-built VLCC with long term charter SFL Corporation Ltd. announces that it has agreed to acquire a newbuild 308,000 dwt crude oil carrier, or “VLCC”, in | 20/05/2020 Sri Lanka’s Colombo Port Could Expand To Full Maritime Hub With Policy Changes: Industry Expert Sri Lanka’s Colombo port has to diversify beyond being a transshipment port to be a true maritime hub, offering bunkering |
20/05/2020 Nordic American Tankers Ltd.: Dividend declaration for the second quarter of 2020 Dividend is a priority for NAT. On March 24, 2020, we declared the dividend for the first quarter of 2020 | 20/05/2020 Ports in Southern California predict lower volumes in second quarter Impacted by novel coronavirus and trade war, the San Pedro Bay ports of Los Angeles and Long Beach in southern |