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Analysis: Southeast Asia contributing heavily to ample US-Asia crude flows in 2019

23 hours ago DieselGasoil Comments Off on Analysis: Southeast Asia contributing heavily to ample US-Asia crude flows in 2019
Singapore — Southeast Asia will likely continue to play a pivotal role in support of ample US-Asia crude oil trades in the second half of 2019 despite China’s faltering appetite for US energy products, with Vietnam aiming to procure two more WTI crude cargoes over the coming quarters. Not registered? Receive daily email alerts, subscriber Read More

Asia gasoline crack jumps on RBOB surge after PES Philadelphia refinery blast

23 hours ago DieselGasoil Comments Off on Asia gasoline crack jumps on RBOB surge after PES Philadelphia refinery blast
Singapore — The Asian gasoline market saw an uplift Monday after news of an explosion at US Philadelphia Energy Solutions’ 335,000 b/d Pennsylvania refinery Friday sent NYMEX RBOB futures surging, which in turn bolstered the Singapore 92 RON swap crack in Asia by around 30% on Monday morning, market sources said. Not registered? Receive daily Read More

7.3-magnitude earthquake strikes Banda Sea off Indonesia coast, tremors felt in Australia

1 day ago DieselGasoil Comments Off on 7.3-magnitude earthquake strikes Banda Sea off Indonesia coast, tremors felt in Australia
An earthquake of magnitude 7.3 has hit a remote part of Indonesia in the Banda Sea. There has been no tsunami warning. The quake struck some 300km (190 miles) northwest of Saumlaki, a village in Indonesia, at a depth of 208km (129 miles), according to the US Geological Survey. The epicenter of the quake was Read More

Quake of magnitude 7.5 shakes East Timor, Australia; no tsunami feared

1 day ago DieselGasoil Comments Off on Quake of magnitude 7.5 shakes East Timor, Australia; no tsunami feared
DILI (Reuters) – A powerful, deep 7.5 magnitude earthquake struck off the coasts of East Timor and Indonesia on Monday, and was felt as far away as Australia, but authorities said it did not have the potential to cause a tsunami. Strong shaking caused alarm in the East Timor capital of Dili prompting people to Read More

7.3- magnitude earthquake strikes Banda sea off Indonesia coast, tremors felt in Australia

1 day ago DieselGasoil Comments Off on 7.3- magnitude earthquake strikes Banda sea off Indonesia coast, tremors felt in Australia
An earthquake of magnitude 7.3 hit a remote part of Indonesia in the Banda Sea. There has been no tsunami warning. The quake struck some 300 km (190 mi) to the northwest of Saumlaki, a village in Indonesia at the depth of 208 km (129 miles), according to the US Geological Survey. The epicenter of Read More

Quake of magnitude 7.5 shakes East Timor, Indonesia; no tsunami feared

1 day ago DieselGasoil Comments Off on Quake of magnitude 7.5 shakes East Timor, Indonesia; no tsunami feared
DILI (Reuters) – A deep earthquake of magnitude 7.5 struck off the coasts of East Timor and Indonesia on Monday, the U.S. Geological Survey (USGS) said, and Pacific monitoring authorities ruled out the chance of tsunami. Strong shaking caused alarm in the East Timor capital of Dili, prompting people to run out of their houses, Read More

7.3- magnitude earthquake strikes Banda sea off Indonesia coast

1 day ago DieselGasoil Comments Off on 7.3- magnitude earthquake strikes Banda sea off Indonesia coast
Published time: 24 Jun, 2019 03:13 Edited time: 24 Jun, 2019 03:27 An earthquake of magnitude 7.3 hit a remote part of Indonesia in the Banda Sea. There has been no tsunami warning. The quake struck some 300 km (190 mi) to the northwest of Saumlaki, a village in Indonesia at the depth of 208 Read More

Inpex submits revised POD for Indonesia’s Abadi LNG project

4 days ago DieselGasoil Comments Off on Inpex submits revised POD for Indonesia’s Abadi LNG project
6/21/2019 TOKYO — Inpex Corp. has announced that through its subsidiary Inpex Masela, Ltd, it has submitted to Indonesian government authorities (the authorities) a revised Plan of Development (POD) for the Abadi LNG Project. The revised POD is based on an onshore LNG development scheme with an annual LNG production capacity of 9.5 million tons. Read More

Repeat: Spectrum ASA: EGM minutes June 21st 2019

4 days ago DieselGasoil Comments Off on Repeat: Spectrum ASA: EGM minutes June 21st 2019
On June 21st 2019 at 5 pm, the Extraordinary General Meeting was held in Spectrum ASA at the company’s premises in Oslo. All resolutions proposed were approved by the shareholders. For further information please see the minutes from the Extraordinary General Meeting attached to this announcement (Norwegian and English). For additional information about this press release, please Read More

At least 30 dead in fire at home used as matchstick factory

4 days ago DieselGasoil Comments Off on At least 30 dead in fire at home used as matchstick factory
At least 30 people have been killed – including three children – in a fire at a house which was used as a matchstick factory in Indonesia’s North Sumatra province. Irwan Syahri, from the local disaster mitigation agency in Langkap district, said many of the victims were burned beyond recognition. North Sumatra police spokesman MP Read More