singapore

US Treasury unveils new sanctions on North Korea trade

4 hours ago DieselGasoil Comments Off on US Treasury unveils new sanctions on North Korea trade
“The North Korean shipping industry is a primary means by which North Korea evades sanctions to fund its nuclear weapons and ballistic missile programs,” Treasury said in a notice Friday. “As such, the United States will continue targeting persons, wherever located, who facilitate North Korea’s illicit shipping practices.” The sanctions, which the Trump administration called Read More

Asia shares rebound as fidgety U.S. rate fears shift again

14 hours ago DieselGasoil Comments Off on Asia shares rebound as fidgety U.S. rate fears shift again
SYDNEY (Reuters) – Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the dollar ticked higher as investors dipped their toes back into riskier assets. Indications were mixed for other global equity markets, with E-Mini futures for the S&P 500 up Read More

Iran's Feb LPG exports dip to around 400,000 mt after post-sanctions peak in Jan

16 hours ago DieselGasoil Comments Off on Iran's Feb LPG exports dip to around 400,000 mt after post-sanctions peak in Jan
Iran’s LPG shipments eased to between 358,500 mt and 402,500 mt in February after recording a post-sanctions high of 520,000 mt in January, sustaining robust exports after normal production resumed in mid-November following maintenance at the South Pars gas field, fixtures from shipping sources showed this week. The February shipments are destined for China, Taiwan, Read More

Asia shares rebound as fidgety U.S. rate fears ebb again

17 hours ago DieselGasoil Comments Off on Asia shares rebound as fidgety U.S. rate fears ebb again
SYDNEY (Reuters) – Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the safe-haven yen held on to its gains amid heightened volatility across markets. Financial markets have fluctuated wildly this month as investors fretted about how fast the Fed might Read More

Jet to move from Saudi Arabia to Australia in unique move

20 hours ago DieselGasoil Comments Off on Jet to move from Saudi Arabia to Australia in unique move
Jet fuel will move from Saudi Arabia to Australia in an extraordinary move, according to data from S&P Global Platts trade flow software cFlow. The Lady Henrietta is set to load 75,000 mt of jet fuel in Jubail, Saudi Arabia, departing on February 25 for discharge in Australia, chartered by AMPOL, according to cFlow. The Read More

U.S. oil boom tempts Saudis to consider American crude sale

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By Serene Cheong on 2/22/2018 SINGAPORE (Bloomberg) — Even Saudi Arabia wants in on the U.S. oil boom. The kingdom’s state oil firm considered the possibility of sending American crude to Asia in February via a U.S. unit before determining it wasn’t economically viable, according to a person with knowledge of the matter. It also Read More

Dril-Quip Awarded Contract for Repsol’s Ca Rong Do Project

1 day ago DieselGasoil Comments Off on Dril-Quip Awarded Contract for Repsol’s Ca Rong Do Project
HOUSTON , Feb. 22, 2018 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE:DRQ) today announced that Dril-Quip Asia Pacific Pte Ltd, its wholly-owned subsidiary based in Singapore, has been awarded a contract to supply top tensioned riser (TTR) systems and related services for the development of  the Ca Rong Do Project located offshore Vietnam operated by Repsol Read More

BW Offshore: Fourth quarter and full year results 2017

2 days ago DieselGasoil Comments Off on BW Offshore: Fourth quarter and full year results 2017
EBITDA of USD 73.5 million in the fourth quarter First oil produced by BW Catcher in December and First Oil Certificate received in January Closing of the agreement with ICBC Leasing for the issuance of preference shares in BW Catcher Contract extensions for Sendje Berge, Umuroa and FPSO Polvo (January 2018) EBITDA for the fourth Read More

Aegean Marine Petroleum Network Inc. Announces Preliminary Earnings for Fourth Quarter 2017 and Timing of Full Earnings Results and Conference Call

3 days ago DieselGasoil Comments Off on Aegean Marine Petroleum Network Inc. Announces Preliminary Earnings for Fourth Quarter 2017 and Timing of Full Earnings Results and Conference Call
NEW YORK, Feb. 20, 2018 (GLOBE NEWSWIRE) — Aegean Marine Petroleum Network Inc. (the “Company” or “Aegean”) (NYSE:ANW), a leading international marine fuel logistics company, today announced that it expects to report a net loss of approximately $28.2 million, or a loss of $0.69 per share, for the fourth quarter of 2017 (subject to final Read More

U.S. oil costly again as it's stored less and shipped more

3 days ago DieselGasoil Comments Off on U.S. oil costly again as it's stored less and shipped more
Dwindling volumes at the biggest U.S. oil storage hub and the potential for bigger cargoes to sail overseas is giving American crude a premium sheen once again. The price of U.S. benchmark oil has gone above the Middle East marker for the first time in more than a year, data compiled by Bloomberg show. The Read More