Oil prices ended higher on Monday as investors were awaiting the upcoming OPEC (Organization of the Petroleum Exporting Countries) meeting. The West Texas Intermediate for July delivery was up 0.79 dollar to settle at 65.85 U.S. dollars a b

China National Petroleum Corporation (CNPC) launched its direct LNG supply business in Fujian, netting the first contract with the Shuguang Iron Steel company. In 2017, the steelmaker opted to use natural gas instead of coal in its producti

Thermal coal and gas prices have coursed into a bull run, propelled by particularly strong demand across Asia, where electricity consumption is surging thanks to healthy economic growth just as seasonal needs rise with the onset of summer.

1.Both, consumption and production of natural gas increased during 2017, considered a bumper year for natural gas, according to BPs Statistical Review of World Energy for 2017. 2.Clive Beesley, director at marine claims consultancy C Soluti

1.In general, China's marine ecology was ranked "good" last year, but offshore waters are still threatened by acute environmental problems, according to a report released on March 19 by the State Oceanic Administration. 2.China Na

Imported iron ore market remained firm in the morning and most traders were inclined to raise quotations for mainstream iron ore lumps shored up by buoyant futures market and strong demand; individual traders were eager to boost sales but c

As the globally mandated cap on sulphur in fuel draws nearer, Veritas Petroleum Services (VPS) Paul Parkinson told shipowners they should take both practical and philosophical steps to prepare for the change and the inevitable challenges it

Both, consumption and production of natural gas increased during 2017, considered a bumper year for natural gas, according to BPs Statistical Review of World Energy for 2017. Natural gas consumption rose 3 percent, or by 96 billion cubic me

Oil prices settled mixed on Thursday as traders remained cautious ahead of a key meeting of the Organization of the Petroleum Exporting Countries (OPEC) next week. OPEC and other big producers will meet on June 22 and 23 in Vienna to discus

Thermal coal and gas prices have coursed into a bull run, propelled by particularly strong demand across Asia, where electricity consumption is surging thanks to healthy economic growth just as seasonal needs rise with the onset of summer.

Clive Beesley, director at marine claims consultancy C Solutions has announced a move to the UK at the end of June after 26 years of working in Hong Kong as a claims consultant and Admiralty manager. Mr Beesley began his career in 1978 with

On Saturday 9 June 2018, the Captain and crew of the Wallem-managed vessel the KSL Seoul rescued six fishermen after their boat was involved in an accident and subsequently capsized. The KSL Seoul was passing through the Mindoro Strait en r

June 14, 2018, Guangzhou, China - Damco, a global provider of freight forwarding and supply chain management service, will enhance intelligent supply chain cooperation with its local partner, Top Ideal SCM, a leading Chinese company in cros

ABS Consulting, a subsidiary of ABS Group, has signed a Memorandum of Understanding (MoU) to collaborate with a consortium of research, testing and certification bodies in Taiwan and advance technical knowledge and offshore wind capabilitie

Chinese President Xi Jinping has called for the development of an open global economy, after saying that his country will not accept selfish, short-sighted trade policies. Mr Xi did not name the United States specifically during a speech at