Stena Impero crew ‘free and in good spirits’ after 10 weeks of detention.
STENA Impero, the UK-flagged product tanker seized by Iranian authorities over two months ago for allegedly breaking maritime rules, has reached Dubai after it was released. While seven crew members from the vessel had been released earlier this month, the remaining 16 crew have now disembarked and will shortly be…
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Oct11 still missing after Bourbon tug sinks in Atlantic
SEARCH and rescue efforts are continuing for 11 crew that are still missing after the fire fighting tug Bourbon Rhode sank in the Atlantic after being hit by a hurricane at the end of last week. Vessel owner Bourbon updated that the search continues with the full support of Regional…
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Oct2020 Sulphur cap complicating bunker effect of Saudi oil output cut.
THE abrupt drop in Saudi oil production and exports has not had a significant impact on the bunker supply market despite price hikes, according to a source. Bunker prices spiked for heavy Sulphur fuel oil in all main bunkering hubs on Monday after an attack on Saudi Aramco facilities removed…
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SepWhy Oil Prices Just Fell 6%
Oil prices fell sharply Saudi Arabia’s oil output may return to normal more quickly than earlier reports had suggested. Oil production is expected to return to normal within two to three weeks, contrary more pessimistic view of how long it would take for Aramco’s production to come back online. WTI…
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SepNOC and Zallaf Company discuss development plans for discovered and undeveloped fields with the American firm DeGolyer and MacNaughton.
Libya’s National Oil Corporation (NOC), its subsidiary Zallaf and De Golyer and MacNaughton (D&M), a leading U.S. independent oil consulting firm, discussed development plans for discovered and undeveloped fields during a meeting in Tunis yesterday. The NOC reported that the three entities will work together in order to prepare technical…
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