Bunker Fuels

Iran has exported over 40 million barrels of crude oil and is selling it at a 20% premium after the US blockade was lifted

Goldman Sachs forecasts a global oil market surplus as Middle East tensions ease and Strait of Hormuz shipping normalizes

India has adjusted windfall taxes on diesel and aviation turbine fuel exports downwards, while increasing the duty on petrol.

Russia has begun importing gasoline by sea from India to alleviate internal fuel shortages caused by Ukrainian attacks.

JERA has created a new Singapore-based company, JERA GES, to manage its long-term LNG and lower-carbon fuels portfolio.

AET is expanding its use of alternative fuels like biofuels and biomethane, citing fuel availability and regulatory uncertainty.

Global oil prices recorded their largest quarterly drop since Q1 2020, driven by record US crude production and exports

Oil prices nudged higher driven by US-Iran talks uncertainty, though record US production limited significant gains

US crude oil inventories rose by 6.072 million barrels, significantly exceeding analyst expectations and prior levels.

Gasum will provide LNG fuel to Fjord1 ferries on a vital Norwegian coastal route via truck-to-ship bunkering

Nord Gas Solutions will supply an LNG regasification system for Exmar's FSRU conversion at the EemsEnergyTerminal expansion

WinGD will provide main engines for 12 new Dynacom VLCCs, equipped with scrubbers and SCR systems for enhanced efficiency

Eni and Mercuria have established a joint venture for global energy trading, covering oil, biofuels, gas, LNG, and logistics

Money managers and hedge funds have cut their net-long positions in ICE Brent futures for the sixth consecutive week

Brittany Ferries will sell two ships and modify services to address financial challenges from COVID-19 loans and EU ETS costs

August will be the first month with no scheduled North Sea Brent crude oil cargoes due to declining production.

STX supports Eurogas's stance on 'liquefaction by equivalence' as essential for scaling Bio-LNG and e-LNG for shipping

A proposed EU rule change could restrict a key pathway for supplying bioLNG and eLNG to ships, impacting maritime decarbonization

St1 Biokraft expands into Denmark by acquiring Danish Bio Commodities, boosting biogas production and market presence.

Selfinvest and USTC, parent of Bunker Holding, posted over DKK 1 billion in pre-tax profit for FY 25/26.

AD Ports Group and IRH Global Trading will explore bunkering services and alternative marine fuels at Khalifa Port

Bureau Veritas is in exclusive talks to sell its fuel testing and inspection business to Triton Partners, aligning with its LEAP | 28…

Shell's LNG Outlook anticipates a seven-fold increase in LNG bunkering demand to 27 million tonnes by 2035.

DNV has verified Syroco's methodology for estimating fuel and time savings through its Live voyage optimization platform.

Turkish supplier Arkas Bunker has expanded its biofuel bunkering operations, supplying over 15,000 tons to 32 vessel types

German bunker supplier Heinrich Wegener & Sohn joined the Global Ethanol Association to advance low-carbon marine fuels.

Global energy markets are expected to stabilize in Q3, though geopolitical developments remain a key risk factor.

Tanker traffic in the Strait of Hormuz has fallen due to recent vessel attacks, impacting global oil supply.

A University of Piraeus study reveals the EU ETS could boost bulker fuel costs by up to 33% as regulations tighten

LNG and LPG shipping rates are declining across major routes due to softer global prices and reduced arbitrage opportunities.