Two Chinese projects—the proposed Sinopec oil refinery in Hambantota and a logistics centre at the Colombo Port—are still stuck in the pipeline, largely over benefits such as sweeping tax concessions ...

Under the deal, Vitol supplies $250 million worth of fuel monthly, delivers it to Mombasa, and hands it to Unoc on credit.

Some tankers Chevron had chartered to move crude from Venezuela to the U.S. were marketed for spot contracts elsewhere, ...

Indian Oil Corporation (IOC) has signed a USD 1.3-1.4 billion deal with Trafigura to buy 2.5 million tonnes of liquefied ...

Within eight months of the interim government in power, Bangladesh has made significant progress in clearing the import bills of Liquified Natural Gas (LNG). Current outstanding bills have fallen to ...

Vitol Bunkers has introduced FuelEU compliant co-processed bunkering fuel, the first delivery of which was made to the Elandra Falcon vessel in F ...

Tankers loading at the terminal on the shores of Lake Maracaibo often suffer hull staining because of oil leaks from ...

The pivot mirrors a broader shift. Experts predict that oil refineries worldwide could soon face closure: 'I think you'll see ...

Vitol's refinery in Fujairah starts production of FuelEU compliant bunkering fuel. Find the latest news from the maritime ...

Trader and shipowner Vitol has launched a new FuelEU Maritime-compliant ship fuel produced in the UAE. The commodities giant ...

U.S.-sanctioned Venezuela is set to inaugurate this month exports of a new crude grade, Blend 22, to lure customers even ...