05 August 2021 Asian HSFO markets firm on higher power, bunker demand The backwardation in the Asian 180cst and 380cst high-sulphur fuel oil (HSFO) markets has widened to multi-month highs, driven by higher power generation and bunker fuel demand. Filter: Oil products Asia-Pacific Middle East More filters
05 August 2021 Japan to further expand Covid-19 restrictions Japan is expanding Covid-19 restrictions to additional prefectures as the number of new cases, mostly driven by a Delta variant, continues increasing across the nation with no signs of plateauing during the Tokyo Summer Olympics and the country's summer holiday season. Filter: Crude oil Oil products Asia-Pacific More filters
05 August 2021 Japan's J-Power, Schlumberger eye hydrogen from coal Japanese power producer and wholesaler J-Power and US oil services provider Schlumberger will jointly study the possibility of producing CO2-free hydrogen using coal gasification technology. Filter: Coal Power Asia-Pacific More filters
05 August 2021 South Korea eyes coal, gas cuts in 2050 net zero plans South Korea has published three potential road maps to reach its target of achieving carbon neutrality by 2050, ahead of a final decision on its plan later this year. Filter: Coal Power Natural gas/LNG Asia-Pacific More filters
05 August 2021 India’s IOC to boost refining capacity by 25pc by 2025 Indian state-controlled refiner IOC is planning to increase its crude throughout by 25pc, or about 350,000 b/d, in the next four years because of growing demand for oil products. Filter: Crude oil Oil products Asia-Pacific More filters
04 August 2021 Ecopetrol to test green H2 at Cartagena refinery Colombia's state-controlled Ecopetrol is joining an industry rush into green hydrogen with plans for a modest pilot project. Filter: Crude oil Emissions Oil products Latin America and Caribbean More filters
04 August 2021 Covid-19 isola navios no Porto de Paranaguá Autoridades brasileiras colocaram três embarcações, uma delas transportando fertilizante, em quarentena no Porto de Paranaguá, no Paraná, depois que tripulantes testaram positivo para Covid-19. Filter: Agriculture Fertilizer Latin America and Caribbean More filters
04 August 2021 Iranians boarded Gulf of Oman tanker: Recording A group of Iranians boarded a tanker that was subject to a potential hijack situation in the Gulf of Oman yesterday, according to a recording of communications between the ship and the Omani coastguard heard by Argus . Filter: Oil products Middle East More filters
04 August 2021 US airline fuel use reaches 16-month high in June US airlines consumed the most jet fuel in June for any month since February 2020 as increased Covid-19 vaccinations enable Americans to ramp up their summer travel, US Bureau of Transportation Statistics (BTS) data show. Filter: Oil products North America More filters
04 August 2021 Pemex operatorship could hurt Zama results: Talos Designating Mexico's state-owned Pemex as operator of the giant shallow-water Zama discovery could harm performance of the asset, Talos Energy said. Filter: Crude oil Natural gas/LNG Latin America and Caribbean More filters
04 August 2021 Europe longs: Market quiet amid summer lull European long products prices remained flat this week amid a quiet market during the summer holiday period. Filter: Metals Europe More filters
04 August 2021 Revamped Mumbai refinery to fully restart this month Indian state-run refiner HPCL will restart the second crude unit at its Mumbai refinery this month following a revamp, having resumed operations at the first in mid-May , company chairman MK Surana said today. Filter: Crude oil Oil products Asia-Pacific More filters
04 August 2021 Russia's Phosagro plans farmer fertilizer discounts Russian fertilizer producer Phosagro has committed to a 5pc discount on fertilizers for domestic farming households until the end of the autumn sowing season on 31 October. Filter: Fertilizer FSU More filters
04 August 2021 Gulf of Oman incident unlikely to affect freight: Bimco Yesterday's potential hijacking incident involving a tanker in the Gulf of Oman is unlikely to have an immediate impact on shipping costs or operations, despite it coming just days after a deadly drone attack on another vessel in the region, according to Bimco's chief shipping analyst Peter Sand. Filter: Middle East More filters
04 August 2021 Semiconductor wafer supply to remain tight in 3Q: NXP US-based chipmaker NXP expects wafer supply from its foundry partners and internal fabs to remain "a challenge" for the foreseeable future, with strong demand from multiple industries making it difficult for the company to build its finished product inventories back up to normal levels. Filter: Metals North America More filters
