News & Events
Donald Trump Rails Against High Oil Prices, OPEC Pushes Back
WASHINGTON/JEDDAH, Saudi Arabia (REUTERS) – US President Donald Trump accused Opec on Friday of “artificially”boosting oil prices, drawing rebukes from some of the world’s top energy exporters. “Looks like Opec…
Read MoreWhere Should Investors Turn Amid The Global Logistics Boom?
SINGAPORE (Apr 20): As global growth takes off and technology reshapes the economies of Singapore and the rest of Southeast Asia, demand for logistics properties is shifting. Not only is…
Read MorePanama Canal To Carry 30 Million T of LNG by 2020
TOKYO (Reuters) – The Panama Canal may carry five times as much LNG in 2020 as it did last year as production of the fuel expands in the US and…
Read MoreIndonesia Sacks Pertamina Chief After Oil Spill, Other Issues
JAKARTA (REUTERS) – Indonesia’s State Owned Enterprise Ministry has removed Pertamina chief executive Elia Massa Manik in a management shakeup after a series of problems at the state-owned energy company,…
Read MoreBlockchain Is About to Revolutionize the Shipping Industry
Maersk, APL, Hyundai race to build paperless cargo system Adoption of blockchain could generate $1 trillion in trade Globalization has brought the most advanced trading networks the world has seen,…
Read MoreCrude Gains as Industry Is Said to Report Surprise Crude Draw
(Bloomberg) — Oil edged higher after an industry report showed U.S. crude stockpiles and supplies at the nation’s largest storage hub both declined. Futures in New York climbed from the…
Read MoreAustralia’s Northern Territory Lifts Fracking Ban
SYDNEY, April 17 (Reuters) – Australia’s Northern Territory on Tuesday lifted a nearly two-year moratorium on fracking to extract gas, unlocking vast onshore reserves in the resource-rich region and raising…
Read MorePrices Edge Up As Oil Surges Amid Syria Crisis, But Low Demand Caps Market
REUTERS – Asian spot liquefied natural gas (LNG) prices rose this week, pushed up as crude oil surged amid the escalating Syria crisis. LNG prices rose by 25 cents from…
Read MoreAsia Shares Up, Oil Down As Syria Fallout Seen Limited
SYDNEY (REUTERS) – Share markets started firmer in Asia on Monday (April 16) amid relief US-led strikes on Syria looked like being a one-off event that avoided a direct confrontation…
Read MoreDelivery of World’s First LNG-Fuelled Bulk Carrier Announced
The delivery of the Ilshin Green Iris, the world’s first LNG-fuelled bulk carrier, has been announced. The vessel was constructed at Hyundai Mipo Dockyard (HMD) in Korea for Ilshin Logistics and…
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