North Sea articles & resources on Made-in-China.com

US Exported 662,000 B/D of Crude in May, Highest on Record: EIA

Jul 29, 2016

US crude exports jumped to their highest level on record in May, coming in at 662,000 b/d, monthly data from the US Energy Information Administration showed Friday. Exports are up from 591,000 b/d in April and have been up steadily from ...

Tags: crude exports, US crude

RBOB Crack Surges After EPA Finalizes Renewable Fuels Mandate

Dec 2, 2015

The unveiling of final renewable fuel requirements for US refiners ignited a rally in gasoline futures Tuesday, helping support the rest of the oil complex. The front-month gasoline crack, basis ICE Brent, reached $13.61/b Tuesday, its ...

Tags: RBOB, gasoline, Renewable Fuels

Tankers: Rush of North Sea VLCC Fixtures Could Spell Trouble for Aframaxes

Nov 25, 2015

Three VLCC fixtures to lift Forties crude from Hound Point, Scotland, in recent days could hit Aframax freight rates in the North Sea in coming weeks, shipbrokers said Friday. The Al Kout, the Front Page, and the Voyager I were all ...

Tags: Tankers, VLCC Fixtures, crude, Aframaxes

Singapore's MPA Steps up Efforts to Boost Green Maritime Technologies

Nov 4, 2015

The Maritime and Port Authority of Singapore said Monday it is working with Nanyang Technological University, Singapore Maritime Institute and ClassNK in a bid to boost development of eco-friendly maritime technologies in the city state. ...

Tags: Maritime Energy Test Bed, Green Maritime Technologies

Iceland Launchs Additional Lines of Fish and Seafood

Sep 29, 2015

Iceland has launched new lines of fish and seafood following launch of first premium fish range earlier this year. In-store and online now, the sumptuous new lines are frozen within hours of being caught and, in some cases, are even ...

Tags: Iceland, fish, seafood

BASF and Gazprom Have Agreed That They Will Not Complete an Asset Swap

Dec 23, 2014

BASF and Gazprom have agreed that they will not complete an asset swap, which was planned for the end of the year. “We regret that the asset swap will not be concluded. We will continue our cooperation of over 20 years with Gazprom ...

Tags: targeted oil, gas-rich regions, Construction

China's Crude Oil Imports in September Rose 7.4%

Oct 13, 2014

China's crude oil imports in September rose 7.4% year on year to 27.58 million mt or an average 6.74 million b/d, the second highest on record, preliminary data released Monday by the General Administration of Customs showed. Crude ...

Tags: Crude Oil, Oil Products

BASF Group Expanding Its Oil and Gas Production and Reserves in The North Sea

Sep 15, 2014

BASF Group company Wintershall is further expanding its oil and gas production and reserves in the North Sea. Wintershall will acquire shares in the two producing fields Gjøa (5%) and Vega (24.5%), the development project Aasta ...

Tags: BASF, oil, gas production

Borealis Has Inked a 10-Year Deal with Antero Resources

Aug 19, 2014

Swedish integrated olefins and polyolefins producer, Borealis, has inked a 10-year deal with Antero Resources to supply ethane from the US for its flexible steam cracker in Stenungsund, Sweden. Alongside, Borealis has also signed a ...

Tags: Borealis, Deal, Textile

European Cargo Cash Premiums to Benchmark Gasoil Futures Were Assessed at $10.50/Mt

May 29, 2014

European ultra low sulfur diesel premiums to the front-month ICE gasoil futures contract hit their weakest level in over four months Friday as large volumes flooded the region from the Americas and the Baltic. Northwest European cargo ...

Tags: low sulfur diesel, gasoil futures

Prices for Large Cargoes of Butane in Northwest Europe Fell to The Lowest Level in a Year

May 16, 2014

Prices for large cargoes of butane in Northwest Europe fell Tuesday to the lowest level in a year on low demand and ample supplies. Platts assessed the price of a 4,000 mt CIF refrigerated cargo of mixed butane loading 10-25 days forward ...

Tags: Butane, mixed butane

BASF Had a Good Start to The Year in Chemicals Business

May 1, 2014

"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...

Tags: Construction, Decoration, Chemicals, Oil, Gas

The Physical North Sea Market Is Strengthening Against The Paper Market

Apr 30, 2014

The physical North Sea market is strengthening against the paper market, reaching a six-week high on Friday and bid higher Monday, as the return of some refineries from maintenance adds to crude demand, while less output than expected is ...

Tags: Physical Crude, Increased Demand

Refining Margins for Sweet Crudes Are out-Performing Margins for Sour Crudes

Apr 25, 2014

Refining margins for sweet crudes are out-performing margins for sour crudes like Urals in Northwest Europe, Platts data shows, as lighter refined products have surged while heavier products have dropped. While cracking margins -- which ...

Tags: Sweet Crude, Gasoline

An Expected Surplus of Gasoil Might Flow Into The Marine Fuel Market in Late 2014

Apr 11, 2014

An expected surplus of gasoil in Asia from greenfield and upgraded refineries might flow into the marine fuel market in late 2014 or early 2015, trade sources said Wednesday. Asia's maritime industry is looking to the possible supply as ...

Tags: Gasoil, Fuel Market, greenfield

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