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Singapore’s high sulfur bunker fuel sales rose again in November, entrenching the grade’s role in the bunker fuel mix firmly despite the push for cleaner marine fuels amid stricter environmental rules for international shipping. Sales of HSFO, which includes 180 CST, 380 CST and 500 CST bunker fuel, increased 0.9% from October to a multi-month ...
US natural gas storage fields are poised to post the first triple-digit withdrawal of the season as a mild winter has calmed concerns of the inadequate inventories observed during the summer. The US Energy Information Administration is expected to report a 127 Bcf withdrawal for the week-ended Dec. 24, according to a survey of analysts ...
Third-party gas certification that took off in 2021, particularly in the Haynesville Shale in Louisiana and East Texas, could lead to the first certified gas US LNG export cargo in 2022, market watchers say. The first US LNG cargo sourced entirely from certified gas could set sail as early as the second quarter of 2022, ...
China’s Ministry of Commerce has issued 107.4 million mt in crude import quotas to 36 qualified independent and non-major state-owned refineries in the first batch for 2022, falling 9.4% from the same batch in 2021, refining sources told S&P Global Platts Dec. 30. This is the first year-on-year reduction in the first batch crude quota ...
German energy company Uniper is eyeing selling more biofuels to shipowners in the Middle East amid high demand for cleaner fuels, a company official told S&P Global Platts Dec. 8, as countries race to cut emissions and implement their net-zero emissions pledges. Uniper, in partnership with Dubai-based Neutral Fuels, started this year supplying biofuels to ...