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.

A vessel chartered by Chevron carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan ...

Swiss trader Trafigura has signed a deal to supply 2.5m tonnes of LNG into India. The contract is equivalent to 27 cargoes on ...

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 ...

Increasing adoption of LPG as a clean fuel and growing demand for residential and commercial applications are the key market ...

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 ...