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Trade Regulations Mar, 08, 2022 0

US president bans Russian oil and gas imports

US President Joe Biden has officially announced a ban on the imports of Russian oil and natural gas, in yet another effort to put pressure on Vladimir Putin to end the war…
Marine fuel - bunkering
Oil and Gas Mar, 08, 2022 0

Bunker prices enter four-digit territory for the first time

Surging bunker prices have crossed through the $1,000 per tonne mark for the first time in history as commodity prices spike across the board in the wake of the Russian…
Marine fuel - bunkering
Oil and Gas Mar, 04, 2022 0

Bunker oil prices rise and put extra pressure on maritime freight

Despite Petrobras’ efforts to avoid passing on the costs of rising oil quotas in gas and diesel prices, sea freight is already feeling the effects of the Ukraine war as…
Grains Mar, 02, 2022 0

War is likely to keep commodity prices high

Since last Thursday, when Russia launched an aggressive campaign against Ukraine, the international price of oil, iron ore, and certain commodities has been steadily rising. For example, the price of…
Oil and Gas Feb, 24, 2022 0

Record shale output lifts Argentina monthly oil production to highest since 2011

Argentina’s crude oil production climbed to its highest monthly level in over a decade in January, including record output from the country’s prolific shale fields, the energy ministry said on…
GNL
Oil and Gas Feb, 24, 2022 0

US to increase gas production by 20% to become world’s largest exporter

The United States will see its liquefied natural gas (LNG) production capacity grow by 20% by the end of the year, making it the world’s largest exporter of the product…
Ports and Terminals Feb, 11, 2022 0

Privatized refinery favors exporting over providing fuel to vessels in Bahia

Since taking control of the former state-owned plant on December 1st, Acelen, the company that purchased the Landulpho Alves Refinery (Rlam) from Petrobras in São Francisco do Conde (BA), has…
Prumo owns
Oil and Gas Jan, 20, 2022 0

Prumo now owns 100% of Açu Petróleo

Prumo Logística, a company controlled by EIG Global Energy Partners that owns the Port of Açu in São João da Barra (RJ), purchased Oiltanking’s 20% share of Açu Petróleo. As…
Petrobras; pre-salt production; produção no pré-sal
Oil and Gas Jan, 18, 2022 0

Petrobras set pre-salt production record of 1.9 million barrels per day

Petrobras had the highest annual production volume in the pre-salt in 2021, with 1.95 million barrels of oil equivalent per day (boe/day) extracted during the year. The volume accounted for…
Oil and Gas Jan, 14, 2022 0

China agrees with US to release oil reserves

According to Reuters, China will release oil from its national strategic stockpiles during the Lunar New Year holiday, which begins on February 1, as part of a strategy to cut…