About 80pc of global refining capacity expansion will take place in China and the Middle East in the next five years, supporting the product tanker market, according to a pre...[详细]
China’s Middle East energy footprint has been expanding. In February, it made a deal for a stake in Abu Dhabi’s onshore oil. In March, Saudi Arabia’s King Salman bin Abdul...[详细]
Expanding fuel shipments from the Persian Gulf will intensify competition from Europe to Asia, squeezing profits across the global refining industry and contributing to a loo...[详细]
Oil will stabilize around $55 to $65 a barrel as OPEC fulfills its agreement to cut output, with stockpiles and shale production keeping prices from rising much more, the Mid...[详细]
The only liquid natural gas (LNG) export facility in the U.S. sold a record amount of gas to Mexico and the Middle East last month, according to data from the energy firm Pla...[详细]
The TOC Middle East conference and trade exhibition returns to Dubai at a time when global trade growth has been slow. This fragile worldwide economy is in need of a coordina...[详细]
Offshore marine services provider PACC Offshore Services Holdings (POSH) has secured long term charters for five vessels to the Middle East with a combined contract value wor...[详细]
Oil prices reached their lowest level since early 2009 in the early part of the week with Brent crude briefly dipping below $40 per barrel and West Texasa Intermediate, ...[详细]
Middle East ports will grow at 5.1% in 2015, bucking global trends and higher than the 4% growth in Chinese ports, and 2% overall global growth for 2015, the UAE’s top port ...[详细]
Singapore’s Vallianz Holdings has secured a time charter valued at up to $300m to supply two self-elevating platforms to a Middle East customer. ...[详细]
Demand in the Middle East OSV market is expected to remain positive, driven by OPEC “status quo” requirements, although the global market remains prone to excessive tonnage...[详细]