OPEC Loses Power of Surprise as Majority Back Cuts Extension

With a week to go until OPEC mOil & Companies Newseets to discuss the group’s production policies, a majority of the group’s members have already set out their positions: they want to extend a round of oil output cuts to eliminate a glut.

Extension of OPEC/non-OPEC crude oil production cut deal near certain: analysts

The likelihood of OPEC and major non-OPEC producers agreeing to extend their ongoing crude oil output cut is near certain, two prominent analysts said.

Russia weighs extension of deal as oil price disappoints

Russia’s deal with Opec to cut crude supply hasn’t delivered the price boost the world’s largest oil and gas exporter expected, according to Deputy Prime Minister Arkady Dvorkovich.

USCG Issues BWM Extension Program Guide

The United States Coast Guard (USCG) has released a new guidance related to its Ballast Water Management (BWM) Extension Program, which grants an extension of a vessel’s compliance date to an owner/operator who proves that BWM compliance is not possible.

Extension Works Begin at Ecuador’s Terminal

Extension works have started at Ecuador’s Terminal Portuario Guayaquil (TPG), operated by Chilean multinational company SAAM, which will enlarge the terminal’s dock from 360 to 480 meters in length and increase transfer capacity by 25%.

Yinson picks up $129m three-year FPSO contract extension from Addax

Growing Malaysian FPSO player Yinson Holdings has added a three-year charter extension contract on its FPSO Adoon from Addax Petroleum Development (Nigeria) Ltd worth MYR531m ($129m) job from Addax Petroleum Development (Nigeria) Ltd, the company said in

Continued extension of trading halt for Cosco and China Shipping units

China Cosco Group and China Shipping Group (CSG) have updated that the shares trading of their listed units will...