Petronas Eyes Oil and LNG Bunkering Partnership With ADNOC
by Ship & Bunker News Team
Wednesday March 10, 2021
Malaysian energy producer
UAE s
ADNOC on conventional and LNG bunkering as part of a mooted partnership between the two firms. The two companies have signed a memorandum of understanding on collaboration across the energy value chain, Petronas said in a statement on its website on Wednesday. Another potential is in the area of fuel bunkering and in supporting LNG bunkering vessels at ports in the UAE and the region. Petronas has already announced several deals expanding its presence in the LNG bunker market this year. The firm is working with
Winter Is Colder This Year and That’s Good for Energy Prices
Bloomberg 1/6/2021 Bloomberg News
(Bloomberg) Freezing weather that’s gripped large parts of the northern hemisphere is delivering a winter blessing for oil, gas and coal prices as suppliers meet a surge in heating demand.
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Temperatures across much of Europe and Asia are well below normal and forecasters expect them to stay there for most of January. The chill is supporting oil prices, which are holding above $50 a barrel, while the profit from turning crude into diesel climbed in Europe to the most since August in recent weeks as consumers many stuck working from home because of a resurgent virus burn more heating fuel.
Freezing weather that s gripped large parts of the northern hemisphere is delivering a winter blessing for oil, gas and coal prices.
(Bloomberg) Freezing weather that’s gripped large parts of the northern hemisphere is delivering a winter blessing for oil, gas and coal prices as suppliers meet a surge in heating demand.
Temperatures across much of Europe and Asia are well below normal and forecasters expect them to stay there for most of January. The chill is supporting oil prices, which are holding above $50 a barrel, while the profit from turning crude into diesel climbed in Europe to the most since August in recent weeks as consumers many stuck working from home because of a resurgent virus burn more heating fuel.
Colder than usual winter boosts fossil fuel demand 1/6/2021
(Bloomberg) Freezing weather thatâs gripped large parts of the northern hemisphere is delivering a winter blessing for oil, gas and coal prices as suppliers meet a surge in heating demand.
Temperatures across much of Europe and Asia are well below normal and forecasters expect them to stay there for most of January. The chill is supporting oil prices, which are holding above $50 a barrel, while the profit from turning crude into diesel climbed in Europe to the most since August in recent weeks as consumers many stuck working from home because of a resurgent virus burn more heating fuel.