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HomeVLCC

VLCC

Euronav
Energy Tech

Euronav names LNG-ready, scrubber-fitted VLCC duo

January 20, 2023 Mariel Alumit

Belgium’s tanker shipping company Euronav has held a naming ceremony for two very large crude carriers (VLCCs) being built at South Korean shipyard Hyundai Samho Heavy Industries (HSHI). As informed, the vessels Cassius and Camus […]

Crude Oil News

CMES takes delivery of eco-friendly VLCC from DSIC

January 9, 2023 Mariel Alumit

Chinese shipping company China Merchants Energy Shipping (CMES) has taken delivery of an eco-friendly very large crude carrier (VLCC) from compatriot shipbuilder Dalian Shipbuilding Industry Company (DSIC). Credit: DSIC As informed, the 300,000-ton VLCC was named […]

Mideast Gulf
Crude Oil News

Firm demand lifts Mideast Gulf Suezmax rates

September 28, 2022 Mariel Alumit

Singapore, 26 September (Argus) — Suezmax rates from the Mideast Gulf have reached a record high, following firm demand to east Asia and to India and higher very large crude carrier (VLCC) freight rates. Freight […]

Louisiana Supertanker Port Sets Shipment Record - Energy News Beat
Exports

U.S. oil exports to Asia hit new record in January from Louisiana’s offshore supertanker port

February 3, 2021 Stu Turley

American oil exports from Louisiana’s offshore supertanker port jumped to a record in January as Asian buyers are stocking up U.S. crude for a post-pandemic rebound in fuel consumption. Eight vessels set sail from the […]

Crude Oil News

Oil tanker market in rougher seas as supply surges, storage sinks

January 28, 2021 Stu Turley

A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year. Earnings […]

Biden’s FY 2024 Budget Shoots Taxes To The Moon. – Free eBook

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Electric
Electric Vehicles

Small Chipmaker With Big Vision On Track To Dominate Fast-Growing Electric Vehicle Industry

June 9, 2023

The electric vehicle revolution is here, even in the most unexpected places. And it is a huge opportunity for astute investors. Executives at Stellantis NV (STLA) announced last week announced that production of its Dodge Charger and […]

EnLink
Crude Oil News

EnLink Midstream LLC: A Top Player in Natural Gas and Crude Oil Transmission and Processing Services

June 9, 2023

EnLink Midstream LLC is among the top players in the transmission, processing, and marketing of natural gas and crude oil. The company operates across five segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. EnLink Midstream […]

Oil
Big Oil Companies

Banks Continue to Put Billions Into Oil and Gas — Is It a Smart Investment?

June 8, 2023

The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]

Debt
Energy Policy

Debt Ceiling Permitting Provisions Offer Good First Step to Meaningful Reform

June 7, 2023

President Biden has signed the Fiscal Responsibility Act (FRA) into law which suspends the debt ceiling into 2024 and avoids a U.S. default. The bill contains several historic reforms to the National Environmental Policy Act […]

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