The Port of Rotterdam has implemented its long-discussed bunker barge operator license system and announced the holders of the license. The license applies to the transport and delivery of residual fuels and distillates and biodiesel to sea-going vessels. The supply of other fuels, such as LNG, requires a different bunker license, since different techniques are […]

Natural gas will play the role of a backup in Australia’s course to have 82% renewable power in the electricity grids by 2030, Climate Change and Energy Minister Chris Bowen said Dec. 13 as the UN Climate Change Conference concluded in Dubai, pledging to transition away from fossil fuels. Australia’s energy transition strategy will be […]

OPEC remains bullish on 2024 oil market fundamentals despite global economic uncertainty, supply growth from outside the group and a recent fall in oil prices, which it blames on speculators. In its latest market outlook released Dec. 13, the producer bloc forecast that global oil demand growth would continue to outpace increases in supply from […]