Americans Gaining Energy Independence With US as Top Producer
BusinessWeek
The US is producing so much natural gas that, where the government warned four years ago of a critical need to boost imports, it now may approve an export terminal. Methanex Corp., the world's biggest methanol maker, said it will dismantle a factory in ...
Near-term pipeline plans grow, longer-term projects sagOil & Gas Journal

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Morgan Stanley Buys Forties; Aramco Raises March Crude Prices
BusinessWeek
6 (Bloomberg) -- Morgan Stanley bought a cargo of North Sea Forties crude at the highest price in a month. Gunvor Group Ltd. sought to buy Russian Urals in the Mediterranean without success. Saudi Arabian Oil Co., known as Saudi Aramco, ...
Med Crude-Urals steady, Saudis up prices for EuropeReuters

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Oil-Tanker Hire Rates Slide for Ninth Session as Demand Dwindles
BusinessWeek
6 (Bloomberg) -- Rates to charter the largest oil tankers fell for a ninth session, extending a second weekly drop, as demand for cargoes dwindled. Daily hire costs for very large crude carriers on the benchmark Saudi Arabia-to-Japan voyage declined ...

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European Diesel Rises; Vitol Sells Gasoil Cargo: Oil Products
Bloomberg
Vitol Group sold a gasoil cargo to Litasco, OAO Lukoil's trading unit. Front-month gasoil on ICE Futures Europe exchange in London rose to more than the next month, a price structure known as backwardation, for the first time in three weeks as colder ...

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GAC Singapore Moves to new HQ
MarineLink
These include a new LNG terminal on Jurong Island due to begin commercial operations in 2013, and the opening of Singapore's International Cruise Terminal (ICT) later this year. Managing Director Ronald Lichtenecker says: “What started as a small ship ...

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Shipping activity at Port Qasim
Business Recorder
KARACHI: Shipping activity remained active at the Port Qasim where four ships carrying containers, project cargo and furnace oil were allotted berths at Qasim International Container Terminal, Multi Purpose Terminal and FOTCO Oil Terminal respectively ...

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SOCAR terminal sends more than 190 thousand tons of oil cargo in January
Trend.az
The Kulevi oil terminal belonging to the State Oil Company of Azerbaijan (SOCAR) received 250000 tons of crude oil and petroleum products and sent 191000 tons in January, SOCAR said on Monday. Company information stated that the terminal received about ...

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Rosneft Said to Sell March ESPO Oil Cargo at $6 a Barrel Premium
Bloomberg
Details are as follows: ------------------------------------------------------------ Crude: ESPO (Russia) Quantity: 100000 tons (730000 barrels) Prices: Premium of around $6 a barrel to Dubai Platts Loading: March 27-30 Port: Kozmino, Russia's Far East ...
ESPO Premiums Slightly Higher; Aramco Narrows Light-Heavy SpreadBusinessWeek

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Fuel-Oil Cargoes to Singapore Poised to Decline Next Month
Bloomberg
Singapore is Asia's oil hub and the region's largest port for fuel-oil cargoes. The following is a summary of all VLCCs reported as booked to carry fuel oil to Singapore. Cargo sizes are in thousands of tons. Arrival time is calculated based on ...

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Undersea prep resumes for ship's oil removal
Atlanta Journal Constitution
AP ROME — Underwater operations have resumed aimed at readying the shipwrecked Costa Concordia for the removal of tons of oil from its tanks. Italian firefighter work on the hull of the grounded cruise ship Costa Concordia off the Tuscan island of ...
Service set for Minn. couple missing in ship wreckmsnbc.com
For Reporter, Cruise Ship Disaster Is A Local StoryNPR
Oil Spreads From Wreck of Ship Off Italy CoastClaimsJournal.com

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