1.US oil prices crashed to the negative -37.63 dollars a barrel for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears. 2.UK-based energy giant BP has signed a liquefied natural gas supply deal

On April 17, CSSC released its annual report for 2019, with operating revenue of 23.136 billion yuan, up 36.82% year on year. The net profit attributable to shareholders of the listed company was 405 million yuan, down 17.26% year on year;

US oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears. The West Texas Intermediate (WTI) for May delivery shed 55.9 U.S. dollars, or over 305 pe

As the world faces unprecedented destruction in oil demand brought about by the coronavirus pandemic, China has in recent weeks emerged to be the only respite for crude sellers seeking to offload their cargoes, market sources told SP Global

US WTI Crude Oil Collapses to Negative -$37.63 Per Barrel -The May contract for the first time in history Trader: Sorry Sir, I am not sure whether you are selling or buying? Oil Company: I am selling. Trader: Are you sure? But you pay me? O

The Maritime and Port Authority of Singapore (MPA) has awarded two new bunker supplier licences to Minerva Bunkering and TFG Marine, following its call for applications for new licences in December 2019. Bunkering services in the Port of Si

1.As of April 15th, 3,500 crew members have shifted and boarded ships at the relevant ports in China. 2.Chinas comprehensive import price index for liquefied natural gas (LNG) went up last week, according to Shanghai Petroleum and Natural G

As of April 15th, 3,500 crew members have shifted and boarded ships at the relevant ports in the sea. It is expected that by the end of May, there will be about 10,000 crew members who need to be shifted and disembarked the ship. Ministry o

On the morning of April 17, the unveiling ceremony of China Merchants Jinling Shipyard (Nanjing) and China Merchants Jinling Shipyard (Jiangsu) was held in Yizheng. Wang Bingsong, member of the Standing Committee of Yangzhou Municipal Party

Running out of luck with creditors and facing mounting distress, Singapore giant oil trader Hin Leong Trading (HLT) and its sister company Ocean Tankers sought indulgence from 23 lenders on Friday (April 17) as it applied for court protecti

Chinas crude oil output rose 2.4 percent year on year to 48.57 million tonnes in the first quarter (Q1) of 2020, official data showed. During the same period, China processed about 149.28 million tonnes of crude oil, down 4.6 percent year o

Chinese oceanographic research ship Xiangyanghong 06 is sailing to the Pacific Ocean from a port in east Chinas Shandong Province for a 75-day expedition. The expedition team, led by the Ministry of Natural Resources, will focus on the rese

Chinas granting export quotas for refined oil products to non-State-owned refineries in the Zhejiang Pilot Free Trade Zone will ease the countrys domestic oversupply of petroleum products, while sharpening the competitive edge of local refi

Dalian Shipbuilding Industry established a new company and successfully purchased its bankruptcy and liquidation subsidiaries- DSIC Shipping Engineering and DSIC Steel for 624 million yuan. On April 16, CSSC issued a notice that DSIC Shippi

1.Chinas gross domestic product stood at 20.65 trillion yuan in the first quarter of 2020 amid COVID-19 impact, down 6.8 percent year on year. 2.Its a good opportunity for China to top up its strategic crude reserve as its reliance on impor