Sentences with phrase «fuel oil at»

LMAA arbitration in a dispute arising out of an alleged failure to load a cargo of fuel oil at a sufficient rate due to alleged deficiencies in the vessel's manifolds.

Used oil is converted into processed fuel oil at OSS's plant at Stourport and principally sold on to the UK quarry and power industry.

Not exact matches

The recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.

NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.

SINGAPORE, April 24 - Brent crude oil rose for sixth day on Tuesday, passing $ 75 a barrel, on expectations that supplies will tighten because fuel is rising at the same time the United States may impose sanctions against Iran and OPEC - led...

Fossil fuel usage, meanwhile, is expected to hit its ceiling in 2030 at 2.93 billion tons of oil equivalent with coal expected to continue as the top energy source for China by 2050.

LAGOS, May 2 - Nigerian energy firm Forte Oil said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on its core fuel distribution operation at home.

But when it comes to fracking — the oil and gas industry's technique to tap into harder - to - reach fossil fuels — the two have similarly negative yet slightly divergent view points, which were highlighted at the Democratic Presidential Debate in Flint, Michigan, on Sunday night.

It also gradually phased out subsidies that kept retail fuel cheap, causing prices at the pump to climb by an average of nearly 25 % since 2014, even though global oil prices fell by as much as 75 % during that period.

High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Servioil, said Tom Kloza, global head of energy analysis at Oil Price Information ServiOil Price Information Service.

The positions involved at Koch Supply & Trading were primarily in refined products and fuel oil trading and operations, according to the sources.

In the season where Formula 1 gets to grip with its own «fuel crisis», we look at two of the biggest global oil companies involved with the business of F1.

«While the increase in U.S. production of crude oil and the reduced U.S. demand for transportation fuels will likely reduce the demand for total U.S. crude oil imports, it is unlikely to reduce demand for heavy sour crude at Gulf Coast refineries.»

Rive argues that it should stay underground, that the oil majors look at the world through petroleum - coated lenses, and that the benefits of solar are so obvious that once the price becomes more competitive, fossil - fuel use will plunge.

At Exxon, weak refining results were coupled with lower oil production, fueling concern about Chief Executive Officer Darren Woods» turnaround plan for the world's largest publicly traded oil producer.

Papa's comments on Tuesday were a stark contrast to the tone of cautious optimism at the conference, where many executives claimed that data analytics and technology, like machine learning, will improve efficiency in the oil patch and fuel further gains.

Demand for jet fuel has increased over the last two years as the global economy has strengthened and airplane passenger traffic has risen, said Sandy Fielden, director of oil and products research at Morningstar Commodities in Austin, Texas.

October 31, 2017 Fueling a Future of Women Leaders in the Energy, Oil and Gas Industries WBENC Energy Executive Program Launches Inaugural Class November 5 - 10, 2017 at Shell's Robert Training Center in Louisiana

Healthy demand growth for fuel not only in emerging economies led by China and India, but also in Europe, is helping global inventories to draw down faster now, keeping the oil market on the right track towards rebalancing, according to industry executives who spoke at a conference on Tuesday.

According to Mike Muller, Vice President of Crude Trading & Supply at Shell Trading, the soaring diesel fuel demand and the buying of crude oil to fill strategic reserves have been the key drivers of this year's higher oil demand growth.

Furthermore, efforts at oil giant Royal Dutch Shell RDS.A, +0.62 % to move beyond fossil fuels into low - carbon energy is as much driven by the growth potential of alternative energy markets as a concern for global warming.

(a) the point at which the licensee may export from Alberta any quantity of natural gas, crude oil or refined fuels;

Of course, oil means energy, which means that higher oil costs will translate into higher prices for just about everything, not just at the fuel pump.

Russia's economy grew at 7.2 % per year from 2000 to the peak of the global financial crisis in 2009, fueled by huge oil and gas revenues.

At present, most of this rent has been relinquished to companies that have been privatized: the large fuel companies (Gazprom, Yukos and other oil companies), mining companies (Norilsk, etc.), and the telephone, electric power and other monopolies.

«Rising domestic socioeconomic stresses in Russia — caused by dwindling oil revenues and the impact of Western sanctions — will fuel President Putin's anti-western rhetoric and increase the likelihood of him seeking foreign «distractions»,» Alastair Newton, senior political analyst at Nomura, said in a note Wednesday.

According to Knight Frank, oil tumbled to its lowest level for nearly 12 years last week, raising the prospect of further falls in fuel prices at the pumps.

NEW YORK The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fuelled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.

Exxon posted higher - than - expected third - quarter earnings Friday thanks to soaring profit at its refineries that process oil into fuel.

The prices at petrol pumps of state - owned fuel retailers like Indian Oil Corp (IOC) were cut by 1 - 3 paisa every day in the first fortnight of December 2017 before Gujarat went to polls.

With finance ministry refusing to cut excise duty to give relief to the common man from petrol hitting a 55 - month high of Rs 74.63 a litre and diesel at a record high of Rs 65.93, oil PSUs have since April 24 not changed fuel rates.

Yet so prone are we to care most about what is near at hand, the fear of atomic destruction is probably less keen in most minds than is the energy crisis which means less oil and gasoline available, less fuel for heating, and an abrupt change in American life - styles.

And while Know Brainer launched a ketogenic MCT Oil creamer at the show, Wonder Fuel offered a plant - based alternative with its Organic Vegan Creamer with MCT Oil.

Beyond the impact of lifted sanctions, the slowdown in global growth, the strength of the US shale industry and the global glut of oil supply (a surplus estimated at one million bpd) continue to fuel the downward spiral of the market.

He added that they suspect some industry insiders at the Bulk Oil Storage and Transportation Company (BOST) deliberately caused the contamination of the 5 million litres of fuel.

Curiously, the hike in the price of kerosene came at a time when the price of crude oil had dropped to record low, with the price of petroleum products, such as kerosene, fuel and diesel, among others, dropping significantly in a number of countries, like the United States.

With the government removing fuel subsidies and oil marketers refusing to sell diesel at pump prices, the cost of doing business in Nigeria is expected to double over the next three months especially as oil hits a benchmark price of $ 38 per barrel with the International Monetary Fund (IMF) predicting a further drop to $ 20 per barrel by mid-year.

The Minority in Parliament has accused the oil firm at the centre of the contaminated fuel saga, Movenpinaa, of evading tax to the tune of GH cents 14 million.

It is time to not only ban fracking, but halt new investments in fossil fuels and related infrastructure, including pipelines, gas - fired power plants, fracking waste dumps, fossil fuel storage depots in the salt caverns by Seneca Lake, LNG exports at Port Ambrose, crude oil «bomb trains,» and a tar sands oil heater at the Port of Albany.

These include a Shell fuel station at Kakpayili, two Naagamni fuel stations at Kanshegu and Kasalgu, and Superior Oil fuel station at Datoyili.

According to the Register of Lords» Interests, Lord Carlile of Berriew was at various times a director of 5 Bell Yard Ltd and the Wynnstay Group of agricultural feed manufacturers, agricultural goods merchants and fuel oil distributors; a Deputy High Court Judge; a Chairman of the Competition Appeals Tribunal; and a trustee of the White Ensign Association.

It emerged last month that the Bulk Oil Storage and Transportation company (BOST) signed a deal to sell about 5 million litres of contaminated fuel to Movenpiina Energy and Zup Oil at a discounted price that could result in Ghana losing about GHs7 million in revenue.

Some powerful state actors are involved in the recent $ 5 million litres contaminated fuel which was reportedly offloaded by the market at the Bulk Oil Storage and Transportation Company (BOST).

This comes at a time when the Bulk Oil Storage and Transportation Company Limited (BOST), is being accused of wrongfully selling about 5 million litres of contaminated fuel to some unlicensed companies under suspicious circumstances.

Nigeria continues the absurdity of expending more than 30 % of scarce foreign currency importing refined petroleum products, a self - imposed malaise as we insist on subsidizing domestic fuel consumption; and crude oil and gas as a percentage of our export revenue stays at 96 % meaning beyond all the talk of diversification, current rhetoric does not match the outcomes!

IES - Market scan indicates Zen Petroleum, Benab Oil, Pacific, Lucky Oil and Frimps Oil lead the chart of Oil Marketing Companies (OMCs) selling the cheapest fuel per litre at the pump.

Citi News gathered earlier this week that, at least 200 liters of premix fuel had been diverted by Oil Marketing Marketing Companies that claimed to supply the product outside Accra, but ended up supplying mostly within Accra for industrial purposes at a higher cost to make more profit.

A Minority MP and a member of the Energy Committee in Parliament, Edward Bawa, believes the Energy Ministry's attempt to unravel the controversies surrounding the contaminated fuel sale at the Bulk Oil Storage and Transportation Company (BOST), will be held back by staff who have kicked against calls for the interdiction of their Managing Director, Alfred Obeng.

A man in Nigeria's oil capital, Port Harcourt in the south of the country, looks on at an oil tanker carrying fuel that exploded after an accident.

The six fuel stations that were robbed included the Kakpagyili Shell fuel station, two Naagamni fuel stations at Kanshegu and Kasalgu and Superior oil fuel station at Datoyili.