The Norwegian government has announced plans to ban heavy fuel oil (HFO), a dirty marine fuel that propels most vessels, around its Svalbard archipelago in the Arctic Ocean. The effort comes as UN efforts have been deemed too slow.
read more... 10/11/2020
Dutch shipyard Concordia Damen has signed a contract for 40 dual-fuel barges with institutional investors advised by J.P. Morgan Asset Management.
read more... 10/11/2020
French power demand has this month halted its recovery following the reintroduction of a nationwide lockdown in late October, but the year-on-year decline has still slowed compared with the first round of Covid-19 restrictions in the spring.
read more... 10/11/2020
Oil prices continued to decline on Friday, pressured by the rising number of coronavirus cases and diminishing demand. Consequently, Brent crude for January delivery slumped by 3.6% to close at $39.45 a barrel, while WTI oil slumped by 4.3% to $37.14 a barrel.
read more... 09/11/2020
The country imported a total of 253.16 million tonnes between January and October, not far from the 299.67 million tonnes of coal it imported in 2019
read more... 09/11/2020