Yesterday, Port of Antwerp-Bruges is launching the Volta 1, Europe’s first fully electric tugboat. The launch marks an important step in the port’s integrated greening programme, with the ultimate goal of a climate-neutral operation by 2050. Developed in close...

Indonesia’s Pertamina has issued five tenders to buy nearly 3 million barrels of gasoline a month for delivery between July and December, and excluded Singapore as the origin of supply in two of the tenders, documents showed on Monday. Indonesia is considering a cut...

The volume of surplus crude oil in China available for storage surged in April for a second straight month as imports stayed relatively high and refinery processing slipped. China’s surplus crude amounted to 1.89 million barrels per day (bpd) last month, the most...