U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 billion cubic feet per day (Bcf/d) in December 2023, according to data from S&P Global Commodity Insights. In 2023, Lower 48 dry natural gas production increased 3.7%...

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Iron ore futures climbed for the second consecutive session on Wednesday, aided by improved risk sentiment amid efforts by authorities in top consumer China to shore up market confidence. The most traded May iron ore contract on China’s Dalian Commodity Exchange (DCE)...

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An increase in Iraqi crude volumes this month means that Russian crude may be eclipsed as India’s top source for the first time since October 2022, according to S&P Global Commodities at Sea. CAS data showed, as of Jan. 22, Iraq exported 1.177 million b/d to India...

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The MISC Group (The Group) today strengthens its position as a progressive maritime conglomerate with the addition of two more assets to its current fleet, FPSO Marechal Duque de Caxias, and Eagle Veracruz, its latest LNG dual-fuel Very Large Crude Carrier (VLCC) via...

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ABB to expand offering to vessel weather routing, analytics, reporting and shore-based support through the acquisition of the shipping business of DTN Europe BV and DTN Philippines Inc. DTN shipping capabilities will complement ABB’s existing portfolio of digital...

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The cash premium for very low sulphur fuel oil (VLSFO) rebounded in Asia on Wednesday despite a spot tender from Kuwait’s Al Zour refinery issued late Tuesday. The refinery offered 130,000 metric tons of VLSFO for loading between Feb. 8 and 9 in a tender that closes...

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