GTT, COSCO Shipping LNG Investment (Shanghai) Co., LTD. (CSLNG) and COSCO Shipping Heavy Industry Co., LTD. (CHI), have signed a strategic cooperation agreement. This is the first agreement with CSLNG, which specializes in LNG transportation project investment,...

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Singapore onshore fuel oil stockpiles logged their highest volumes in two weeks, although levels dipped below the average, official data showed on Thursday. Residue inventories were at 19.25 million barrels (3.03 million tons) in the week to Feb. 5, up 6.1%...

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Local offshore and marine (O&M) companies are well-positioned to ride continued demand for their services in 2025, with activity in the offshore oil and gas industry expected to increase, experts said. This is despite the possibility of oil prices softening in the...

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Oil executives called for a return to navigation through the Red Sea en route to the Suez Canal following a halt in attacks by Iran-backed Houthi rebels, but said firms were cautiously monitoring shipping conditions and competitors. A Liberian-flagged oil tanker that...

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