TFG Marine welcomes Singapore Bunker Supplier and a Bunker Craft Operator licences

TFG Marine, the global marine fuel supply and procurement company created by Trafigura and shipping firms Frontline and Golden Ocean, on Tuesday (21 April) was granted approval by the Maritime and Port Authority of Singapore (MPA) to become a Bunker Supplier and a Bunker Craft Operator serving the vessels visiting the country’s port.

Brunei mulls curbing oil output in line with OPEC+ pact

Brunei will consider cutting oil output in cooperation with OPEC, the second minister of finance and economy said Tuesday, with the coronavirus pandemic sinking demand to a 25-year low and creating a global supply glut.

PH in ‘dire need’ of new natural gas supply, says report

Hampered movement of workers and supplies due to the COVID-19 pandemic has compounded the Philippines’ dire need for new sources of natural gas as output from its only source, the Malampaya project, declines. In their latest commentary on the subject, Fitch Solutions Macro Research noted a lack of discoveries and suspended drilling operations “in the […]

Cabinet gives nod to slash power bills

The cabinet has agreed with the Energy Ministry’s decision to temporarily waive or lower electricity bills for households to help cut people’s expenses during the coronavirus pandemic.