18.01.2012 - 11:36 GMT
SAUDI Arabia plans to double its refinery capacity in the next 10 year
National oil company Saudi Aramco is targeting China as a leading oil consumer with potential to import more than the US, say oil analysts. The investment will see Saudi Aramco increase its refinin...... More
18.01.2012 - 11:29 GMT
IEA revises down global demand in 2012
According to the IEA OIL market Report, Oil markets began the New Year confronting a host of supply issues, not least a pending EU ban on Iranian oil imports and retaliatory threats from Tehran to...... More
16.01.2012 - 06:58 GMT
Blemish-free flag states - ICS
Revealing its latest flag performance table, ICS says it believes a balance has to be struck between the commercial advantages of shipowners selecting a particular flag and the need to discourage t...... More