Tue 12 Mar 2013 08:57

PetroChina buys 2 million barrels of fuel oil


Fuel oil cargo is scheduled to be loaded from the Caribbean at the end of this month.



Petróleos de Venezuela, S.A. (PDVSA) has sold 2 million barrels of fuel oil to PetroChina Company Ltd., Bloomberg reports.

The Venezuelan state-owned oil company is reported to have awarded the tender on March 8 after postponing the deadline from March 6.

According to Bloomberg, the 3 percent sulphur parcel is scheduled to be loaded from the Caribbean island of Bonaire from March 30 to April 1.

Last year, according to data released by ICIS, China Marine Bunker (PetroChina) Co Ltd. (Chimbusco) was ranked as China’s largest fuel oil importer with a total of 6.05 - 6.25 million tonnes, up 10 percent on the previous year.

Sinopec Zhejiang Zhoushan Petroleum Co, was second after importing 2.3 - 2.4 million tonnes, up almost 40 percent year-on-year. Shenzhen Brightoil was ranked third with imports of 1.4 - 1.5 million tonnes, which represented a decrease of 20 percent on 2011.


Lease agreement between Inter Terminals Sweden and the Port of Gothenburg, signed on July 1st. Pictured: Göran Eriksson, CEO of the Port of Gothenburg (left) and Johan Zettergren, Managing Director of Inter Terminals Sweden (right). New Gothenburg lease an opportunity to expand green portfolio: Inter Terminals  

Bunker terminal operator eyes tank conversion and construction projects for renewable products.

Map of US Gulf. Peninsula extends US Gulf operation offshore  

Supplier to focus on Galveston Offshore Lightering Area (GOLA) in strategy to serve growing client base.

The M/T Jutlandia Swan, operated by Uni-Tankers. Uni-Tankers vessel gets wind-assisted propulsion  

Fourth tanker sails with VentoFoil units as manufacturer says suction wing technology is gaining traction.

Port of Gothenburg Energy Port. Swedish biomethane bunkered in Gothenburg  

Test delivery performed by St1 and St1 Biokraft, who aim to become large-scale suppliers.

Image from Cockett Marine Oil presentation. Cockett to be closed down after 45 years  

End of an era as shareholders make decision based on 'non-core nature' of Cockett's business.

Petrobras logo. Petrobras confirms prompt availability of VLS B24 at Rio Grande  

Lead time for barge deliveries currently five days.

Opening of the IMO Marine Environment Protection Committee (MEPC), 83rd Session, April 7, 2025. IMO approves pricing mechanism based on GHG intensity thresholds  

Charges to be levied on ships that do not meet yearly GHG fuel intensity reduction targets.

Preemraff Göteborg, Preem's wholly owned refinery in Gothenburg, Sweden. VARO Energy expands renewable portfolio with Preem acquisition  

All-cash transaction expected to complete in the latter half of 2025.

Pictured: Biofuel is supplied to NYK Line's Noshiro Maru. The vessel tested biofuel for Tohoku Electric Power in a landmark first for Japan. NYK trials biofuel in milestone coal carrier test  

Vessel is used to test biofuel for domestic utility company.

Pictured (from left): H-Line Shipping CEO Seo Myungdeuk and HJSC CEO Yoo Sang-cheol at the contract signing ceremony for the construction of an 18,000-cbm LNG bunkering vessel. H-Line Shipping orders LNG bunkering vessel  

Vessel with 18,000-cbm capacity to run on both LNG and MDO.


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