Transport News courtesy of Transportation News Radio

News of multimodal transport and logistics

Noticias del transporte Transporte News Radio

Transport News. Latest news and current transport and logistics: road, rail, sea, air, supply chain. free information.

 


Pres. Weah Exempts LEC from ‘Duty Free, GST on Petroleum Products’  Liberian Daily Observer

President George Weah on Tuesday, January 15, 2019, issued Executive Order 94, exempting the Liberia Electricity Corporation (LEC) from duty and General ...


CNPC forecasts China 2019 crude oil output at 3.8 mil b/d, ending recent declines  S&P Global Platts

China's domestic crude oil output is expected to stop falling in 2019 and to stand unchanged at around 189 190 million mt (3.8 3.82 million b/d), according to a ...


Tanzania, Rwanda chart facilitation of petroleum products via port  IPPmedia

MINISTERS responsible for transport, energy and infrastructures from Tanzania and Rwanda met in Dar es Salaam yesterday to chart improving transportation ...


Sarawak bent on imposing sales tax for petroleum, petroleum products  Malay Mail

KUCHING, Jan 3 — Sarawak will stick to its decision to impose a 5 per cent sales tax on petroleum and petroleum products for the export market beginning this ...


26 ships arrive Lagos ports with petroleum products, general cargo  Vanguard

Twenty six ships carrying various products are at Apapa and Tin-Can Island ports waiting to berth, the Nigerian Ports Authority (NPA) said on Tuesday in Lagos.


Enterprise Products Partners executive says record petroleum exports are at risk  Chron

Traffic jams at the Houston Ship Channel caused by extra-large container ships are putting growing exports of crude oil, refined products, natural gas liquids and ...


U.S.-China Trade Issues Looms Large for Oil  Council on Foreign Relations

Mohammed Barkindo, Secretary General of the Organization of Petroleum Exporting Countries (OPEC), is worried about the U.S.-China trade war. Even tho…


Changes in marine fuel sulfur limits will put temporary upward pressure on diesel margins  Hellenic Shipping News Worldwide

The January 2019 Short-Term Energy Outlook (STEO), released at noon today, for the first time includes analysis of the effect that upcoming changes to marine.


Kazakhstan, Kyrgyzstan agree on cooperation on oil, petroleum products  AzerNews

Prime Minister of Kazakhstan Bakhytzhan Sagintayev signed a resolution approving the draft agreement between the governments of Kazakhstan and ...


Prices of petroleum products likely to be slashed by up to Rs15  The Express Tribune

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has recommended a reduction in prices of petroleum products by up to 13.5 per cent in the month of ...


Generate - January 16, 2019  Axios

Good morning and welcome back! Was this email forwarded to you? Sign up here. And happy birthday to Sade, who brings us today's intro tune.


Record petroleum exports at risk by Houston Ship Channel traffic, exec says  Seeking Alpha

Traffic jams at the Houston Ship Channel caused by extra-large container ships are placing at risk the growth of exports of crude oil, refined products, na.


Oil Prices Stabilize After API Reports Minor Crude Draw | OilPrice.com  OilPrice.com

Oil prices stabilized on Tuesday afternoon, after the API reported a small draw in crude oil inventories and a build in gasoline stocks.


More money sought to clean up site  The Gardner News

GARDNER — The Gardner Redevelopment Authority is seeking additional grant funding for environmental clean-up of the property at 140 South Main St.The ...


Asad Umar reviews existing facilities for import of petroleum products  The News International

The meeting reviewed the existing facilities for import of different petroleum products in the country.


India to contribute 15% of Asia's crude oil refining capacity in 2023  Open Access Government

India, the second largest contributor to Asia's crude oil refining capacity, after China, is expected to contribute 15% of Asia's crude oil refining capacity in 2023.


Targa Resources Partners LP Announces Monthly Distribution on Preferred Units  EnerCom Inc.

HOUSTON, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) ...


Petroleum products should be under GST: PHD Chamber  Economic Times

Hailing the GST Council's decision to reduce tax rates on several items and services, President of PHD Chamber of Commerce and Industry, Rajeev Talwar on ...


Saudi Arabia Automotive Coolant Market to 2023 - New Product Developments, Fuchs Dominating Coolant Industry, Passenger Car, the Prominent Vehicle & Dominance of Ethylene Glycol  PRNewswire

DUBLIN, Jan. 15, 2019 /PRNewswire/ -- The "Saudi Arabia Automotive Coolant Market By Vehicle Type (Passenger Car, Commercial Vehicle, OTR ...


Numligarh Refinery Expansion to meet petroleum products demand in Northeast India  Clipper28

Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to the project for capacity expansion of ...


Nigeria: Crude oil earnings up by 48% to N11.5trn in 9 months  Hellenic Shipping News Worldwide

Nigeria recorded crude oil export worth N11.5 trillion in nine months, from January to September 2018, rising by 48.01 per cent from N7.77 trillion recorded in.


Genesee & Wyoming Reports Traffic for December 2018  Business Wire

Genesee & Wyoming Reports Traffic for December 2018 and the Fourth Quarter of 2018.


New intrastate Louisiana crude line announced  Kallanish Energy

Phillips 66 Partners, Harvest Midstream and PBF Logistics are partnering to develop the ACE Pipeline System in Louisiana. The ACE system will provide crude ...


Belarus reduces export duties on oil, petroleum products on 1 January  Belarus News (BelTA)

MINSK, 2 January (BelTA) – On 1 January 2019 Belarus reduced export duties on oil and petroleum products that are exported outside the customs territory of ...


ERC Reduces the Price of Petrol and Other Petroleum Products  Kenyans

The government through the ERC has announced new prices on fuel products with petrol expected to retail at...


Raymond James Says Top MLPs May Be Poised for a Monster Year  24/7 Wall St.

While most oil exploration and production stocks have been hammered, the midstream companies have held up much better. Despite a solid start to 2019, these ...


Petroleum products should be brought under GST: PHD Chamber  ETEnergyworld.com

New Delhi: Hailing the GST Council's decision to reduce tax rates on several items and services, President of PHD Chamber of Commerce and Industry, Rajeev ...


Nigeria: Agency to track petrol consumption  Journalducameroun.com - English

Published on 16.01.2019 at 12h21 by APA News. Share. The Petroleum Equalisation Fund (PEF) says its Sensor Monitoring Project will help to track the ...


Asad chairs meeting to review import facilities for petroleum products  DunyaNews Pakistan

ISLAMABAD (Web Desk) - Finance Minister Asad Umar chaired a meeting of senior officials of Finance, Economic Affairs and Petroleum Divisions in Islamabad ...


Par Pacific closes $358M deal for US Oil & Refining  Kallanish Energy

Houston-based Par Pacific Holdings said Monday it's completed the $358 million acquisition of privately-held U.S. Oil & Refining Co. and certain affiliated ...


Danbury firm exploring new bio-residual oil to lower energy costs, environmental impact - Westfair Communications  Westfair Online

A Danbury company is betting that a new type of biodiesel could be the answer when it comes to finding a cleaner, more efficient and more effective fuel source.


Study: US Oil and Gas Infrastructure Market to Hit $80 Billion by 2024  North American Oil & Gas Pipelines

The U.S. oil and gas infrastructure market is set to grow from its current market value of more than $70 billion to more than $80 billion by 2024.


Oil and Gas industry trends 2019: ranking the top 10  Offshore Technology

GlobalData researchers have identified the top oil and gas industry trends of 2019, using data on online engagement, the number of mentions on Twitter, and ...


Levy of GST on Petroleum Products to Be Decided By GST Council: Dharmendra Pradhan  Krishi Jagran

According to information by Shri Dharmendra Pradhan, in Rajya Sabha, the prices of petroleum products in the country are benchmarked to international product ...


Commerce ministry, PPRA oppose oil credit facility  The Express Tribune

ISLAMABAD: The Ministry of Commerce and the Public Procurement Regulatory Authority (PPRA) have opposed a proposal that will allow the state-run Pakistan ...


Budget 2019: Unlikely to be progressive for oil & gas sector as fiscal math frail  Moneycontrol.com

The industry has been demanding that the government consider reducing the minimum alternate tax rate for E&P operations, which at about 20% of book profits ...


ClipperData LLC Releases GeopoliticOIL, A New Weekly Publication Analyzing Politics, Policy And Trends Impacting The Global Energy Market  EnerCom Inc.

ClipperData LLC Releases GeopoliticOIL, A New Weekly Publication Analyzing Politics, Policy And Trends Impacting The Global Energy Market ...


The pesticide inert ingredients market is projected to grow at a CAGR of 6.14% from 2018 to 2023  PRNewswire

NEW YORK, Jan. 15, 2019 /PRNewswire/ -- The pesticide inert ingredients market is projected to grow at a CAGR of 6.14% from 2018 to 2023. Read the full ...


Russian official wants Minsk to 'cool down' and update Union Agreement  Belsat

Siluanov has proposed to update the Union Agreement with Belarus on the basis of.


Quick Take | Govt may delay payment of subsidy on petroleum products, OMCs could take a hit  Moneycontrol.com

With several planned expenses still in the pipeline, the government is now looking for measures to prevent a fiscal breach.


US crude rises 2.1%, settling at $47.20, on signs of strong product demand  CNBC

Oil prices rose on Wednesday, recovering somewhat from a sharp sell-off during the previous session, after U.S. data showed strong demand for refined ...


First long-range oil product pipeline commissioned in Belarus  Belarus News (BelTA)

FANIPOL, 16 January (BelTA) – The first long-range oil product pipeline in Belarus has been commissioned. The pipeline is 292km long and now connects ...


Ship forfeited to FG for illegally importing petroleum spotted at Elegushi discharging fuel into tankers | The ICIR  Internatinal Centre For Investigative Reporting

AN oil vessel, which was ordered to be forfeited to the federal government two years ago, has been spotted on Elegushi beach, a private beach in Lekki, Lagos ...


Total sues fuel distributor over Shs598m  Daily Monitor

In a matter before the Commercial Court, Total through Sebalu & Lule Advocates, says Great Lakes Petroleum has refused or ignored to pay the money due in ...


Anti-vandal taskforce impounds truck-loads of petroleum products in Sagamu  Daily Trust

No fewer than eight truck load of petroleum products allegedly siphoned by vandals from pipeline belonging to the Nigerian National Petroleum Corporation ...


Global Petroleum Additives Market to 2024 - Growing Prominence for Cheaper Mass-Marketed Aftermarket Additives  PRNewswire

DUBLIN, Jan. 15, 2019 /PRNewswire/ -- The "Petroleum Additives - Market Analysis, Trends, and Forecasts" report has been added to ...


India oil demand rises from four-year low as cash ban impact fades  WorldOil

India's oil demand growth in 2018 rebounded from the slowest pace in four years as the country recovered from the shock of a cash ban and the roll out of a ...


Texas, New Mexico Oil and Gas Reserves are Largest Ever Assessed, Bringing Economic Hope, Environmental Concern  The Weather Channel

An announcement by the U.S. Geological Survey earlier this month that the potential largest oil and natural gas reserve ever assessed is sitting beneath Texas ...


Oil, gasoline had largest losses of all commodities in 2018  Times Record News

Steep declines in crude oil and petroleum product prices in the fourth quarter of 2018 were responsible for the decline in the S&P GSCI energy index.


U.S. Shale's Blows Leave Middle East Oil Producers Staggering  Bloomberg

The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices.


Shell Obtains License to Independently Trade Oil Products in Chinese Wholesale Market  Nasdaq

Royal Dutch Shell's (RDS.A, RDS.B) Chinese unit has obtained a license to independently trade oil products on the domestic wholesale oil market, S&P Global ...


Euronav (EURN) Stock Rating Upgraded by Zacks Investment Research  Fairfield Current

Euronav (NYSE:EURN) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a report released on Tuesday.


Oil Extends Gains in Longest Winning Streak Since 2010  Wall Street Journal

Oil prices settled higher, notching their longest winning streak in nine years as fears of oversupply amid weaker demand abated.


Canada may export oil in small plastic pellets called CanaPux  Quartz

Tankers. Pipelines. Now, CanaPux. Canada is being forced to get creative as it tries to export oil over environmental objections for its contribution to climate ...


Tripura hikes VAT on petroleum products  Times of India

AGARTALA: In the wake of gradual fall in prices of petrol and diesel in the last two months, the Tripura government has hiked VAT and cess on petroleum ...


Nigeria earns $640.35m from Crude export in Oct – NNPC  Vanguard

The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of ...


Oil Breaches $50 a Barrel on Inventory Draw, China Talks  Zacks.com

While easing oversupply concerns and hopes of U.S.-China trade deal helped oil to squirt past $50, it remains to be seen if the commodity can maintain the ...


Iran US sanctions and the dynamics of Iran's petroleum sector  Al-Monitor

While US sanctions are hitting Iran's key energy sector hard, the industry remains set to advance, albeit at a slower pace and with a lower level of technology.


New excise tax on petroleum products effective January 1 - UNTV News  UNTV News

MANILA, Philippines — Despite the rollback on petroleum products, there will be a new excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) ...


Energy - Q4 2018 Review And The Outlook For Q1 2019  Seeking Alpha

Brent and WTI crude oil make new highs and lows for the year during Q4. Oil products follow petroleum prices to the downside; crack spreads reflect seasonal ...


Shell unit secures licence to enter China's oil products wholesale market  Hydrocarbons Technology

Shell China's 200%-owned subsidiary Shell (Zhejiang) Petroleum Trading has received a licence to trade refined oil products in China.


Outlook 2019: India's oil sector hopes for policy continuity in election year  S&P Global Platts

Lower crude oil prices have improved the outlook for India's oil demand growth in 2019, but the pace of rise will largely hinge on the continuity of energy reforms ...


US Shale Challenges OPEC's Oil Dominance In Asia | OilPrice.com  OilPrice.com

United States shale production exploded in 2018, and now OPEC is faced with the difficult task of maintaining its Asian market share.


December Trade Data: Imports contract after 27 months, exports up 0.34%  The Financial Express

Trade slowdown worsened in December 2018, as merchandise export growth plunged for a second straight month to just 0.34% and imports witnessed their first ...


Oil & Gas - International Integrated Outlook: Prospects Dim  Zacks.com

Weak commodity pricing and slowdown in the global economy will hurt oil & gas international integrated stocks.


Sinopec Wins Cabinet Approval for IPO of Retail Unit  Bloomberg

Sinopec, China's top oil refiner, won approval from the country's cabinet for a long-awaited initial public offering of the retail unit that runs its vast chain of gas ...


EIA Confirms Third Straight Week of Oil Inventory Drawdown  Zacks.com

The federal government's EIA report revealed that crude inventories fell by 497000 barrels for the week ending Dec 14.


7 ingredients to avoid using on Afro hair  cosmopolitan.com (UK)

I'm SO precious with what I put on my hair, although recently have come to realise that it's not necessarily because it's my pride and joy. Sure, I love it as much as ...


Buckeye Partners, L.P. (BPL) Given Consensus Rating of “Hold” by Brokerages  Fairfield Current

Shares of Buckeye Partners, L.P. (NYSE:BPL) have received an average recommendation of “Hold” from the sixteen research firms that are covering the firm, ...


5 “Discounted” Oil Stocks to Buy After a Tough 2018  Investorplace.com

Almost all oil stocks have taken a disappointing turn last year, but 2019 holds significant potential if you know where to look.


Bargain During Roller Coaster Ride: Marathon Petroleum Update  Seeking Alpha

Marathon Petroleum is the largest U.S. independent petroleum refiner with 16% of U.S. capacity, owning 21% of Mid-Continent and Rockies capacity. At (lower) ...


Minister says govt will uphold LNG contract with Qatar  DAWN.com

ISLAMABAD: The government on Monday said it was requesting Qatar for reduction in the price of Liquefied Natural Gas (LNG) and its supplies on delayed ...


US Shale's Blows Leave Middle East Oil Sellers Staggering  Transport Topics Online

The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices. A tussle is playing out in the market for ...


NNPC set to meet December 2019 deadline on petroleum product importation  Nairametrics

NNPC has affirmed that it is keen on meeting its December 2019 deadline proposed by the Federal Government to end the importation of petroleum products.


Top companies in Oil and Gas: ranking the top 10  Offshore Technology

The top ten most influential companies, organisations and government bodies in oil and gas, as provided by GlobalData's Influencer dashboard.


Shell Bags License To Trade Oil Products In China's Wholesale Market  OilVoice

Royal Dutch Shell plc (Shell), a renowned European multinational oil & gas company, has reportedly been awarded a trading license by the Chinese ...


Despite U.S. Sanctions Iran's Budget Projects Higher Oil Revenues  RadioFarda

As Iran's oil exports have halved due to U.S. sanctions, the government has set 1425 trillion rials income from oil, petroleum products and natural gas exports in ...


Kinder Morgan Moves Forward with Roanoke Expansion Projects on Plantation Pipe Line and Southeast Terminal  Associated Press

HOUSTON--(BUSINESS WIRE)--Dec 17, 2018--Kinder Morgan, Inc. (NYSE: KMI) today announced a successful open season on its Roanoke Expansion ...


Israel's Paz Oil renews contract with Palestinian Authority  Reuters

JERUSALEM (Reuters) - Paz Oil said on Thursday it extended its contract with the Palestinian Authority to sell petroleum products in the West Bank and Gaza ...


LTU Karachi collects Rs587bln in first half of 2018/19  The News International

KARACHI: The Large Taxpayers Unit (LTU) Karachi has collected Rs587 billion during the first half (July–December) of the current fiscal year, amid flat growth in ...


Why Big Oil Looks to Be the Best Energy Bet for 2019  24/7 Wall St.

With oil hovering near 2018 lows, these energy stocks are outstanding long-term buys for growth portfolios looking for income as well.


China: Shell subsidiary wins oil products wholesale license  PetrolPlaza.com

The global oil trader is the first wholly foreign-owned company to win a wholesale license. | PetrolPlaza.


Is Terrace prepared for a rail disaster?  Terrace Standard

The City of Terrace is reviewing its emergency response procedures to railway accidents after a resident voiced concern over the increased shipment of ...


Exports up marginally in December  SME Times

India's merchandise exports rose marginally in December by 0.34 per cent to $27.93 billion from the $27.83 billion reported for the corresponding month of 2017.


Oil spill in Seward: 71-footer sinks in Alaska harbor  National Fisherman

Officials have yet to determine a cause for the sinking of the 71-foot F/V Nordic Viking in the Seward, Alaska, harbor on Dec. 9. The Coast Guard is taking the ...


Manipur launches ‘Saksham 2019’ - awareness on fuel conservation  Northeast Now

Most of the speakers at inaugural event of 'Saksham 2019' said conserving and preserving energy should be pursued as a responsibility.


Average price of petrol drops to N145.80 per litre — NBS  Vanguard

THE National Bureau of Statistics, NBS report, released yesterday, showed that the average price paid by consumers for premium motor spirit (petrol) decreased ...


What the 2018 Farm Bill's legalization of industrial hemp could mean for Arkansas farmers and the hemp industry  Arkansas Times

The 2018 Farm Bill, signed Thursday by President Trump, removes hemp and its derivatives from the Controlled Substances Act, thus legalizing the cultivation of ...


Import compression and taxation  Business Recorder

The one big challenge faced by the finance ministry is how to keep tax revenues pace intact while reducing the imports. The reliance of taxation has.


Hefty oil price hike set Tuesday  CNN Philippines

Metro Manila (CNN Philippines, January 14) — Pump prices are set to increase starting Tuesday, January 15, amid the implementation of higher oil excise tax ...


Jefferies Says Top Midstream Energy MLPs Are Outstanding Buys Now  24/7 Wall St.

Needless to say, energy master limited partnerships (MLPs) trade in tandem with oil prices because they are in the oil and gas moving and storage business.


Shell Unit Gets Nod to Tap China's Wholesale Oil Market  Caixin Global

China licensed a unit of Royal Dutch Shell to become the first international oil major to tap China's wholesale oil-products market as Beijing steps up efforts to ...


Q4 Cost Report: Steel, Oil Prices to Drop in 2019 as Current Tariff Spike Subsides  Engineering News-Record

While effects from tariffs triggered soaring material prices in 2018, a more modest escalation is expected in the upcoming year—in part due to an ongoing ...


Buckeye Partners, L.P. Announces Closing of Sale of Package of Domestic Pipeline and Terminal Assets  GlobeNewswire

Action Previously Announced as Outcome of Strategic Review.


Kazakhstan increases production of petroleum products  AzerNews

The volume of production of petroleum products in Kazakhstan increased by 9.3 percent, Minister of Energy K. Bozumbayev declared.


Sarawak to impose sales tax on petroleum products  Malay Mail

KUCHING, Nov 5 ― The Sarawak state government will impose 5 per cent sales tax on all petroleum products next year, Chief Minister Datuk Patinggi Abang ...


US oil refiners export record volume of petroleum products  Financial Times

US exports of petroleum products have surged to a new record, reflecting how the country's refining industry is taking advantage of relatively cheap supplies of ...


US exports of crude oil, petroleum products exceeds imports  talkbusiness.net

The United States, in the week ending Nov. 30, exported more crude oil and petroleum products than it imported for the first time in weekly data dating back to ...


Govt offers IMF Rs190b in new taxes for bailout  The Express Tribune

ISLAMABAD: Pakistan has offered the International Monetary Fund (IMF) to impose Rs190 billion worth of additional taxes to restrict budget deficit to Rs2.2 ...


Kazakh market to be provided with domestic petroleum products  AzerNews

Kazakhstan's market has started to be supplied with domestic petroleum products, First Deputy Energy Minister Makhambet Dosmukhambetov said at the KIOGE ...


News search

Transport News

Colabora con nosotros

Colabora con el mantenimiento de la emisora



Other links