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The Project 636.3 Varshavyanka (Kilo-class) submarine hit by a Ukrainian underwater drone has been identified as B-271 Kolpino.
These two vessels will be the seventh and eighth of 12 new LNG carriers ordered by the joint venture company for QatarEnergy, the world’s largest LNG providers

Russia Forming Joint Organization With OPEC Highly Unlikely Given US Sanctions Risk

It is highly unlikely that OPEC and other oil producers would set up a joint structure due to the additional red tape it would create as well as the risk of U.S.

OPEC delays output decision

Oil fell nearly 3% in choppy trading on Thursday after OPEC and its allies ended a meeting without announcing a decision to cut crude output

OPEC Forecasts Falling HFO Prices and More Scrubber Orders

In its latest annual report on the world's oil market outlook, OPEC has lowered its prediction for non-compliance with the IMO 2020 fuel sulfur content regulation.

S. Korea Becomes the Largest Importer of U.S. LNG

South Korea has emerged as a major importer of U.S. energy resources amid the Donald Trump administration’s strong push for resource exports such as LNG.

IMO 2020 to cause one-off oil demand surge before market adjusts: OPEC

Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of heavy or high sulfur crudes

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