MABUX: Bunker market this morning, May 14

 

 

 

  • 2020 May 14 09:01

     

    The Bunker Review was contributed by Marine Bunker Exchange (MABUX)

    MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs demonstrated slight irregular changes on May 13:

    380 HSFO: USD/MT 228.89 (-0.57)
    VLSFO: USD/MT 260.00 (0.00)
    MGO: USD/MT 328.89 (+4.45)


    Meantime, world oil indexes declined on May, 13 amid worries that a potential second wave of the coronavirus pandemic might trigger fresh lockdowns and slam fuel demand once again.

    Brent for July settlement decreased by $0.79 to $29.19 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for June declined by $0.49 to $25.29 a barrel on the New York Mercantile Exchange. The Brent

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Hydrogen retrofits for EU gas system cheaper than newbuild: GIE

 

 

 

  • COAL | ELECTRIC POWER | LNG | NATURAL GAS | PETROCHEMICALS

 

  • 13 May 2020 | 14:00 UTC

 

  • Brussels

 

 

HIGHLIGHTS

GIE plans study on costs, policy needs by end-2020

EC plans energy sector integration strategy June 24

EC mulls need for specific, hydrogen-market rules

Brussels — Retrofitting existing EU infrastructure to accommodate hydrogen and other low-carbon gases will be cheaper than building from scratch, according to the executive leading trade body Gas Infrastructure Europe's work on future LNG terminals.Receive daily email alerts, subscriber notes & personalize your experience.

 

The EU's natural gas and LNG industry is looking to avoid stranded assets and stay relevant as the European Commission pushes for more decarbonized gases such as hydrogen in

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U.S. Increases Firepower And Military Exercises Over South China Sea

 

 

 

 


On Thursday May 7th, two B-1B supersonic heavy bombers were reported cruising the skies to the northeast of Taiwan. According to Aircraft Spots, this was the fourth U.S.-led bomber mission in the Indo-Pacific region since the United States Airforce brought B-1 bombers back into rotation at Andersen Airforce base in Guam earlier this month. The previous three missions took place on May 1st, May 4th, and May 6th.

B-1 bombers can carry the largest conventional payload of both guided and unguided weapons in the U.S. Air Force. They were last deployed in the Indo-Pacific region in 2017 on missions to patrol over the East and South China Seas as a means of, “projecting U.S. airpower

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Hydrogen will be ‘central’ to energy system integration, EU says

 

 

 

 

“Energy system integration is how we connect the missing links in the energy system,” Simson explained, referring for instance to energy flows between electricity and gas grids. [European Union, 2020. Source: EC - Audiovisual Service]

Hydrogen will be a “central element” in the Energy System Integration Strategy that the European Commission will present in June, the EU’s energy chief kadri Simson has said.

During an online debate on Tuesday (5 May), Simson flagged the upcoming building renovation wave and offshore wind as “the first two areas of work” for the energy sector in the recovery phase from the coronavirus crisis.

“But the third area amplifies the impact of both, bringing them together into one connected system. This is Energy

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