US-China deal to drive HK bunkering role
The phase one trade agreement signed between the US and China can revive Hong Kong’s standing as an international trading port, and points to its potential re-emergence as a supplier of bunker fuel
Hong Kong’s civil disturbances and the US-China trade war have led to the city losing ground to rival ports. Yet competition between Hong Kong and Singapore, which has enjoyed a long period of stability and dominates Asian bunker fuel supply, is “not a zero-sum game”, says Lawrence Brennan, a former navy captain who is a professor at Fordham University specialising in maritime law. “Both can and should survive and prosper.” Hong Kong historically prospered due to its proximity to China; close enough to attract investors seeking to capitalise on the mainland’s development yet beyond the reach of the authoritarian hand of its Communist Party. With the protesters filling the streets accusing C
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
