Jan 24: 8One of the few bright spots for the tanker market last year was the notable increase in recycling sales. Of course, this could be viewed as a double-edged sword as many of these sales could have been a result of poor earnings across most of the tanker market sectors. However, tanker recycling activity could only improve after the low level of sales recorded for 2015 and 2016 and prices have continued to rise into the new year which will likely attract more sales. Click on Report for more. 8A looming fall in VLCCs’ availability in the Middle East over the coming months could help boost the freight rate market in the weeks to come. Click on Report for more. 8The Chabahar port in Iranand Pakistan’s Gwadar port are increasingly part of a widening circle of behind-the-scene maneuvering among the US, India, China, Iran, Afghanistan and Pakistan. Know more on how eventually all of this can be both a threat and an opportunity for India as China tries to woo India to join its One Belt One Road initiative. Click on Report for more. 8An oil & gas industry conference is coming up in Mozambique and Indian public sector companies, which are invested up to $ 5 billion in the country, must put up a good show unlike last year to generate goodwill. India public sector oil & gas companies have a poor track record in managing public relations in the country's in which they are heavily invested. Click on Report for more. 8How will the energy subsidy on oil & gas plan out this budget? Allocations will have to be higher as price increases have been stalled. Will the budget or the companies take the hit? Click on Report for more. 8The fortunes of Chennai Petroleum Corporation is looking up. Find out why Click on Report.