The Energy Institute has released their latest draft of the "HM80 Model General Terms and and Conditions for Free on Board (FOB) Sale and Purchase of Crude Oil".

Several matching platforms and brokers have joined up with our broker matching initiative.

LEAP and its Marine Annex Committee are pleased to announce the release of the LEAP Marine Annex version 1.0 for transactions in oil and refined product delivered by vessel in the United States or Canada, or United States or Canadian territorial waters.

Final draft of Marine Annex Agreement voted on and approved.

LEAP and its Canadian Addendum Committee are pleased to announce the release of the Canadian Addendum version 2.3 to the LEAP Master Agreement for Purchasing and Selling Refined Products and Crude Oil version 2.1.