Oil and Petrochemicals
Transnet National Ports Authority Seeks Operator for LNG Port in East London
Transnet National Ports Authority has initiated requests for a liquefied natural gas terminal project in East London por...
Oil and Petrochemicals
Oil and Petrochemicals
India Faces Threat of 100% Tariff on Russian Oil
The approval of a new law in the U.S. House of Representatives could impact India's oil imports from Russia. India, as o...
Oil and Petrochemicals
The Liquefied Natural Gas Receiving Terminal in East London Port is Being Launched
East London Port is hosting a new project to construct a liquefied natural gas receiving terminal that will help meet th...
Oil and Petrochemicals
Forecast of Rising Oil Prices by Matt Smith Due to Diesel Shortage
Matt Smith predicts that oil prices will continue to rise due to reduced production and a diesel shortage. Estimates ind...
Oil and Petrochemicals
The U.S. Energy Information Administration Reports a 44 Bcf Increase in Natural Gas Storage
The U.S. Energy Information Administration (EIA) announced in a report that for the week ending September 11, 44 billion...
Oil and Petrochemicals
Oil Prices Fall Due to China's Pressure on Iran to Control the Houthis
Oil prices have decreased following China's pressure on Iran to control the Houthis. These developments, along with the...
Oil and Petrochemicals
CoreMarine Acquires BraOcean and Expands Its Underwater Operations in Brazil
CoreMarine has enhanced its capabilities in the deep underwater market of Brazil by acquiring the Brazilian marine servi...
Oil and Petrochemicals
TotalEnergies Secures $1.8 Billion Investment from GIP for African Assets
Global Infrastructure Partners (GIP) allocated $1.8 billion to TotalEnergies SE for the company's oil and gas assets in...
Oil and Petrochemicals
Pipetech Expands Its Activities in the North Sea of Norway by Establishing a New Center in Sandnes
Pipetech announced the establishment of a new center in Sandnes with an investment of over 6 million Norwegian kroner to...
Oil and Petrochemicals
California Resources Announces Sale of Uinta Basin Assets for $90 Million
California Resources Corp. announced the sale of its Uinta Basin assets to an undisclosed buyer for approximately $90 mi...
Oil and Petrochemicals
Mohsen Paknejad announced the halt of diesel imports
The Minister of Oil announced the halt of diesel imports due to increased production in refineries. This change is due t...
Oil and Petrochemicals
Increase in LNG Traffic in the Strait of Hormuz
Two liquefied natural gas shipments passed through the Strait of Hormuz this week. Producers are looking to increase sup...