Oil and Petrochemicals
Expansion of Pipeline Capacity in the Permian Basin Reduces Waha Price Differential
The expansion of pipeline capacity in the Permian Basin has reduced the price differential of Waha with hubs such as Hen...
Oil and Petrochemicals
Oil and Petrochemicals
NG Energy Commences Operation of Aruchara-6 Well in Colombia
NG Energy International has commenced operation of the Aruchara-6 well in the Maria Conchita block of Colombia. This wel...
Oil and Petrochemicals
Equinor Extends Drilling Contract in the Deep Sea Atlantic Field Until 2027
Equinor Energy has extended its drilling contract with the semi-submersible Deep Sea Atlantic rig until late 2027. This...
Oil and Petrochemicals
Ukraine Continues Its Attacks on Russian Oil Facilities
Ukrainian forces attacked facilities in the Ryazan region of Russia. This action followed Volodymyr Zelensky's expressio...
Oil and Petrochemicals
Golden Pass LNG to Commission Two Liquefaction Units by 2027
Golden Pass LNG plans to commission its two liquefaction units in 2027. This comes as natural gas deliveries to the Texa...
Oil and Petrochemicals
Saudi Arabia's Petrochemical Production Amid Maritime Disruptions
Disruptions in ship traffic in the Red Sea have impacted Saudi Arabia's petrochemical industry and posed challenges to r...
Oil and Petrochemicals
Decline in Natural Gas Prices in Futures Markets with Distinction Between the East and the Permian Basin
Futures prices for natural gas decreased from October 9 to 14 due to mild weather conditions. This decline was accompani...
Oil and Petrochemicals
PetroChina's Record-Breaking Commercial Profit Forecast Exceeds $3 Billion
PetroChina's commercial profit is expected to exceed $3 billion this year due to the Middle East crisis and rising oil p...
Oil and Petrochemicals
Federal Energy Regulatory Commission Accelerates Gas Pipeline Approval Process
The Federal Energy Regulatory Commission aims to simplify the review process for natural gas projects by introducing a d...
Oil and Petrochemicals
Rise in Crude Oil Prices Following Decrease in U.S. Inventories and Uncertainties in the Middle East
Crude oil prices are on a weekly rise, with Brent crude reaching $105.45. Market uncertainties regarding the continued f...
Oil and Petrochemicals
Mahshahr Firefighters Successfully Managed Wartime Emergency Conditions
The Mahshahr Special Economic Petrochemical Zone, covering an area of 2,800 hectares, produces 37% of the country's petr...
Oil and Petrochemicals
Vitol to Launch LNG Bunkering Services in Asia in 2026
Vitol Bunkers has planned to start LNG bunkering services in Singapore and other Asian markets from late 2026. This move...