Oil and Petrochemicals
Increase in Tanker Rates and Supply of the Maritime Fleet
Tanker rates are on the rise, but the supply of the maritime fleet has also significantly increased. Predictions indicat...
Oil and Petrochemicals
Oil and Petrochemicals
DNV Research Included in International Standards for Marine Mooring Systems
ISO 19901-7:2026 standard includes the results of the NorMoor project regarding the design and assessment of marine moor...
Oil and Petrochemicals
Federal Energy Regulatory Commission Advances LNG Public Licenses
The United States Federal Energy Regulatory Commission (FERC) has recently proposed advancing public licenses for LNG pr...
Oil and Petrochemicals
Natural Gas Prices Rise in November Due to Supply Shortage
The supply shortage and increased demand for natural gas in November led to a rise in future prices of this product. The...
Oil and Petrochemicals
International Energy Agency to Release Over 20 Million Barrels of Diesel
The International Energy Agency (IEA) has decided to release over 20 million barrels of diesel. This action is part of t...
Oil and Petrochemicals
Strengthening Canada's Natural Gas Market as Winter Approaches
Canada's natural gas market has been strengthened due to increased demand in the winter season and LNG export activities...
Oil and Petrochemicals
HD Korea Shipbuilding & Offshore Engineering Signs New Contract for LPG Vessel Construction
HD Korea Shipbuilding & Offshore Engineering has signed a contract to build four LPG vessels worth 625.8 billion Korean...
Oil and Petrochemicals
Increase in Venezuela's Oil Production with the Arrival of New Drilling Rigs
The arrival of eleven new drilling rigs to Venezuela's oil fields this month is a sign of improvement in the country's o...
Oil and Petrochemicals
Natural Gas Prices Drop Due to Disruption in Appalachian Pipelines
Cash prices for natural gas in Appalachia have sharply decreased due to pipeline disruptions. Winter contracts are also...
Oil and Petrochemicals
PetroTal Drills Well 25H in the Bretana Field
PetroTal has drilled the development well 25H in the Bretana field to a depth of 3,362 meters and is targeting productio...
Oil and Petrochemicals
8.6 Million Barrel Decrease in Crude Oil Reserves in the United States
Crude oil reserves in the United States decreased by 8.6 million barrels to 415.6 million barrels in the week ending Oct...
Oil and Petrochemicals
Norway Court Orders Seadrill to Pay 55 Million Dollars to SFL
The Borgarting Court of Appeal in Norway has ordered Seadrill to pay 55 million dollars to SFL. This amount includes dam...