Oil and Petrochemicals
SCA Received $20 Million Submarine Cable Installation Contract from Saipem
Subsea Cable Assets (SCA) has received a $20 million contract for a marine energy project in the Caspian region from Sai...
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Oil and Petrochemicals
CRC Evans Opens New Welding and Protective Coating Center in the UK
CRC Evans announced the opening of a new 90,000 square foot welding and protective coating center in Burnley. This cente...
Economy
Canada's Natural Gas Reserves Approach Full Capacity
Canada's natural gas reserves have reached a high level, preparing the market for a winter that is expected to be warmer...
Oil and Petrochemicals
Russia has begun oil exports from the large Vostok project
Russia has started exporting crude oil from the Vostok project of Rosneft. This project has a capacity of 50 billion bar...
Oil and Petrochemicals
SLB Signs Contracts for the Construction of Over 450 Wells for Aramco
SLB has signed four integrated well construction contracts with Aramco, which include over 450 oil and gas wells in Saud...
Analysis
China's Fuel Exports May Decline in October Due to Severe Inventory Drop
China may reduce its fuel exports in October as gasoline and diesel inventories have reached their lowest levels in seve...
Oil and Petrochemicals
Import of 53 Billion Cubic Feet of Natural Gas into U.S. Reserves
A new report shows that 53 billion cubic feet of natural gas were injected into U.S. reserves in the week ending Septemb...
Analysis
Reduction of Gas Transmission Capacity at the Mermentau and Grand Chenier ANR Compressor Stations
Maintenance lasting nearly a week at the Mermentau and Grand Chenier ANR compressor stations has resulted in a reduction...
Technology
Increase in Electric Vehicle Sales in Europe Due to Record Fuel Prices
The rise in fuel prices in Europe has led to a 52.2% increase in electric vehicle sales on the continent. Germany and Fr...
Oil and Petrochemicals
Increase in Oil Prices Due to Global Supply Shortage
Oil prices have risen due to a global supply shortage. This change is influenced by potential negotiations between the U...
Economy
South Korea Begins $22.3 Billion Investment in Texas Natural Gas Project
South Korea has taken the first step in its $350 billion investment by selecting a gas-fired power plant with a capacity...
Oil and Petrochemicals
The U.S. Supports Argentina's LNG Project with a $6 Billion Loan
The Export-Import Bank of the United States is providing a loan of up to $6 billion for Argentina's natural gas project....