Shell and Equinor's oil projects in the UK are facing a judicial review initiated by Greenpeace UK, threatening their development in the midst of the energy crisis.
Shell and Equinor's oil projects in the UK are facing a judicial review initiated by Greenpeace UK, threatening their development in the midst of the energy crisis.
Gulf Navigation approves major acquisition to expand storage capacity in Fujairah.
The transaction includes the raising of $122 million in shares, pending shareholder approval.
Gulf Navigation approves major acquisition to expand storage capacity in Fujairah.
The transaction includes the raising of $122 million in shares, pending shareholder approval.
Diamondback Energy and Kinetik Holdings acquire a 30% stake in the EPIC Crude pipeline, strengthening their transport capabilities in the Permian Basin and optimizing crude oil flows to the Gulf Coast.
Diamondback Energy and Kinetik Holdings acquire a 30% stake in the EPIC Crude pipeline, strengthening their transport capabilities in the Permian Basin and optimizing crude oil flows to the Gulf Coast.
Global oil demand is set to grow at a more moderate pace, below the one million barrels per day mark, mainly due to the slowdown in the Chinese economy, according to recent forecasts by the International Energy Agency (IEA).
Global oil demand is set to grow at a more moderate pace, below the one million barrels per day mark, mainly due to the slowdown in the Chinese economy, according to recent forecasts by the International Energy Agency (IEA).
VLCC tanker rates from the Gulf of Mexico to Europe and Asia are beginning to recover after a year of sharp declines, due to fluctuating demand for crude oil.
VLCC tanker rates from the Gulf of Mexico to Europe and Asia are beginning to recover after a year of sharp declines, due to fluctuating demand for crude oil.
TotalEnergies launches the development of the Gran Morgu field offshore Suriname.
An FPSO will be installed, with discussions underway to integrate Petrobras into the project.
TotalEnergies launches the development of the Gran Morgu field offshore Suriname.
An FPSO will be installed, with discussions underway to integrate Petrobras into the project.
Despite a political crisis between Venezuela and Spain, Repsol and the Venezuelan government are stepping up their cooperation in the energy sector, with agreements on oil and gas exploration.
Despite a political crisis between Venezuela and Spain, Repsol and the Venezuelan government are stepping up their cooperation in the energy sector, with agreements on oil and gas exploration.
Oil companies operating in the Gulf of Mexico are evacuating their employees as a hurricane approaches, temporarily threatening production in this strategic region.
Oil companies operating in the Gulf of Mexico are evacuating their employees as a hurricane approaches, temporarily threatening production in this strategic region.
China's lower export quotas for LSFO led to an increase in imports from Singapore, stabilizing the Asian market despite increased supply from the West.
China's lower export quotas for LSFO led to an increase in imports from Singapore, stabilizing the Asian market despite increased supply from the West.