Oil and Gas
U.S. Crude Oil Inventories Fall 9.1 Million Barrels in One Week
API inventories show a sharp weekly decline, while the annual balance still reflects cumulative growth.
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Oil and Gas
Vallourec secures contracts with ExxonMobil Guyana and expands line pipe in Brazil
Subsea infrastructure expansion optimizes thermal performance in the Stabroek Block.
Oil and Gas
Japan’s oil imports fall to their lowest level since 1979
Japan recorded its lowest historical level of crude oil imports from the Middle East after the closure of the Strait of Hormuz.
Oil and Gas
Oil Tankers in the Strait of Hormuz Transport 6 Million Barrels to Asia
Three supertankers cross Hormuz with crude oil to Asia amid heightened maritime risks.
Oil and Gas
Navitas Petroleum will take control of Block 1 CBK offshore in South Africa
Navitas Petroleum will take over operations of Block 1 CBK offshore in South Africa's Orange Basin.
Oil and Gas
Equinor agrees to supply gas to Germany for 5 years
The gas supplied by Equinor will have a lower emissions intensity than the alternative sources used by Germany.
Oil and Gas
South Korea and Japan Expand Energy Cooperation Amid Pressure on Asian Markets
South Korea and Japan strengthen energy and security agreements amid international market volatility.
Oil and Gas
Construction of the Sakarya gas field FPU structure begins
According to project data, the facility will have an estimated export capacity of 25 million standard cubic feet per day.
Oil and Gas
Shearwater wins OBN seismic contract in Jackdaw and the North Sea
Shearwater will conduct a high-resolution OBN seismic campaign in the North Sea Jackdaw field.
Oil and Gas
BASF Unifies Research to Enhance Refinery Catalytic Agent Quality in Georgia
The opening of the Attapulgus facility accelerates the development of industrial catalysts to enhance fluidized catalytic cracking performance.
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