Oil and Gas
Two oil tankers loaded with Russian crude oil park off Indian coast
Joshua Falcon, March 22, 2024. These two tankers, loaded with crude oil from the Russian Urals, have been parked off the west coast of…
Oil and gas remain fundamental pillars of the global energy system. This category features news covering exploration activities, production developments, strategic investments, and major projects related to the hydrocarbon industry across different regions of the world.
Coverage includes new resource discoveries, expansion of production operations, partnerships between energy companies, and technological advancements supporting exploration and hydrocarbon development. News also highlights market dynamics, corporate strategies, infrastructure projects, and industry initiatives influencing the global supply of oil and natural gas.
Stories in this category reflect how the sector continues to evolve in response to energy demand, technological innovation, and the broader energy transition, while maintaining a central role in the global energy landscape.
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Oil and Gas
China’s Sinochem buys first cargo of new Canadian pipeline
Joshua Falcon, March 22, 2024. Sinochem Group has purchased one of the first lots of crude oil, transported by pipeline infrastructure in Canada. This…
Oil and Gas
BPCL Signs U.S. Oil Purchase Agreement with BP
BPCL strengthens energy security with a U.S. oil supply agreement with BP
Oil and Gas
Company is contracted by Equinor to deliver ROCS for the development of the Irpa field.
Isbel Lazaro, March 21, 2024. Equinor has chosen Optime Subsea to supply two Remotely Operated Control Systems (ROCS) for the Irpa field development project.…
Oil and Gas
Iran’s high demand for gasoline slowly depletes the country’s current gasoline output
Joshua Falcon, March 20, 2024. In the midst of the Nowruz holiday season in Iran, there is a challenge in the face of high…
Oil and Gas
CNOOC announces offshore oil deposit of more than 100 million tons
Joshua Falcon, March 20, 2024. A new discovery in a key oil field has been revealed in the waters of the Bohai Sea, offshore…
Oil and Gas
Olfar exports first biodiesel shipment to Asia
Joshua Falcon, March 20, 2024. The Olfar group, a leading Brazilian biodiesel producer, has successfully exported its first batch of soy methyl ester (SME)…
Oil and Gas
Gas discovered offshore Norway
Isbel Lazaro, March 19, 2024. The Norwegian Petroleum Directorate has reported that Harbour Energy, in collaboration with its partners Sval and Aker BP, has…
Oil and Gas
Blackford Dolphin rig wins drilling contract with Oil India
Isbel Lazaro, March 18, 2024. On March 15, it was announced that Dolphin Drilling, an offshore drilling contractor, has been awarded a drilling contract…
Oil and Gas
Growing Diesel Demand in Germany Drives Limited Supply and Potential Imports
Germany faces a diesel supply shortage as demand rises, with refinery maintenance and breakdowns limiting production capacity.
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