Oil and Gas
XRG Strengthens Its LNG Strategy at Rio Grande LNG in the U.S.
XRG increased its stake in Rio Grande LNG to strengthen its global LNG portfolio and expand its strategic presence in the United States.
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Oil and Gas
Fire at Haldia Petrochemicals Affects Naphtha Line in India
Naphtha is a highly flammable hydrocarbon used as feedstock for the production of ethylene, propylene, and other essential petrochemical products.
Oil and Gas
MODEC sends FPSO Gato do Mato hull to China following construction
MODEC completed the forward hull of the FPSO Gato do Mato, which will be integrated in China before continuing its construction for Brazil.
Oil and Gas
Russia imports gasoline from India to tackle refining crisis
Russia plans to import 400,000 tonnes per month to offset the 25% drop in output from its damaged refineries.
Oil and Gas
Oil Falls to Four-Month Lows on U.S.-Iran Negotiations and OPEC+ Expectations
Brent WTI oil prices register four-month lows driven by reduced geopolitical risk premium and expectations of increased supply from OPEC+ and Iran.
Oil and Gas
Nepal Reduces Fuel Prices by Up to 17% Following Relief in Global Oil Market
The price reduction in Nepal reflects the high sensitivity of economies completely dependent on imports to international crude oil volatility.
Oil and Gas
Shell reorganizes its offshore portfolio with the sale of assets in the Gulf of Mexico
Shell transfers offshore assets in the Gulf of Mexico to Talos Energy and Ridgewood in a transaction valued at $1.7 billion.
Oil and Gas
While the U.S. and Iran Negotiate in Doha, a Vessel Ran Aground in Hormuz by Following an Unrecognized Route
A container vessel ran aground in Hormuz after using a route not recognized by Tehran, highlighting the real risk of navigation in the strait.
Oil and Gas
Woodside assumes operation of Gippsland Basin gas assets in Australia
The transfer of operators for the Gippsland Basin assets represents a significant shift in the management of one of Australia's natural gas sources.
Oil and Gas
Natural gas in the Eastern Mediterranean drives Europe
Natural gas in the Eastern Mediterranean continues to establish itself as one of the pillars of the European energy strategy, thanks to the progress…
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