TotalEnergies to transfer Papua LNG operatorship to ExxonMobil
TotalEnergies has agreed to transfer operatorship of the Papua LNG project in PNG to ExxonMobil PNG Antelope, as part of a set of contractual and …
Read Full ArticleHigh Crude and LNG Prices Weigh on India’s Oil and Gas Sector
The renewed rally in crude oil and LNG prices and the higher freight costs are pressuring the marketing margins of India’s oil and gas sector, …
Read Full ArticleSaudi Aramco's Jizan Refinery Hit Again as Houthi Attacks Escalate
Saudi Aramco's 400,000-barrel-per-day Jizan refinery was hit in a new attack Monday, threatening a major Red Sea refining hub while Saudi Arabia is moving more …
Read Full ArticleIran Says It Will Control New Hormuz Shipping Corridor
Iran said Monday that it is preparing to sign an agreement with Oman establishing a new shipping corridor through the Strait of Hormuz under Iranian …
Read Full ArticleIndia’s Crude Oil Benchmark Tops $100 as Middle East War Escalates
India’s average crude import price soared to above $100 per barrel at the end of last week and is set to further rise this week …
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Rosneft begins oil shipments from Vostok Oil project in Arctic
Russian oil producer Rosneft has commenced oil shipments from its Vostok Oil project, following a commissioning ceremony overseen by Russian President Vladimir Putin via video …
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Dorian LPG orders three dual-fuel Panamax VLGCs from Hanwha Ocean
Dorian LPG has agreed with South Korean shipbuilder Hanwha Ocean for the construction of three 90,000m3 dual-fuel Panamax very large gas carriers (VLGCs) for a …
Read Full ArticleGoldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise
Oil prices could surge to as much as $120 per barrel if attacks on shipping in the Middle East intensify, according to Goldman Sachs. “Events …
Read Full ArticleQatar Moves Six LNG Tankers Toward Gulf as Export Restart Looms
Half a dozen empty liquefied natural gas carriers are en route to Qatar in what may be a sign that QatarEnergy is preparing to restart …
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Baker Hughes to provide stimulation services for bp in UK North Sea
US-based energy technology company Baker Hughes has been selected by bp to deliver stimulation services across the oil major’s UK North Sea operations.
Read Full ArticleSouth Korea Eyes $22.3 Billion Texas Gas Plant to Power AI Data Centers
South Korea has reportedly agreed to invest $22.3 billion in a gas-fired power plant in Texas as part of its trade deal with the Trump …
Read Full ArticleShipping Fuel Shortage Looms as Refiners Prioritize Diesel
Supply of fuel oil for the shipping industry is getting squeezed by the war-driven tightness in diesel fuel, as refiners prioritize the latter over the …
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