Syria’s Oil Revival Is Weakening Russia’s Influence in the Country
Syrian oil is clawing its way back, methodically. Onshore, the immediate issue is returning Syria’s existing oil production to Damascus. Most producing fields are concentrated …
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TGS and GTI to team up on offshore seismic projects
TGS and GTI have entered into a four-year strategic collaboration intended to deliver integrated seismic acquisition solutions across shallow water, transition zone, and deepwater environments.
Read Full ArticleDrone Strike Sparks Blaze at Key Russian Oil and Fuel Terminal
Ust-Luga, the top Russian port for exports of oil and other commodities from the Baltic Sea, caught fire early on Friday following an overnight drone …
Read Full ArticleMiddle East Oil Tankers Are Going Dark for Longer
Not only is a growing number of tankers moving stealthily with transponders switched off at the Middle East’s two key chokepoints, but the time of …
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Underground LDES: turning mines and caverns into energy storage
This episode of Energy Technology considers how repurposed mines and salt caverns can provide long duration energy storage.
Read Full ArticleVance Says Cheap Oil and Gas Is Top U.S. Priority in Iran War
Low U.S. gasoline prices are the top priority of the Administration amid the war in Iran, Vice President JD Vance said, as the U.S.-Iran deadlock …
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Oil climbs amid US warning of prolonged Iranian naval blockade
Oil prices increased on Friday, 14 August, after the US warned it could impose an indefinite naval blockade on Iran, heightening concerns about crude supply …
Read Full ArticleHormuz Tanker Traffic Slumps as U.S.-Iran Standoff Drags On
Tankers moving along the Strait of Hormuz dwindled further this week, with only five crossings on Wednesday and nine crossings on Thursday, down from a …
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XRG secures stake in Venezuela’s offshore Loran gas licence
ADNOC’s international investment arm, XRG, has been awarded an interest in Venezuela’s offshore Loran licence.
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Emerson wins contract for BP’s $2.9bn Shah Deniz Compression project
Emerson has been awarded a multi-million-dollar contract to deliver automation systems for the $2.9bn Shah Deniz Compression project, operated by BP in the Caspian Sea, …
Read Full ArticleRussia Captures Record Share of India’s Oil Market
Crude oil imports from Russia accounted for over 50% of India’s total import volumes last month. This was the highest share of Russian oil in …
Read Full ArticleOil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags On
Crude oil prices were on course to add 4% this week, as the United States and Iran indicated they are no closer to a peace …
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