Shell advances LNG Canada phase two project with FID
Shell Canada Energy, an affiliate of Shell, has taken a FID on Phase 2 of the LNG Canada project in Kitimat, British Columbia.
Read Full ArticleIndia Looks to Boost Exploration as Hormuz Crisis Threatens Supply
India needs to boost domestic oil and gas exploration to enhance its energy security amid supply disruptions that drive energy prices higher, according to a …
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The future of Europe’s refining is flexibility
Europe’s refineries must boost flexibility with digitisation, resilience and petrochemical integration to stay competitive through 2035.
Read Full ArticleSaudi Arabia Restarts Red Sea Crude Oil Loadings
Saudi Arabia has restarted crude oil loadings at the Yanbu port on the Red Sea after the East-West pipeline resumed partial service, Reuters reported on …
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Oil prices climb for second day over Middle East supply concerns
Oil prices rose for a second consecutive session on Tuesday, 29 September, as ongoing concerns over potential supply disruptions in the Middle East linked to …
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Comstock and SOCAR formalise $1.6bn Haynesville Shale partnership
Comstock Resources and the State Oil Company of the Azerbaijan Republic (SOCAR) have signed a framework agreement advancing the latter’s investment of $1.65bn in the …
Read Full ArticleIndia Unlikely to Ditch Russian Oil Despite Trump's 100% Tariff Threat
India cannot and likely will not replace all the Russian crude oil it is importing despite the threat of 100% tariffs on its products in …
Read Full ArticleArgentina Threatens UK with Court Action Over Falklands Oil Drilling
Argentina will sue the UK unless it suspends an oil drilling project off the coast of the Falkland Islands, the BBC has reported, citing an …
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FTAI unit to acquire USDG crude oil logistics assets for $255m
FTAI Energy Partners (Jefferson Energy), a subsidiary of Nasdaq-listed FTAI Infrastructure, has agreed through one of its subsidiaries to acquire a portfolio of crude oil …
Read Full ArticleChina's LNG Imports Set for Second Straight Monthly Drop
China's imports of liquefied natural gas are on course to book their second consecutive monthly decline because of significantly higher prices driven by the war …
Read Full ArticleOil Extends Rally Despite Higher Hormuz Volume Reports
Crude oil prices extended a climb that began on Monday, despite reports that oil flows via the Strait of Hormuz have improved considerably since the …
Read Full ArticleHormuz Rerouting Doubles Cape Traffic Without Delivering a Windfall
Over the past seven months, shipping traffic through the Strait of Hormuz has dwindled to a trickle, with Iran effectively closing the critical maritime chokepoint …
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