News and Articles

Geldof rewarded

Leading supplier of integrated steel solutions – Geldof, has announced that after the successful completion of the ETT4 project, it has been...

Odfjell awards

Odfjell has been awarded the EcoVadis gold sustainability rating and has been ranked as number one among its industry peers by Sustainalytics...

Marathon developments

Marathon Oil Corporation has announced that the company fully redeemed its $900 million aggregate principal amount of 3.85 percent...

Iraq/Total deal

France's Total will build four giant energy projects in southern Iraq under a $27 billion deal signed in Baghdad, the country's oil...

A new wave

China's Zhenhua Oil is in advanced discussions to join a provincial government-backed firm to build a natural gas receiving terminal...

World first

Norway’s Ministry of Climate and Environment has given NOK €8.6 million in funding to the world’s first green ammonia bunkering terminal...

UK’s transition

Speaking at the launch of its annual Economic Report, OGUK chief executive, Deirdre Michie OBE, has said that the UK oil and gas industry is...

MOL buys shares

Japanese shipper Mitsui OSK Lines (MOL) has signed a deal with Russia’s state-owned leasing company GTLK to buy stakes in two large floating...

IOC/Petronas collab

Indian Oil Corporation is expanding its joint venture with Malaysia's state-run Petronas to include building liquefied natural gas (LNG)...

Maximum alert

A lack of diluents to produce Venezuela's flagship crude grades took a toll on oil exportsin August, forcing state-run PDVSA to declare...

PPRA rule exemption

The government has partially exempted 16 spot cargoes of liquefied natural gas (LNG) from Public Procurement Rules 2004, procured or to be...

Basrah exports rise

Iraq expects exports of Basrah Medium to rise over the remainder of this year, with operations at the Basrah terminal being reconfigured to...

Pastures new

The CEO of Finnish state utility Gasum, Johanna Lamminen, has been replaced with the CFO Kai Laitinen with immediate effect, Gasum said...

NuStar restarts

NuStar plans to restart operations at its New York Harbour refined products terminal, following the restoration of power there, a spokesperson...

Iljin Hysolus growth

South Korean hydrogen tank maker Iljin Hysolus Co (Bongdong-eup) is now listed on the Korea Stock Exchange Index KOSPI, according to the...

Iran’s export plans

Iran is determined to increase its oil exports despite sanctions imposed by the United States on Tehran’s crude sales, Iranian oil...

New build

Yuri Vitrenko, the acting CEO of Ukraine’s national oil company Naftogaz, said that the company is considering building a tank farm to store...

Pilot scheme

Russian mining giant Nornickel said a pilot geotechnical monitoring system set up at 11 diesel tanks in Norilsk, Russia, has proved to be...

Ida causes delays

Global shipping markets have been roiled by major disruptions after Hurricane Ida made landfall along the US Gulf Coast on August 29...

Turnspires’ acquisition

Turnspire Capital Partners LLC has completed its previously announced acquisition of the Daniel Measurement and Control business from...

PetroChina’s tanks

Its parent company CNPC said PetroChina has commissioned four new storage tanks at the Tangshan LNG receiving and regasification terminal...

Taft upgrade

US terminal company Pin Oak Corpus Christi has completed a new pipeline connection and 1.2 million bbl of new tank capacity at its Taft terminal...

Agreement reached

Refining NZ, which runs the Marsden Point Oil Refinery, said it had now reached agreement with all three of its existing refinery customers...

AntwerpXL open

Registration has now opened for AntwerpXL exhibition and conference. To be held at the Antwerp Expo in Belgium, December 7-9 2021, industry...

Hess sale complete

Hess Corporation has announced that it has completed the previously announced sale of its subsidiary Hess Denmark ApS, which holds a 61.5...

TWTG win

TWTG has won a tender by Shell Nederland. The I-IoT hardware company based in Rotterdam has now delivered the first 100 NEON Vibration...

ABS class new FPSO

ABS will class a new Floating Production Storage and Offloading Vessel (FPSO) for the Lu Feng 12-3 oilfield. The 100,000-dwt unit was ordered...

LNG uncertainty

US liquefied natural gas (LNG) exporters could see cargo cancellations return this summer if the current supply glut cannot be alleviated by...

Strong demand

As the world begins to recover from the COVID-19 pandemic in most areas, the demand for oil and gas has increased exponentially. Prices...

Widespread panic

Lebanese leaders have agreed a short-term compromise to maintain fuel subsidies, in a bid to ease severe shortages, the presidency and the...

World first

Chiyoda Corporation, Mitsubishi Corporation, Mitsui & Co Ltd and Nippon Yusen Kabushiki Kaisha have signed an agreement with ENEOS...

Refinery closure

Permanent refining capacity closures expected for 2020-2021 have risen to about 1.7 million barrels per day (bpd) as the COVID-19 pandemic...

Talos progress

Independent upstream oil and gas producer Talos Energy and a partner are advancing a carbon sequestration and storage project, after winning a bid for

Sinopec expansion

China's state-run Sinopec has expanded the handling capacity of Qingdao LNG import terminal, located in the port city of Qingdao in...

Capacity trebled

Liquid terminal operator Zenith Energy is to handle and store three times the amount of renewable diesel at its terminal in Portland...

India LNG boost

India will boost liquefied natural gas (LNG) imports from next year as private firm Swan Energy starts its floating terminal, raising the...

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