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Headlines

FuelEU Maritime: How Baltic Exchange is helping shipowners understand the commercial implications

info info - December 12, 2024

Gas

Shell and Equinor to create the UK’s largest independent oil and gas company

info info - December 5, 2024

Headlines

STX Group expands its biofuels business with strategic acquisition of Marine Olie

info info - December 4, 2024

Gas

ADNOC statement on recent media reports

info info - November 25, 2024

Oil

US crude, fuel stockpiles seen down last week

U.S. crude oil and product inventories were expected to have fallen last week, a preliminary Reuters poll showed on Monday. Four analysts polled by Reuters...

Oil traders ignore dwindling stocks to focus on economy

Oil prices have retreated in recent weeks as traders look past the current depletion in global inventories to focus on the future threat posed...

Offshore intervention and P&A contract in Brazil awarded to Halliburton

Halliburton announced it has been awarded a contract by Petrobras to provide a full range of services in Brazil for integrated well interventions and...

India now depends on Russia for 40% of its crude oil imports

“During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average...

US drillers cut oil and gas rigs for first time in three weeks – Baker Hughes

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services...

OPEC oil output rises in July on Saudi rebound, survey finds

OPEC oil output rose in July, a Reuters survey found on Friday, as a rebound in Saudi Arabian supply and small increases elsewhere offset...

Fairwater, the newest Jones Act Energy and Chemical Transportation Provider, formally launches

Crowley and SEACOR jointly announced the successful formation of Fairwater Holdings LLC. Fairwater, an independent U.S. company, integrates Crowley and SEACOR’s petroleum and chemical...

Saudi Arabia’s Bahri reports 15% jump in Q2 revenue on year on oil, chemicals

The National Shipping of Saudi Arabia, or Bahri, attributed a 15% year-on-year increase in revenue in the second quarter to better oil and chemicals...

China’s Iranian crude imports find new market in northeast

Imports of Iranian crude have been flowing into the port and refining city of Dalian since late last year, tanker tracking firms and trading...

Iran releases oil from seized tanker ‘St Nikolas’

Iran has released the oil cargo of a Greek-owned, Marshall-Islands-flagged tanker it seized in the Gulf of Oman earlier this year, a shipping source...

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