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Oil Field
Mud Volcano Explosion Near Major Caspian Sea Gas Fields
An explosion near an offshore field in the Caspian Sea has had media guessing as to what happened, after several shots and videos were released online.
Crude Oil
OPEC+ Fails To Hike Oil Production, Delays Decision Again
OPEC+ much-awaited resumption of talks today has now been delayed, indicating that Saudi Arabia and the UAE have not been able to broker any agreement after the…
Crude Oil
Opec+ Resumes Output Talks Amid UAE Standoff
Opec+ ministers are due to resume talks at 15:00 Vienna time today to try to defuse what is fast becoming the group's most serious crisis since it embarked on i…
LNG Carrier
Hyundai Heavy Industries Attains 94% of Order Intake Goal for 2021
Korea Shipbuilding & Offshore Engineering, an intermediate holding company in charge of the shipbuilding business of Hyundai Heavy Industries Group, attained 94…
LNG
World's Largest Dual-Fuel Container Ship Construction Project Concluded
So far, all 9 super large ships of the project have been completed and delivered on time, achieving a perfect ending.
Oil Pipeline
Video Shows Fire in Gulf of Mexico After Gas Pipeline Rupture
Mexico's state-owned oil company said Friday it suffered a rupture in an undersea gas pipeline in the Gulf of Mexico, sending flames boiling to the surface in t…
Oil Refinery
Iraq Closes on New Chinese Refinery Investment Deal
Iraq is nearing agreement on a new downstream investment deal with a group of Chinese state-owned companies for the construction of a new 100,000 b/d refinery, …
LNG
Global LNG Deliveries Rise in June
Worldwide LNG receipts increased compared with a year earlier for a fourth consecutive month in June but dropped from May and were at their lowest since October…
Hydrogen Project
Saudi Arabia Aims To Dominate The Global Hydrogen Market
While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now heavily investing i…
Oil Pipeline
Environmentalists Slam Mexico After Underwater Oil Rig Fireball in Gulf
Mexico’s state-owned oil company said Friday that an undersea gas pipeline ruptured near a drilling platform in the Gulf.
Oil Price
Oil Prices in S. Korea Hit 33-Month High
Retail oil prices in South Korea rose for the ninth consecutive week to reach the highest level in nearly three years amid a global oil rally.
Oil Exploration
Erdogan: Turkey will Continue Oil Exploration in Disputed Eastern Mediterranean
Turkey's president may be upping the ante against Greece, Cyprus and the European Union.
Oil Field
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies
Crude Oil
OPEC Discussing Deal to Raise Oil Production by 2 million b/d by December: Sources
OPEC and its allies appear in striking distance of a deal on production quotas, discussing proposals that call for an output increase of about 2 million b/d fro…
Crude Oil
Aussie Onshore Explorer Starts Significant Onshore Oil Hunt
JV between Buru and Origin start the first of two large oil prospects in Canning basin
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