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Oil Pipeline
Egypt Brings Online New Crude Pipeline at al-Hamra port
Egypt has brought online a new crude oil pipeline at the al-Hamra petroleum port on the Mediterranean Sea.
Oil & Gas Trade
US Eyes October Deadline to End Exemptions on Venezuela Oil Sanctions
The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the S…
Oil&Gas Drilling
Total Restarts Drilling off Angola
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow.
LNG
Renewables Could Cut LNG Plant Emissions by 8%
Using renewable energy could help the Asia Pacific region cut carbon emissions from liquefied natural gas plants by 8%.
Oil&Gas Drilling
Trump Administration Looks at Allowing Longer Extensions to Remote Offshore Wells
The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthe…
Oil & Gas Trade
Tehran Says Fuel Seized by US Belonged to Venezuela, Not Iran
Iran’s Foreign Minister, Mohammad Javad Zarif, has refuted allegations, saying that the vessels involved in what he described as an act of “piracy” were not …
Coal Mine
The World’s Top Miner Broadens Plans to Exit Coal Operations
BHP Group will broaden plans to exit coal operations and review opportunities to shed aging oil and gas assets under new CEO Mike Henry’s more urgent push to r…
Mauritius
Oil Spill in Mauritius Causes Ecological Disaster, France and India Assist
An oil spill from the MV Wakashio, a Japanese ship that struck a coral reef in Mauritius on July 25, has imperiled fish and other marine life around the Indian …
Warren Buffett Sells Stake in Oil Giant Occidental Petroleum
Warren Buffett’s Berkshire Hathaway has sold its common stock interest in Occidental Petroleum.
Oil&Gas Drilling
Trump to Open Alaska Arctic Refuge to Oil Drilling for First Time
The Trump Administration is set to open the Arctic National Wildlife Refuge in Alaska to oil drilling for the first time by approving a drilling program on Mond…
Market Analysis
China's Electricity Consumption Growth Eased to 2.3% in July
A shift in production strategy by crude oil refineries may have played a role.
Oil & Gas Trade
OPEC+ Seeks to Defend Oil-Market Gains as Demand Outlook Darkens
OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices.
Oil and Gas Equipment
Iraq to Send Second Round of Gasoil Supplies to Lebanon
Iraq is sending a second round of gasoil supplies in aid to Lebanon following the massive blast that wiped out much of the Lebanese capital Beirut's port and su…
LNG
Low Gas Prices Could Derail Papua New Guinea’s LNG Ambitions
Papua New Guinea first started producing liquefied natural gas in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule.
Nuclear waste
TVO Submits EIA Programme on Very Low-Level Waste Disposal
Rainoil Limited’s newly built 8000metric ton capacity Liquefied Petroleum Gas tank, with fleet capacity of 40 trucks, has been launched, targeted at deepening …
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