Badawi Inspects Valaris DS-12 as bp,Arcius Launch New Mediterranean Drilling Campaign
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling vessel, which has recently entered Egypt’s territorial…
North America
Trump allows Russian oil tanker to reach Cuba, breaking his fuel blockade of island
A Russian-flagged oil tanker reportedly reached Cuba on Monday after US President Donald Trump allowed it to break his administration’s…
Asia
Crude oil and LNG supply are at risk of the worst-possible scenario
A month after U.S. and Israeli strikes on Iran, global markets for the supply of crude oil, refined products and…
Australia
How Australia became hostage to fuel imports
In 2013, Shell closed its Clyde oil refinery on the Paramatta River, and a year later, Caltex closed Kurnell on…
Europe
px Group wins carbon capture O&M contract
Teesside’s px Group has won a ‘multimillion pound’ contract to operate and maintain two facilities at the UK’s first commercial-scale…
Asia
Cairn Oil & Gas Seeks $5 Billion Investment for Shale Development
Cairn Oil & Gas aims to invest $5 billion to unlock India’s shale reserves and increase output to 1 million…
North America
Economists see oil spike costing Canada jobs, raising inflation
Analysts see the consumer price index rising at a 2.4% annual pace this year Economists are boosting their forecasts for…
South America
Venezuela Oil Production Climbs to 1.1 Million Bpd
Venezuela produced an average of 1.1 million barrels of crude daily this month, up from 942,000 barrels daily in February,…
Europe
North Sea jobs safeguarded as HMRC drops challenge to Petrofac rescue deal
More than 2,000 North Sea jobs have been safeguarded after HM Revenue & Customs agreed not to pursue further legal…
Australia
Cyclone triggers outages at major Australian LNG plants
Some of the world’s largest LNG plants were forced shut on Friday by a cyclone off western Australia, squeezing fuel…
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