Middle East3 months agoFirst Two LNG Carriers and a Supertanker Cross the Hormuz Since the Conflict BeganTwo liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days,…
Middle East4 months agoWood Wins Offshore Pipeline and Umbilical Engineering Contract with COOEC for QatarEnergy’s Bul Hanine FieldUK engineering group Wood has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to deliver a scope…
Middle East4 months agoWood Wins Detailed Design Contract for QatarEnergy’s $4bn Bul Hanine EPIC2 Subsea Pipeline NetworkWood has secured a contract from the China Offshore Oil Engineering Company (COOEC) to undertake detailed design work for QatarEnergy’s…
Middle East4 months agoSaudi Arabia Forced to Boost Fuel Oil Imports as Gas Output DipsSaudi Arabia is importing more fuel oil than before, to use in power generation as its natural gas production reverses…
Middle East4 months agoAbu Dhabi Investor Acquires Hornsea 3 StakeMubadala Investment Company has invested USD 325 million (approximately EUR 300 million) in the UK’s Hornsea 3 offshore wind farm,…
Middle East4 months agoMeeting oil demand will be essential for decades, Shell CEO saysThe global events of the last few months have shown that meeting oil demand will be essential for decades to…
Middle East4 months agoOil prices rise after Trump warns Iran over stalled peace talksOil prices rose on Monday in Asia after US President Donald Trump warned Iran the “clock is ticking” as talks…
Middle East4 months agoJP Morgan Warns Oil Could Average $151 in Q4Natasha Kaneva, J.P. Morgan’s head of global commodities strategy, J.P. Morgan warned that Brent could average as much as $151…
Middle East4 months agoOil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace dealOil prices rose Tuesday as U.S. President Donald Trump said that the ceasefire with Iran was on life support after…
Middle East4 months agoWorld’s largest oil company reports 25% profit jump as exports via Saudi Arabia’s East-West Pipeline bypass Strait of Hormuz closureAramco, the world’s largest oil company, reported Sunday that its first quarter profits jumped 25% over last year, as it…
