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NYK Line comes aboard Stolt-Nielsen’s Avenir LNG

Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) has taken steps to acquire a stake in Avenir LNG, an owner and operator of small-scale liquefied...

UAE Cuts Crude Shipments to Partners

Abu Dhabi National Oil Co. cut the volume of crude for its onshore partners by about a fifth for this month, although the flows...

Indian Refiners Buy 30MM Barrels of Russian Oil after US Waiver

Indian refiners have bought about 30 million barrels of Russian oil since the US provided a green light for purchases to help the country...

Giant FPSO achieves first gas injection at Petrobras’ Brazilian project

Singapore-based offshore, marine, and energy solutions provider Seatrium has confirmed the first gas injection at a floating production, storage, and offloading (FPSO) vessel deployed...

Zama oilfield planning focus switched to FPSO development

The partners see this new approach as more capital-efficient compared with the earlier fixed platform concept,Harbour Energy, the new operator for the Zama oilfield...

$33.4 billion acquisition of AES filling financial coffers for Panamanian firms’ $4B lawsuit

  Sinolam, Panamanian companies with projects in the liquefied natural gas (LNG) and power generation sector, has provided its take on the acquisition of AES...

Libya Restarts Gasoline Production at Sarir

Libya's National Oil Corp (NOC) said Thursday the Sarir refinery is back to producing gasoline after a three-year hiatus.Sarir, which went online 1989, has...

War Sees Energy Exporters Scramble for Routes Out of Gulf

  The widening conflict in the Middle East is stoking fears over a global energy crunch as exporters scramble for routes out of the region...

Crude Volatile as Hormuz Risks Increase

Oil fluctuated as investors assessed the widening impact of the US-Iran war on Middle East energy markets, with the conflict entering a fifth day. West...

JP Morgan Warns DFC Insurance Cap is Too Small for the Risk

In an oil flash note sent to Rigzone late Wednesday by Natasha Kaneva, J.P. Morgan’s head of global commodities strategy, analysts at the company,...

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