Oil and Petrochemicals
Oil and Petrochemicals
Oil and Petrochemicals
15 h ago
Explosion in the Strait of Hormuz; a giant oil tanker was targeted in an attack
The sound of an explosion was heard in the Strait of Hormuz, and a very large oil tanker was targeted in this route. No further details about this event have be...
Oil and Petrochemicals
The U.S. Government Has Started Selling Sanctioned Oil Tankers to Authorized Investors
The United States government has authorized the sale of sanctioned oil tankers to authorized investors in order to contr...
Oil and Petrochemicals
Middle East Oil Exports Reach Pre-War Levels of the U.S. and Israel
Middle East oil exports have returned to pre-war levels of the U.S. and Israel. The average daily exports of Gulf produc...
Oil and Petrochemicals
Oil Prices Rise After Houthi Attacks on Saudi Facilities
The continuous Houthi attacks on Saudi Arabia's energy targets have pushed oil prices above $113. These developments hav...
Oil and Petrochemicals
Saudi Arabia Seeks Access to Foreign Oil Reserves for Aramco
Saudi Arabia is negotiating with foreign countries for Aramco's access to oil reserves to strengthen its oil supply agai...
Oil and Petrochemicals
Angola's Deep Oil Project Reaches 50% Completion
The multi-billion dollar oil project off the coast of Angola has reached its halfway point. This project is being develo...
Oil and Petrochemicals
Bloomberg: The Increase in Tanker Shipping Costs Benefits the U.S.
The increase in tanker shipping costs has helped create a relative advantage for American refineries. In contrast, Europ...
Oil and Petrochemicals
The UK Government Approves the Jackdaw Gas Project After Years of Legal Delays
The Jackdaw gas project in the North Sea is set to commence operations soon following approval from the UK government. T...