Oil and Petrochemicals
TotalEnergies, New Oil Discovery in Angola and Entry into Two Exploration Fields
TotalEnergies recently announced a new oil discovery in Block 17 of Angola. This new achievement marks a significant ste...
Oil and Petrochemicals
Oil and Petrochemicals
Continuation of Energy Paradise Lease: A Strategic Decision by the Norwegians
The Norwegian supply vessel Energy Paradise will be in service for another 100 days. This decision reflects the company'...
Oil and Petrochemicals
Svitzer Signs Contract for Construction of Six New Vessels with Cheoy Lee
Svitzer, a global leader in maritime services, has signed a contract with Cheoy Lee Shipyards for the construction of si...
Oil and Petrochemicals
Drone Attack on Saudi East-West Pipeline: A Wake-Up Call for the Oil Market
The Saudi East-West pipeline, a vital artery for transporting oil from the Persian Gulf, has been severely damaged in a...
Oil and Petrochemicals
Record Highs of VLCC Rates Amid Middle East Tensions
VLCC ship rates have unprecedentedly risen amid Middle East tensions. This situation is astonishing even for veterans of...
Oil and Petrochemicals
Significant Increase in Water Transportation from the Gulf Coast of America
Water transportation from the Gulf Coast of America has significantly increased in the months of April and May. This cha...
Oil and Petrochemicals
Jim Cramer Adds Chevron to His Fantasy Portfolio: Is This a Sign of the Future?
Jim Cramer, the famous market analyst, has added Chevron to his fantasy portfolio. This move could be a warning sign for...
Oil and Petrochemicals
Oil India Competes with ONGC: 11% Production Increase Amidst $100 Oil Prices
Oil India has gained an edge over ONGC with rising oil prices and faster production growth. Additional gas and the devel...
Oil and Petrochemicals
Rio Tinto Gains More Bauxite with Aurukun Contract, but Risks Remain
The new Aurukun contract presents new opportunities for Rio Tinto in the bauxite sector, but significant challenges stil...
Oil and Petrochemicals
Oil's Upward Trend Stops; Market in the Tight Spot of Middle Eastern Tensions
Crude oil decreased at the start of morning trading in the U.S. and retreated from its four-month highs. This price drop...
Oil and Petrochemicals
Canada's Oil Assault on the U.S. Gulf of Mexico Market
Canadian oil is rapidly penetrating the U.S. Gulf of Mexico market. These developments could change the energy equations...
Oil and Petrochemicals
Oil, the Star of the Stock Market 2026: Smart Investment with Golden Stocks
Welcome to the world of oil stocks; a place where major companies are competing in the extraction, refining, and transpo...