Oil and Petrochemicals
TechnipFMC Signs Agreement with BP for Subsea Production Systems Supply
TechnipFMC and BP have signed an agreement for the supply of high-pressure subsea production systems in the Gulf of Mexi...
Oil and Petrochemicals
Oil and Petrochemicals
Fire at the Abkatun Oil Platform Owned by Pemex
Pemex reported a fire at the Abkatun oil platform in the Gulf of Campeche. The incident occurred on October 20, 2026, ap...
Oil and Petrochemicals
Crowley Receives a New Shipment of Tugboats for the Ports of Los Angeles and Long Beach
Crowley has expanded its capabilities in the ports of Los Angeles and Long Beach by receiving a new tugboat named Ventur...
Oil and Petrochemicals
Oil Exports from the Persian Gulf Reach Highest Level Before War with Iran
Oil exports from the Persian Gulf have reached levels higher than before the start of the war between the United States...
Oil and Petrochemicals
The United States' Plan to Revive Sanctioned Tankers Faces Serious Challenges
The United States is trying to bring sanctioned tankers back into the commercial cycle, but challenges such as existing...
Oil and Petrochemicals
BW LPG India sells VLGC cargo for over $80 million
BW LPG India has sold an old VLGC for over $80 million. This deal contributes to the company's fleet renewal program.
Oil and Petrochemicals
LNG Canada Signs €200 Million Contract with Técnicas Reunidas
LNG Canada has signed an EPCM services contract worth over €200 million with Técnicas Reunidas to assist in the developm...
Oil and Petrochemicals
Deputy Commander of the IRGC: The Navy has complete control over the Strait of Hormuz
The Deputy Commander of the IRGC announced the complete control of the Navy and Aerospace Force over the Strait of Hormu...
Oil and Petrochemicals
Violating Oil Tanker Caught Fire in the Southern Corridor of the Strait of Hormuz
A violating oil tanker operating in the southern corridor of the Strait of Hormuz caught fire. This incident was identif...
Oil and Petrochemicals
Capital Tankers Secures $930 Million for Construction of 11 New Tankers
Capital Tankers has secured $930.3 million in financing for the construction of 11 new VLCC tankers in China and South K...
Oil and Petrochemicals
The damage from gas restrictions on petrochemicals in winter will reach 5 million dollars
Gas restrictions in winter could impose damages of around 5 million dollars on petrochemicals. Experts emphasize that an...
Oil and Petrochemicals
Transworld Company Acquires a Supramax Tanker for $16.5 Million
Transworld Shipping Company has purchased the supramax tanker Saltwind Explorer for $16.5 million. This tanker was built...