Oil and Petrochemicals
Attack on LNG Tanker in Gulf of Aden Due to Gunfire from Boats
An attack on a liquefied natural gas tanker in the Gulf of Aden occurred due to gunfire from unidentified boats. This in...
Oil and Petrochemicals
Oil and Petrochemicals
Second Violating Super Tanker Collides with Mine in the Strait of Hormuz
The Islamic Revolutionary Guard Corps Navy reported that the second violating super tanker collided with sea mines in th...
Oil and Petrochemicals
IRGC Navy: The Strait of Hormuz is closed as of October 7, 2023
The IRGC Navy announced on October 7, 2023, that the Strait of Hormuz is closed. This action could have significant impa...
Oil and Petrochemicals
Decrease in Super Tanker Freight Rates Following Attacks in the Middle East
Super tanker freight rates have decreased this week due to reduced demand and new attacks in the Middle East. This decli...
Oil and Petrochemicals
The International Energy Agency Accelerates Oil Reserve Release
The International Energy Agency has decided to accelerate the release of approximately 100 million barrels from its emer...
Oil and Petrochemicals
Iran's Liquefied Gas Exports Break Through US Naval Blockade
Iran's liquefied gas and aviation fuel shipments have successfully passed through the US naval blockade and have been se...
Oil and Petrochemicals
Iran continues LPG and jet fuel exports despite US sanctions
Iran has been able to continue exporting liquefied gas and jet fuel since July, despite US maritime sanctions. These exp...
Oil and Petrochemicals
800,000 Ton Reduction in Fuel Oil Supply Due to Tensions in the Middle East
Middle Eastern tensions have severely reduced the supply of fuel oil. This situation has led to rising prices and concer...
Oil and Petrochemicals
Equinor Activates Pricing Options for Additional Wells in the Deep Atlantic Sea
Equinor has extended the additional well contract for the Deepsea Atlantic offshore platform. This semi-submersible plat...
Oil and Petrochemicals
Iran Continues Fuel Exports Despite U.S. Naval Blockade
Shipping data shows that Iran has managed to export liquefied gas and jet fuel from the Persian Gulf despite sanctions p...
Oil and Petrochemicals
New Oil Discovery in Gabon's Offshore License by Panoro Energy and BW Energy
Panoro Energy and BW Energy discovered new oil by drilling two open water wells in Gabon's offshore license. This find i...
Oil and Petrochemicals
Equinor Signs New Contract with Odfjell Drilling for Drilling Until 2027
Equinor has reached an agreement with Odfjell Drilling to utilize the Deepsea Atlantic drilling rig until late 2027. Thi...