Oil and Petrochemicals
The number of damaged oil shipments in the Strait of Hormuz has reached six
Since Sunday, six oil tankers have been attacked in the Strait of Hormuz. These incidents are currently under investigat...
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Analysis
Saudi Arabia has begun planning an attack on the Houthis in Yemen
Saudi Arabia is planning a military attack on the Houthis in Yemen that may begin in the coming weeks. This operation ai...
Oil and Petrochemicals
G7 Agrees to Release 100 Million Barrels of Crude Oil and Diesel
The G7 has begun the release of 100 million barrels of crude oil and diesel from emergency reserves to reduce fuel price...
Oil and Petrochemicals
The G7 Will Release 100 Million Barrels of Oil and Diesel
The G7 will release 100 million barrels from emergency oil and diesel reserves to reduce fuel prices. This action is rel...
Analysis
The United States Deploys USS Theodore Roosevelt and 10,000 Military Personnel to the Persian Gulf
The United States Navy has deployed the aircraft carrier USS Theodore Roosevelt along with 10,000 military personnel to...
Oil and Petrochemicals
U.S. Coast Guard Seizes Oil Shipment to Cuba
The U.S. Coast Guard seized a shipment of fuel that was en route to Cuba during an international operation. The shipment...
Oil and Petrochemicals
US Coast Guard Intercepts Oil Tankers Bound for Cuba
The US Coast Guard announced the interception of several oil-laden ships heading to Cuba. This action follows the reinst...
World
The Departure of the Third U.S. Aircraft Carrier Group to the Persian Gulf
The third U.S. aircraft carrier group led by the USS Theodore Roosevelt has been dispatched to the Persian Gulf to stren...
Oil and Petrochemicals
China Halts Refined Fuel Exports in October
China has halted refined fuel exports in October to replenish its domestic reserves. This move could increase pressure o...
Oil and Petrochemicals
Alaska LNG Export Project Faces Costs More Than Twice That of Gulf Competitors
The Alaska LNG project is proposed as an export plan with costs ranging from $44.5 billion to $54.5 billion, which is no...
Oil and Petrochemicals
Transfer of 60% of Eco Atlantic's Oil Share to BP Namibia
Eco Atlantic Oil and Gas will transfer 60% of its share to BP Namibia with final approval from the Ministry of Industrie...
Oil and Petrochemicals
Attack on Kuwaiti Oil Tanker Kazimah III in the Strait of Hormuz and Disruption of Loading Operations in Yanbu
The Kuwaiti oil tanker Kazimah III was attacked in the Strait of Hormuz, while loading operations in Yanbu, Saudi Arabia...