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BREAKING: Tanker, Frigate Collision Shuts Down Norwegian Oil, Gas to Europe

Nov 08, 2018

Norway has been forced to close the Sture Oil Terminal near Bergen and has started closing down the nearby Kollsness gas-and-condensate terminal — a lifeline of heating gas to Europe — after an early morning collision between a $440-million frigate and an oil tanker…

Worker Found Dead at Bosnia Oil Refinery Hit by Blast

Oct 10, 2018

The powerful blast that rocked Bosnia's Brod oil refinery late on Tuesday has left one worker dead, officials said as they raised the figure for the number injured to nine.Firefighters put down the blaze at the plant's oil and gas processing…

Nine People Injured in China Gas Pipeline Blast

Jun 11, 2018

A gas pipeline exploded late on Sunday in China's southwestern province of Guizhou, seriously injuring nine people, official news agency Xinhua reported on Monday.The blast occurred on a pipeline owned by PetroChina at Jiangbaying, near Shazi in Guizhou province…

Houthis Attack Saudi Oil Tanker

Apr 04, 2018

An attack on a Saudi tanker by Yemen's Houthis will not hit oil supplies, Saudi Arabia's energy minister said on Wednesday, after the Iran-allied group said it had targeted a warship in response to an air strike that killed civilians. The Western-backed…

Exxon Assessing Earthquake Damage to New Guinea NatGas Plant

Mar 21, 2018

LNG export project knocked out by major quake in late Feb. A senior Exxon Mobil Corp executive said on Wednesday the company is still assessing damage to its natural gas processing plant in the mountains of Papua New Guinea, knocked out by a strong earthquake last month…

Exxon Mobil buys LNG to Chill Papua New Guinea Project

Mar 19, 2018

ExxonMobil Corp has bought a liquefied natural gas (LNG) cargo to keep its Papua New Guinea plant cold after a powerful earthquake triggered a production halt last month, several trade sources said on Monday. The cool-down cargo could be…

Fire Erupts at Schlumberger Facility in Angola

Feb 28, 2018

A fire has erupted at the facility used by U.S. oil services company Schlumberger at Angola's oil logistics hub in the capital Luanda, the chairman of state-run oil company Sonangol told a news briefing on Wednesday. Schlumberger, the world’s largest oilfield services…

Current News

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Post-War Gulf Faces Push for Alternative Export Routes

Post-War Gulf Faces Push for Alternative Export Routes

Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

RINA Gets Safety Assessment Role on Indonesia's H2WATT Hydrogen Hub

RINA Gets Safety Assessment Role on Indonesia's H2WATT Hydrogen Hub

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

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