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HomeInternational News

International News

CNOOC
International News

China’s CNOOC raises roof on giant Zhejiang LNG tank

July 31, 2024 Mariel Alumit

A unit of China National Offshore Oil Company (CNOOC) has completed lifting the roof on one 270,000-cbm tank as part of an expansion project at its Ningbo LNG import facility in the Chinese province of […]

Athletes
Climate Crisis

‘Dire Conditions’: The World’s Best Athletes Ditch Failing ‘Eco-Friendly’ Olympic Village For Hotels

July 31, 2024 Mariel Alumit

Athletes are ditching the Olympic village after being forced to deal with vegan food, cardboard beds, cramped rooms, and no AC. Athletes are ditching Paris’s Olympic village for greener pastures after being forced to deal […]

Department for Energy Security and Net Zero
Energy Policy

New ministers appointed at Department for Energy Security and Net Zero

July 31, 2024 Mariel Alumit

The Department for Energy Security and Net Zero has confirmed the titles and responsibilities of its new ministerial team. Sarah Jones is the Minister for Industry. Her role includes overseeing industrial strategies and policies. Lord Hunt […]

Oil prices
Crude Oil News

Oil prices vulnerable to geopolitical shocks

July 31, 2024 Mariel Alumit

Oil prices continue to experience significant fluctuations driven by geopolitical tensions. Conflicts in the Middle East and disruptions related to the Russia-Ukraine war are contributing to this volatility, according to a report by global financial […]

Energy
Energy Policy

“To help Great British Energy build locally, we need to plan locally first”

July 31, 2024 Mariel Alumit

Ofgem has stressed the importance of local planning in supporting GB Energy’s mission to develop cleaner, cheaper power. According to Eleanor Warburton, Ofgem’s Director, Energy Systems Management and Security sometimes the best solution aligns with […]

Valaris
Crude Oil News

Aramco suspends two more Valaris jackups

July 31, 2024 Mariel Alumit

Valaris has seen two more of its jackup rigs suspended in Saudi Arabia, after Aramco’s initial move to cut more than 20 units across eight contractors earlier this year. The New York-listed offshore driller said […]

UAE
Crude Oil News

UAE Raises Capacity at Offshore Oilfield as It Aims for 5 Million Bpd by 2027

July 30, 2024 Mariel Alumit

Abu Dhabi’s national oil company ADNOC has raised the production capacity at one of its offshore oilfields by 25% using AI technology as the United Arab Emirates looks to boost its total crude oil production […]

Crude Oil
Crude Oil News

Russia’s Crude Oil Shipments Plunge to 11-Month Low

July 30, 2024 Mariel Alumit

Russian seaborne crude oil exports have dropped to their lowest level since August 2023, as Russia’s refinery runs are rising and Moscow is working to comply with its OPEC+ production quota, tanker-tracking data monitored by […]

Oil
Crude Oil News

Brent Breaks Below $80 as Bearish Sentiment Continues to Dominate Oil Markets

July 30, 2024 Mariel Alumit

Oil prices continued to fall on Tuesday morning, ignoring the rising geopolitical risk in the Middle East and the potential of a supply disruption in Venezuela. Concerns about global demand continue to drive bearish sentiment […]

Venezuela opposition
Geopolitical

Venezuela opposition says its victory is irreversible, protests turn violent

July 30, 2024 Mariel Alumit

  Venezuela opposition leader Maria Corina Machado said on Monday (29 July) the country’s opposition has 73.2% of the voting tallies from Sunday’s election, allowing it to prove election results it says give it a […]

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