The oil spill from the Terra Nova tanker that capsized and sank in the Philippines last Thursday has spread far and wide, including entering the waters around the capital, Manila. The oil slick is now […]
Daily Standup Top Stories Amazon claims to power all its operations with renewable energy. If only that were true. July 29, 2024 Mariel Alumit When Amazon announced this month that it had achieved 100% renewable energy seven years […]
Oil and petroleum-based products are indispensable in the process of increasing electrification and expansion of power grids globally, OPEC Secretary General Haitham Al Ghais said on Monday, noting that the energy mix is not a […]
China’s maritime imports dropped to 10 million b/d at the start of the summer. The trend of weaker demand and sluggish physical activity in China impacted Middle East oil pricing. By not cutting when regional […]
Daily Standup Top Stories BRICS Officially Announces Financial System Similar to SWIFT July 26, 2024 Stu Turley The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial mechanism. […]
A flag featuring the Union Jack of the United Kingdom has become a go-to register for Russian-linked ships. Gabon has been elbowed out by the Cook Islands in the top 30 flag leaderboard compiled by […]
NEW YORK, July 28 (Reuters) – Vital Energy (VTLE.N), opens new tab is closing in on an all-cash deal to acquire private equity-owned Point Energy Partners for $1.1 billion, people familiar with the matter said on Sunday, […]
Like all major rivers winding through the country, Canada’s most controversial oil pipeline is destined for the ocean. The Trans Mountain pipeline crosses two provinces, threads a national park in the Rocky Mountains, dips underneath […]
The race is on just outside the Philippine capital to avert the worst oil spill in the country’s history. A 22-year-old tanker carrying industrial fuel oil capsized and sank 3.6 nautical miles off Lamao Point […]
Rystad: global recoverable oil reserves held largely steady at around 1,500 billion barrels. The largest downward revisions are seen in Saudi Arabia, where development priorities have shifted from offshore capacity expansions to onshore infill drilling. […]
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