Oil

LNG Carrier

Hyundai Heavy Industries Attains 94% of Order Intake Goal for 2021

Korea Shipbuilding & Offshore Engineering, an intermediate holding company in charge of the shipbuilding business of Hyundai Heavy Industries Group, attained 94…

LNG

World's Largest Dual-Fuel Container Ship Construction Project Concluded

So far, all 9 super large ships of the project have been completed and delivered on time, achieving a perfect ending.

Oil Pipeline

Video Shows Fire in Gulf of Mexico After Gas Pipeline Rupture

Mexico's state-owned oil company said Friday it suffered a rupture in an undersea gas pipeline in the Gulf of Mexico, sending flames boiling to the surface in t…

Oil Refinery

Iraq Closes on New Chinese Refinery Investment Deal

Iraq is nearing agreement on a new downstream investment deal with a group of Chinese state-owned companies for the construction of a new 100,000 b/d refinery, …

LNG

Global LNG Deliveries Rise in June

Worldwide LNG receipts increased compared with a year earlier for a fourth consecutive month in June but dropped from May and were at their lowest since October…

Hydrogen Project

Saudi Arabia Aims To Dominate The Global Hydrogen Market

While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now heavily investing i…

Oil Pipeline

Environmentalists Slam Mexico After Underwater Oil Rig Fireball in Gulf

Mexico’s state-owned oil company said Friday that an undersea gas pipeline ruptured near a drilling platform in the Gulf.

Oil Price

Oil Prices in S. Korea Hit 33-Month High

Retail oil prices in South Korea rose for the ninth consecutive week to reach the highest level in nearly three years amid a global oil rally.

Oil Exploration

Erdogan: Turkey will Continue Oil Exploration in Disputed Eastern Mediterranean

Turkey's president may be upping the ante against Greece, Cyprus and the European Union.

Oil Field

BP and Lukoil Considering Selling Stakes in Iraq

Oil minister describes country's investment environment as 'destructive' for international oil companies

Crude Oil

OPEC Discussing Deal to Raise Oil Production by 2 million b/d by December: Sources

OPEC and its allies appear in striking distance of a deal on production quotas, discussing proposals that call for an output increase of about 2 million b/d fro…

Crude Oil

Aussie Onshore Explorer Starts Significant Onshore Oil Hunt

JV between Buru and Origin start the first of two large oil prospects in Canning basin

Oil Field

Equinor Brings Pioneering Martin Linge Oil and Gas Field Online

On June 30th, Equinor’s Martin Linge oil and gas field in the North Sea came on stream. The field is powered from shore, resulting in low CO2 emissions, and op…

Crude Oil

S.Korea’s June Crude Oil Imports up 5.9% y/y – Preliminary Data

South Korea’s June crude oil imports rose 5.9% to 79.0 million barrels from a year earlier, preliminary data from the Ministry of Trade

Crude Oil

Iraq's Crude Oil Exports Exceed 86 mln Barrels in June

Iraq's Ministry of Oil said on Thursday that the country exported 86.76 million barrels of crude oil in June, bringing in revenues of about 6.14 billion U.S. do…