all things Oil
Highlights MR tanker freight recovers from slump in response More LNG demand in Asia pushes cargoes East Increased transit volumes at the Panama Canal pushed wait times higher for clean petroleum product and unreserved LNG tankers during the week ended Jan. 28, as more cargoes
Highlights Mizton is a heavy sour grade produced by Italy’s Eni offshore Tabasco, Mexico PMI will be the marketer of the crude Aframax-sized cargoes will be loaded out of the FPSO Miamte The first cargo of Mexican crude produced by a private foreign company is
Hunting Energy Services (Hunting) has entered the United Kingdom geothermal market by providing engineering, manufacturing, and logistics services to the Eden project in Cornwall. While this is the company’s first deployment in the United Kingdom it is not planning to stop there but has made
Malaysia’s Petronas has put on offer 14 exploration blocks, six clusters of Discovered Resource Opportunities, and one cluster of Late-Life Assets in its Malaysia Bid Round 2022. The launch had over 1,300 potential and existing investors in attendance from North America, Europe, the Middle East,
Southern Energy Corp. (SOU: TSXV, AIM: SOUC) has announced the spudding of its three Selma Chalk horizontal wells in the Gwinville field targeting natural gas. The three wells will be batch drilled from the same surface pad site for operational and capital efficiencies, the company
The U.S. Department of Energy (DOE) will provide $25 million in funding to support increased research, development, and demonstration of technologies that harness wave power to create electricity. The funding supports eight projects that will make up the first round of open-water testing at the
(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) In this week’s edition of oil and gas industry hits and misses, Rigzone’s regular market watchers look at a
The Platts Market on Close assessment process saw healthy buy-sell activity Jan. 28 and three convergence cargoes were also declared. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A total 62 Dubai partials were traded during the MOC process
Highlights Uncertainty grows over trade exposure with Russian entities Provisions can block financial flows and sanction Russian banks Risk and compliance, legal firms flooded with enquiries Commodity trading and shipping activity is likely to see initial disruptions from the proposed financial sanctions on Russia even
Malaysian state-owned oil company Petronas has set the February Malaysian Crude Oil official selling price differential at a premium of $5.80/b to Platts Dated Brent crude assessments, down 20 cents/b from January, the company said in a notice Jan. 28. Not registered? Receive daily email