Downstream
Perenco Brazil’s FSO ‘sets sail to Pargo Cluster offshore Brazil
Perenco Brazil announced that the Floating Storage and Offloading (FSO) vessel, “FSO PARGO”, left Dubai and is on its way...
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Despite Demand Uncertainties, Oil Price End 2022 On A High
Despite a sudden increase in US crude supplies, worries about the recession, and worries about demand because of a repeat...
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Oil Expected To Conclude Tumultuous 2022 Slightly Higher
In a year marked by limited supply because of the crisis in the Ukraine, a strong currency, and poor demand...
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chevron invests in carbon capture and removal technology company, svante
Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in...
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INPEX enters 20-year purchase agreement with Venture Global for 1.1 million tons of LNG per year
Venture Global LNG and INPEX Corporation announced the execution of a long-term sales and purchase agreement for the purchase of...
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Aramco and TotalEnergies to build petrochemical complex in Saudi Arabia
The Saudi Arabian Oil Company and TotalEnergies have taken the final investment decision for the construction of a world scale...
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Following A Price Cap, Russia Says May Reduce Oil Production
In response to price limitations on its crude and processed products, Russia may reduce oil production by 5 to 7%...
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Newest Mexico Oil Refinery To Run Half Strength By Mid-2023
According to the reports that came in on December 24, the newest refinery of the Mexican state oil corporation Pemex...
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Russian Oil Exports Fell 11% For First 10 Days of December
According to the Kommersant daily on December 21, which cited unnamed people with knowledge of the issue, Russian oil shipments...
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Norway Oil And Gas November Output Fell Short of Forecasts
According to preliminary figures from the local regulator released recently, Norwegian crude oil and natural gas production fell short of government...
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