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Oil Whiplash Erupts as Houthis Claim Saudi Strike and U.S. Pursues Iran Hormuz Deal
Oil prices swung sharply on Thursday as reported attacks inside Saudi Arabia and forceful statements from US and Iranian leaders collided with indications that Washington and Tehran were...
Market Trends
Hormuz Supply Shock Will Rewrite the LNG Market Forever
The Strait of Hormuz crisis has transformed roughly 20% of global LNG supply into a volume that buyers must now treat as interruptible. Nearly seven months after traffic...
Production
Infrastructure
EXMAR Secures 10 Year FSRU Lease for Côte d’Ivoire LNG Import Project
EXMAR has entered agreements to supply a Floating Storage & Regasification Unit at the Port of Abidjan in Côte d’Ivoire. The arrangement covers a 10 year lease for...
Refining
INA Fires Up Transformative Delayed Coker at Rijeka Refinery
Croatia’s INA Industrija Nafte DD has started production at a new delayed coking unit at its 90,000 b/d Rijeka refinery along the northern Adriatic Sea. The startup marks...
Policy
Technology
Drone Breakthrough: Historic Trans North Sea Inspection Completed at Statfjord B
Autonomous offshore inspection technology has advanced beyond pilot projects with a round trip drone mission between the UK and Norway. Flylogix has released details of the operation, which...