Canada’s federal government designated the proposed Pacific Link oil pipeline from Alberta to British Columbia a project of national interest on October 1, bringing it into an accelerated federal approvals process under the Building Canada Act.Backed by Trans Mountain Corporation,…
Petrobras identified another oil-bearing interval while drilling deeper exploratory sections of the Morpho well in block FZA-M-59 off Amapá, Brazil, the company said on Friday, October 2.The well, also designated 1-BRSA-1405-APS, is in 2,886 metres of water in the Foz…
Fassmer’s shipyard in Berne, Germany, hosted the launch of Sentinel, the Republic of Singapore Navy’s (RSN) first offshore patrol vessel (OPV) of the Sentinel class, on Thursday, October 1.Singapore’s Ministry of Defence said the four OPVs, built specifically for the…
Venezuela's oil exports declined to 1.08 million barrels per day (bpd) in September from 1.19 million bpd the previous month as traders pressed state-run PDVSA for price discounts to offset rising freight costs, shipping data showed on Thursday.Global trading houses…
Oil prices jumped more than $3 on Thursday after China suspended oil products exports, potentially tightening fuel markets already coping with global supply shortages, and as there were few signs that diplomatic efforts to end the US-Israeli war on Iran…
US liquefied natural gas exports rose in September as stronger European demand lifted prices and encouraged producers to maximise output despite maintenance outages at one export facility.Berkshire Hathaway Energy said in September it was shutting its Cove Point LNG export…
