Shell, Chevron, Oxy Issue Hurricane Isaias Updates
Shell, Chevron, and Occidental Petroleum (Oxy) have all issued updates in response to Hurricane Isaias. In a statement posted on its website on October 7, Shell said it was continuing…
INOXAP inaugurates 200 tpd Andhra Pradesh ASU
By 6 min ago 2 min read Indian industrial gas firm INOX Air Products (INOXAP) has inaugurated its 200 tonnes per day (tpd) air separation unit (ASU) at Atchutapuram, Andhra…
Apollo Joins $11.5 Billion Race for German Gas Giant Uniper
Apollo Global Management has submitted a non-binding bid for German energy giant Uniper, joining some of Europe’s biggest energy and investment groups in a sale that could value Germany’s largest…
SpaceX Seeks Approval for 32-Mile Florida Natural Gas Pipeline
SpaceX is seeking approval to build a 32.4-mile natural gas pipeline in Florida that would connect directly to the interstate gas network and supply the company’s expanding launch operations at…
Oil Jumps 5% as Iran Steps Up Attacks on Hormuz Tankers
Brent crude swung back above $100 per barrel today as reports flow in about increasingly frequent Iranian attacks on tankers in Hormuz and U.S. Gulf of Mexico field operators began…
Syria Expects to Double Oil Output in a Year
State-owned Syrian Petroleum Co. plans to more than double crude production in a year and ramp up oil refining as foreign operators return, according to Chief Executive Officer Yousef Qiblawy.…
Air Products to build Malaysia’s first LNG-based ASU
By 8 min ago 2 min read Air Products will design, build, and operate Malaysia’s first liquefied natural gas (LNG)-based air separation unit (ASU) to meet merchant demand under an…
Iraq Devalues Dinar 14.5% as Hormuz Disruption Drains Oil Revenue
Iraq devalued the dinar by 14.5% on Wednesday, setting the exchange rate at 1,520 per dollar after months of disruption to oil exports through the Strait of Hormuz cut into…
South Korea Unveils $747 Billion Plan to Break Its Fossil Fuel Habit
South Korea plans to invest as much as one quadrillion Korean won, or $747 billion, in renewable energy, EV uptake, and industry decarbonization by 2035 as it looks to address…
IEA Discusses G7’s 100 Million-Barrel Oil and Diesel Release
The International Energy Agency (IEA) is holding an informal meeting on Wednesday to discuss the planned release of 100 million barrels of oil and diesel stocks to ease the fuel…
