TotalEnergies Eyes Offshore Exploration Deal in Syria
TotalEnergies is looking to discuss the potential signing of an exploration contract offshore Syria with officials in Damascus, the French supermajor’s chief executive, Patrick Pouyanné, said during a visit to…
63 Million Barrels Of Crude Stuck At Sea As U.S. Pulls Iran Sanction Waiver
Iran was struggling to sell its crude to buyers in Asia outside China even before the U.S. rescinded overnight the sanctions waiver that allowed Tehran to sell its oil without…
Silex to acquire $40m Pennsylvania semiconductor fab
By 44 min ago 2 min read Stockholm-headquartered MEMS manufacturer Silex Microsystems has agreed to acquire a $40m semiconductor fabrication facility in Pennsylvania as part of a SEK 1.6bn ($165m)…
INOX India builds on record year with $100m order haul
By 1 min ago 3 min read Industrial gas company INOX India has secured fresh orders worth ₹939 crore ($100m), just weeks after reporting its highest-ever quarterly and annual revenue.…
INOX India builds on record year with $100m order haul
By 1 min ago 3 min read Industrial gas company INOX India has secured fresh orders worth ₹939 crore ($100m), just weeks after reporting its highest-ever quarterly and annual revenue.…
AirLife acquires stake in US helium firm CNG
By 40 min ago 2 min read India-based helium and specialty gas supplier AirLife Gases has signed an agreement to acquire a controlling stake in US-based helium gathering, processing, and…
Bahrain and Kuwait Restore Power After Iranian Attacks
Kuwait and Bahrain have started to restore power to residential areas following Iranian strikes on the two Gulf nations in retaliation for U.S. strikes on Iran in the latest conflagration…
Oil and LNG Tankers Make U-Turns After Fresh Hormuz Escalation
The renewed hostilities and attacks on vessels in the Strait of Hormuz again put an abrupt end to the steady flow of oil and gas tankers moving in and out…
Vitol Eyes Venezuela Expansion as Oil Industry Returns
Commodity trading major Vitol is planning to establish a presence in Venezuela amid a surge in interest in the country’s oil wealth from the resources industry, Reuters has reported, citing…
China Lifts Fuel Export Curbs as Refiners Ramp Up Overseas Shipments
China has lifted restrictions on the exports of refined fuels, allowing state-owned refiners to resume shipments overseas this month, as well as one private refiner, Reuters reported today, citing unnamed…
