Oil Traders Empty Key Crude Storage Hub
09.21.2017 - NEWS

September 21, 2017 [The Business Times] - Oil traders are emptying one of the world’s largest crude storage facilities, located near the southernmost tip of Africa, as the physical market tightens amid booming demand and OPEC production cuts.


Europe’s LNG Imports Hit Seasonal High
03.31.2025 - NEWS
March 31, 2025 [Oil Price]- Europe is taking advantage of weak Asian demand for liquefied natural... Read More
Chinese Oil Major Discovers New Field
03.31.2025 - NEWS
March 31, 2025 [Oil Price]- China’s state energy company CNOOC said today it had discovered a n... Read More
Baker Hughes Expands Margham Gas Storage Project Involvement
03.31.2025 - NEWS
March 31, 2025 [Rigzone]- Baker Hughes Co. has secured a multi-year contract with Dubai Petroleum... Read More
Uganda Signs Deal with UAE Investment Firm Over Oil Refinery
03.31.2025 - NEWS
March 31, 2025 [Reuters]- Uganda on Saturday signed an oil refinery agreement with UAE-based Alph... Read More