Japan's Refinery Utilization Hits 73% as Strategic Oil Stocks Flow In
Japan's refinery utilization rates have increased to 73% in May, recovering from a crude supply crunch experienced in March and April. This rebound is attributed to releases from strategic petroleum r
Oil prices dip ahead of Trump-Xi talks amid Iran tensions
Oil prices decreased on May 13th due to two primary factors: uncertainty surrounding the ceasefire in the Middle East, particularly concerning Iran, and anticip
Offshore Technology·May 13
Iran Conflict Fundamentally Altered Global Energy Landscape
The conflict in Iran has fundamentally changed the global energy landscape, according to J.P. Hanson of Houlihan Lokey. This suggests significant disruptions to
Rigzone·May 13
Venture Global to supply 1mtpa of LNG to TotalEnergies and Vitol
Venture Global has entered into binding agreements to supply TotalEnergies and Vitol with a combined total of 1 mtpa of LNG. This deal signifies continued deman
BP has entered into a production sharing contract for six exploration blocks in the North Ustyurt region of Uzbekistan. This marks BP's first venture into the C
Rigzone·May 13
May 13
Europe’s Gas Industry Seeks Relief From Storage Mandates
OilPrice
May 13
TotalEnergies and partners sign MoU for Syrian offshore exploration