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    Category: Oil and Gas News

    News from oil and gas industry

    Fires burn through Shanghai chemical plant

    Fires burn through Shanghai chemical plant

    Fires at a large chemical plant in the Chinese city of Shanghai have killed at least one person. They broke out around 04:00 on Saturday…

    ndtblog 19/06/2022
    0 Comments
    EU strikes deal to buy gas from US

    EU strikes deal to buy gas from US

    The move aims to reduce Europe’s dependence on Russian energy The European Union has reached an agreement to buy at least 15 billion cubic meters…

    Inspection Connection 27/03/2022
    All four oilfield services majors suspend new investments in Russia

    All four oilfield services majors suspend new investments in Russia

    Weatherford International, Halliburton, Schlumberger, and Baker Hughes are under threat of Western sanctions Global oilfield servicing giants have revealed plans to halt new investments in…

    ndtblog 23/03/2022
    Kazakhstan’s Tengiz oil field operator says logistics problem impacting output amid political crisis

    CPC warns of the risk of a threefold reduction in oil supplies due to an accident

    (Russian Federation, Kazakhstan) The Caspian Pipeline Consortium (CPC), whose largest shareholders are Transneft (24%) and KazMunayGas (19%), has suspended the operation of two of the…

    ndtblog 23/03/2022
    Explosion at a factory in South Korea, killing 4 people

    Explosion at a factory in South Korea, killing 4 people

    The explosion at the plant of the South Korean petrochemical company Yeochun NCC (YNCC) in the city of Yeosu killed four people and injured four,…

    ndtblog 11/02/2022
    0 Comments

    Brent crude tops $87 a barrel for the first time in seven years

    The price of Brent oil reached its highest level since October 2014, Bloomberg notes. The agency attributed the rise in prices to increased geopolitical tensions…

    Inspection Connection 18/01/2022
    Oil prices crossed $ 84

    Oil prices crossed $ 84

    Oil prices rose above $ 84 on international markets on Wednesday, driven by producer problems with increased supplies and estimates that the spread of omicron…

    Inspection Connection 13/01/2022
    Crude rally continues amid Kazakhstan turmoil

    Crude rally continues amid Kazakhstan turmoil

    Escalating tensions in the former Soviet state, together with Libyan outages, send futures surging Global prices for crude oil saw a sharp increase on Thursday,…

    Inspection Connection 07/01/2022
    Kazakhstan’s Tengiz oil field operator says logistics problem impacting output amid political crisis

    Kazakhstan’s Tengiz oil field operator says logistics problem impacting output amid political crisis

    Tengiz oil field operator says The operator of Kazakhstan’s highest-producing oil field, Tengiz, said Jan. 6 that a logistics issue had caused it to adjust…

    Inspection Connection 07/01/2022
    0 Comments
    EU proposes green label for nuclear & gas

    EU proposes green label for nuclear & gas

    European Commission paves way for investments amid the widespread energy crisis in the region Brussels has drawn up plans to label some natural gas and…

    Inspection Connection 04/01/2022
    0 Comments
    Oil records biggest annual gains in 12 years

    Oil records biggest annual gains in 12 years

    The Oil growth was spurred by the post-Covid recovery of the global economy Oil posted its biggest annual rise since 2009 as the rapid Covid-19…

    Inspection Connection 02/01/2022
    Major North American oil producer to end crude exports

    Major North American oil producer to end crude exports

    Mexico seeks to become energy independent Mexico will suspend crude oil exports in two years in a bid to focus on domestic self-sufficiency, various media…

    Inspection Connection 31/12/2021
    Global oil & gas discoveries to hit 75-year low in 2021

    Global oil & gas discoveries to hit 75-year low in 2021

    The Global discovery of oil and gas across the world is on track to hit its lowest full-year level in 75 years, should the remainder…

    Inspection Connection 29/12/2021
    Change Of Leader In Oil Refinery; Change Of Leader In Oil Refinery Bloomberg announced the first ever change of the leader in oil refining

    Bloomberg announced the first ever change of the leader in oil refining

    China is increasing its oil refining capacity and may replace the United States as the leader in this market next year. Bloomberg writes about this…

    bkmrx45tvl 23/11/2020
    0 Comments
    Repairs underway at Gorgon as ‘thousands’ of cracks found in critical equipment

    Repairs underway at Gorgon as ‘thousands’ of cracks found in critical equipment

    https://www.thechemicalengineer.com/news/repairs-underway-at-gorgon-as-thousands-of-cracks-found-in-critical-equipment/

    bkmrx45tvl 15/10/2020
    0 Comments
    Gorgon Project NDT technician work

    ‘Workers fear for their safety’: Calls for Gorgon shutdown after cracks found in critical plant components

    https://www.smh.com.au/business/companies/workers-fear-for-their-safety-calls-for-gorgon-shutdown-after-cracks-found-in-critical-plant-components-20200722-p55eel.html

    bkmrx45tvl 15/10/2020
    0 Comments
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