War News

 

Oil Rises after Houthi Attack on Ship

Dec 12, 2023

Oil rose on Tuesday as an attack by the Iran-aligned Houthis on a chemical tanker escalated geopolitical tension in the Middle East, though concerns over excess supply and slowing demand kept a lid on gains.A cruise missile launched from Houthi-controlled Yemen struck a commercial chemical tanker, causing a fire and damage but no casualties in the latest such attack to heighten safety risks for tankers in vital shipping lanes…

TotalEnergies Cuts Funding for New Projects in Russia

Mar 01, 2022

TotalEnergies condemned what it called Moscow's military aggression in Ukraine but stopped short of following rivals such as Shell and BP, which have said they will exit positions in resource-rich Russia.The French oil major, which holds a 19…

Shell to Pull the Plug on Gazprom Equity Partnerships

Feb 28, 2022

In the latest corporate backlash to Russia's invasion of Ukraine, the Board of Shell plc said it intends to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility…

Current News

Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil

Commodity Report: Meeting Oil

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Egypt Halts Fertilizer Product

Edda Wind Welcomes New CSOV to its Fleet

Edda Wind Welcomes New CSOV to

TotalEnergies’ Unit to Build Battery Storage Site in Japan to Help Balance Grid

TotalEnergies’ Unit to Build B

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine