Construction is set to start next year on a greenfield private terminal in Itapemirim, Brazil.
Construction is slated to begin in 2020 on a new private terminal to serve Brazil’s offshore exploration and oil rig flanges gulf coast production industry, project developer Itaoca Terminal Maritimo S.A.
Pemex, facing pressure from the government to slow spending, has delayed some payments to contractors for as long as seven months.
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Oil edged higher as optimism the U.S. and China are getting closer to a limited trade deal was tempered by investor fatigue over the long-running negotiations.
Gunvor agreed to double the maximum amount of LNG it plans to buy from a $4 billion gulf coast oil rig export project in Louisiana and said it will recruit additional customers for the terminal.
Oil pared its third weekly advance as investors monitor developments in the U.S.-China trade war that has sapped demand.
(Bloomberg) -- Oil pared its third weekly advance as investors monitor developments in the U.S.
The U.S. Gulf of Mexico is positioned for another year of record oil oil rig flanges gulf coast production in 2020, according to Rystad Energy.
WTI and Brent crude oil capped off a volatile week Friday with very modest day-on-day gains.
West Texas Intermediate (WTI) and Brent crude oil capped off a volatile week Friday with very modest day-on-day gains.
New York City urged a U.S. appeals court to reinstate a lawsuit against five of the world’s biggest oil companies.
(Bloomberg) -- New York City urged a U.S.
India launched its biggest privatization drive in more than a decade.
(Bloomberg) -- India launched its biggest privatization drive in more than a decade, offering majority stakes in three state-owned companies in a bid to raise funds to bridge a widening fiscal gap and boost a slowing economy.