U.S. infrastructure firm New Fortress signs LNG supply deal for Sri Lankan gas-fired power plant
U.S. infrastructure firm New Fortress Energy will invest in a gas-fired power plant and proposed liquefied natural gas (LNG) supplyContinue Reading
Category: Oil & Gas
Protests spread across once-quiet Oman as economy flounders
DUBAI, United Arab Emirates (AP) — Protests over mass layoffs and Oman’s poor economy spread Tuesday to cities across theContinue Reading
CyberAttack | Russian criminal group suspected in US Colonial pipeline ransomware attack
WASHINGTON — A Russian criminal group may be responsible for a ransomware attack that shut down a major U.S. fuelContinue Reading
#SriLanka Govt. seeks deals with oil producing Islamic countries & Russia to secure long-term payment facilities as Rupee plunges
The rapid depreciation of the rupee and an anticipated ballooning of the Sri Lanka’s oil import bill, have forced SriContinue Reading
Video: Indonesia’s Balongan refinery rocked by massive blast
A massive explosion and fire erupted at Indonesian state oil company Pertamina’s Balongan refinery in Indramayu regency in West JavaContinue Reading
One dead as firefighters battle blaze aboard oil tanker off Sri Lanka, Navy says no risk of leak
Firefighting crews from Sri Lanka and India are working to put out a large blaze aboard an oil tanker thatContinue Reading
Sri Lanka tows supertanker away from coast after fire
Sri Lanka Navy began towing a fully loaded supertanker that had caught fire off its east coast after it beganContinue Reading
Historic day for oil markets as WTI crude crashes below zero for first time, settles at negative $37.63
Oil futures collapsed to below zero for the first time ever as the deepening economic turmoil caused by the coronavirusContinue Reading
OPEC and allies finalize record oil production cut after days of discussion
KEY POINTS OPEC and its oil producing allies on Sunday finalized a historic agreement to cut production by 9.7 millionContinue Reading
Saudi state TV: OPEC deal includes 10M barrel a day cut
DUBAI, United Arab Emirates (AP) — A proposed reduction in oil production by OPEC and other oil-producing countries involves aContinue Reading
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