Oil futures inched higher on Friday, as news of tighter U.S. sanctions on Iran and Russia had the potential to disrupt global ...

The world's first floating production storage and offloading vessel with a carbon capture and storage facility was delivered ...

Crude held in floating storage stationary for at least seven days rose 4.9% w/w to 84.15m bbl as of March 7, according to Vortexa data cited by Bloomberg. The increase follows a 6.9% rise seen the ...

Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW ...

The country has announced the completion of its first floating oil and gas production and storage unit ... capacity of around 120,000 barrels of crude oil per day. The new unit will use waste ...

The FPSO will remain at the Cascade and Chinook fields, which Murphy operates, in the US Gulf’s Walker Ridge region. BW ...

Crude held in floating storage stationary for at least seven days rose 6.9% w/w to 73.93mbbl as of Feb. 28 according to Vortexa cited by Bloomberg.The increase reversed much of the decline seen the ...

State broadcaster CCTV reported that the 330-metre (1,080ft) floating production storage and offloading ... capacity of up to 120,000 barrels of crude oil a day. It is unique in that it not ...

currently involved in Iran's crude trade to China are already subject to U.S. sanctions. As exports have risen and deliveries to China have dropped, the amount of Iranian oil in floating storage ...