China delivers world’s first FPSO vessel with carbon capture, storage system
Following 24 months of construction, China on Thursday officially delivered the world's first offshore floating production ...
MT Newswires on MSN1h
Weekly Crude Inventories Gain More Than Expected; Oil Prices Rise
Commercial crude stockpiles in the US jumped more than projected last week even as distillate fuel and propane inventories fell, government data showed Thursday. Inventories of crude, excluding the ...
Hosted on MSN8d
US sanctions on Russian and Iranian oil lead to floating storage surge
Washington has imposed multiple rounds of sanctions on ships and entities dealing with oil from Iran and Russia since October ...
SHINE8h
Environmentally friendly oil production platform named
AGOGO, the world’s first offshore floating oil production and storage platform (FPSO) equipped with an offshore carbon ...
US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...
Al Bawaba News4d
China builds world’s first floating oil unit
China has announced the completion of the world’s first floating oil and gas production and storage unit. The unit utilizes carbon capture an ...
China unveils world’s first oil production ship with carbon capture facilities
The floating production storage and offloading unit carries technology designed to mitigate its environmental impact.
China completes world's first FPSO vessel with carbon capture, storage capabilities
An innovative floating, production, storage, and offloading (FPSO) vessel equipped with a carbon capture and storage ...
U.S. News & World Report8d
US Sanctions Strand Iran, Russia Oil on Tankers, Driving up Crude Costs
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 ...