Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from ...

Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (“FPSO ...

City-based agro company Halder Venture Limited (HVL) has acquired a closed edible oil refinery unit of KS Oil Ltd in Haldia for Rs 58 crore, officials said. KS Oil had been under liquidation due to ...

Nigeria's Dangote oil refinery issued a tender on Tuesday to sell 128,000 metric tons of residual fuel oil in April, ...

The acquisition of FPSOs provides additional advantages to the oil and gas operators, and that has prompted ExxonMobil XOM to acquire a FPSO vessel, Prosperity, from SBM Offshore in 2024 for $1.23 ...