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Offshore Well Start-Up to Blame for Mars Crude Contamination, Chevron Says

Jul 14, 2025

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening crude oil supply in the key Gulf Coast refining hub and the government releasing barrels from its emergency stockpile…

Exxon, Hess Dispute Over Chevron Deal Nears Resolution

Jul 07, 2025

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter.The ruling will determine whether Chevron can move forward with its $53 billion planned acquisition of Hess…

Bonaparte CCS Project Awarded Major Project Status

Jul 02, 2025

The Bonaparte CCS project has been awarded Major Project Status by the Australian Government. It is the first offshore carbon capture and storage (CCS) project to receive the status in Australia.The Bonaparte CCS Assessment Joint Venture is…

Chevron Set to Close Scotland Office as Part of Restructuring

Jul 01, 2025

Chevron will close its Aberdeen, Scotland, office, the U.S. oil producer said on Monday, ending the company's decades-long presence in the city as part of its ongoing restructuring.The closure of the Aberdeen office will take place between December 2025 and December 2026…

Logistics News

Bangladesh Issues Tender to Buy Additional 50,000 Tons of Rice

Bangladesh Issues Tender to Buy Additional 50,000 Tons of Rice

bound4blue Lands $44m From Investors Eyeing Wind Power as a Scalable Solution

bound4blue Lands $44m From Investors Eyeing Wind Power as a Scalable Solution

Lloyd’s Register, Latsco Chart New Digital Course for Ship Classification

Lloyd’s Register, Latsco Chart New Digital Course for Ship Classification

Advanced Polymer Coatings Signs Deal to Coat Two Methanol Tankers with Fratelli Cosulich

Advanced Polymer Coatings Signs Deal to Coat Two Methanol Tankers with Fratelli Cosulich

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Shell announces temporary shutdown of two Gulf of Mexico offshore platform
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CANADA-CRUDE-Discount on Western Canada Select at widest point since March