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The Shanghai Maritime Safety Administration said areas surrounding the Sanchi tanker were still burning.
Read More »Iranian Oil Tanker at Risk of Exploding and Sinking
Libya`s Damaged Pipeline Will Come Back Online In January
It is estimated that the repair will take about one week from today.
Read More »Libya Pipeline Blast Sends Oil Trade to Mid-2015 Levels
The pipeline explosion in Libya is a lot more serious as it may take a long time to restore
Read More »Spokesman Dismisses Bahrain`s Claims against Iran as `Baseless`
An explosion of a pipeline on Friday suspended the supplies of oil from Saudi Arabia to Bahrain.
Read More »Oil Markets Cautious on Middle East Tensions. Increased U.S. Drilling
U.S. oil producers have raised output C-OUT-T-EIA by more than 14 percent since mid-2016 to a record 9.62 million barrels per day.
Read More »Sasol Profit Falls on Strong Rand as Secunda Output Hits Record
Sasol shares climbed as much as 4 percent in Johannesburg trading. the most since March 31. and were 3.9 percent higher at 386.50 rand as of 10:05 a.m. local time.
Read More »Scientists Advocate the Use of Drones in Monitoring Oil and Gas Pipelines
The main risk posed by an oil or gas pipeline is the existence of a spill or a leakage that threatens to cause an environmental disaster.
Read More »Asian markets Pause after Oil Rally
Traders are now awaiting the release this week of minutes from the Federal Reserve'.s latest policy meeting.
Read More »Sasol-Total Refinery Evacuated after Blast. 11 Injured
Sasol confirmed on its website there had been an explosion at about 0545 GMT at the country'.s only inland refinery.
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