An ongoing trade war between China and the US may lead to China targeting the Shale fields in the US. Apart from sensitive farm items, Beijing is targeting petrochemicals and liquefied propane indicating that it might use energy as a weapon to retaliate against planned American duties on high-tech goods. Source: BloombergContinue Reading

Sabah Shell Petroleum has won the TechnipFMC, an EPCI contract for Gumusut-Kakap Phase2 project in offshore Sabah, Malaysia. In this regard, it will supply and install subsea equipment including umbilicals, flowlines and subsea production system.  Source: Offshore MagazineContinue Reading

There has been a cyber-attack on Latitude Technologies, which supplied electronic data interchange services to several large energy providers in the US. Following this, several major US natural gas pipeline was shut off, out of which at least 5 confirmed a service disruption caused due to hacking. However, the companies didn’t alert the US Transportation...Continue Reading

The Canadian energy sector is predicted to face extinction unless certain mergers and acquisition takes place. There is some opportunity for the same north of the Canadian border. The choice is now to merge and innovate or to face extinction. The mix of potential M&A candidates varies, with natural consolidators among the oil-weighted producers “self-explanatory,”...Continue Reading

A worker died on the North Sea Platform of Repsol Sinopec’s Tartan Alpha platform. The incident is believed to be non-work related and the cause of death is being termed as natural. The police have informed the family. All production from the platform has been stopped. Source: Oil Industry News  Continue Reading

An oil leak and a subsequent fire killed at least 4 people in Balikpapan, an Indonesian oil town in the East Kalimantan province. A state of emergency was declared post the leak. The oil leak has stretched over 7 square miles and has contaminated the sea and the air. The port city, which has a...Continue Reading