10 Sep 2018

Libya violence: Gunmen storm oil corporation building

“An armed group has stormed the Tripoli headquarters of the National Oil Corporation (NOC) in Libya. Security forces clashed with the armed men at the landmark building in the centre of the city, and blasts and gunfire could be heard, witnesses say. Last week, the UN announced that a truce

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21 Aug 2018

China shifts to Iranian tankers ahead of oil import ban

China, the largest importer of Iranian oil, has stated that it will not comply with U.S. demands to reduce its imports from the country ahead of the November deadline. The U.S. move has prompted other important like India, Japan, and South Korea to negotiate with Washington and make concessions, but

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06 Jul 2018

U.S. Vow To Protect Persian Gulf Trade Routes From Iran

The U.S. has restated its commitment to maintaining open waterways in the Persian Gulf, following an implicit Iranian threat to block the route if the U.S. continues in its efforts to prevent its allies from importing Iranian oil. The waterway is an important channel of free navigation, and is used

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21 Jun 2018

East Libyan forces retake key oil ports, prepare to resume production

The forces of East Libya announced the recapture of oil points Es Sider and Ras Lanuf after their occupation and closure by opposing rebel groups last Thursday. The closure reduced production by 450,000 barrels per day in a conflict that has continued to impact the global cost of oil as

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06 Jun 2018

Drones in the oil and gas industry

Dangerous work environments and materials have contributed to high rates of workplace fatalities in the oil and gas industry, with the industry fatality rate in the US is 7 times greater than average. These are but one of the many problems that drones are increasingly being developed and used to

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23 Apr 2010

Bomb Damages Iraqi Oil Pipeline

“A bomb attack on a major oil pipeline in northern Iraq has disrupted Iraqi crude oil exports sent through Turkey. Civil defense workers are trying to put out a fire caused by the attack at al-Hadhar south of Mosul Thursday morning. The bomb blew a hole in the pipeline. Iraqi

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