Azerbaijan’s state oil and gas company, SOCAR, has agreed to acquire assets from Comstock for $1.65 billion, which includes a 20% stake in legacy Haynesville assets and a 15% stake in both Western ...

Wood Mackenzie warns that approximately 20% of global refining capacity faces increasing closure risk as refined-product demand is forecast to peak at 108 million barrels per day in 2032, up from 105 ...

TA’ZIZ secured US$1.4 billion (AED 5.1 billion) in financing for its chemicals export terminal and ammonia plant in Ruwais, Abu Dhabi. The terminal received over US$928 million, while the 1 million ...

Zeeco and Tobe Energy have broken ground on a new demonstration facility at Zeeco’s Advanced Research Complex (ARC) in Broken Arrow, Oklahoma, marking the next stage of their partnership to advance ...

The ARA barge freight market showed its first real softening in weeks. After a long run of rising rates, both product segments eased on Tuesday. The rest of the week brought only small, selective ...

Aliko Dangote launched a US$2.5 billion fuel storage and pipeline project in Walvis Bay, Namibia, attended by President Netumbo Nandi-Ndaitwah. The tank farm will have 600 million litres ...

Adani Ports and Special Economic Zone has extended a binding offer to Evos for around €3 billion, submitted in a sale run by Morgan Stanley for Evos’ owner, Igneo Infrastructure Partners. Evos ...

Energy Transfer has approved a final investment decision for the $1.6 billion South Mississippi Pipeline Project, set to construct a 215-mile pipeline capable of transporting 1.2 billion cubic feet of ...

Canada’s Suncor Energy reported third-quarter 2026 net earnings of C$3.81 billion, up from C$1.62 billion a year earlier, supported by stronger crude prices, refining margins and export sales.

Rystad Energy reports that oil flows through the Strait of Hormuz are unlikely to return to pre-war levels, with current averages around 12 million barrels per day, compared to approximately 18 ...

INEOS Inovyn has completed its acquisition of the remaining 50% stake in Runcorn MCP Ltd, along with the associated EDC production assets and employees, from Vynova Runcorn Ltd, following Vynova’s ...

November 02, 2026 [Tank Storage Magazine]- JSW Infrastructure has commissioned eight tanks for its liquid bulk terminal at Fujairah, UAE, with plans to begin operation the first week of November 2026.