Brazil to deploy 20 FPSOs between 2019 and 2025
Brazil is to continue to lead the global deployment of planed and announced floating production, storage and offloading vessels (FPSOs) between 2019 and 2025, according to GlobalData. A total of 20 planned and announced FPSOs are expected to be deployed offshore Brazil in that time. The company’s report: ‘Q3 2019 Global FPSO Industry Outlook – […]
Fujairah Weekly Oil Inventory Data Stocks Level as of July 15, 2019
As of Monday, July 15 total oil product stocks in Fujairah stood at 19.067 million barrels falling 290,000 barrels week on week. Overall product stocks fell by 1.5% with a drawdown in heavy distillate stocks and builds in light and middle distillate stocks. Stocks of light distillates rose by 836,000 barrels reflecting a build of […]
Global methane emissions from the oil & gas sectors could be reduced by nearly half at no net cost
An International Energy Agency (IEA) analysis has highlighted that global methane emissions from the oil and gas sectors could be reduced by nearly half at no net cost. The IEA has launched a new online tool that tracks oil and gas-related sources of methane, a major and often overlooked greenhouse gas. The new “methane tracker” offers […]
