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US Pump Prices Court Three-Year Low as Holiday Travel Roars Back

Wedoany.com Report-Nov 18, National average gasoline prices are set to fall below the nostalgic $3 a gallon benchmark just in time for Thanksgiving, when holiday travel is expected to climb back to p...

2024-11-18

Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions

Wedoany.com Report-Nov 18, The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemical company th...

2024-11-18

Tepid European Quarterly Earnings Imperil 2025 Recovery Hopes

Wedoany.com Report-Nov 18, Revenue at European companies failed to recover in the third quarter, triggering cuts to earnings expectations into next year. Companies in the 414-member MSCI Europe Index ...

2024-11-18

Oil And Gas Contract Value Decrease In Q3 2024

Wedoany.com Report-Nov 18, Global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value, dropping from $55.3bn in the second quarter (Q2) of 2024 to $35.7bn in Q...

2024-11-18

Samsung E&A Wins Us$215 Million Qatar RLP Ethylene Storage Plant, With CTCI Corp. Entrusted With EPC Contract

Wedoany.com Report-Nov 18, Samsung E&A, a total solutions provider for the global energy industry, has announced that it has signed a contract with Ras Laffan Petrochemicals (RLP) of Qatar for the Qa...

2024-11-18

Blue Biofuels And GMP To Engineer And Design Cellulosic Ethanol Production Facility

Wedoany.com Report-Nov 18,Blue Biofuels, a pioneer in the renewable energy sector, has officially contracted with the engineering firm, Global Management Partners (GMP), to produce front-end loading (...

2024-11-18

Asia Naphtha Supply Expected To Remain Tight Over Next Two Years

Wedoany.com Report-Nov 18,Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises, indu...

2024-11-18

Spain's Moeve Swings To Quarterly Loss On Weak Refining Margins

Wedoany.com Report-Nov 18, Spains second-largest oil company, Moeve, formerly known as Cepsa, posted a third-quarter loss after a sharp decline in refining margins hit its energy business. Like its la...

2024-11-18

CTCI Awarded $417-mm Epc Contract To Build Ethylene Storage In Qatar

Wedoany.com Report-Nov 18, CTCI Corporation announced that it has won an EPC contract with Ras Laffan Petrochemicals (RLP) for the Qatar RLP Ethylene Storage EPC project.This project includes the cons...

2024-11-18

USA EIA Lowers 2025 Oil Price Forecast

Wedoany.com Report-Nov 16, The U.S. Energy Information Administration (EIA) lowered its Brent spot average price forecast for next year in its latest short term energy outlook (STEO), which was releas...

2024-11-16