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This post was originally published on this site The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.

This post was originally published on this site Seven Magellan Midstream Partners employees were injured, four critically, when a storage tank at a Magellan plant in Corpus Christi exploded after catching fire Saturday morning, according to deputy Fire Chief Richie Quintero.

This post was originally published on this site A rocket attack in northern Iraq hit a fuel storage tank at the Siniya refinery in Salahuddin province, causing a large fire to break out and briefly halting operations, the country's Oil Ministry said.

This post was originally published on this site Natixis expects oil-rich Gulf states to accelerate privatizations, including by extracting revenue from oil assets, with Saudi Arabia and possibly Oman as likely candidates for similar deals next year, the French bank’s regional head said.

This post was originally published on this site Sinopec Corp pledged to maximize domestic gas productions and raise imports of LNG to record rates as a cold spell hitting large parts of the country this week lifts demand for the winter heating fuel.

This post was originally published on this site Buckeye Partners said crude oil export operations began at the second deepwater dock at South Texas Gateway (STG), a new facility constructed at the mouth of the Corpus Christi Ship Channel in Ingleside, Texas.

This post was originally published on this site Enterprise Products Partners and Navigator Holdings began service has begun on a 30,000-ton refrigerated ethylene storage tank at the ethylene export terminal, which is owned 50/50 by affiliates of the two companies.

This post was originally published on this site The United States said on Tuesday it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain to cool prices after OPEC+ producers repeatedly ignored calls for more crude.

This post was originally published on this site Construction got underway on the 12-mile Central Corridor replacement pipeline designed to run though Hamilton County, Ohio, which is in the southeast corner of the state and contains the city of Cincinnati.