Italy seeks more gas from Angola, Congo to cut dependence on Russia
Italy is planning to purchase additional gas from Angola and the Congo Republic to reduce its dependence on Russia amid the Ukraine crisis.
Source: offshore-technology.com
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Exxon looking to sell stakes in Bakken shale assets to slash costs
US-based Exxon Mobil is considering the sale of its North Dakota assets in the Bakken shale, Bloomberg News has reported.
Source: offshore-technology.com
Global fluid catalytic cracker capacity to reach 15.8MMbd by 2026
According to GlobalData, global FCC capacity is set to grow over the next years, with Asia and Africa leading additions globally.
Source: offshore-technology.com
Canada looks to boost oil exports to tackle energy crisis
The nation’s energy export infrastructure is reportedly at or near capacity, though talks as to whether this could be increased are underway.
Source: offshore-technology.com
China and India led liquids storage capacity growth from 2016 to 2021
Global liquids storage capacity grew to 1,457,328Mcm in 2021 and is set to grow more by 2026, with China and India leading from 2016 to 2021.
Source: offshore-technology.com