On:

DNV has released a new Recommended Practice (DNV-RP-F123) to support the safe design, operation and requalification of offshore pipeline systems transporting hydrogen, providing the industry with technical guidance as hydrogen infrastructure continues to expand. The new guidance addresses hydrogen-specific integrity and safety considerations, supplementing DNV’s existing DNV-ST-F101 submarine pipeline standardContinue Reading

On:

Global oil prices moved higher after attacks on two oil tankers in the Red Sea heightened concerns over potential disruptions to crude oil shipments through one of the world’s most important energy trade routes. Brent crude rose as much as 2.6%, trading near US$96 per barrel, while West Texas IntermediateContinue Reading

On:

Africa’s downstream oil and gas sector is undergoing significant transformation as countries invest in new refining capacity, modernise existing facilities and expand fuel production infrastructure. These developments have the potential to reshape regional fuel markets, strengthen energy security and reduce reliance on imported refined petroleum products. Nigeria leads refinery expansionContinue Reading

On:

Recent declines in oil prices have prompted renewed concerns about a potential global supply surplus, but analysts caution that the market may be underestimating the impact of continued geopolitical uncertainty and supply disruptions in the Middle East. Oil prices have eased as traders responded to reports that tanker traffic throughContinue Reading

On:

Eni North Africa and Libya’s National Oil Corporation (NOC) have announced a new natural gas discovery offshore western Libya following the successful drilling and testing of the J1-4/16 exploration well. The well, located approximately 95 kilometres offshore, reached a total depth of 10,458 feet and encountered commercial gas in theContinue Reading