The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

AGOGO, the world’s first offshore floating oil production and storage platform (FPSO) equipped with an offshore carbon ...

China said it had completed the world's first floating production, storage, and offloading vessel with a carbon capture ...

The Singapore trading arm of U.S.-based refiner Phillips 66 has recently leased a new floating storage vessel along the Singapore and Malacca Straits for storing fuel oil, market sources told Reuters.

Phillips 66 (PSX), the Houston-based oil giant, has expanded its fuel oil storage capabilities in the Singapore and Malacca Straits by leasing the Southern Emperor, a floating storage vessel with a ...

ALBAWABA – China has announced the completion of the world’s first floating oil and gas production and storage unit. The unit utilizes carbon capture and storage (CCS) technology and is ...

A huge and growing amount of Russian and Iranian oil is stuck on tankers worldwide as Western sanctions continue to impede ...

The floating production storage and offloading unit carries technology designed to mitigate its environmental impact.

Following 24 months of construction, China on Thursday officially delivered the world's first offshore floating production ...

So far, Phillips 66 has been partially renting the EM Splendour for fuel oil storage, the report added. The Singapore and Malacca Straits are a key location for fuel oil storage in Asia. Singapore is ...

Counter was at $2.48 at the midday trading break, after a hefty 50 million shares had changed hands. Read more at ...