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Oil Tanker Explodes Off Libyan Coast

OilPrice

An oil tanker has suffered an explosion off Libya’s coast, without causing any injuries or pollution, the vessel operator said on Monday, adding that the cause of the explosion is not clear yet. The tanker had left the Libyan port of Zuetina and was en route to Gibraltar when an explosion occurred in the engine room.

Oil 261
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Activist investor Engine Capital plans to vote against US$9.1B Parkland-Sunoco deal

Oil & Gas 360º

Engine Capital owns 2.5 In a letter to Parkland’s board of directors, Engine’s leadership argues the Sunoco deal was rushed, the price is too low and that there are likely better options available. (BOE Report) – CALGARY – A major shareholder in fuel refiner and retailer Parkland Corp. heavyweight Sunoco LP.

Engineer 130
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India Eyes New Sites to Boost Strategic Oil Reserves

OilPrice

India, the world’s third-largest crude oil importer, which depends on imports for about 85% of its daily consumption, considers building three new sites to raise its strategic petroleum reserves.

Petroleum 155
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MIT Technology Could Slash Energy Use in Oil Refining by 90%

OilPrice

Engineers at MIT have developed a new approach to crude oil fractionating that could slash the amount of energy needed for processing the crude into different fuels by as much as 90% in a breakthrough that could revolutionize fuel production.

Crude Oil 259
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Corrosion Engineer: Protecting Assets from Corrosion Damage

PetroSync

Everything from the enormous refineries that process crude oil to the vast pipelines that run beneath oceans is built on steel and aluminum. In this high-stakes environment, corrosion engineers are the unsung heroes [.] The post Corrosion Engineer: Protecting Assets from Corrosion Damage appeared first on PetroSync Blog.

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EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

With 25 years of experience in North American oil and gas, Ron has also gained international expertise through work in Asia, Russia, and the Middle East. His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. Ron holds a B.Sc. from 2018-2024.

Energy 130
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AI-powered WindSafe™ platform achieves first-of-its-kind deployment

Oil & Gas 360º

WindSafe was engineered from the ground up using our oil and gas expertise and shaped in close collaboration with wind industry stakeholders. “This collaboration marks a defining moment, not only for Fennex, but for how the offshore wind sector approaches safety in the digital era,” said Nassima Brown, Director at Fennex.

IT 130