Shipping giant Maersk pauses operations through Red Sea again after Houthi attack
Danish shipping giant Maersk is once again suspending operations in the Red Sea following an attack on one of its ships by Iranian-backed Houthi rebels on Sunday. Maersk said on Tuesday. recommendation It announced it would suspend Red Sea navigation until further notice and continue to direct ships to Africa and the Cape of Good […]
ExxonMobil hands over operations at West Qurna 1 oilfield to PetroChina
US energy giant ExxonMobil has officially withdrawn from the West Qurna 1 oil field in southern Iraq and handed over operations to PetroChina as lead contractor, the deputy oil minister told Reuters on Monday. Iraqi oil officials met with executives from ExxonMobil, PetroChina and Basra Oil Company on Monday at the West Qurna 1 oil […]