Latest News

28 Apr 2022
Rocketing prices for jet fuel and the security of supply issues created by Russia's invasion of Ukraine are driving the...
28 Apr 2022
Auto manufacturing giant Volkswagen and energy major BP have tied up a new deal to "rapidly" roll out electric vehicle (EV)...
28 Apr 2022
All of TotalEnergies’ crude oil refineries in Europe will run flat out in the second quarter of this...
28 Apr 2022
Swedish energy company Uniper will work with Sasol to produce sustainable aviation fuel covering 10% of the country's jet fuel...
28 Apr 2022
Middle East crude prices were slightly higher Thursday, while diesel cracks continued to rally amid soaring demand...
28 Apr 2022
Diesel and gasoline sales at sampled service stations across the UK hit a new 2022 low at the end...
28 Apr 2022
A 4-million-barrel residual fuel draw in the Asian bunkering hub of Singapore this week dragged fuel oil stocks...
28 Apr 2022
Sembcorp Marine (Sembmarine) and Keppel Offshore & Marine (O&M) are merging to form one of the world’s largest offshore energy players...
28 Apr 2022
Energy major ExxonMobil has declared force majeure on its operations at the Sakhalin-1 project, with the firm no longer in a position to...
28 Apr 2022
German utility giant Uniper will transfer payments for Russian gas to a Russian bank and no longer to a Europe-based bank...
27 Apr 2022
Crude oil futures eased from earlier highs Wednesday amid a stronger dollar, but were up on the day as focus pivoted to Russian energy supplies...
27 Apr 2022
Diesel refining margins in Europe have hit the second-highest level on record on Wednesday on fears of...
27 Apr 2022
European product cracks rallied by the Wednesday close as the EU came closer to agreeing on...
27 Apr 2022
Oil major Shell has tightened its definition of what constitutes Russian-origin oil products....
27 Apr 2022
ADNOC plans to produce 1.5 million bpd of crude for export from its giant Murban oil field by the start of 2023
27 Apr 2022
Thailand’s monthly crude oil imports soared to all-time highs in March despite prices hitting 7-year highs...
27 Apr 2022
US product deliveries – a proxy for demand – rose for a second straight week to hit a one-month...
27 Apr 2022
Russia's oil production could fall as much as 17% this year in the aftermath of sanctions, to levels last since nearly 20 years ago...
27 Apr 2022
Chinese state-owned refiner Sinopec produced a record volume of diesel and gasoline during the first three...
27 Apr 2022
The price of fuel oil widely used as a substitute for liquefied natural gas in Asia are close...
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