Latest News

12 Nov 2024
Operations have restarted at the Indian Oil Corporation Limited (IOCL) refinery in Vadodara after a deadly fire at a storage tank on Monday...
12 Nov 2024
Kuwait has reduced the Official Selling Price (OSPs) for its main export grade loading in December...
12 Nov 2024
Japan's minority government will extend costly consumer support measures aimed at capping gasoline prices into 2025 as it looks to...
12 Nov 2024
Operators in the Gulf of Mexico have stepped up the process of restoring oil and gas production following last week's precautionary shutdowns...
12 Nov 2024
The naphtha reformer at Venezuela's 310,000 bpd Cardon refinery has been shut down for maintenance after breaking down last...
11 Nov 2024
Crude oil futures Monday were sharply lower as benchmarks extended losses following Friday's sharp selloff...
11 Nov 2024
Benchmark crude oil futures declined Monday, extending the losses made late last week to sink prices beneath the $72/b handle for the first time...
11 Nov 2024
The Japanese government has announced a target to blend 10% ethanol in gasoline by 2030, rising to 20% in 2040...
11 Nov 2024
US natural gas prices opened the week sharply higher, as temperatures took a sharp downturn after a mild first decade...
11 Nov 2024
The Texas state agency that regulates oil and gas activity issued nearly 650 original drilling permits in October...
11 Nov 2024
ADNOC Gas delivered robust earnings over the third quarter as rising prices and accelerating global demand bolstered margins...
11 Nov 2024
The US DOE has awarded tenders for the purchase of 2.4 million barrels of US-origin crude for delivery into its SPR...
11 Nov 2024
California regulators voted 12-2 last Friday to implement significant updates to the state's Low Carbon Fuel Standard (LCFS) in an...
11 Nov 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...
11 Nov 2024
Operators in the Gulf of Mexico increased precautionary shutdowns as Hurricane Rafael moved into the Gulf at the tail end of last week...
11 Nov 2024
Diesel car imports into South Korea Plummeted in October as market share continued to fall amid rapid electrification in one of the world's...
11 Nov 2024
otalEnergies said Monday it was restarting units at its 240,000 bpd Gonfreville refinery in Northern France after carrying out maintenance...
11 Nov 2024
Qatar Energy announced Monday it has agreed to buy a 23% interest in Chevron's North El-Dabaa exploration block...
11 Nov 2024
Oil refiners in China have increased their intended gasoline exports this month to 950,000 mt from a previous estimate of 800,000 mt, a survey...
11 Nov 2024
North American drilling activity was unchanged for a third week as both the oil and gas count flatlined...
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