Latest News

28 Apr 2025
Deliveries of jet fuel and gasoline in the UK reach fresh highs in February, according to official data, helping offset slower diesel demand...
28 Apr 2025
Angola has approached the International Monetary Fund (IMF) to sound out the possibility of a loan to tide it over, with the move coming as oil...
28 Apr 2025
Nigeria's Dangote refinery has dismissed reports that its 200,000 bpd gasoline-producing RFCC unit was offline, saying it was still loading...
28 Apr 2025
Kuwait's state-owned Petrochemical Industries Company has agreed to take a minority stake in China's Wanhua Chemical Group, marking a major...
28 Apr 2025
Iran's oil export hub of Bandar Abbas was rocked by a huge chemical explosion over the weekend, killing over two dozen and injuring hundreds...
28 Apr 2025
Speculative investors rushed to cover short positions in crude oil futures last week amid signs of an easing trade tension between the US and...
25 Apr 2025
Phillips 66 completed upgrades at two of its US refineries in the last quarter, giving it flexibility for crude...
25 Apr 2025
Crude oil ticked higher for the second straight day on Friday to end the week
25 Apr 2025
Crude oil futures were initially in retreat Friday and heading for a weekly decline but showed a late-day rally despite tariffs and OPEC+...
25 Apr 2025
US oil and gas rotary drilling activity rose for a second week, as rig counts in the Permian Basin held...
25 Apr 2025
Trillium Energy Solutions has acquired US Energy's compressed natural gas (CNG) dispensing network...
25 Apr 2025
The Department of Interior (DOI) has unveiled plans to shrivel up the permitting process for energy...
25 Apr 2025
European natural gas futures extended the week's steady decline Friday amid slowing demand, higher inventories and cheaper LNG imports...
25 Apr 2025
Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...
25 Apr 2025
Middle distillate margins were up through the week as falling stocks in the US and Asia offered support to the diesel market during...
25 Apr 2025
Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...
25 Apr 2025
The price gap between 0.5% sulphur marine fuel oil and HSFO 380 in Singapore rebounded this week after falling below $50/mt...
25 Apr 2025
Middle East crude prices ended the week slightly lower as the upwards lift from a thaw in the tariff war was derailed by the discord within OPEC+...
25 Apr 2025
Guyana's oil production eased to 627,000 bpd in March, down 3% from February, according to energy ministry data...
25 Apr 2025
Middle East crude prices were lower for a second session amid uncertainty on OPEC+ output, a move that leant support to margins at the...
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