Latest News
13 Mar 2025
Energy major BP said Thursday it expects direct and indirect emissions from its operations will balloon by a third in 2025...
13 Mar 2025
Nigeria's Dangote refinery will shut its 204,000 bpd gasoline production unit for scheduled maintenance through June, Reuters...
13 Mar 2025
Saudi Aramco has reduced term crude allocations to customers in China for a third month with deliveries to its largest customer set to fall...
13 Mar 2025
Middle distillate cracks in Asia reached their weakest level since last December as Middle Eastern refiners ramped up output coming out of the maintenance...
13 Mar 2025
Middle East crude prices climbed higher Thursday playing catch-up with Brent, while in the products market distillate margins continued to slide...
13 Mar 2025
Libya's Mabruk oilfield has resumed production after being shut down for nearly a decade, the Government of National Unity (GNU) announced...
13 Mar 2025
A fire on a tanker carrying jet fuel involved in a collision in the North Sea has been extinguished, and while the salvage...
13 Mar 2025
India will need about INR 25 billion ($287 million) in investment to reach 5% biodiesel blending by 2030 while developing a feedstock...
13 Mar 2025
Three workers are receiving hospital treatment after an industrial accident at Chevron's Pasadena refinery in Texas...
13 Mar 2025
Azerbaijan produced 4.5 million mt of crude oil and natural gas liquids in the first two months of the year, with output estimated to have...
13 Mar 2025
Turkey's national oil producer TPAO has agreed to form a joint venture with US shale producer Continental Resources to develop tight oil...
12 Mar 2025
The Department of Interior is seeking to pare red tape that has been weighing down project applications...
12 Mar 2025
US crude oil production may not see another major boom, but it could grow another 1.5 million-2 million...
12 Mar 2025
ExxonMobil plans to raise its liquids production globally to 5.4 million boed by the end of this decade...
12 Mar 2025
Benchmark crude oil futures were sharply higher on Wednesday on strengthening global oil demand prospects, while LSGO cracks slid on promising...
12 Mar 2025
French oil demand was seen higher in February, boosted by higher consumption of jet fuel, diesel and another big month for gasoline...
12 Mar 2025
Phillips66 on Wednesday reported flaring associated with maintenance activities at its 165,000 bpd LA refinery...
12 Mar 2025
A feasibility study carried out by EY for the UK government has pegged the potential costs of converting...
12 Mar 2025
The Gas Exporting Country Forum (GECF) expects LNG's role in bunkering to continue growing until at least 2050, albeit at a declining rate — especially from 2040 — due to the uptake of alternative fuels like ammonia...
12 Mar 2025
The Canadian province of Alberta and Japan's JOGMEC have signed an MOU to collaborate in various energy-related fields, including ammonia, hydrogen and CCUS...