Latest News

25 Jan 2023
Europe's largest banking group BNP Paribas has launched a new phase of its transition away from financing fossil energy...
25 Jan 2023
Brazil's oil products output continued to creep higher through December, hitting its highest level since August as a...
25 Jan 2023
Japan drew down distillate stocks last week as exports hit a four-month high on widening...
25 Jan 2023
The difference in value between jet fuel cargoes loading in Asia and delivering into Northwest Europe...
25 Jan 2023
Asian crude markets Wednesday were slightly lower after Singapore markets reopened following the extended...
25 Jan 2023
At least one refinery and chemical plant reported operational upsets overnight after a tornado...
25 Jan 2023
Thailand’s December crude oil imports were up almost 9% from November at a four-month high of 4.6 million mt...
25 Jan 2023
A large build in fuel oil stocks in the Middle East storage hub of Fujairah last week saw supply rebound from...
25 Jan 2023
Oman's average daily production of crude and condensate averaged 1.06 million bpd for the full year in 2022...
25 Jan 2023
Australia's Woodside Energy on Wednesday posted an 81% increase in year-on-year Q4 revenues, benefiting from strong energy prices and the acquisition of BHP...
25 Jan 2023
Northeast Asia is in the grip of an unusually cold snap, with the mercury plummeting in both Koreas, Japan and China to the lowest levels in...
24 Jan 2023
Crude oil futures pulled back from earlier seven-week highs Tuesday, as a contraction in US business activity for the seventh straight month...
24 Jan 2023
 Crude futures fell Tuesday as focus shifted back to inflationary pressures in an improved...
24 Jan 2023
Banks continue to favour investment in traditional energy sources such as oil and gas at the expense of renewable...
24 Jan 2023
Oil drilling has begun in a Chinese-operated field in Uganda and the East African country is expects to start production by 2025...
24 Jan 2023
The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to enforce sanctions aimed at curbing...
24 Jan 2023
President Joe Biden's administration said it plans to start refilling the US Strategic Petroleum Reserve (SPR) by accelerating the return...
24 Jan 2023
Guyana is in talks with Qatar, the UK, the United Arab Emirates and India on the possibility allocating offshore blocks for oil and gas exploration...
24 Jan 2023
Italy's fuel deliveries slipped a touch in December as seasonal demand factors amid the Christmas and New Year...
24 Jan 2023
Oilfield services and equipment major Baker Hughes enjoyed surging revenues and record orders in the fourth quarter of 2022, flagging strong growth in exploration and production...
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