Latest News
25 Jul 2024
Russian deputy prime minister Alexander Novak has denied the country is about to reimpose limits on diesel exports, scotching rumours it...
25 Jul 2024
Shell has signed off on the final investment decision (FID) to install a 100 MW green hydrogen electrolyser at its Shell Energy...
25 Jul 2024
TotalEnergies saw a slight decline in year-one-year second quarter hydrocarbons production, but it said it remains on course for...
25 Jul 2024
Argentina's road fuel consumption slipped to fresh lows in June as fuel consumption in the country continues to rationalise following a series...
25 Jul 2024
A steep build in light end stocks in Singapore lifted refined product inventories about 2% in the week to 24 July, offsetting smaller draws from...
25 Jul 2024
A small coastal tanker has capsized in storm off the coast of the Philippines, causing a significant oil spill...
24 Jul 2024
Crude oil futures were climbing higher after prices finally found some support following a reported drop in US crude inventories...
24 Jul 2024
Crude snapped a run of heavy losses Wednesday as a sharp across-the-barrel US stock draw lifted sentiment...
24 Jul 2024
A global-wide IT outage crimped European air travel last week for the first time this year, according to Eurocontrol's latest network update...
24 Jul 2024
US commercial crude oil inventories retreated for a for a fourth consecutive week, helped by a narrowing in net imports...
24 Jul 2024
S gasoline stocks fell by the most in more than four months last week as the impact of Hurricane Beryl continued to be felt in the US refinery system...
24 Jul 2024
US distillate stocks dropped 2.8 million barrels last week as refinery run rates pulled back from recent highs, with an increase in domestic diesel...
24 Jul 2024
The FOB Singapore gasoline paper curve has steepened to a multi-month high this week as a series of refinery outages throttled...
24 Jul 2024
TotalEnergies and RWE took the final investment decision on a Dutch offshore wind project on Wednesday, with the oil...
24 Jul 2024
OPEC has announced updated plans for Iraq, Kazakhstan and Russia to compensate for overproduction during the first half of the year...
24 Jul 2024
Spain's Repsol reported strong second-quarter results Wednesday as its upstream performance made up for lower refinery margins...
24 Jul 2024
Soaring demand for electricity will maintain record consumption of coal this year and next, underpinned by China and India, the IEA...
24 Jul 2024
Japan's largest oil refiner Eneos restarted its 175,000 bpd crude distillation unit at the Kashima refinery on...
24 Jul 2024
Power has been restored to ExxonMobil's 252,000 bpd Joliet refinery more than a week after storms knocked it offline...
24 Jul 2024
Rising diesel prices in Russia have moved the government to consider reimposing a diesel export ban a day after it said it would...