Latest News
1 Apr 2025
Goldman Sachs views risks to oil prices skewed to the upside in the short-term due to US sanctions, alongside solid...
1 Apr 2025
The Caspian Pipeline Consortium (CPC) has suspended operations at two of its three offshore mooring points at Novorossiysk following...
1 Apr 2025
Tokyo Gas will acquire a 70% stake in Chevron's East Texas shale gas assets for $525 million, strengthening its upstream position...
1 Apr 2025
Middle East benchmark Dubai registered the lowest post-Covid average in March, coinciding with the first planned hike in OPEC+...
1 Apr 2025
Shell has sold its Singapore refining and petrochemical assets to CAPGC, a joint venture between Glencore's Asia arm and Chandra Asri Capital, as the UK-listed...
1 Apr 2025
A sale of a lease in the Gulf of Mexico (GOM) by the Bureau of Ocean Energy Management (BOEM) in 2023...
31 Mar 2025
US crude oil production in January this year fell to the lowest volume since February 2024 after severe...
31 Mar 2025
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
31 Mar 2025
Benchmark crude oil futures opened the week sharply higher as Russian oil faced further Western pressure, while improving...
31 Mar 2025
Enbridge shut its Line 5 pipeline Sunday afternoon after severe weather tripped power supply across northern Michigan, according to a spokesman Ryan Duffy.
31 Mar 2025
Vitol-backed Varo Energy has announced a deal to buy Sweden's Preem, in a deal that will make it the region's top refiner...
31 Mar 2025
TotalEnergies on Monday was restarting a unit at its 240,000 bpd Gonfreville refinery in Northern France...
31 Mar 2025
A consortium led by infrastructure group BlackRock to buy more than four dozen ports, including...
31 Mar 2025
PetroChina's refining and fuel sales profits fell sharply in 2024 as the country's accelerating shift toward electric vehicles and LNG...
31 Mar 2025
Panama will begin blending 10% ethanol into gasoline from Q4 2026, the country's president confirmed last week...
31 Mar 2025
The US has moved to revoke authorisations for foreign companies working with Venezuela's state oil firm PDVSA, escalating its push to...
31 Mar 2025
Equinor's Johan Castberg oilfield in the Barents Sea has started production, the Norwegian energy company announced on Monday, following...
31 Mar 2025
Crude futures were trading near one-month highs Monday as the market weighed threats from US President Donald Trump to impose...
31 Mar 2025
BP has made a Final Investment Decision (FID) for a gas project and made headway into another discovery...
31 Mar 2025
Throughput on the Shell-operated Mars Oil Pipeline Company's offshore system in the Gulf of Mexico...