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Scrubber installations in oceangoing vessels can expect to breakeven in about five years, although the use of open loop systems is...

The US EIA expects US crude oil production to grow steadily for the balance of 2024 and into 2025, although has slightly trimmed...

Toronto-based lobby group Carbon Removal Canada (CRC) is seeking views for its upcoming proposal on how an effective government ...

A slide in gasoil margins in Asia appears to have stabilised in recent sessions even as fresh Chinese export quotas have been issued, with...

The Norwegian Ministry of Energy offered 37 new bocks in the Barents Sea and the Norwegian Sea Thursday...

East of Suez crude prices resumed their downward trend as the global oil slump continued Wednesday, while in the product market...

Global LNG balances are set to tighten for the balance of Q2 as result of supply disruptions in the US and Australia, according to a client note from Goldman Sachs...

Canada's Suncor Energy reported record first quarter production at both its upstream and downstream businesses Wednesday...

Residual fuel stocks in Fujairah continued to fall last week as seasonal demand for power generating picks up ahead of sweltering...

Spanish refiner Cepsa has agreed to sell its oil business in Peru to Canadian firm PetroTal as part of a strategic shift to low-carbon...

US crude oil inventories posted an unexpected build for the week ending 3 May, while gasoline and distillate stockpiles were also up on the week...

The US is set to resume its Strategic Petroleum Reserve (SPR) buyback program after issuing a tender for October-delivery crude...

UK-listed energy major Shell has agreed to sell its refining and petrochemical complex in Singapore to CAPGC, a joint venture between...

Crude oil futures Tuesday were little changed, with investors waiting for further news on events surrounding the Gaza conflict...

Quantum Commodity Intelligence – Brent crude futures continued last week's sell-off Tuesday but lacked much direction with attention focused...

Shell confirmed Tuesday it has decided to sell its downstream South African assets...

Saudi Aramco remains upbeat on 2024 the oil demand outlook, following a solid year-on-year increase...

Refining margins for residual fuel in Asia continued their upward run at the start of the week, with HSFO cracks hitting fresh...

US natural gas markets have finally shown some positive momentum, with front-month futures rebounding to around three-month highs...

The battle between ExxonMobil and Chevron to take over the prized assets in Guyana currently held by Hess is likely to run into 2025...