Latest News

30 Apr 2024
The President and CEO of Neste, Matti Lehmus, announced late Monday he would step down in mutual agreement...
30 Apr 2024
Middle East Dubai benchmark closed slightly lower on the day but still posted gains of over $2/b on the month, a move that helped to lift gasoil...
30 Apr 2024
Trade in Canadian heavy crude oil from the Pacific coast is continuing at a steady pace with India's Reliance the latest refiner to secure crude...
30 Apr 2024
Japan's domestic fuel demand in March dropped to the lowest level since October last year despite...
30 Apr 2024
Brazil's Petrobras reported a dip in first quarter output Tuesday as both its prolific pre-salt assets...
30 Apr 2024
Iraq's crude oil exports pulled back slightly in March, with monthly figures from the Oil Ministry released Monday calling exports at 3.42...
30 Apr 2024
Venture Global LNG is likely to start operations at its Plaquemines LNG facility in the coming months, according to a filing to the US...
30 Apr 2024
The world's biggest oil refining country has lowered the price ceiling for domestic gasoline and...
29 Apr 2024
Crude oil futures opened the week lower amid reports of fresh attempts to broker a cease fire between Israel and Hamas...
29 Apr 2024
Crude and refined product prices eased Monday as Middle East peace talks were balanced against OPEC+ cuts...
29 Apr 2024
Petroineos has restarted an unspecified unit at its 150,000 bpd refinery in Grangemouth...
29 Apr 2024
Polish Prime Minister Donald Tusk has called on the country's prosecution and security services to look at alleged connections...
29 Apr 2024
Russian crude processing is expected to return to normal levels by the end of the second quarter...
29 Apr 2024
The arbitrage spread between naphtha prices on both sides of the Suez fell sharply amid...
29 Apr 2024
LlyondellBasell is considering converting units at its Houston refinery as it it stops processing...
29 Apr 2024
US energy giant ExxonMobil is in talks with Turkey to supply LNG, helping the eastern Mediterranean country to reduce it its dependence...
29 Apr 2024
The UAE's Dana Gas, one of the largest private natural gas companies in the Middle East, has temporarily suspended gas production...
29 Apr 2024
North American drilling activity eased last week oil rigs leading the losses, including a rare change in offshore activity...
29 Apr 2024
Around 2 million barrels of US crude has been waiting for around a month offshore Nigeria...
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