Latest News
23 Apr 2024
Middle East crude prices rebounded strongly Tuesday as broader sentiment improved, while gasoil cracks continued to claw back ground...
23 Apr 2024
OPEC has reiterated its position that the timetable for the switch to cleaner fuels needs a radical rethink, contending the current net-zero...
23 Apr 2024
Limited feedgas volumes have started flowing to the troubled Freeport LNG terminal in Texas after near-zero throughputs for most of last week...
23 Apr 2024
China's natural gas demand is expected to rise sharply this year as the troubled world's second-largest economy is on track...
23 Apr 2024
Emergency services were called to a gas leak at Equinor's Hammersfest LNG plant on Tuesday...
23 Apr 2024
The world is on track to phase out the internal combustion engine, the IEA said Tuesday despite warnings
23 Apr 2024
Oman will continue to grow oil production in the coming years, as the Sultanate plans to auction offshore oil and gas blocks...
22 Apr 2024
Crude oil futures Monday were drifting lower as benchmarks extended the pre-weekend selloff amid easing tensions...
22 Apr 2024
Crude and product prices fell in European trade Monday with Middle East supply risks fading...
22 Apr 2024
A rally in the high sulfur oil east-west spread continued at the start of the week, with the gap between Singapore and ARA prices widening...
22 Apr 2024
TotalEnergies has announced a final investment decision in Oman's Marsa LNG project, while the energy giant also signed an LNG offtake agreement...
22 Apr 2024
EU-16 crude runs fell over the month as spring maintenance season swung into gear, but less severe than the previous year...
22 Apr 2024
Saudi Aramco is set to boost its portfolio of assets in China by taking a 10% stake in the privately-owned Hengli Petrochemical...
22 Apr 2024
Middle East crude opened the week lower with markets catching up with the Brent slump after Asian markets had closed on Friday...
22 Apr 2024
Oil production at Canada's vast oil sands in the Alberta province is under threat for a second consecutive year, as wildfires take hold...
22 Apr 2024
China's marine fuel oil exports rose sharply last month from the one-year low as...
22 Apr 2024
Philliips66 reported planned flaring at its 139,000 bpd Wilmington refinery in California over the weekend...
22 Apr 2024
North American drilling activity nudged higher last week for the first time in a month with oil leading the gains...
22 Apr 2024
China's crude oil imports from Russia last month hit a record level, more than offsetting a sharp fall in...
22 Apr 2024
Production has restarted at Russia's 120,000 bpd Orsk refinery in Russia around two weeks after its owners Forteinvest...