Latest News

Nigeria's national oil company NNPC expects to start operations at a second domestic refinery...

Disruption in Kazakhstan's oil output persisted for a second day on Tuesday after a violent storm hit the Black Sea region and disrupted loading...

Europe is struggling to attract diesel from the US Gulf amid sky-high transatlantic freight costs, which have risen as a result...

Talks surrounding the upcoming OPEC+ meeting continued Tuesday and while the group, has yet to reach any agreement but market watchers are swaying towards...

TotalEnergies has restarted several units at its Port Arthur refinery after months of planned...

The price of marine fuel in Singapore remained under pressure in Singapore on Tuesday as cargo prices slumped to their lowest levels in four...

Asian crude prices Tuesday were marginally higher but largely tracking Brent with markets waiting for news on OPEC+, while marine fuel prices...

Brazil's Petrobras has terminated the sale of its LUBNOR refinery in northeastern Brazil, after the state-run company

Production at the troubled Prelude floating LNG plant off Western Australia is expected to resume after an extended outage...

US refiner Chevron is restarting operations at its Richmond refinery after a power outage...

Chinese refiners should pivot towards more sustainable aviation fuel (SAF) development to address oil refining overcapacity...

Crude oil futures Monday were marginally lower as  markets remained choppy amid uncertainty around OPEC+ and the group's attempts...

Crude futures fell back towards $80/b on Monday as uncertainty over this week's delayed OPEC+ meeting dragged on...

Swedish refiner Preem will start the conversion of a diesel unit at its Lysekil refinery to biofuel production this year...

Libya needs $17 billion worth of investment in its oil infrastructure over the next five years to boost its oil production to 2 million bpd...

European natural gas prices were down by over 5% Monday, as futures prices drifted to towards the lower end of November's narrow trading range...

Global air travel returned to its pre-Thanksgiving trend this week, with demand for both international...

Thailand's crude oil imports slumped by almost a quarter on the month in October to less than 1 million bpd for only the third time in the lasT...

Sri Lanka has given the go-ahead to a Sinopec plan to invest $4.5 billion to build a refinery in the country, the energy minister said Monday...

Crude throughputs at Mexico's ailing refineries collapsed to a three-year low last month...