Latest News

30 Oct 2023
The UK has awarded a further round of licenses for exploration and development of oil and gas in the North Sea...
30 Oct 2023
ExxonMobil has been forced to unexpectedly shut a unit at its 240,000 bpd Port-Jérôme-Gravenchon on Sunday morning...
30 Oct 2023
Work to restore around half the production capacity at Nigeria's Kaduna refinery should...
30 Oct 2023
ExxonMobil is set to further ramp up production from Guyana this year with the startup of the Payara field in the lucrative Stabroek block...
30 Oct 2023
Positions on the world's two most liquid crude oil contracts were little changed last week...
30 Oct 2023
Cash premiums for both low-sulfur (LSFO) and high-sulfur (HSFO) marine fuel oil at the Chinese bunkering hub Zhoushan have jumped in the...
27 Oct 2023
Crude oil futures on Friday were higher on concerns of a wider regional conflict in the Middle East after US forces conducted strikes...
27 Oct 2023
Crude dipped on Friday amid renewed hopes of a ceasefire in the Israeli-Hamas conflict and ended...
27 Oct 2023
Marine fuel prices were relatively well supported in Singapore this week as supply from the Al Zour refinery is still not being made available...
27 Oct 2023
European natural gas prices were marginally lower the week ending 27 October, although consolidating most of the steep gains...
27 Oct 2023
The European Commission highlighted diesel stocks as it main vulnerability at an...
27 Oct 2023
US-based energy company ExxonMobil has left its estimate for oil production...
27 Oct 2023
Asian crude oil markets retreated by around 4% over the week with fears over a wider Middle East conflict initially easing...
27 Oct 2023
Gasoline's brief recovery in northwest Europe ran out of steam this week as it priced itself out...
27 Oct 2023
Diesel prices fell for the second straight week this week, with European cargo...
27 Oct 2023
Mobility data tracking Chinese residents moving in and out of major cities in China has fallen sharply towards the end of the month as...
27 Oct 2023
Asian crude prices Friday were lower with benchmark Dubai heading into a sluggish expiry, a move that helped gasoline margins continue...
27 Oct 2023
TotalEnergies has shut unspecified units at its 240,000 bpd Gonfreville refinery in Normandy...
27 Oct 2023
US oil major Chevron produced a record volume of fossil fuels in Q3 on the...
27 Oct 2023
Norway's Equinor slashed its 2023 production target on Friday, as the company reported...
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