Latest News
17 Dec 2024
Canada's Suncor is restarting its 85,000 bpd Sarnia refinery after a unit malfunction last week...
17 Dec 2024
Panama's bunker fuel sales pulled back in November from October's five year highs as monthly figures from the Panama...
17 Dec 2024
European states are tightening enforcement of sanctions on Russia's shadow fleet by demanding stricter proof of insurance, targeting...
17 Dec 2024
Ukraine is prepared to facilitate gas transit to Europe from non-Russian sources once its existing agreement with Russia expires, Prime...
16 Dec 2024
Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...
16 Dec 2024
Crude eased Monday as mixed Chinese data weighed on the outlook, while European product prices also inched lower...
16 Dec 2024
Gasoil cracks in Asia have rebounded strongly in the past two weeks underpinned by a weaker outflow from China as refiners in the country...
16 Dec 2024
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision...
16 Dec 2024
South Korean customs agency cleared 11.29 million mt of crude oil last month, unchanged from October as a rise in Australian and Kuwait crude...
16 Dec 2024
BP is expected to restart a crude unit at its 400,000 bpd Rotterdam refinery in the coming days after an unplanned outage just over a week ago...
16 Dec 2024
Bad weather has disrupted power supply to Norway's giant Nyhamna gas processing plant, reducing its capacity by around 40%...
16 Dec 2024
UK energy group INEOS has agreed to buy CNOOC's oil and gas assets in the US Gulf of Mexico, the two companies announced over the weekend...
16 Dec 2024
Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...
16 Dec 2024
Union workers at Marathon Petroleum's 140,000 bpd Detroit refinery have voted to ratify a new labour agreement, ending a strike that had...
16 Dec 2024
China's crude oil throughput rebounded in November on the back of higher cargo arrivals during the month as independent refiners ramped up purchases after...
16 Dec 2024
Australian road fuel demand rose for the fourth consecutive month in October, nearing its highest level of the year, according to official data...
16 Dec 2024
QatarEnergy is set to acquire a 27.5% working interest in Block 2813, offshore Namibia under a new agreement with...
16 Dec 2024
Global investors last week placed more bets on diesel prices falling as slim arbitrage margins throttled exports from the US and Asia while...
16 Dec 2024
Nigerian authorities have confirmed an oil spill at Shell's Bonny export terminal over the weekend...
16 Dec 2024
QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude expected...