Latest News

26 Nov 2024
Nigeria's Port Harcourt refinery loaded its first petroleum products Tuesday, according national oil company NNPC...
26 Nov 2024
Alaska North Slope crude oil production in October hit a six-month high and rose above the year-to-date average...
26 Nov 2024
TotalEnergies have set their eyes on South Africa's west coast, seeking environmental approval to drill up to seven exploration wells in its Deep...
26 Nov 2024
Thailand's crude oil imports soared to a record high in October, reaching 1.42 million bpd, driven by increased refining activity and a strong...
26 Nov 2024
Gasoline's premium over naphtha is at its widest in about two months in Europe and Asia as weak petrochemical demand helps free up more...
26 Nov 2024
Middle East crude prices retreated Tuesday on hopes that the expected Israel-Hezbollah treaty would lead to a broader settlement, ***...
26 Nov 2024
Kurdistan's Prime Minister Masrour Barzani has accused Iraq's federal government of causing $20 billion in losses due to the closure...
26 Nov 2024
Biofriend has agreed to supply biomass-based dimethyl ether to Taiyo Liquefied Gas as part of a previous MoU between the firms...
26 Nov 2024
The large crude distillation unit (CDU) is back to normal operation at Valero's 360,000 bpd Port Arthur refinery...
26 Nov 2024
Naphtha cargo arrivals into South Korea have continued to slide to the lowest level not seen since last spring as cracker demand...
26 Nov 2024
The Pluto LNG facility in offshore Australia remained offline Tuesday following an emergency shutdown on Monday, according to...
26 Nov 2024
Goldman Sachs has flagged a turbulent year ahead for the oil market in 2025, with downside risks outweighing short-term upside potential...
26 Nov 2024
US President-elect Donald Trump has vowed to impose 25% tariffs on all imports from Canada and Mexico, escalating tensions in North...
25 Nov 2024
Crude oil futures Monday were in retreat amid reports that a ceasefire deal between Israel and Hezbollah was gaining traction...
25 Nov 2024
Benchmark crude oil futures declined on Monday following reports of progress toward a ceasefire deal between Israel and Hezbollah, while LSGO...
25 Nov 2024
US natural gas opened the week sharply higher amid forecasts for colder weather boosting domestic demand...
25 Nov 2024
California Governor Gavin Newsom said Monday he would restart the state's electric vehicle (EV) rebate...
25 Nov 2024
OPEC+ will hold its early December ministerial meeting online rather than in person, according to newswire reports citing OPEC sources...
25 Nov 2024
The UK has sanctioned 30 tankers from Russia's so-called shadow fleet, marking its largest-ever crackdown on vessels transporting Russian...
25 Nov 2024
France's TotalEnergies said Monday it will make no new its investments in the Adani group of companies until the Indian firm's...
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