By admin In In the NewsPosted August 3, 2023FACTBOX: Vietnam’s new energy masterplan focuses on energy security, coal and gas productionVietnam’s Deputy Prime Minister Tran Hong Ha recently approved the National Energy Masterplan over 2021-2030 with a vision to 2050 focused on [...] READ MORE
By admin In In the NewsPosted August 3, 2023Head of US-based APA sees no stability in UK oil and gas sectorHouston-based APA Corp., one of the last US operators in the North Sea, does not see “any” stability in the country’s upstream [...] READ MORE
By admin In In the NewsPosted August 3, 2023Canada’s raging wildfires lead to a surge in carbon emissionsThe wildfires in Canada have caused a massive surge in global greenhouse gas emissions in the first seven months of this year, the EU’s [...] READ MORE
By admin In In the NewsPosted August 3, 2023Saudi Arabia, Russia extend oil cuts ahead of OPEC+ committee meetingOPEC+ leaders Saudi Arabia and Russia are set to keep tightening the oil market into the autumn, announcing Aug. 3 they will extend their supply [...] READ MORE
By admin In In the NewsPosted August 3, 2023UK approves 10 million barrel North Sea Teal West oil field tie-inThe UK government has given the go-ahead for a 10 million barrel tie-in project in the North Sea known as Teal West, intended to boost oil flows [...] READ MORE
By admin In In the NewsPosted August 3, 2023Oil demand supports crude tanker rates despite OPEC+ cuts: EuronavCrude tanker markets remain supported by resilient, unseasonal oil demand growth despite downward pressure from the supply cuts by OPEC and its [...] READ MORE
By admin In In the NewsPosted August 2, 2023Crude futures pare early gains on softer China demand outlookCrude oil futures pared earlier gains in mid-afternoon Asian trade Aug. 3 as broad-based economic indicators in China reflected an overall [...] READ MORE
By admin In In the NewsPosted August 2, 2023Rebound in flows to Asia supports US crude exports over 5 million b/dUS crude exports over the week ended July 28 topped the 5 million b/d mark as a rebound in flows to Asia supported exports, while Europe [...] READ MORE
By admin In In the NewsPosted August 2, 2023US EPA denying small refineries biofuel blending waivers to aid corn, soybean demandThe US Environmental Protection Agency increasingly rejecting requests by small refineries seeking biofuel blending exemptions is likely to aid [...] READ MORE
By admin In In the NewsPosted August 2, 2023Indonesia takes initial steps to green its aviation sectorFlag carrier Garuda Indonesia has begun tests on jet fuel mixed with palm oil in the engines of a Boeing aircraft, the first Indonesian [...] READ MORE