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Charterers are increasingly fixing larger ships to move smaller parcels as the hire costs for smaller Supramax and Handysize ships prove more expensive than for much larger Panamax and Capesize [...]

China’s integrated giant PetroChina will invest efforts to boost domestic oil and gas output, intensify international trading activities, as well as grow renewable energies to ensure energy [...]

India is feeling the pinch from sky-high crude prices, but refiners are resting their hopes for an early return of Venezuelan and Iranian oil to ease the situation instead of aggressively turning [...]

Japan does not see immediate impact on its LNG imports from Russia following its March 31 order prohibiting gas supply to countries that have imposed sanctions against Moscow if they refuse to [...]

Crude oil futures were largely steady in mid-morning Asian trade April 1 as prices consolidated after US President Joe Biden’s announcement of a Strategic Petroleum Reserve release sent [...]

Argentina’s Cammesa was set to award multicargo fuel oil and high sulfur diesel tenders due March 31, but those were for power generation, while it is a shortage of transportation diesel [...]

TPC Group’s southeast Texas petrochemical complex severely damaged by a pair of 2019 explosions is a fully functional terminal, and the company aims to expand its Houston butadiene [...]

Crude oil futures settled sharply lower March 31 after the White House announced it will release up to one-third of the nation’s Strategic Petroleum Reserve over the next six months in a [...]

Argentina aims to reduce gas imports this year as rising production from the Vaca Muerta shale play in the country’s southwest makes more supplies available, presidential spokesperson [...]

Japan said March 31 it will consider ways for the government to enhance its involvement in the country’s LNG procurement as part of its emergency response to energy security concerns in the [...]