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Libya’s state-owned National Oil Corp. has appealed for the re-opening of the Zeuitina oil port and shipment of crude due to lack of storage at the facility and leakage at some tanks as the [...]

The US Environmental Protection Agency April 29 issued an emergency fuel waiver to allow summertime sales of a gasoline blend containing 15% ethanol, making good on President Joe Biden’s [...]

Phillips 66 expects to wrap up turnarounds underway at their refineries by mid-May as it positions itself to meet demand for the summer driving season, CEO Greg Garland said on April 29 on a Q1 [...]

Soybean oil prices in South America surged to historical highs, above the $1,900/mt mark for the first time amid tight supply of edible oils, while market participants expect further increases. [...]

All-inclusive container rates into North America were largely unchanged during the week ended April 29 amid slow booking activity and more easily accessible FAK rate space. This comes as [...]

PetroChina’s oil and gas output rose 3.3% year on year to 4.79 million boe/d in the first quarter, the company’s quarterly result showed on April 29, as Beijing called to stabilize [...]

Chinese company Sinopec’s flagship refinery Zhenhai Refining & Chemical in the eastern Zhejiang province will start producing biojet fuel in May, a refinery source said April 29. [...]

China’s offshore oil giant CNOOC is looking for opportunities to optimize its global asset profile to leverage its strengths for sustainable development, CFO Xie Weizhi said during the [...]

Abu Dhabi National Oil Company has bought a 25% stake in Austria’s Borealis from the UAE’s sovereign wealth fund Mubadala, the company said in a statement April 29. The investment [...]

China, the world’s largest LNG importer, has become a seller of LNG export cargoes as domestic demand wanes amid pandemic movement curbs in Shanghai and fears of similar restrictions being [...]